Ferrari N.V. (RACE)

$253.72

+5.95 (+2.40%)
Rating:
Recommendation:
Strong Buy
Symbol RACE
Price $253.72
Beta 0.950
Volume Avg. 0.30M
Market Cap 46.283B
Shares () -
52 Week Range 167.45-256.082
1y Target Est -
DCF Unlevered RACE DCF ->
DCF Levered RACE LDCF ->
ROE 40.31% Strong Buy
ROA 12.15% Buy
Operating Margin -
Debt / Equity 217.15% Strong Buy
P/E 46.13 Strong Buy
P/B 16.40 Strong Buy
Annual
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Earnings

Consensus EPS

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Latest RACE news


Mr. Louis Camilleri
Consumer Cyclical
Auto Manufacturers
New York Stock Exchange

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.