Consumer Cyclical -
Auto - Manufacturers - NYSE - IT
$ 435.87
0.677 %
$ 78.2 B
Market Cap
53.28
P/E
1. INTRINSIC VALUE
Balance Sheet
Ferrari N.V.
| Current Assets | 3.99 B |
| Cash & Short-Term Investments | 1.13 B |
| Receivables | 261 M |
| Other Current Assets | 2.6 B |
| Non-Current Assets | 4.07 B |
| Long-Term Investments | 67.7 M |
| PP&E | 1.18 B |
| Other Non-Current Assets | 2.81 B |
| Current Liabilities | 1.49 B |
| Accounts Payable | 931 M |
| Short-Term Debt | 0 |
| Other Current Liabilities | 556 M |
| Non-Current Liabilities | 2.7 B |
| Long-Term Debt | 1.75 B |
| Other Non-Current Liabilities | 948 M |
EFFICIENCY
Earnings Waterfall
Ferrari N.V.
| Revenue | 5.97 B |
| Cost Of Revenue | 3 B |
| Gross Profit | 2.97 B |
| Operating Expenses | 1.36 B |
| Operating Income | 1.62 B |
| Other Expenses | 360 M |
| Net Income | 1.26 B |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Ferrari N.V.
| Net Income | 1.26 B |
| Depreciation & Amortization | 662 M |
| Capital Expenditures | -869 M |
| Stock-Based Compensation | 29.9 M |
| Change in Working Capital | -358 M |
| Others | -278 M |
| Free Cash Flow | 848 M |
Wall Street Analysts Price Targets
Ferrari N.V.
Wall Street analysts predict an average 1-year price target for RACE of $462 , with forecasts ranging from
a
low of
$400 to a high of $565 .
RACE Lowest Price Target
Wall Street Target
400 USD
-8.23%
RACE Average Price Target
Wall Street Target
462 USD
6.07%
RACE Highest Price Target
Wall Street Target
565 USD
29.63%
4. DIVIDEND
ANALYSIS
0.03%
DIVIDEND YIELD
2.6 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Ferrari N.V.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|
7. News
STRT or RACE: Which Is the Better Value Stock Right Now?
Investors looking for stocks in the Automotive - Original Equipment sector might want to consider either Strattec Security (STRT) or Ferrari (RACE). But which of these two stocks presents investors with the better value opportunity right now?
zacks.com
- 3 weeks ago
This Luxury Goods Superstar Is Making a $4 Million Supercar. Is the Stock a Buy Today?
Meet Ferrari's (RACE 0.38%) newest supercar, the F80. While it might be nearly impossible to get your hands on one, considering Ferrari's notorious exclusivity with selling its vehicles, it's likely to help power the automaker's future profits.
fool.com
- 4 weeks ago
FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
Maranello (Italy), December 20, 2024 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 150 million share buyback program announced on December 5, 2024, as the sixth tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in line with the disclosure made during the 2022 Capital Markets Day (the “Sixth Tranche”), the additional common shares - reported in aggregate form, on a daily basis - on the Euronext Milan (EXM) and on the New York Stock Exchange (NYSE) as follows:
globenewswire.com
- 4 weeks ago
FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
Maranello (Italy), December 16, 2024 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 150 million share buyback program announced on December 5, 2024, as the sixth tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in line with the disclosure made during the 2022 Capital Markets Day (the “Sixth Tranche”), the following common shares - reported in aggregate form, on a daily basis - on the Euronext Milan (EXM) and on the New York Stock Exchange (NYSE) as follows:
globenewswire.com
- 1 month ago
Ferrari has Formula One in its DNA, CEO says after Cadillac supply deal
Ferrari Chief Executive Benedetto Vigna said Formula One was in the DNA of the company as earlier on Tuesday it announced it would supply engines and gearboxes to a new Cadillac Formula One team in a multi-year agreement from 2026.
reuters.com
- 1 month ago
FERRARI ENTERS A MULTI-YEAR AGREEMENT WITH ANDRETTI FORMULA RACING
Maranello (Italy), December 10, 2024 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) today announces a multi-year agreement starting from 2026 with Andretti Formula Racing LLC, regarding the supply of power unit and gearbox to the racing team led by TWG Global and General Motors, subject to Andretti Formula Racing LLC receiving written confirmation from the FIA – F1 that its entry to the 2026 FIA Formula One Championship has been accepted and approved.
globenewswire.com
- 1 month ago
STRT vs. RACE: Which Stock Is the Better Value Option?
Investors interested in Automotive - Original Equipment stocks are likely familiar with Strattec Security (STRT) and Ferrari (RACE). But which of these two companies is the best option for those looking for undervalued stocks?
zacks.com
- 1 month ago
Ferrari: Debunking Misconceptions About A Disappointing Third Quarter
Ferrari's shares declined due to misconceptions about China, unit shipments, and non-recurring operations, presenting a buying opportunity. The decline in shipments is due to an ERP transition, and the China reduction is intentional. Ferrari's unique market position, strong brand, and prudent management justify its high valuation and promise market-beating returns.
seekingalpha.com
- 1 month ago
Trump's tariff threats have rattled Europe's auto giants — but Ferrari appears remarkably unfazed
President-elect Donald Trump has vowed to impose steep tariffs on China, Canada and Mexico in one of his first acts in office, threatening to shake up the auto industry's supply chains and raising investor concerns about higher costs. The fact that Europe was not mentioned in Trump's first tariff announcement will be regarded as welcome news for European Union policymakers, although the 27-nation bloc is likely worried that it's just a matter of time before Trump turns his attention to the region's auto sector.
cnbc.com
- 1 month ago
AutoScheduler.AI Hosts Free LinkedIn Live Event with Industry Analyst Bob Ferrari
AutoScheduler.AI Free Event, “Supply Chain 2025: What to Expect (and What Not to) in a Volatile World,” Takes Place December 5, 2024, at 2:00 PM ET
globenewswire.com
- 1 month ago
1 Magnificent Stock Up Almost 700% in 9 Years: Is It a No-Brainer Buying Opportunity Right Now?
1 Magnificent Stock Up Almost 700% in 9 Years: Is It a No-Brainer Buying Opportunity Right Now?
fool.com
- 1 month ago
FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
Maranello (Italy), November 22, 2024 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 250 million share buyback program announced on June 28, 2024, as the fifth tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in line with the disclosure made during the 2022 Capital Markets Day (the “Fifth Tranche”), the additional common shares - reported in aggregate form, on a daily basis - on the New York Stock Exchange (NYSE) as follows:
globenewswire.com
- 1 month ago
8. Profile
Summary
Ferrari N.V. RACE
COUNTRY
IT
INDUSTRY
Auto - Manufacturers
MARKET CAP
$ 78.2 B
Dividend Yield
0.03%
Description
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.
Contact
Via Abetone Inferiore n. 4, Maranello, MO, 41053
https://www.ferrari.com
IPO
Date
Oct. 21, 2015
Employees
5290
Officers
Mr. Michele Antoniazzi
Chief Human Resources Officer
Mr. Carlo Daneo
General Counsel
Mr. Marco Lovati
Chief Internal Audit, Risk and Compliance Officer
Mr. Benedetto Vigna
Chief Executive Officer & Executive Director
Mr. John Jacob Philip Elkann
Executive Chairman
Mr. Antonio Picca Piccon
Chief Financial Officer
Mr. Davide Abate
Chief Technologies & Infrastructures Officer
Ms. Nicoletta Russo
Head of Investor Relations
Ms. Francesca Montini
Chief Communications Officer
Mr. Enrico Galliera
Chief Marketing & Commercial Officer