Ferrari N.V.

RACE-N

NYSE:RACE

176.87
0.96 (0.55%)
Scuderia Ferrari S.p.A. competing as Scuderia Ferrari is the official name of the racing division of luxury Italian auto manufacturer, Ferrari, and the racing team that competes in Formula One racing.
More at Wikipedia

Analysis and Opinions about RACE-N

Signal
Opinion
Expert
TOP PICK
TOP PICK
June 15, 2020
This is a durable business that will stand the test of time. It is a luxury goods company. You are buying a service and a lifestyle. They are adding a luxury SUV line. They are going to double their earnings over the next 5 years by adding more brands and an electric vehicle. (Analysts’ price target is $169.36)
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Ferrari N.V. (RACE-N)
June 15, 2020
This is a durable business that will stand the test of time. It is a luxury goods company. You are buying a service and a lifestyle. They are adding a luxury SUV line. They are going to double their earnings over the next 5 years by adding more brands and an electric vehicle. (Analysts’ price target is $169.36)
PAST TOP PICK
PAST TOP PICK
April 1, 2019
(A Top Pick Apr 23/18, Up 11%) Great pricing power in their cars. They boast a three-year waiting list. The gross margins are 80% when you personalize/customize your car, not to mention repairs. The company is adding more vehicles like SUV's and just raised their dividend by 45%. He will buy a lot more of this on dips.
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Ferrari N.V. (RACE-N)
April 1, 2019
(A Top Pick Apr 23/18, Up 11%) Great pricing power in their cars. They boast a three-year waiting list. The gross margins are 80% when you personalize/customize your car, not to mention repairs. The company is adding more vehicles like SUV's and just raised their dividend by 45%. He will buy a lot more of this on dips.
TOP PICK
TOP PICK
April 23, 2018

He was late to this. They sell 9,000 cars a year and are expected to rise to 15,000. They're also developing e-cars and hybrids. They can increase prices and margins each year, and add anccillary services, like theme parks. An expensive PE but they should double earnings. Little debt, lots ot cash flow. He'd pay a higher valuation in a stock if he sees growth, like Ferrari. (Analysts' price target $130.41)

Show full opinionHide full opinion
Ferrari N.V. (RACE-N)
April 23, 2018

He was late to this. They sell 9,000 cars a year and are expected to rise to 15,000. They're also developing e-cars and hybrids. They can increase prices and margins each year, and add anccillary services, like theme parks. An expensive PE but they should double earnings. Little debt, lots ot cash flow. He'd pay a higher valuation in a stock if he sees growth, like Ferrari. (Analysts' price target $130.41)

COMMENT
COMMENT
June 9, 2017

This is in the right demographic in that the rich 1% of the population is growing and growing. This company caters to that rich 1%. This is a niche product in a niche market.

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This is in the right demographic in that the rich 1% of the population is growing and growing. This company caters to that rich 1%. This is a niche product in a niche market.

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Ferrari N.V.(RACE-N) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Ferrari N.V. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Ferrari N.V.(RACE-N) Frequently Asked Questions

What is Ferrari N.V. stock symbol?

Ferrari N.V. is a American stock, trading under the symbol RACE-N on the New York Stock Exchange (RACE). It is usually referred to as NYSE:RACE or RACE-N

Is Ferrari N.V. a buy or a sell?

In the last year, there was no coverage of Ferrari N.V. published on Stockchase.

Is Ferrari N.V. a good investment or a top pick?

Ferrari N.V. was recommended as a Top Pick by Barry Schwartz on 2020-06-15. Read the latest stock experts ratings for Ferrari N.V..

Why is Ferrari N.V. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Ferrari N.V. worth watching?

0 stock analysts on Stockchase covered Ferrari N.V. In the last year. It is a trending stock that is worth watching.

What is Ferrari N.V. stock price?

On 2020-07-09, Ferrari N.V. (RACE-N) stock closed at a price of $176.87.