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How to buy Ferrari (RACE) stocks
Learn how to easily invest in Ferrari stocks.
Ferrari is an auto manufacturers business based in the US. Ferrari stocks (RACE.US) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $298.24 – a decrease of 0.27% over the previous week. Ferrari employs 4,961 staff and has a trailing 12-month revenue of around $5.3 billion.
How to buy Ferrari stock
- Choose a stock trading platform. Use our comparison table or choose from our Top Picks below.
- Open an account. Provide your personal information and sign up.
- Fund your account. Deposit funds unto your account by linking your banking information or transfer funds from another trading account.
- Search for the stock name – RACE. Search for the stock by name or ticker symbol.
- Buy the stock. Place your order. It's that simple.
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What's in this guide?
- Can I buy shares in Ferrari?
- Has coronavirus impacted Ferrari shares?
- Ferrari shares summary
- Compare share dealing platforms
- Is Ferrari stock a buy or sell?
- Ferrari performance over time
- Is Ferrari suitable for ethical investing?
- Are Ferrari shares over-valued?
- Ferrari's financials
- How volatile are Ferrari shares?
- Does Ferrari pay a dividend?
- Other common questions
Ferrari stock price (NYSE:RACE)Use our graph to track the performance of RACE stocks over time.
Ferrari shares at a glance
|Latest market close||$297.80|
|52-week range||$166.25 - $302.86|
|50-day moving average||$285.45|
|200-day moving average||$238.99|
|Wall St. target price||$317.32|
|Dividend yield||$1.81 (0.68%)|
|Earnings per share (TTM)||$5.88|
Buy Ferrari stocks from these online trading platformsCompare special offers, low fees and a wide range of investment options among top trading platforms.
Note: The dollar amounts in the table below are in Canadian dollars.
Is it a good time to buy Ferrari stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Ferrari price performance over time
Historical closes compared with the close of $297.8 from 2023-06-09
|1 week (2023-06-02)||-0.27%|
|1 month (2023-05-11)||1.43%|
|3 months (2023-03-10)||14.00%|
|6 months (2022-12-09)||34.92%|
|1 year (2022-06-10)||63.79%|
|2 years (2021-06-11)||40.93%|
|3 years (2020-06-11)||80.17%|
|5 years (2018-06-11)||114.12%|
Is Ferrari stock undervalued or overvalued?
Valuing Ferrari stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Ferrari's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Ferrari's P/E ratio
Ferrari's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 51x. In other words, Ferrari shares trade at around 51x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Ferrari's PEG ratio
Ferrari's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.9947. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Ferrari's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Ferrari's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $1.6 billion.
The EBITDA is a measure of a Ferrari's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||$5.3 billion|
|Operating margin TTM||24.34%|
|Gross profit TTM||$2.4 billion|
|Return on assets TTM||10.6%|
|Return on equity TTM||38.75%|
|Market capitalisation||$54 billion|
TTM: trailing 12 months
Ferrari's environmental, social and governance track record
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Ferrari.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Ferrari's total ESG risk score
Total ESG risk: 28.79
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Ferrari's overall score of 28.79 (as at 12/31/2018) is nothing to write home about – landing it in it in the 49th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Ferrari is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Ferrari's environmental score
Environmental score: 11.14/100
Ferrari's environmental score of 11.14 puts it squarely in the 7th percentile of companies rated in the same sector. This could suggest that Ferrari is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Ferrari's social score
Social score: 17.33/100
Ferrari's social score of 17.33 puts it squarely in the 7th percentile of companies rated in the same sector. This could suggest that Ferrari is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Ferrari's governance score
Governance score: 14.32/100
Ferrari's governance score puts it squarely in the 7th percentile of companies rated in the same sector. That could suggest that Ferrari is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
Ferrari's controversy score
Controversy score: 2/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. Ferrari scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that Ferrari has, for the most part, managed to keep its nose clean.
Ferrari share dividends
Dividend payout ratio: 36.82% of net profits
Recently Ferrari has paid out, on average, around 36.82% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.68% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Ferrari shareholders could enjoy a 0.68% return on their shares, in the form of dividend payments. In Ferrari's case, that would currently equate to about $1.81 per share.
While Ferrari's payout ratio might seem fairly standard, it's worth remembering that Ferrari may be investing much of the rest of its net profits in future growth.
Ferrari's most recent dividend payout was on 4 May 2023. The latest dividend was paid out to all shareholders who bought their shares by 23 April 2023 (the "ex-dividend date").
Ferrari share price volatility
Over the last 12 months, Ferrari's shares have ranged in value from as little as $166.248 up to $302.855. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Ferrari's is 0.9905. This would suggest that Ferrari's shares are less volatile than average (for this exchange).
Ferrari N. V. , through its subsidiaries, engages in design, engineering, production, and sale of luxury performance sports cars worldwide. The company offers range, special series, Icona, and supercars; limited edition supercars and one-off cars; and track cars. It also provides racing cars, and spare parts and engines, as well as after sales, repair, maintenance, and restoration services for cars; and licenses its Ferrari brand to various producers and retailers of luxury and lifestyle goods. In addition, the company operates Ferrari museums in Modena and Maranello; Il Cavallino restaurant in Maranello; and theme parks in Abu Dhabi and Spain. Further, it provides direct or indirect finance and leasing services to retail clients and dealers; manages racetracks; develops and sells a range of apparel and accessories; and operates franchised and owned Ferrari stores.
Stocks similar to Ferrari
Frequently asked questions
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.
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