MARKET COMPOSITE
RACE - Ferrari N.V.8:00:02 PM 4/26/2024
Price
$422.46
+ 10.25 (2.49%)
Ferrari N.V., through with its subsidiaries, designs, engineers, produces, and sells luxury performance sports cars. The company offers sports, GT, and special series cars; limited edition hypercars; Fuori series, one-off, and track cars; and Icona cars. It also provides non-registered racing cars; and spare parts and engines, as well as after sales, repair, maintenance, and restoration services for cars. In addition, the company licenses its Ferrari brand to various producers and retailers of luxury and lifestyle goods; and Ferrari World, a theme park in Abu Dhabi, the United Arab Emirates. Further, it provides direct or indirect finance and leasing services to retail clients and dealers; manages race tracks, as well as owns and manages two museums in Maranello and Modena, Italy; and develops and sells a line of apparel and accessories through its monobrand stores. As of December 31, 2019, it had a total of 44 retail Ferrari stores, including 24 franchised stores and 20 owned stores. The company also sells its products through a network of 166 authorized dealers operating 187 points of sale worldwide, as well as through its Website, store.ferrari.com. Ferrari N.V. was founded in 1947 and is headquartered in Maranello, Italy.
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Stock news

    MOD vs. RACE: Which Stock Is the Better Value Option?

    Ferrari has signed a multi-year partnership with HP, making the world's second-largest PC vendor the new so-called title sponsor of Ferrari's motor racing team, including for Formula One, the two companies said on Wednesday. Based on the agreement, for which no financial details were provided, the HP logo will make its debut on Ferrari's Formula One cars ahead of the Miami Grand Prix on May 3-5, when the team will start competing as Scuderia Ferrari HP, the companies said in a joint statement.

    Ford believes its Pro commercial business will provide an earnings boost thanks to the power of connectivity, data, and software.

    Porsche AG's ability to close a hefty valuation discount to top rival Ferrari could hinge on whether its main owner, Volkswagen, is prepared to take a step back, giving the German sports car maker more freedom to cut costs and shape its future. The maker of the iconic 911 has started the seventh quarter since its listing with a discount to Ferrari on a price-to-earnings (PE) basis just off a record 69%, disappointing hopes it could command a luxury-like valuation. 2024 is shaping up to be a tr...

    Maranello (Italy), April 22, 2024 - Ferrari N.V. (“Ferrari”) (NYSE/EXM: RACE) announced today that its financial results for the first quarter of 2024 will be released on Tuesday, May 7, 2024. A live audio webcast and conference call of the 2024 Q1 results will begin at 2:00 p.m. BST / 3:00 p.m. CEST / 9:00 a.m. EDT on Tuesday, May 7. Details for accessing this presentation will be available in the Investors section of Ferrari’s corporate website at https://www.ferrari.com/en-EN/corporate prior

    Ferrari (RACE) has received a price target boost from Evercore ISI with analysts raising their target to $465 from $430. The Evercore ISI team foresees growth opportunities for the luxury automaker and cites Ferrari's relatively lower exposure in markets such as China as a favorable factor. Yahoo Finance's Seana Smith and Madison Mills break down the details. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance. This post was written by Ang...

    “When you change the culture of a company, it’s never a revolution. It’s an evolution,” CEO Benedetto Vigna said.

    Maranello (Italy), April 22 2024 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 350 million share buyback program announced on November 7, 2023, as the fourth tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in line with the disclosure made during the 2022 Capital Markets Day (the “Fourth Tranche”), the additional common shares - reported in aggregate form, on a dai

    “I’ve always been one of the guys and this translates into my style and sense of aesthetic,” she said.

    A tech executive with a new management strategy took the wheel of the luxury carmaker. Then it was off to the races.