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Ferrari NV RACE Stock Quote

| Rating as of

NYSE: RACE

Last close prices updated as of Feb 03, 2023, 7:00 PM EST | USD | BATS BZX Real-Time Price
  • Last Close 260.04
  • Sector Consumer Cyclical
  • Industry Auto Manufacturers
  • Investment Style Large Growth
  • Day Range 259.70  –  264.00
  • Year Range 167.45  –  256.46
  • Market Cap 47.4357 Bil
  • Volume / Avg 776,288.0 /  299,407.0
  • Price / Sales 8.93
  • Price / Book 18.11
  • Forward Div Yield 0.55%
  • Trailing Div Yield 0.52%

Morningstar‘s Stock Analysis RACE

Valuation
Currency in
Is it the right time to buy or sell?
Is it the right time to buy or sell?

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

Ferrari Q4 Results Set Another Record, Initiates 2023 Guidance; FVE Raised to EUR 177

Richard Hilgert Senior Equity Analyst

Analyst Note

| Richard Hilgert |

Wide-moat-rated Ferrari reported record fourth-quarter diluted earnings per share of EUR 1.21, EUR 0.05 better than a year ago but EUR 0.09 shy of the EUR 1.30 FactSet sell-side consensus. Record fourth-quarter revenue of EUR 1.368 billion (also beat consensus by 5%) was 17% higher than last year as cars and spare parts increased 23% but sponsorship revenue decreased 15%. Increased revenue was due to higher volume and favorable currency, partially offset by an 18% decline in engine revenue on reduced shipments to Maserati, whose supply agreement ends in 2023. Excluding favorable currency translation, organic revenue was up 12% compared with the year-ago period.

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Key Statistics RACE

Company Profile RACE

Business Description

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.

Contact
Via Abetone Inferiore n. 4
Maranello, I-41053, ITA
Industry Auto Manufacturers
Employees 4,636

FAQs for Ferrari NV Stock

No. RACE does not currently have a forward dividend yield.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

RACE’s market cap is 47.44 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

RACE’s stock style is Large Growth.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

RACE’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare RACE’s historical performance against its industry peers and the overall market.