Ferrari NV (RACE) - Stock Price & Dividends

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

Ferrari N.V. is a company that creates high-end sports cars enjoyed by customers worldwide. The company not only designs and engineers these luxury performance vehicles but also manufactures and sells them. Aside from their regular range of cars, they offer special series, Icona models, and supercars. For those looking for unique vehicles, Ferrari provides limited edition supercars and one-off cars, as well as track cars.

Moreover, Ferrari goes beyond just cars: they also supply racing cars, spare parts, and engines. Their services extend to after-sales, repair, maintenance, and restoration for their vehicles. Additionally, Ferrari licenses its prestigious brand for use in luxury and lifestyle products produced by various companies.

Furthermore, Ferrari is not just about creating cars. The company also manages museums in Modena and Maranello, operates the Il Cavallino restaurant in Maranello, and has theme parks in Abu Dhabi and Spain. They offer financial services such as financing and leasing to customers and dealers. Ferrari also engages in racing track management and sells a wide range of apparel and accessories through franchised and owned stores.

Established in 1947 and headquartered in Maranello, Italy, Ferrari N.V. continues to captivate enthusiasts with its unique blend of luxury, performance, and exclusivity. To explore more about Ferrari, visit their website 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 78,624m
Sector Consumer Cyclical
Industry Auto Manufacturers
GiC SubIndustry Automobile Manufacturers
TER 0.00%
IPO / Inception 2015-10-21

RACE Stock Ratings

Growth 5y 8.71
Fundamental 8.12
Dividend 7.24
Rel. Performance vs Sector 2.34
Analysts 3.93/5
Fair Price Momentum 449.41 USD
Fair Price DCF 131.61 USD

RACE Dividends

Yield 12m 0.48%
Yield on Cost 5y 1.48%
Dividends CAGR 5y 11.56%
Payout Consistency 97.8%

RACE Growth Ratios

Growth 12m 50.58%
Growth Correlation 12m 66%
Growth Correlation 3m 54%
CAGR 5y 24.99%
Sharpe Ratio 12m 1.83
Alpha vs SP500 12m 28.72
Beta vs SP500 5y weekly 0.93
ValueRay RSI 21.69
Volatility GJR Garch 1y 25.04%
Price / SMA 50 -0.68%
Price / SMA 200 18.32%
Current Volume 216.1k
Average Volume 20d 224.4k

External Links for RACE Stock

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What is the price of RACE stocks?
As of April 19, 2024, the stock is trading at USD 412.62 with a total of 216,083 shares traded.
Over the past week, the price has changed by -1.85%, over one month by -3.26%, over three months by +18.88% and over the past year by +48.11%.
What is the forecast for RACE stock price target?
According to ValueRays Forecast Model, RACE Ferrari NV will be worth about 499.3 in April 2025. The stock is currently trading at 412.62. This means that the stock has a potential upside of +21.02%.
Issuer Forecast Upside
Wallstreet Target Price 409.3 -0.79%
Analysts Target Price 336.7 -18.4%
ValueRay Target Price 499.3 21.0%

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.