RACE Stock Overview
Through its subsidiaries, engages in design, engineering, production, and sale of luxury performance sports cars worldwide.
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 2/6 |
| Past Performance | 6/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
No risks detected for RACE from our risk checks.
Narratives
BetaNarratives bring a range of perspectives from our community.
Warren
Based on Analyst Price Targets
Price at publication US$410.40
View narrative
Updated
Ferrari N.V. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$414.36 |
| 52 Week High | US$442.80 |
| 52 Week Low | US$285.02 |
| Beta | 1.01 |
| 1 Month Change | -1.88% |
| 3 Month Change | -4.56% |
| 1 Year Change | 35.34% |
| 3 Year Change | 105.65% |
| 5 Year Change | 159.40% |
| Change since IPO | 653.38% |
Recent News & Updates
We Ran A Stock Scan For Earnings Growth And Ferrari (NYSE:RACE) Passed With Ease
Jun 14
Ferrari: I'm Waiting For A Better Valuation (Downgrade)
May 31Should You Investigate Ferrari N.V. (NYSE:RACE) At US$417?
May 21Ferrari N.V. (NYSE:RACE) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year
May 09Recent updates
We Ran A Stock Scan For Earnings Growth And Ferrari (NYSE:RACE) Passed With Ease
Jun 14Ferrari: I'm Waiting For A Better Valuation (Downgrade)
May 31Should You Investigate Ferrari N.V. (NYSE:RACE) At US$417?
May 21Ferrari N.V. (NYSE:RACE) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year
May 09Ferrari: 98% Of Employees Chose To Be Shareholders, You Should Too
May 07Earnings Not Telling The Story For Ferrari N.V. (NYSE:RACE)
Apr 25Ensemble Capital - Ferrari: This Stock Has Been On A Tear
Apr 20Shareholders Would Enjoy A Repeat Of Ferrari's (NYSE:RACE) Recent Growth In Returns
Apr 13Ferrari: Valuation Isn't Attractive (Rating Downgrade)
Mar 30Ferrari: Why It Remains An Attractive Investment For The 2020s
Mar 08Ferrari (NYSE:RACE) Has A Rock Solid Balance Sheet
Mar 08Ferrari Q4: Blockbuster Dividend And 5-Year Profit High
Feb 26Here's Why Ferrari (NYSE:RACE) Has Caught The Eye Of Investors
Feb 23Ferrari: Digesting A Lewis Hamilton Bombshell And Another Earnings Beat
Feb 02There's Reason For Concern Over Ferrari N.V.'s (NYSE:RACE) Price
Jan 17Ferrari (NYSE:RACE) Is Reinvesting To Multiply In Value
Jan 05Ferrari: Outperformance Expected In 2024
Jan 04Is It Too Late To Consider Buying Ferrari N.V. (NYSE:RACE)?
Dec 24Ferrari: A Watchlist Candidate Now That A Double Top Has Formed
Dec 19Ferrari (NYSE:RACE) Could Easily Take On More Debt
Nov 26Ferrari's Profit Mastery Unveiled: The Path To Unprecedented Growth
Nov 26Ferrari: Some Companies Deserve A 40x Multiple, But Beware Of Q4
Nov 08Ferrari Shifts Into High Gear, Accelerating Toward Increased Revenue
Oct 25Here's Why Ferrari (NYSE:RACE) Has Caught The Eye Of Investors
Oct 15To Own Ferrari, You Need Patience
Oct 02Capital Investment Trends At Ferrari (NYSE:RACE) Look Strong
Oct 01Ferrari: Great Business But A Hold At Current Valuations
Sep 20Why Ferrari N.V. (NYSE:RACE) Could Be Worth Watching
Sep 16Is Ferrari (NYSE:RACE) A Risky Investment?
Aug 27Ferrari: Lower Shipments, Higher Profits, Just Like Prescribed
Aug 18Ferrari Is A 'Thoroughbred' Compounder: Q2 Earnings Review
Aug 04Ferrari's Premium Valuation Explained
Jul 19Here's Why We Think Ferrari (NYSE:RACE) Is Well Worth Watching
Jul 16Ferrari: Outlook Appears To Be Conservative
Jul 13Returns On Capital At Ferrari (NYSE:RACE) Have Hit The Brakes
Jul 02Should You Think About Buying Ferrari N.V. (NYSE:RACE) Now?
Jun 18Ferrari: Luxury Upside Still To Price In
Jun 08Ferrari (NYSE:RACE) Has A Pretty Healthy Balance Sheet
May 21Is Now The Time To Put Ferrari (NYSE:RACE) On Your Watchlist?
Apr 10Ferrari (NYSE:RACE) Is Reinvesting To Multiply In Value
Mar 29Is Ferrari N.V. (NYSE:RACE) Potentially Undervalued?
Feb 21Ferrari Is A Cornerstone Of My Portfolio: Here Is Why
Feb 17These 4 Measures Indicate That Ferrari (NYSE:RACE) Is Using Debt Reasonably Well
Feb 09Ferrari Non-GAAP EPS of €1.21 beats by €0.05, revenue of €1.39B beats by €110M
Feb 02Ferrari Stock Is Expensive Currently
Jan 14Do Ferrari's (NYSE:RACE) Earnings Warrant Your Attention?
Jan 02Ferrari (NYSE:RACE) Could Be Struggling To Allocate Capital
Dec 21Ferrari extends partnership with EssilorLuxottica
Dec 15Is There Now An Opportunity In Ferrari N.V. (NYSE:RACE)?
Nov 17These 4 Measures Indicate That Ferrari (NYSE:RACE) Is Using Debt Reasonably Well
Nov 04Ferrari Non-GAAP EPS of €1.23 beats by €0.07, revenue of €1.25B beats by €50M
Nov 02Ferrari: What To Expect From Purosangue Sales
Sep 29If EPS Growth Is Important To You, Ferrari (NYSE:RACE) Presents An Opportunity
Sep 26Ferrari: Strong Fundamentals But Expensive
Sep 12There Are Reasons To Feel Uneasy About Ferrari's (NYSE:RACE) Returns On Capital
Sep 02Ferrari: All In Line
Aug 29What Is Ferrari N.V.'s (NYSE:RACE) Share Price Doing?
Aug 08Ferrari Non-GAAP EPS of €1.36 beats by €0.16, revenue of €1.29B beats by €70M
Aug 02These 4 Measures Indicate That Ferrari (NYSE:RACE) Is Using Debt Reasonably Well
Jul 27Ferrari: Stock Is As Expensive As The Car
Jul 26Ferrari to commence a €150M first tranche of the new multi-year share buyback program of ~€2B
Jun 30Should You Be Adding Ferrari (NYSE:RACE) To Your Watchlist Today?
Jun 21Ferrari: Positive News From Its CMD
Jun 16Ferrari (NYSE:RACE) Has Some Way To Go To Become A Multi-Bagger
May 28Should You Investigate Ferrari N.V. (NYSE:RACE) At US$214?
May 04Ferrari: Literally Firing On All Cylinders
May 03Shareholder Returns
| RACE | US Auto | US Market | |
|---|---|---|---|
| 7D | 0.8% | 5.2% | 1.6% |
| 1Y | 35.3% | -27.4% | 22.3% |
Return vs Industry: RACE exceeded the US Auto industry which returned -27.4% over the past year.
Return vs Market: RACE exceeded the US Market which returned 22.3% over the past year.
Price Volatility
| RACE volatility | |
|---|---|
| RACE Average Weekly Movement | 3.5% |
| Auto Industry Average Movement | 10.3% |
| Market Average Movement | 5.7% |
| 10% most volatile stocks in US Market | 15.5% |
| 10% least volatile stocks in US Market | 2.8% |
Stable Share Price: RACE has not had significant price volatility in the past 3 months.
Volatility Over Time: RACE's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1947 | 5,204 | Benedetto Vigna | www.ferrari.com |
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.
Ferrari N.V. Fundamentals Summary
| RACE fundamental statistics | |
|---|---|
| Market cap | US$74.80b |
| Earnings (TTM) | US$1.40b |
| Revenue (TTM) | US$6.58b |
53.0x
P/E Ratio11.3x
P/S RatioIs RACE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| RACE income statement (TTM) | |
|---|---|
| Revenue | €6.13b |
| Cost of Revenue | €3.07b |
| Gross Profit | €3.06b |
| Other Expenses | €1.75b |
| Earnings | €1.31b |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
Aug 01, 2024
| Earnings per share (EPS) | 7.27 |
| Gross Margin | 49.94% |
| Net Profit Margin | 21.35% |
| Debt/Equity Ratio | 76.4% |
How did RACE perform over the long term?
See historical performance and comparison