Ferrari N.V.

RACE-N

NYSE:RACE

173.12
1.03 (0.59%)
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
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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