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After finishing at $407.38 in the prior trading day, Ferrari N.V (NYSE: RACE) closed at $395.72, down -2.86%. In other words, the price has decreased by -$2.86 from its previous closing price. On the day, 2.61 million shares were traded. RACE stock price reached its highest trading level at $412.98 during the session, while it also had its lowest trading level at $393.3801.
Ratios:
Our goal is to gain a better understanding of RACE by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 36.15 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 34.58. For the most recent quarter (mrq), Quick Ratio is recorded 1.63 and its Current Ratio is at 2.11. In the meantime, Its Debt-to-Equity ratio is 0.89 whereas as Long-Term Debt/Eq ratio is at 0.55.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RACE now has a Market Capitalization of 73240051712 and an Enterprise Value of 72218198016. As of this moment, Ferrari’s Price-to-Earnings (P/E) ratio for their current fiscal year is 40.84, and their Forward P/E ratio for the next fiscal year is 33.12. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.96. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.32 while its Price-to-Book (P/B) ratio in mrq is 16.96. Its current Enterprise Value per Revenue stands at 10.379 whereas that against EBITDA is 31.031.
Stock Price History:
The Beta on a monthly basis for RACE is 1.09, which has changed by -0.17425871 over the last 52 weeks, in comparison to a change of 0.118204355 over the same period for the S&P500. Over the past 52 weeks, RACE has reached a high of $519.10, while it has fallen to a 52-week low of $391.54. The 50-Day Moving Average of the stock is -15.77%, while the 200-Day Moving Average is calculated to be -14.71%.
Shares Statistics:
The stock has traded on average 480.63K shares per day over the past 3-months and 1064200 shares per day over the last 10 days, according to various share statistics. A total of 178.22M shares are outstanding, with a floating share count of 125.72M. Insiders hold about 29.45% of the company’s shares, while institutions hold 38.46% stake in the company. Shares short for RACE as of 1759190400 were 2569551 with a Short Ratio of 5.35, compared to 1756425600 on 2593698. Therefore, it implies a Short% of Shares Outstanding of 2569551 and a Short% of Float of 5026.8997.
Dividends & Splits
In the trailing 12 months, RACE’s forward annual dividend rate was 2.986, compared to 3.41 this year. Against a Trailing Annual Dividend Yield of 0.0073297657. The stock’s 5-year Average Dividend Yield is 0.6.
Earnings Estimates
. The current rating of Ferrari N.V (RACE) reflects the combined expertise of 3.0 analysts actively engaged in assessing its market performance.The consensus estimate for the next quarter is $2.22, with high estimates of $2.24 and low estimates of $2.2.
Analysts are recommending an EPS of between $9.13 and $8.82 for the fiscal current year, implying an average EPS of $8.96. EPS for the following year is $10.49, with 11.0 analysts recommending between $11.15 and $9.99.
Revenue Estimates
3 analysts predict $1.7B in revenue for. The current quarter. It ranges from a high estimate of $1.71B to a low estimate of $1.69B. As of. The current estimate, Ferrari N.V’s year-ago sales were $1.64BFor the next quarter, 3 analysts are estimating revenue of $1.83B. There is a high estimate of $1.84B for the next quarter, whereas the lowest estimate is $1.81B.
A total of 18 analysts have provided revenue estimates for RACE’s current fiscal year. The highest revenue estimate was $7.3B, while the lowest revenue estimate was $6.97B, resulting in an average revenue estimate of $7.11B. In the same quarter a year ago, actual revenue was $6.68BBased on 20 analysts’ estimates, the company’s revenue will be $7.85B in the next fiscal year. The high estimate is $8.23B and the low estimate is $7.46B.
