Ferrari Nv Stock Today

RACE Stock  USD 434.16  2.59  0.60%   

Performance

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Odds Of Distress

Less than 6

 
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Ferrari NV is trading at 434.16 as of the 30th of November 2024, a 0.60 percent up since the beginning of the trading day. The stock's lowest day price was 430.36. Ferrari NV has only a 6 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Note, on February 14, 2024, Senator Tommy Tuberville of US Senate acquired under $15k worth of Ferrari NV's common stock.
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 179.16 M outstanding shares of which 1.45 M shares are at this time shorted by private and institutional investors with about 4.2 trading days to cover. More on Ferrari NV

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Ferrari Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOBenedetto Vigna
Thematic IdeaCars (View all Themes)
Business ConcentrationAutomobile Manufacturers, Automobiles & Components, Consumer Discretionary, NYSE Composite, Cars, Consumer Discretionary, Automobiles, Auto Manufacturers, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.0880.1555
Way Down
Slightly volatile
Asset Turnover0.750.7415
Fairly Up
Slightly volatile
Gross Profit Margin0.390.4982
Significantly Down
Pretty Stable
Net Debt1.3 B1.4 B
Sufficiently Down
Slightly volatile
Total Current Liabilities1.1 B1.5 B
Way Down
Pretty Stable
Non Current Liabilities Total2.9 B2.7 B
Significantly Up
Slightly volatile
Total AssetsB8.1 B
Way Down
Slightly volatile
Total Current Assets3.1 BB
Way Down
Slightly volatile
Total Cash From Operating ActivitiesB1.7 B
Way Down
Slightly volatile
Debt Levels
Ferrari NV can leverage 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.
Liquidity
Ferrari NV 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. Note, when we think about Ferrari NV's use of debt, we should always consider it together with its 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 5,290 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 77.32 B. Ferrari NV conducts business under Automobiles sector and is part of Consumer Discretionary industry. The entity has 179.16 M outstanding shares of which 1.45 M shares are at this time shorted by private and institutional investors with about 4.2 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 holds a total of 179.16 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. On February 14, 2024, Senator Tommy Tuberville of US Senate acquired under $15k worth of Ferrari NV's common stock.
Check Ferrari Ownership Details

Ferrari Stock Institutional Holders

InstituionRecorded OnShares
Blackrock Inc2024-06-30
1.5 M
Goldman Sachs Group Inc2024-06-30
1.3 M
Legal & General Group Plc2024-06-30
1.3 M
International Assets Investment Management, Llc2024-09-30
1.2 M
Capital Research Global Investors2024-09-30
1.1 M
Capital Research & Mgmt Co - Division 32024-09-30
1.1 M
T. Rowe Price Associates, Inc.2024-06-30
1.1 M
Fmr Inc2024-09-30
M
Capital World Investors2024-09-30
970.8 K
Baillie Gifford & Co Limited.2024-09-30
5.9 M
Vanguard Group Inc2024-09-30
4.6 M
View Ferrari NV Diagnostics

Ferrari NV Historical Income Statement

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

Ferrari NV Corporate Directors

Maria GriecoNon-Executive Independent DirectorProfile
Adam KeswickNon-Executive Independent DirectorProfile
Sergio DucaSenior Non-Executive Independent DirectorProfile
Delphine ArnaultNon-Executive Independent DirectorProfile
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 closely tied 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.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Is Automobile Manufacturers space 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
0.143
Dividend Share
2.443
Earnings Share
8.33
Revenue Per Share
35.896
Quarterly Revenue Growth
0.065
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.