Are Ferrari insiders buying or selling stock?
In the past three months, Ferrari insiders have not sold or bought any company stock. Only 32.66% of the stock of Ferrari is held by institutions. Earnings for Ferrari are expected to grow by 8.63% in the coming year, from $4.75 to $5.16 per share.
Is Ferrari’s brand in trouble?
Highly dependent on Formula One racing and exclusivity, Ferrari risks damaging the brand on a prolonged racing title drought and hurried road car volume expansion. © 2021 Yahoo.
What are the price targets for Ferrari's stock?
10 brokers have issued 1 year price targets for Ferrari's stock. Their predictions range from $112.29 to $225.00. On average, they anticipate Ferrari's share price to reach $172.76 in the next year. This suggests a possible upside of 12.3% from the stock's current price.
What's new at Ferrari?
Listen only live webcas Ferrari (NYSE: RACE) on Monday announced a revamped management team as its new CEO prepares to lead the iconic supercar company into a new era of electrified, connected vehicles.
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Is Ferrari stock a Buy, Sell or Hold?
Ferrari stock has received a consensus rating of buy. The average rating score is and is based on 13 buy ratings, 1 hold ratings, and 1 sell ratings.
What was the 52-week low for Ferrari stock?
The low in the last 52 weeks of Ferrari stock was 179.01. According to the current price, Ferrari is 108.28% away from the 52-week low.
What was the 52-week high for Ferrari stock?
The high in the last 52 weeks of Ferrari stock was 278.57. According to the current price, Ferrari is 69.58% away from the 52-week high.
What are analysts forecasts for Ferrari stock?
The 15 analysts offering price forecasts for Ferrari have a median target of 262.07, with a high estimate of 350.00 and a low estimate of 207.00. T...
What is Ferrari N.V.?
Who won the contract to build the high speed rail?
Analyst Report: Ferrari N.V. 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.
Is Ferrari a hybrid?
The contract Italy's Webuild won to build a high-speed railway between the U.S. cities of Dallas and Houston could give a significant lift to cash generation as early as 2022, a top executive at the construction group said on Tuesday. Earlier on Tuesday Webuild said it and its U.S. unit Lane Construction had signed the final agreement for a $16 billion contract with Texas Central LCC to build the high-speed link. "We expect a boost in terms of marginality," Ferrari said when asked if the contract could help lift Webuild targets.
Could The Ferrari N.V. (NYSE:RACE) Ownership Structure Tell Us Something Useful?
MILAN (Reuters) -Ferrari unveiled a new first plug-in hybrid car on Thursday as the luxury sports car maker famed for its roaring combustion engines retools its range for an electric era. The 296 GTB is Ferrari's third hybrid to go into series production, which excludes limited-edition vehicles.
What is Ferrari stock worth in 2020?
A look at the shareholders of Ferrari N.V. ( NYSE:RACE ) can tell us which group is most powerful. Institutions often...
What is Ferrari's earnings per share for 2021?
Ferrari's stock was trading at $143.04 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, RACE shares have increased by 47.8% and is now trading at $211.35. View which stocks have been most impacted by COVID-19.
What is Ferrari's address?
Ferrari issued an update on its FY 2021 earnings guidance on Tuesday, May, 18th. The company provided earnings per share guidance of 4.824-5.065 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.990.
What is Ferrari NV?
Ferrari's mailing address is VIA ABETONE INFERIORE N. 4, MARANELLO L6, I-41053. The company can be reached via phone at 390536949111.
What is Ferrari's PEG ratio?
Ferrari NV is a holding company, which engages in the design, engineering, production, and sale of luxury sports cars. The firm's models include the F12Berlinetta, 488GTB, 488 Spider, 458 Speciale, California T, the LaFerrari Hybrid, LaFerrari, and the FF four-wheel drive. It participates in car racing such as Formula One. The company was founded by Enzo Anselmo Ferrari in 1939 and is headquartered in Maranello, Italy.
How much is Ferrari's 2021 earnings?
Ferrari has a PEG Ratio of 3.35. PEG Ratios above 1 indicate that a company could be overvalued.
Should I hold Ferrari stock?
Ferrari issued an update on its FY 2021 earnings guidance on Tuesday, November, 9th. The company provided earnings per share guidance of $5.070-$5.070 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.230. The company issued revenue guidance of $5.07 billion-$5.07 billion, compared to the consensus revenue estimate of $4.27 billion.
Where is Ferrari World?
A hold rating indicates that analysts believe investors should maintain any existing positions they have in RACE, but not buy additional shares or sell existing shares.
What is Ferrari N.V.?
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.
Where is Ferrari made?
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 hypercars; 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 race tracks, 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, 2020, it had a total of 36 retail Ferrari stores, including 18 franchised stores and 18 owned stores. The company also sells its products through a network of 168 authorized dealers operating 188 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.
What is Ferrari N.V.?
It operates primarily in Europe, the Middle East, India, Africa, Americas, Greater China and Rest of Asia-Pacific region. Ferrari N.V. is headquartered in Maranello, Italy. Stock Name. Country.
When will Ferrari hit its profit growth targets?
Ferrari N.V. is engaged in designing, manufacturing and selling sports cars. Its products include sports car models consists of 458 Italia, 488 GTB, 458 Spider, 488 Spider, F12 Berlinetta, 458 Speciale and 458 Speciale A as well as two grand tourer (GT) cars: California T and FF. The Company also produces a limited edition supercar, LaFerrari and limited series and one-off cars. It operates primarily in Europe, the Middle East, India, Africa, Americas, Greater China and Rest of Asia-Pacific region. Ferrari N.V. is headquartered in Maranello, Italy.
Where is Ferrari's home base?
Although the results were quite good, Ferrari said that the profit-growth targets it had expected to hit next year won't be hit until 2023. As of 10:45 a.m. EDT, Ferrari's shares were down about 6.8% from Monday's closing price.
Is Ferrari still on the right track?
Now what. Ferrari's home base is the city of Maranello in the region of northern Italy, which was hit especially hard by the initial outbreak of COVID-19 in Europe last year. Despite a hefty backlog of orders, Ferrari was forced to idle its two factories for several weeks.
Is Ferrari's first quarter good?
That, in turn, led it to push off its ambitious profit goals until 2023. But that said, all signs are that Ferrari's business is still on the right track, even if the profit train is running a bit behind schedule.
Will Ferrari make a profit in 2022?
Ferrari's first-quarter report was a good one. Operating profit rose 21% on strong demand for its newest V-8 sports car, while higher-end models helped push its operating margin to a very stout 26.3%, 2.7 percentage points higher than a year ago.
