RACE - Ferrari N.V.

NYSE - Nasdaq Real Time Price. Currency in USD
168.54
+5.17 (+3.16%)
As of 12:46PM EDT. Market open.
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Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
    9M+
Previous Close163.37
Open164.80
Bid168.32 x 800
Ask168.52 x 800
Day's Range164.30 - 168.88
52 Week Range127.73 - 180.95
Volume152,060
Avg. Volume530,433
Market Cap41.49B
Beta (5Y Monthly)0.91
PE Ratio (TTM)37.58
EPS (TTM)4.49
Earnings DateJan 31, 2018 - Feb 05, 2018
Forward Dividend & Yield1.23 (0.75%)
Ex-Dividend DateApr 20, 2020
1y Target Est177.74
  • Is Ferrari Stock a Buy?
    Motley Fool

    Is Ferrari Stock a Buy?

    Of course, as in so many things automotive, Ferrari (NYSE: RACE) has been an exception. Or to put the question another way, is Ferrari's valuation justified? Many things have changed about Ferrari since its founding in 1947, but one thing hasn't: Its race-bred cars are still for the moneyed few.

  • GlobeNewswire

    Ferrari Announces Settlement of its Notes offering  

    Ferrari N.V. (NYSE/MTA: RACE) announces the settlement of the offering, previously announced, of Euro 650 million in aggregate principal amount of 1.500% notes due in May 2025, with an issue price of 98.898% (the “Notes”). The net proceeds of the offering were approximately Euro 641 million after payment of offering and related expenses. The Notes have been admitted to the Official List of Euronext Dublin and to trading on the regulated market of Euronext Dublin.

  • GlobeNewswire

    Ferrari Pricing of Issue of Notes  

    Maranello (Italy), 20 May 2020 – Ferrari N.V. (NYSE/MTA: RACE) (the “Issuer”) today announces the pricing of a Euro 650 million issue of notes due in May 2025 (the “Notes”),.

  • Barrons.com

    Why a Top Stock Fund Likes Ferrari, Moody’s, and MSCI

    The $357 million YCG Enhanced fund looks for companies with enduring pricing power in growing industries. The strategy has paid off.

  • GlobeNewswire

    Ferrari Announces Offering of Notes  

    Maranello, 20 May, 2020 - Ferrari N.V. (“Ferrari”) (NYSE/MTA: RACE) announced today that it plans to offer unsecured debt securities (the “Notes”) in benchmark size and subject.

  • Thomson Reuters StreetEvents

    Edited Transcript of RACE earnings conference call or presentation 4-May-20 1:00pm GMT

    Q1 2020 Ferrari NV Earnings Call

  • F1's Carlos Sainz Jr. will go to Ferrari, Daniel Ricciardo to McLaren
    Autoblog

    F1's Carlos Sainz Jr. will go to Ferrari, Daniel Ricciardo to McLaren

    Carlos Sainz Jr. will drive for Formula One team Ferrari next season and Daniel Ricciardo will replace the Spaniard at McLaren. The 25-year-old Sainz Jr. will join Ferrari on a two-year deal starting next year, the Italian team said in a statement Thursday, shortly after McLaren announced Ricciardo’s arrival from Renault. “I am very happy that I will be driving for Ferrari in 2021 and I’m excited about my future with the team,” Sainz Jr. said.

  • Ferrari mule lapping Fiorano could house V6 hybrid
    Autoblog

    Ferrari mule lapping Fiorano could house V6 hybrid

    Ferrari spoke of plans to add a V6 to its lineup two years ago, without dropping its two other trademark motors. Instagram user simonemasetti_photography, a regular around Ferrari's Fiorano test track in Maranello, captured the vids, while Instagrammer cochespias uploaded them.

  • Sebastian Vettel, Ferrari ending their frustrating relationship at F1 season's end
    Autoblog

    Sebastian Vettel, Ferrari ending their frustrating relationship at F1 season's end

    Sebastian Vettel may walk away from Ferrari having never delivered the Formula One title the proud Italian team so desperately wants. The 32-year-old German driver joined Ferrari in 2015 to replace Fernando Alonso, but was unable to add to his world titles at Red Bull from 2010-13. Now that is within reach of world champion Lewis Hamilton, who has six.

  • Benzinga

    P/E Ratio Insights for Ferrari

    In the current market session, Ferrari Inc. (NYSE: RACE) is trading at $159.27, after a 0.7% drop. However, over the past month, the stock spiked by 2.12%, and in the past year, by 12.86%. Shareholders might be interested in knowing whether the stock is overvalued, even if the company is not performing up to par in the current session.Assuming that all other factors are held constant, this could present itself as an opportunity for shareholders trying to capitalize on the higher share price. The stock is currently trading below from its 52 week high by 11.98%.The P/E ratio is used by long-term shareholders to assess the company's market performance against aggregate market data, historical earnings, and the industry at large. A lower P/E indicates that shareholders do not expect the stock to perform better in the future, and that the company is probably undervalued. It shows that shareholders are less than willing to pay a high share price, because they do not expect the company to exhibit growth, in terms of future earnings.Depending on the particular phase of a business cycle, some industries will perform better than others.Compared to the aggregate P/E ratio of 6.86 in the auto manufacturers industry, Ferrari has a higher P/E ratio of 40.46. Shareholders might be inclined to think that Ferrari might perform better than its industry group. It's also possible that the stock is overvalued.There are many limitations to price to earnings ratio. It is sometimes difficult to determine the nature of the earnings makeup of a company. Shareholders might not get what they're looking for, from trailing earnings.See more from Benzinga * 15 Consumer Cyclical Stocks Moving In Tuesday's Pre-Market Session * Ferrari: Q1 Earnings Insights(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • Mario Andretti would love to see Ferrari join Indycar
    Autoblog

    Mario Andretti would love to see Ferrari join Indycar

    Motor racing great Mario Andretti would love to see Italian carmaker Ferrari join the North American Indycar series as a chassis and engine supplier. “Having Ferrari would be incredible,” Andretti told the Italian sports newspaper.

  • Barrons.com

    One Car Maker That Will Emerge Stronger From the Pandemic. It’s Not Who You Might Think.

    There is one automotive company that will emerge unscathed from the Covid-19 mess. It might be hard to guess which one.

  • Lawmakers push for auto industry bailout
    Yahoo Finance Video

    Lawmakers push for auto industry bailout

    Yahoo Finance's Rick Newman joins Jen Rogers and Andy Serwer to discuss the possibility of a bailout for the auto industry amid the coronavirus pandemic.

  • Were Hedge Funds Right About Ferrari N.V. (RACE)?
    Insider Monkey

    Were Hedge Funds Right About Ferrari N.V. (RACE)?

    Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]

  • Company News for May 5, 2020
    Zacks

    Company News for May 5, 2020

    Companies in the news are: STWD, WEC, RACE, WLK

  • Dow Jones Closes Higher Despite Trump's Coronavirus Claims, As Energy, Techs Rally
    Investor's Business Daily

    Dow Jones Closes Higher Despite Trump's Coronavirus Claims, As Energy, Techs Rally

    The Dow Jones Industrial Average reversed slightly higher to close in the black, even as President Trump continued claims the coronavirus escaped from a lab in China.

  • Supercar Maker's Earnings Beat As U.S. Auto Industry Faces Worst-Ever Sales
    Investor's Business Daily

    Supercar Maker's Earnings Beat As U.S. Auto Industry Faces Worst-Ever Sales

    Ferrari beat earnings views but cut guidance for the year, warning the coronavirus hit will be felt most in Q2.

  • Ferrari N.V. (RACE) Q1 2020 Earnings Call Transcript
    Motley Fool

    Ferrari N.V. (RACE) Q1 2020 Earnings Call Transcript

    RACE earnings call for the period ending March 31, 2020.

  • Ferrari Cuts 2020 Profit Forecast on Coronavirus Disruptions
    Motley Fool

    Ferrari Cuts 2020 Profit Forecast on Coronavirus Disruptions

    Ferrari (NYSE: RACE) reported solid first-quarter earnings despite the impact of the coronavirus outbreak, but warned that the current quarter is shaping up to be a difficult one, and it cut its profit forecast for the full year. Ferrari's first-quarter operating profit of 220 million euros ($241.4 million) was down 5% from a year ago, as an increase in deliveries failed to offset the loss of much of the income generated by its Formula 1 racing team after races were canceled. Ferrari reports its financial results in euros.

  • Ferrari slashes 2020 earnings forecast because of coronavirus pandemic
    Autoblog

    Ferrari slashes 2020 earnings forecast because of coronavirus pandemic

    Ferrari, which is based in the Emilia Romagna region that is one of the hardest-hit by the coronavirus in Italy, lowered its guidance for net revenues to between 3.4 billion euros and 3.6 billion euros from 4.1 billion euros previously. CEO Louis Camilleri said the lowered guidance assumes that 75% to 100% of the lost earnings will be booked during the second quarter. Branding revenues also are forecast to suffer with fewer visitors to Ferrari’s museum, amusement parks and shops.

  • Ferrari (RACE) Tops Q1 Earnings and Revenue Estimates
    Zacks

    Ferrari (RACE) Tops Q1 Earnings and Revenue Estimates

    Ferrari (RACE) delivered earnings and revenue surprises of 10.00% and 20.62%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

  • Ferrari slowed by coronavirus, but not driven off course
    Reuters

    Ferrari slowed by coronavirus, but not driven off course

    Luxury sports car maker Ferrari still expects to make more than $1 billion in core profit this year, providing a relative beacon of stability in an auto industry ravaged by the coronavirus crisis. The company, known for its red Formula One racing cars and its prancing horse logo, cut its 2020 core earnings forecast on Monday, blaming a hit to motor sport revenues among other pressures, and warning of an extremely tough second quarter. Ferrari shares closed up 1.5% at 154.50 euros, having fallen over 5% immediately after news of the downgrade.

  • Benzinga

    Ferrari: Q1 Earnings Insights

    Shares of Ferrari (NYSE:RACE) rose 0.1% in pre-market trading after the company reported Q1 results.Quarterly Results Earnings per share were down 8.33% year over year to $0.99, which beat the estimate of $0.93.Revenue of $1,028,000,000 lower by 4.10% from the same period last year, which beat the estimate of $949,080,000.Looking Ahead Earnings guidance hasn't been issued by the company for now.Revenue guidance hasn't been issued by the company for now.Conference Call Details Date: May 04, 2020View more earnings on RACETime: 03:03 PM ETWebcast URL: https://edge.media-server.com/mmc/p/qepjihmuTechnicals 52-week high: $180.95Company's 52-week low was at $127.73Price action over last quarter: down 11.47%Company Profile Ferrari engineers and manufactures some of the world's most expensive exotic sports cars. The Ferrari brand is synonymous with Formula One racing, exclusivity, Italian design, and state-of-the-art technology. Ferrari also has a captive finance company that provides funding for dealers and clients.See more from Benzinga * Recap: Customers Bancorp Q1 Earnings * Recap: Wabtec Q1 Earnings * Recap: WEC Energy Group Q1 Earnings(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • GlobeNewswire

    Sound Core Business Growth in q1 2020, GUIDANCE REVISED TO REFLECT PRESENT CONSTRAINTS AND UNCERTAINTIES

    Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) today announces its consolidated preliminary results mfor the first quarter ended March 31, 2020. The Company also.

  • Ferrari to gradually restart operations from Monday
    Autoblog

    Ferrari to gradually restart operations from Monday

    Luxury carmaker Ferrari said on Thursday it would restart operations at its Maranello and Modena plants on May 4, when Italy is set to start lifting coronavirus lockdown measures. The sites will resume operations "gradually" and return to full production on Friday May 8, Ferrari said. Ferrari said that before resuming operations it was organizing training sessions for workers — focused on precautionary measures they must take — as part of its "Back on Track" program, unveiled earlier this month and aimed at preparing for a safe working environment at the sites.