Ferrari Nv Stock Today

RACE Stock  USD 435.94  3.22  0.73%   

Performance

15 of 100

 
Low
 
High
Good

Odds Of Distress

Less than 9

 
100  
 
Zero
Low
Ferrari NV is trading at 435.94 as of the 29th of March 2024, a -0.73% down since the beginning of the trading day. The stock's lowest day price was 435.56. Ferrari NV has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Ferrari NV are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of May 2022 and ending today, the 29th of March 2024. Click here to learn more.
Business Domain
Automobiles & Components
IPO Date
21st of October 2015
Category
Consumer Cyclical
Classification
Consumer Discretionary
Ferrari N.V., through its subsidiaries, designs, engineers, produces, and sells luxury performance sports cars. Ferrari N.V. was founded in 1947 and is headquartered in Maranello, Italy. Ferrari NV operates under Auto Manufacturers classification in the United States and is traded on New York Stock Exchange. The company has 180.14 M outstanding shares of which 1.62 M shares are at this time shorted by private and institutional investors with about 5.6 trading days to cover. More on Ferrari NV

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Ferrari Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Ferrari NV's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Ferrari NV or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Ferrari NV's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Ferrari NV's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
CEOBenedetto Vigna
Business ConcentrationAutomobile Manufacturers, Automobiles & Components, Consumer Discretionary, NYSE Composite, Consumer Discretionary, Automobiles, Auto Manufacturers, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Analysts covering Ferrari NV report their recommendations after researching Ferrari NV's financial statements, talking to executives and customers, or listening in on Ferrari NV's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Ferrari NV. The Ferrari consensus assessment is calculated by taking the average forecast from all of the analysts covering Ferrari NV.
Ferrari NV's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Ferrari NV's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Ferrari NV's financial leverage. It provides some insight into what part of Ferrari NV's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Ferrari NV's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Ferrari NV deploys its capital and how much of that capital is borrowed.
Liquidity
Ferrari NV cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 2.48 B in liabilities with Debt to Equity (D/E) ratio of 1.22, which is about average as compared to similar companies. Ferrari NV has a current ratio of 2.87, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Ferrari NV until it has trouble settling it off, either with new capital or with free cash flow. So, Ferrari NV's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Ferrari NV sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ferrari to invest in growth at high rates of return. When we think about Ferrari NV's use of debt, we should always consider it together with cash and equity.

Change In Cash

(253.57 Million)
Ferrari NV (RACE) is traded on New York Stock Exchange in USA. It is located in Via Abetone Inferiore n. 4, Maranello, MO, Italy, 41053 and employs 4,988 people. Ferrari NV is listed under Automobile Manufacturers category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 78.57 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Ferrari NV's market, we take the total number of its shares issued and multiply it by Ferrari NV's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Ferrari NV conducts business under Automobiles sector and is part of Consumer Discretionary industry. The entity has 180.14 M outstanding shares of which 1.62 M shares are at this time shorted by private and institutional investors with about 5.6 trading days to cover. Ferrari NV currently holds about 1.24 B in cash with 1.72 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.77.
Check Ferrari NV Probability Of Bankruptcy
Ownership Allocation
Ferrari NV retains a total of 180.14 Million outstanding shares. Ferrari NV retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Ferrari Ownership Details

Ferrari Stock Price Odds Analysis

What are Ferrari NV's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Ferrari NV jumping above the current price in 90 days from now is about 8.48%. The Ferrari NV probability density function shows the probability of Ferrari NV stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.8871 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Ferrari NV will likely underperform. Additionally, ferrari NV has an alpha of 0.1756, implying that it can generate a 0.18 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 435.94HorizonTargetOdds Above 435.94
91.46%90 days
 435.94 
8.48%
Based on a normal probability distribution, the odds of Ferrari NV to move above the current price in 90 days from now is about 8.48 (This Ferrari NV probability density function shows the probability of Ferrari Stock to fall within a particular range of prices over 90 days) .

Ferrari Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Ferrari NV that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Ferrari NV's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Ferrari NV's value.
InstituionRecorded OnShares
Morgan Stanley - Brokerage Accounts2023-12-31
1.4 M
Capital Research Global Investors2023-12-31
1.3 M
Fmr Inc2023-12-31
1.3 M
Legal & General Group Plc2023-12-31
1.2 M
Wcm Investment Management2023-12-31
1.1 M
Blackrock Inc2023-12-31
1.1 M
Alphinity Investment Management Pty Ltd2023-12-31
924.7 K
Capital World Investors2023-12-31
716.7 K
Ako Capital Llp2023-12-31
697.6 K
Baillie Gifford & Co Limited.2023-12-31
6.8 M
Vanguard Group Inc2023-12-31
4.5 M
View Ferrari NV Diagnostics

Ferrari NV Historical Income Statement

Ferrari NV Income Statement is one of the three primary financial statements used for reporting Ferrari's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Ferrari NV revenue and expense. Ferrari NV Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Ferrari NV's Interest Income is projected to increase significantly based on the last few years of reporting. The current year's Net Interest Income is expected to grow to about 5.4 M, whereas Interest Expense is forecasted to decline to about 14.2 M. View More Fundamentals

Ferrari Stock Against Markets

Picking the right benchmark for Ferrari NV stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Ferrari NV stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Ferrari NV is critical whether you are bullish or bearish towards Ferrari NV at a given time. Please also check how Ferrari NV's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Ferrari NV without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Ferrari NV Corporate Directors

Ferrari NV corporate directors refer to members of a Ferrari NV board of directors. The board of directors generally takes responsibility for the Ferrari NV's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Ferrari NV's board members must vote for the resolution. The Ferrari NV board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Giuseppina CapaldoNon-Executive Independent DirectorProfile
Maria GriecoNon-Executive Independent DirectorProfile
Richard PalmerDirectorProfile
Lapo ElkannNon-Executive Independent DirectorProfile

How to buy Ferrari Stock?

Before investing in Ferrari NV, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Ferrari NV. To buy Ferrari NV stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Ferrari NV. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Ferrari NV stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Ferrari NV stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Ferrari NV stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Ferrari NV, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Ferrari Stock please use our How to Invest in Ferrari NV guide.

Already Invested in Ferrari NV?

The danger of trading Ferrari NV is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Ferrari NV is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Ferrari NV. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Ferrari NV is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Ferrari NV is a strong investment it is important to analyze Ferrari NV's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Ferrari NV's future performance. For an informed investment choice regarding Ferrari Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ferrari NV. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade Ferrari Stock refer to our How to Trade Ferrari Stock guide.
Note that the Ferrari NV information on this page should be used as a complementary analysis to other Ferrari NV's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

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When running Ferrari NV's price analysis, check to measure Ferrari NV's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ferrari NV is operating at the current time. Most of Ferrari NV's value examination focuses on studying past and present price action to predict the probability of Ferrari NV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ferrari NV's price. Additionally, you may evaluate how the addition of Ferrari NV to your portfolios can decrease your overall portfolio volatility.
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Is Ferrari NV's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ferrari NV. If investors know Ferrari will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ferrari NV listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.342
Dividend Share
2.443
Earnings Share
7.47
Revenue Per Share
32.944
Quarterly Revenue Growth
0.114
The market value of Ferrari NV is measured differently than its book value, which is the value of Ferrari that is recorded on the company's balance sheet. Investors also form their own opinion of Ferrari NV's value that differs from its market value or its book value, called intrinsic value, which is Ferrari NV's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ferrari NV's market value can be influenced by many factors that don't directly affect Ferrari NV's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ferrari NV's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ferrari NV is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ferrari NV's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.