Ferrari N.V. (RACE)
| Market Cap | 55.65B |
| Revenue (ttm) | 4.76B |
| Net Income (ttm) | 1.00B |
| Shares Out | 184.09M |
| EPS (ttm) | 5.31 |
| PE Ratio | 41.96 |
| Forward PE | 42.02 |
| Dividend | 0.87 (0.39%) |
| Ex-Dividend Date | Apr 19, 2021 |
| Volume | 124,780 |
| Open | 224.40 |
| Previous Close | 224.61 |
| Day's Range | 222.24 - 224.49 |
| 52-Week Range | 175.42 - 232.52 |
| Beta | 0.90 |
| Analysts | Buy |
| Price Target | 232.20 (+4.1%) |
| Est. Earnings Date | Nov 2, 2021 |
About RACE
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 hypercars; 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 ...
Financial Performance
In 2020, Ferrari's revenue was 3.46 billion, a decrease of -8.15% compared to the previous year's 3.77 billion. Earnings were 607.82 million, a decrease of -12.65%.
Financial numbers in millions EURFinancial StatementsAnalyst Forecast
According to 11 analysts, the average rating for Ferrari stock is "Buy." The 12-month stock price forecast is 232.20, which is an increase of 4.13% from the latest price.
News
New Strong Sell Stocks for October 22nd
BNFT, EXN, RACE, LLNW, and WVE have been added to the Zacks Rank #5 (Strong Sell) List on October 22, 2021.
FERRARI TO ANNOUNCE THIRD QUARTER 2021 FINANCIAL RESULTS ON NOVEMBER 2
Maranello (Italy), October 20, 2021 - Ferrari N.V. (“Ferrari”) (NYSE/MTA: RACE) announced today that its financial results for the third quarter of 2021 will be released on Tuesday, November 2, 2021.
New Strong Sell Stocks for October 18th
CNFR, RACE, GGG, NUS, and LRN have been added to the Zacks Rank #5 (Strong Sell) List on October 18, 2021.
Ferrari N.v.: Periodic Report on the Buyback Program
Maranello (Italy), October 18, 2021 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the fifth tranche of the common share buyback program annou...
New Strong Sell Stocks for October 13th
BKNG, CCL, DDAIF, AQUA, and RACE have been added to the Zacks Rank #5 (Strong Sell) List on October 13, 2021.
Ferrari nv: periodic report on the buyback program
Ferrari N.V.: periodic report on the buyback program Maranello (Italy), October 11, 2021 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the ...
Ferrari N.v.: Completion of the Fourth Tranche of the Disclosed Multi-Year Share Repurchase Program and Announcement ...
Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the fourth tranche of the common share buyback program announced on March 11, 2021 (“Fourth Tranc...
FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
Maranello (Italy), September 27, 2021 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the fourth tranche of the common share buyback program an...
Ferrari parent forms alliance with ex-Apple designer Jony Ive
The duo -- who together developed the popular Apple Watch -- belong to the LoveFrom creative collective of designers, architects writers, engineers and artists.
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Ferrari to partner with Jony Ive's new design firm
Vroom. Vroom. Posh. LoveFrom, perhaps the most secretive creative collective on the planet—spun off by Sir Jony Ive after he stepped down from leading design at Apple—has announced its latest AAA client...
Ferrari, parent Exor clinch alliance with Apple designer Jony Ive
Italian luxury car maker Ferrari and parent company Exor, the holding vehicle of the Agnelli family, have agreed a long term partnership with Jony Ive, the designer of many of Apple's iconic products, a...
Buy Lucid Stock as an Acknowledgement That Mass Adoption Is Hard
While some analysts may compare LCID stock to buying Tesla or Ferrari shares, it's more like acquiring Ford very early on. The post Buy Lucid Stock as an Acknowledgement That Mass Adoption Is Hard appea...
Ferrari N.v.: Periodic Report on the Buyback Program
Maranello (Italy), September 20, 2021 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the fourth tranche of the common share buyback program an...
Exclusive: U.S. opens probe into 30 million vehicles over air bag inflators
U.S. auto safety investigators have opened a new probe into 30 million vehicles built by nearly two dozen automakers with potentially defective Takata air bag inflators, a government document seen by Re...
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Investing in the 'Ferrari of EV automakers'
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Jay Frye Talks Future Of IndyCar: Hybrid Engine, Aeroscreen, Ferrari, Alternative Fuels And More
Jay Frye, the president of IndyCar, talked about the progress of the next generation engine and the future state of IndyCar as part of the Grand Prix of Portland this past weekend.
Ferrari N.v.: Informativa Periodica Sull'acquisto di Azioni Proprie
Maranello (Italia), 13 settembre 2021 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” o la “Società”) comunica di avere acquistato sul Mercato Telematico Azionario (MTA) e sul New York Stock Exchange (NYSE),...
Why Ferrari's Profitability Boomed in the Second Quarter
It wasn't about the semiconductors.
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Ferrari Share Action Reflects Investor Hesitancy, But Some See Long-Term Success
Ferrari's roller-coaster share price reflects investor hesitancy, but some see long-term success. Investment banks like Morgan Stanley and UBS point to long-term strengths, but some analysts see problem...
Why Ferrari's Profitability Surged in the Second Quarter
The automaker's margin was eye-popping. Was it a fluke?
Ferrari (RACE) Beats Q2 Earnings Estimates
Ferrari (RACE) delivered earnings and revenue surprises of 12.61% and -4.33%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?