NYSE:RACE Ferrari (RACE) Stock Price, News & Analysis → Buy Friday. Sell Monday. (From WealthPress) (Ad) Free RACE Stock Alerts $422.62 +3.05 (+0.73%) (As of 05/17/2024 ET) Add Compare Share Share Today's Range$419.76▼$423.8050-Day Range$401.00▼$439.5952-Week Range$283.20▼$442.80Volume182,928 shsAverage Volume303,244 shsMarket CapitalizationN/AP/E Ratio53.97Dividend YieldN/APrice Target$456.67 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Ferrari alerts: Email Address Ferrari MarketRank™ Stock AnalysisAnalyst RatingHold2.40 Rating ScoreUpside/Downside8.1% Upside$456.67 Price TargetShort InterestHealthy1.37% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.20Based on 35 Articles This WeekInsider TradingN/AProj. Earnings Growth11.10%From $8.20 to $9.11 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.34 out of 5 stars 2.2 Analyst's Opinion Consensus RatingFerrari has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 5 buy ratings, 4 hold ratings, and 1 sell rating.Amount of Analyst CoverageFerrari has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Ferrari's stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.37% of the float of Ferrari has been sold short.Short Interest Ratio / Days to CoverFerrari has a short interest ratio ("days to cover") of 6.1.Change versus previous monthShort interest in Ferrari has recently decreased by 6.74%, indicating that investor sentiment is improving significantly. Previous Next 0.8 Dividend Strength Dividend YieldFerrari does not currently pay a dividend.Dividend GrowthFerrari has only been increasing its dividend for 3 years.Dividend SustainabilityBased on earnings estimates, Ferrari will have a dividend payout ratio of 28.76% next year. This indicates that Ferrari will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for RACE. Previous Next 1.8 News and Social Media Coverage News SentimentFerrari has a news sentiment score of 0.20. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.52 average news sentiment score of Auto/Tires/Trucks companies.News Coverage This WeekMarketBeat has tracked 35 news articles for Ferrari this week, compared to 39 articles on an average week.Search InterestOnly 25 people have searched for RACE on MarketBeat in the last 30 days. This is a decrease of -4% compared to the previous 30 days.MarketBeat Follows7 people have added Ferrari to their MarketBeat watchlist in the last 30 days. This is an increase of 40% compared to the previous 30 days. Previous Next N/A Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ferrari insiders have not sold or bought any company stock.Read more about Ferrari's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Ferrari are expected to grow by 11.10% in the coming year, from $8.20 to $9.11 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ferrari is 53.97, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.20.Price to Earnings Ratio vs. SectorThe P/E ratio of Ferrari is 53.97, which means that it is trading at a more expensive P/E ratio than the Auto/Tires/Trucks sector average P/E ratio of about 11.65.Price to Earnings Growth RatioFerrari has a PEG Ratio of 3.24. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioFerrari has a P/B Ratio of 28.48. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Ferrari's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto 101 MediaThe Overlooked Retirement Asset You Probably Don’t Own4 out of 5 Americans believe we’re on the brink of a retirement crisis. Luckily, in these unprecedented times, we have an unprecedented solution. Once considered a “fringe” investment, the crypto market is now taking the world by storm.Click here to access the Crypto Retirement Blueprint now. About Ferrari Stock (NYSE:RACE)Ferrari N.V., through its subsidiaries, engages in design, engineering, production, and sale of luxury performance sports cars worldwide. The company offers range, special series, Icona, and supercars; limited edition supercars and one-off cars; and track cars. It also provides racing cars, and spare parts and engines, as well as after sales, repair, maintenance, and restoration services for cars; and licenses its Ferrari brand to various producers and retailers of luxury and lifestyle goods. In addition, the company operates Ferrari museums in Modena and Maranello; Il Cavallino restaurant in Maranello; and theme parks in Abu Dhabi and Spain. Further, it provides direct or indirect finance and leasing services to retail clients and dealers; manages racetracks; develops and sells a range of apparel and accessories; and operates franchised and owned Ferrari stores. The company also sells its products through a network of authorized dealers operating points of sale, as well as through its website. The company was founded in 1947 and is headquartered in Maranello, Italy.Read More RACE Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart RACE Stock News HeadlinesMay 17 at 8:05 AM | msn.comMillion Dollar Machine: 1957 Ferrari Testa Rossa Fetches $40 MillionMay 16 at 5:03 PM | msn.comFerrari starlet admits CONSTANT rewatches of key F1 momentMay 16 at 5:03 PM | msn.comEXCLUSIVE: How Ferrari found Bearman - inside the Scuderia's secretive scouting campMay 16 at 5:03 PM | msn.comEyes on Ferrari at F1 Imola as Upgraded SF-24 IntroducedMay 16 at 5:03 PM | nytimes.comFrédéric Vasseur’s Plan for Ferrari Begins to Pay OffMay 16 at 5:03 PM | msn.comFerrari left Leclerc in the dark regarding a major change in ImolaMay 15 at 9:56 PM | msn.comVan der Poel will skip mountain bike event at Paris Olympics to focus on road raceMay 15 at 4:56 PM | msn.comPREVIEW-Motor racing-F1's European season starts with a new buzz and old memoriesMay 15 at 4:56 PM | yahoo.comCharles Leclerc warned over Lewis Hamilton arrival at FerrariMay 15 at 4:56 PM | msn.comFerrari F1 News: 2025 Driver Line-Up 'Will Be Questioned' if Carlos Sainz Takes Imola Victory - InsiderMay 15 at 10:07 AM | fool.com3 Things You Must Know About Ferrari Before You Buy the StockMay 15 at 5:02 AM | markets.businessinsider.comStem Cell Therapy Accelerates Recovery for Ferrari Challenge Driver Marco PulciniMay 15 at 1:44 AM | americanbankingnews.comFerrari (NYSE:RACE) Stock Rating Lowered by StockNews.comMay 14, 2024 | msn.comF1 legend Schumacher sells gifts from Ferrari pal in MULTI-MILLION pound auctionMay 14, 2024 | msn.comRed Bull F1 legend 'HATED' by Ferrari insists paddock insiderMay 14, 2024 | msn.comJenson Button warns Lewis Hamilton over ‘different way of racing’ at FerrariMay 14, 2024 | globenewswire.comFerrari Pricing of Issue of NotesMay 14, 2024 | msn.comLewis Hamilton’s 2025 F1 title target strengthened as Ferrari poach two Mercedes executivesMay 14, 2024 | msn.comMotor racing-Ferrari appoint d'Ambrosio as F1 deputy principalMay 14, 2024 | msn.comHow Bearman could be back racing in F1 sooner than laterMay 14, 2024 | msn.comLewis Hamilton and Max Verstappen dream team flags up Ferrari 2025 warningMay 14, 2024 | americanbankingnews.comJefferies Financial Group Initiates Coverage on Ferrari (NYSE:RACE)May 13, 2024 | globenewswire.comFERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAMMay 13, 2024 | finance.yahoo.comFerrari Announces Offering of NotesMay 13, 2024 | globenewswire.comFerrari Announces Offering of NotesSee More Headlines Receive RACE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Ferrari and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings11/02/2021Ex-Dividend for 5/3 Dividend4/22/2024Dividend Payable5/03/2024Today5/17/2024Next Earnings (Estimated)8/07/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorAuto/Tires/Trucks Industry Motor vehicles & car bodies Sub-IndustryN/A Current SymbolNYSE:RACE CUSIPN/A CIK1648416 Webwww.ferrari.com Phone390536949111FaxN/AEmployees4,988Year Founded1947Price Target and Rating Average Stock Price Target$456.67 High Stock Price Target$512.00 Low Stock Price Target$400.00 Potential Upside/Downside+8.1%Consensus RatingHold Rating Score (0-4)2.40 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$7.83 Trailing P/E Ratio53.97 Forward P/E Ratio51.54 P/E Growth3.24Net Income$1.36 billion Net Margins21.42% Pretax Margin27.14% Return on Equity43.94% Return on Assets16.10% Debt Debt-to-Equity Ratio0.80 Current Ratio4.18 Quick Ratio3.25 Sales & Book Value Annual Sales$6.46 billion Price / SalesN/A Cash Flow$8.58 per share Price / Cash Flow49.25 Book Value$14.84 per share Price / Book28.48Miscellaneous Outstanding SharesN/AFree FloatN/AMarket CapN/A OptionableOptionable Beta0.98 Social Links 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.Get This Free Report Key ExecutivesMr. John Jacob Philip Elkann (Age 48)Executive Chairman Comp: $1.64MMr. Benedetto Vigna (Age 55)CEO & Executive Director Comp: $5.09MMr. Antonio Picca Piccon (Age 60)Chief Financial Officer Mr. Davide Abate (Age 40)Chief Technologies & Infrastructures Officer Ms. Nicoletta RussoHead of Investor RelationsMr. Carlo Daneo (Age 56)General Counsel Mr. Marco Lovati (Age 52)Chief Internal Audit, Risk and Compliance Officer Ms. Francesca Montini (Age 45)Chief Communications Officer Mr. Enrico Galliera (Age 58)Chief Marketing & Commercial Officer Mr. Michele Antoniazzi (Age 55)Chief Human Resources Officer More ExecutivesKey CompetitorsHonda MotorNYSE:HMCLightning eMotorsNYSE:ZEVProterraNASDAQ:PTRAQSRIVARUNASDAQ:SVMHVolconNASDAQ:VLCNView All CompetitorsInstitutional OwnershipCastleark Management LLCBought 15,064 shares on 5/17/2024Ownership: 0.000%SkyView Investment Advisors LLCBought 3,076 shares on 5/17/2024Ownership: 0.000%Wahed Invest LLCSold 2,063 shares on 5/17/2024Ownership: 0.000%Wiser Advisor Group LLCBought 62 shares on 5/17/2024Ownership: 0.000%Western Pacific Wealth Management LPBought 277 shares on 5/17/2024Ownership: 0.000%View All Institutional Transactions RACE Stock Analysis - Frequently Asked Questions Should I buy or sell Ferrari stock right now? 10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ferrari in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" RACE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RACE, but not buy additional shares or sell existing shares. View RACE analyst ratings or view top-rated stocks. What is Ferrari's stock price target for 2024? 10 brokerages have issued twelve-month target prices for Ferrari's shares. Their RACE share price targets range from $400.00 to $512.00. On average, they anticipate the company's stock price to reach $456.67 in the next year. This suggests a possible upside of 8.1% from the stock's current price. View analysts price targets for RACE or view top-rated stocks among Wall Street analysts. How have RACE shares performed in 2024? Ferrari's stock was trading at $338.43 on January 1st, 2024. Since then, RACE stock has increased by 24.9% and is now trading at $422.62. View the best growth stocks for 2024 here. When is Ferrari's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024. View our RACE earnings forecast. How were Ferrari's earnings last quarter? Ferrari (NYSE:RACE) posted its quarterly earnings data on Tuesday, November, 2nd. The company reported $1.11 earnings per share for the quarter, beating analysts' consensus estimates of $1.07 by $0.04. The business had revenue of $1.24 billion for the quarter, compared to the consensus estimate of $1.26 billion. Ferrari had a trailing twelve-month return on equity of 43.94% and a net margin of 21.42%. During the same period in the previous year, the company posted $1.08 EPS. How often does Ferrari pay dividends? What is the dividend yield for Ferrari? Ferrari declared an annual dividend on Saturday, April 13th. Stockholders of record on Tuesday, April 23rd will be paid a dividend of $2.443 per share on Friday, May 3rd. This represents a yield of 0.62%. The ex-dividend date of this dividend is Monday, April 22nd. Read our dividend analysis for RACE. What ETFs hold Ferrari's stock? ETFs with the largest weight of Ferrari (NYSE:RACE) stock in their portfolio include Alpha Architect International Quantitative Momentum ETF (IMOM). What guidance has Ferrari issued on next quarter's earnings? Ferrari issued an update on its FY 2024 earnings guidance on Wednesday, May, 8th. The company provided EPS guidance of 8.150- for the period, compared to the consensus estimate of 8.370. The company issued revenue guidance of $7.0 billion-, compared to the consensus revenue estimate of $7.1 billion. What other stocks do shareholders of Ferrari own? Based on aggregate information from My MarketBeat watchlists, some companies that other Ferrari investors own include Alibaba Group (BABA), NVIDIA (NVDA), Home Depot (HD), Intel (INTC), Netflix (NFLX), Cisco Systems (CSCO), JPMorgan Chase & Co. (JPM), Bank of America (BAC), Salesforce (CRM) and Walt Disney (DIS). Who are Ferrari's major shareholders? Ferrari's stock is owned by many different institutional and retail investors. Top institutional investors include Baillie Gifford & Co. (0.00%), Vanguard Group Inc. (2.46%), Bank of New York Mellon Corp (0.00%), Price T Rowe Associates Inc. MD (0.00%), Capital Research Global Investors (0.00%) and WCM Investment Management LLC (0.00%). How do I buy shares of Ferrari? Shares of RACE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. Does Ferrari have any subsidiaries? The following companies are subsidiares of Ferrari: Ferrari (HK) Limited, Ferrari Australasia Pty Limited, Ferrari Central Europe GmbH (1), Ferrari Far East Pte Limited, Ferrari Financial Services Inc., Ferrari International Cars Trading (Shanghai) Co. L.t.d., Ferrari Japan KK, Ferrari Management Consulting (Shanghai) Co. L.t.d., Ferrari North America Inc., Ferrari S.p.A., Ferrari South West Europe S.a.r.l., G.S.A. S.A., and Mugello Circuit S.p.A..Read More This page (NYSE:RACE) was last updated on 5/18/2024 by MarketBeat.com Staff From Our PartnersThe Overlooked Retirement Asset You Probably Don’t OwnCrypto 101 MediaCEO of Biggest AI Chipmaker Just Dropped a Bombshell…Banyan Hill PublishingElon’s New Device is About to Shock the WorldInvestorPlaceMake this ONE trade on Tuesday at 2 p.m. EST!Monument Traders AllianceA once-in-a-century investment opportunityStansberry Research[URGENT] DO NOT Touch These AI Stocks!Weiss RatingsForget Bitcoin. 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