Ferrari/RACE

$410.40

-2.37%
-
1D1W1MYTD1YMAX

About Ferrari

Ferrari NV, known as Ferrari, is an Italy-based designer, manufacturer and retailer of sports cars that is incorporated in the Netherlands. It operates under the Ferrari brand. Its sports cars portfolio includes, among others, F12berlinetta, FF, Ferrari 488 GTB, 488 Spider, 458 Speciale, Ferrari California T, F12tdf and LaFerrari. The Company also offers financing services through Ferrari Financial Services. It also produces limited series and one-off cars. The Company divides its regional markets in EMEA (Europe, the Middle East, India and Africa), Americas, Greater China and Rest of APAC (Asia-Pacific region, excluding Greater China) and is active in over 60 markets worldwide through a network of authorized dealers.

Ticker

RACE

Sector

Consumer Cyclicals

Trading on

NYSE

Industry

Auto & Truck Manufacturers

CEO

John Elkann

Employees

4,988

Headquarters

Maranello, Italy

Ferrari Metrics

BasicAdvanced
$75.16B
Market cap
56.17
P/E ratio
$6.90
EPS
0.55
Beta
$2.44
Dividend rate
0.63%
Dividend yield
$75.16B
0.54715
$410.10
$248.00
320.68K
$2.44
1.99
1.517
80.93
80.93
26.25%
74.318
181.49%
15.9%
44.29%
21.08%
56.17
12.59
30.866
87.809
90.937
0.71%
0.63%
0.63%
17.17%
35.56%
19.94%
28.14%
41.24%

What the Analysts think about Ferrari

Analyst Ratings

Majority rating from 15 analysts.
Hold

Price Targets

Average projection from 14 analysts.
0.96% upside
High $502.64
Low $350.36
$410.40
Current price
$414.32
Average price target

Ferrari Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
19.26% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
€1.52B
-1.33%
Net income
€293.5M
-11.01%
Profit margin
19.26%
-9.83%

Ferrari Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 7.92%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
€1.62
€1.83
€1.82
€1.62
-
Expected
€1.48
€1.75
€1.60
€1.50
€1.89
Surprise
9.34%
4.67%
13.84%
7.92%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Ferrari stock?

Ferrari (RACE) has a market cap of $75.16B as of April 15, 2024.

What is the P/E ratio for Ferrari stock?

The price to earnings (P/E) ratio for Ferrari (RACE) stock is 56.17 as of April 15, 2024.

Does Ferrari stock pay dividends?

Yes, the Ferrari (RACE) stock pays dividends to shareholders. As of April 15, 2024, the dividend rate is $2.443 and the yield is 0.63%. Ferrari has a payout ratio of 26.25% on a trailing twelve-month basis.

When is the next Ferrari dividend payment date?

The next Ferrari (RACE) dividend payment is scheduled for May 03, 2024.

What is the beta indicator for Ferrari?

Ferrari (RACE) has a beta rating of 0.55. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.

What is the Ferrari stock price target?

The target price for Ferrari (RACE) stock is $414.32, which is 0.96% above the current price of $410.4. This is an average based on projections from 14 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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