Ferrari N V Race Stock Price Today, Quote & News

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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 hyper DotBig cars; 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.

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The company provided earnings per share guidance of $5.12-$5.22 for the period. The company issued revenue guidance of $5.22 billion-$5.22 billion, compared to the consensus revenue estimate of $4.80 billion. According to analysts’ consensus price target of $237.00, https://dotbig.com/ Ferrari has a forecasted upside of 20.4% from its current price of $196.90. The technique has proven to be very useful for finding positive surprises. The luxury automaker’s stock will probably trade at rich levels akin to the rich heritage of the company.

Ferrari Purosangue Suv Revealed

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more. Ferrari declared an annual dividend on Thursday, April 14th.

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You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst RACE stock forecast opinion/rating/report or any approach to evaluating indiv idual securities. The most expensive U.S. stocks we cover aren’t necessarily bad investments, but they feel a little rich today. Volatility profiles based on trailing-three-year calculations of the standard deviation of service investment returns.

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Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services. Other market data may be delayed by 15 minutes or more. High-end luxury brands are reporting strong sales even as retailers catering to more mainstream customers cite a pullback in consumer spending. Ferrari unveiled on Tuesday its first SUV, the 390,000 euro ($397,000), 12-cylinder Purosangue, aimed at super-rich drivers https://www.fxteam.ru/forex/fxteam-news/ still not ready to go all-electric. Despite its size and weight, Ferrari CEO Benedetto Vigna prefers to describe the four-door, four-seat Purosangue, which has a top speed of over 190 mph, as a versatile sports car, rather than an SUV. Ferrari has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

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Keep in mind, that other fees such as regulatory fees, Premium subscription fees, wire transfer fees, and paper statement fees may apply to your brokerage account. Please see Open to the Public Investing’s Fee Schedule to learn more. The Italian sportscar legend unveiled the Purosangue, the company’s first ever four-door, DotBig four-seat crossover-sized model which comes equipped with a V-12 engine capable of producing about 800 horsepower. The Purosangue will rocket the kids in the back from zero to 60 mph in about 3 seconds. With a price/sales ratio of 10.19, FERRARI NV has a higher such ratio than 87.67% of stocks in our set.

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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, http://dotbig.com/markets/stocks/RACE/ 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.

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As of December 31, 2021, it had a total of 30 retail Ferrari stores, including 14 franchised stores and 16 owned stores. The company also sells its products through a network of 172 authorized dealers operating 191 points of sale worldwide, as well as through its website, store.ferrari.com. Was founded in 1947 and is headquartered in Maranello, Italy. Because of its exclusive clientele of high-net-worth individuals, we believe the company will show resiliency during periods of economic uncertainty; such was the case with the coronavirus pandemic in 2020. 14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ferrari in the last twelve months.

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A look at the automakers and suppliers that are best positioned to benefit from the industry’s recovery. Ferrari’s new Purosangue is an SUV-like sports http://dotbig.com/markets/stocks/RACE/ model, with four doors and a powerful V-12 egnine. © 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions.

Investors of record on Wednesday, April 20th will be given a dividend of $1.362 per share on Friday, May 6th. The ex-dividend date of this dividend https://ru.forexnews.pro/ is Tuesday, April 19th. The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 1st 2022.

Receive full access to our market insights, commentary, newsletters, breaking news alerts, and more. The Zacks Industry Rank assigns a rating to each of the 265 X Industries based on their average Zacks Rank. As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. The scores are based on the trading styles of Value, Growth, and Momentum. There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank.

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