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RACE - Ferrari N.V.

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Ferrari N.V.

RACE

NYSE

Ferrari N.V., through its subsidiaries, designs, engineers, produces, and sells luxury performance sports cars. The company offers sports, GT, and special series cars; limited edition hyper cars; one-off and track cars; and Icona cars. It also provides racing cars, and spare parts and engines, as well as after sales, repair, maintenance, and restoration services for cars. In addition, the company licenses its Ferrari brand to various producers and retailers of luxury and lifestyle goods; Ferrari World, a theme park in Abu Dhabi, the United Arab Emirates; and Ferrari Land Portaventura, a theme park in Europe. Further, it provides direct or indirect finance and leasing services to retail clients and dealers; manages racetracks, as well as owns and manages two museums in Maranello and Modena, Italy; and develops and sells a line of apparel and accessories through its monobrand stores. As of December 31, 2021, it had a total of 30 retail Ferrari stores, including 14 franchised stores and 16 owned stores. The company also sells its products through a network of 172 authorized dealers operating 191 points of sale worldwide, as well as through its website, store.ferrari.com. Ferrari N.V. was founded in 1947 and is headquartered in Maranello, Italy.

432 USD

34.14 (7.9%)

Historical Prices

From:

To:

397.8400410420430433.6909:30 AM09:49 AM10:08 AM10:27 AM10:46 AM11:05 AM11:24 AM11:44 AM12:04 PM12:33 PM12:54 PM01:14 PM01:33 PM01:52 PM02:12 PM02:31 PM02:50 PM03:09 PM03:28 PM03:47 PM

About

ceo

Mr. Benedetto Vigna

sector

Consumer Cyclical

industry

Auto - Manufacturers

exchange

NYSE

Description

Ferrari N.V., through its subsidiaries, designs, engineers, produces, and sells luxury performance sports cars. The company offers sports, GT, and special series cars; limited edition hyper cars; one-off and track cars; and Icona cars. It also provides racing cars, and spare parts and engines, as well as after sales, repair, maintenance, and restoration services for cars. In addition, the company licenses its Ferrari brand to various producers and retailers of luxury and lifestyle goods; Ferrari World, a theme park in Abu Dhabi, the United Arab Emirates; and Ferrari Land Portaventura, a theme park in Europe. Further, it provides direct or indirect finance and leasing services to retail clien...

CIK

0001648416

ISIN

NL0011585146

CUSIP

N3167Y103

Address

Via Abetone Inferiore n. 4

Phone

39 0536 94 91 11

Country

IT

Employee

5,435

IPO Date

Oct 21, 2015

Financial Statement

0300M600M900M1.2B1.5B1.8B2023 Q42024 Q12024 Q22024 Q32024 Q4RevenueNet Income

Earnings

00.511.522.52023 Q22023 Q32023 Q42024 Q12024 Q22024 Q32024 Q42025 Q1EPS Consensus

RACE Financial Summary

CIK

0001648416

Exchange

NYSE

Industry

Auto - Manufacturers

Sector

Consumer Cyclical

CUSIP

N3167Y103

ISIN

NL0011585146

Country

IT

Price

432

Beta

0.67

Volume Avg.

495.29k

Market Cap

77.35B

Shares

-

52-Week

391.54-509.13

DCF

180.45

ROE

-

ROA

-

Operating Margin

-

Debt/Equity

-

P/E

46.4

P/B

-

Website

https://www.ferrari.com

Upgrades and Downgrades

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Latest RACE News

Danny Green

Oct 21, 2024

Ferrari (NYSE:RACE) Maintains Positive Outlook with Barclays...

On October 21, 2024, Barclays maintained its "Overweight" rating for Ferrari (NYSE:RACE), suggesting confidence in the company's future performance. The stock price at the time was $480.18, and Barclays increased Ferrari's price target from EUR 450 to EUR 500, as highlighted by TheFly. This indicates a positive outlook for Ferrari's stock, despite recent fluctuations. Ferrari is actively progressing with its share buyback program, which is part of a larger initiative valued at approximately €2 ...

CNBC Television

Aug 20, 2024

Calls of the Day: Ferrari, Snowflake, Lululemon, Mastercard,...

The Investment Committee discuss the latest Calls of the Day.

The Motley Fool

Aug 19, 2024

3 Consumer Discretionary Stocks to Buy and Hold for Great Lo...

Tapestry owns famous brands such as Kate Spade and Coach and has been delivering solid growth over the years. Ralph Lauren is a luxury apparel brand that has broad appeal and is steadily growing its worldwide presence.

The Motley Fool

Aug 15, 2024

1 Phenomenal Stock Up 166% in 5 Years: Is It Too Late to Buy...

Strong revenue and earnings growth have propelled Ferrari. The company's brand stands for exclusivity, leading to impressive pricing power.

Tony Dante

Aug 14, 2024

Ferrari Upgrades Full-Year Forecasts Amid Strong Q2 Performa...

Ferrari, known for its luxury sports cars, has recently made headlines with its upgraded forecasts for full-year revenues and core earnings, showcasing a robust performance in the second quarter. This Italian automaker, trading under the symbol NYSE:RACE, has been a symbol of prestige and performance in the automotive industry. The company's success can be attributed to its enhanced product offering and the increasing demand for personalized luxury sports cars. Ferrari's strategic focus on custo...

Seeking Alpha

Aug 4, 2024

Ferrari: After Q2 Earnings Beat, Consensus Estimates Still S...

Ferrari reported strong second quarter results, beating estimates with revenue growth, margin improvement, and EPS growth. The company's unique business model, scarcity of products, and control over sales contribute to consistent growth and margin expansion. Analyst consensus on Ferrari's valuation and growth potential is underestimated, with the company expected to outperform expectations in the future.

Zacks Investment Research

Aug 2, 2024

ALSN vs. RACE: Which Stock Should Value Investors Buy Now?

Investors interested in stocks from the Automotive - Original Equipment sector have probably already heard of Allison Transmission (ALSN) and Ferrari (RACE). But which of these two stocks is more attractive to value investors?

InvestorPlace

Aug 1, 2024

The Top 3 Auto Stocks to Buy Now: Summer 2024

At the moment, the concept of acquiring auto stocks might seem counterproductive. After all, the consumer economy is struggling under the weight of inflation and high borrowing costs.

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