Ferrari NV (RACE) - Stock Price & Dividends

Exchange: USA Stocks • Country: Italy • Currency: USD • Type: Common Stock • ISIN: NL0011585146

Luxury Sports Cars, Racing Cars, Supercars, Spare Parts, Engines

Ferrari NV is a luxury sports car manufacturer that designs, engineers, produces, and sells high-performance vehicles globally. The company's product lineup includes a range of models, special series, Icona, and supercars, as well as limited edition and one-off cars. Additionally, Ferrari offers track cars, racing cars, and spare parts, along with engines and after-sales services, including repair, maintenance, and restoration.

Beyond its core automotive business, Ferrari licenses its iconic brand to producers and retailers of luxury and lifestyle goods, allowing them to create Ferrari-branded products. The company also operates Ferrari museums in Modena and Maranello, as well as a restaurant, Il Cavallino, in Maranello. Furthermore, Ferrari has theme parks in Abu Dhabi and Spain, offering an immersive brand experience to fans and enthusiasts.

Ferrari provides a range of financial services, including direct and indirect financing and leasing options, to its retail clients and dealers. The company also manages racetracks, develops and sells apparel and accessories, and operates franchised and owned Ferrari stores. With a strong online presence, Ferrari sells its products through its website and a network of authorized dealers operating points of sale.

Founded in 1947, Ferrari is headquartered in Maranello, Italy, and has become synonymous with luxury, performance, and style. With a rich heritage and a commitment to innovation, Ferrari continues to push the boundaries of automotive excellence, while expanding its brand presence through various business ventures and partnerships. Visit Ferrari's official website at https://www.ferrari.com.

Drawdown (Underwater) Chart

Drawdown / Underwater Chart for Ferrari NV (RACE) - Stock Price & Dividends

Overall Trend and Yearly Seasonality

Drawdown / Underwater Chart for Ferrari NV (RACE) - Stock Price & Dividends

RACE Stock Overview

Market Cap in USD 74,893m
Sector Consumer Cyclical
Industry Auto Manufacturers
GiC SubIndustry Automobile Manufacturers
TER 0.00%
IPO / Inception 2015-10-21

RACE Stock Ratings

Growth 5y 82.7
Fundamental 81.8
Dividend 7.28
Rel. Performance vs Sector 2.18
Analysts 3.93/5
Fair Price Momentum 436.18 USD
Fair Price DCF 139.33 USD

RACE Dividends

Yield 12m 0.63%
Yield on Cost 5y 1.66%
Dividends CAGR 5y 11.56%
Payout Consistency 97.8%

RACE Growth Ratios

Growth 12m 35.70%
Growth Correlation 12m 60%
Growth Correlation 3m -20%
CAGR 5y 21.39%
CAGR/Mean DD 5y 2.28
Sharpe Ratio 12m 1.18
Alpha vs SP500 12m 9.49
Beta vs SP500 5y weekly 0.94
ValueRay RSI 42.79
Volatility GJR Garch 1y 24.88%
Price / SMA 50 0.02%
Price / SMA 200 12.44%
Current Volume 216.5k
Average Volume 20d 206.6k

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What is the price of RACE stocks?
As of June 22, 2024, the stock is trading at USD 414.65 with a total of 216,467 shares traded.
Over the past week, the price has changed by +1.14%, over one month by -0.89%, over three months by -3.20% and over the past year by +35.36%.
What are the forecast for RACE stock price target?
According to ValueRays Forecast Model, RACE Ferrari NV will be worth about 484.3 in June 2025. The stock is currently trading at 414.65. This means that the stock has a potential upside of +16.81%.
Issuer Forecast Upside
Wallstreet Target Price 442 6.59
Analysts Target Price 336.7 -18.8
ValueRay Target Price 484.3 16.8

Ferrari NV: A Rich Legacy Zooming into the Future

History at a Glance

Ferrari NV, since its inception, has been synonymous with unmatched performance and a symbol of luxury. Founded by Enzo Ferrari in 1939 as Auto Avio Costruzioni, the company was rebranded as Ferrari S.p.A. in 1947, when its first car, the 125 S, hit the roads. Ferrari's journey is marked by its dominance in car racing, particularly in Formula 1, where it stands as the oldest and most successful team. This rich history has not just shaped motor sports but also established Ferrari as a marque of prestige and unparalleled engineering prowess.

The Core and Its Extensions

At its core, Ferrari NV is renowned for its high-performance sports cars. These vehicles are a testament to Italian craftsmanship, combining cutting-edge technology with stunning designs. However, Ferrari's business transcends beyond car manufacturing.

Adjacent to its primary trade, Ferrari has ventured into licensing its brand, thus leveraging its strong image. This includes a broad range of merchandise, from apparel to accessories, enhancing its luxury appeal. Furthermore, Ferrari has also engaged in theme park ventures like Ferrari World in Abu Dhabi, offering an immersive brand experience. The company walks a fine line, balancing exclusivity with expansion, thereby sustaining its high-value status.

The Current Market Status

As of now, Ferrari NV stands tall in the competitive landscape of luxury cars. Traded under the ticker NYSE:RACE, Ferrari has demonstrated resilience and growth, despite the volatility in auto manufacturing sectors and global markets. The brand's commitment to innovation, especially in hybrid technology and its ventures into electric vehicles, positions it favorably for future trends. Additionally, Ferrari's strong brand value and loyal customer base serve as a bulwark against economic downturns, ensuring its performance is as robust as its vehicles.

Ferrari's journey from a distinguished racing pedigree to a symbol of luxury and innovation continues, with the company navigating the balance between its heritage and future aspirations seamlessly.