You can’t blindly buy the stock in the belief it always rises, but if you see a trend higher that’s certainly a good time to contemplate a long position. Another strategy for trading Ferrari is to wait for the pullbacks that come, and trade as the stock bounces and begins to head higher. Ferrari is not a car for the masses, and while you might never own or drive one of their cars, you can still own some Ferrari stock.
Volatility profiles based on trailing-three-year calculations of the standard deviation of service investment returns. Another massive differentiator for the ultra-luxury automaker is its margins, which simply defy the traditional automotive industry. Simply put, more of each dollar that its high-priced vehicles bring in goes to the bottom line. Even in the face of economic uncertainty, rising interest rates, http://dotbig.com/markets/stocks/RACE/ and industry chip shortages, Ferrari turned in a fantastic third quarter, with revenue, EBITDA, and EBIT growing double digits compared to the prior year. As the Fed aggressively increases interest rates to battle rising inflation, and as economic uncertainties mount, many investors are browsing the markets for recession-proof stocks. And, done, you are officially investing in the company’s shares.
Racing to a brighter future
Based on earnings estimates, Ferrari will have a dividend payout ratio of 25.04% next year. This indicates that Ferrari will be able to sustain or increase its dividend. Ferrari has a short interest ratio ("days to cover") of 5.9. Ferrari has only been the subject of 2 research reports in the past 90 days. According to analysts‘ consensus price target of $228.89, Ferrari has a forecasted upside of 6.3% from its current price of $215.24. See a full breakdown of risk according to category and subcategory.
Currently 33.798% of Ferrari shares are held by insiders and 43.61% by institutions. The latest dividend RACE stock forecast was paid out to all shareholders who bought their shares by 18 April 2022 (the "ex-dividend date").
Whittier Trust Co. of Nevada Inc. increased its position in Ferrari by 238.6% in the 2nd quarter. Whittier Trust Co. of Nevada Inc. now owns 281 shares of the company’s stock valued at $52,000 after acquiring an additional 198 shares https://dotbig.com/ during the period. Prospera Financial Services Inc bought a new stake in shares of Ferrari in the 1st quarter valued at $59,000. Standard Family Office LLC bought a new stake in shares of Ferrari in the 1st quarter valued at $59,000.
TipRanks is a comprehensive investing tool that allows private investors and day traders to see the measured performance of anyone who provides financial advice. Capital Markets – risks related to exchange rates and trade, cryptocurrency. Costs – risks related to costs of production including commodity prices, future contracts, inventory. Environmental / Social – risks related to environmental regulation and to data privacy. Litigation and Legal Liabilities – risks related to litigation/ lawsuits against the company.
How to Trade Ferrari Stock
This could happen if a company underperforms and investors take legal action as a result. Ferrari disclosed 58 risk factors in its most recent earnings report.
- EBITDA margin stood at 34.8%, down from 35.2% versus the previous year .
- Technology – risks related to the company’s reliance on technology.
- The P/E ratio of Ferrari is 39.35, which means that it is trading at a more expensive P/E ratio than the Auto/Tires/Trucks sector average P/E ratio of about 21.33.
- The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 1st 2023.
- Ferrari has no evidence of a breach of its systems or ransomware, the luxury sports car maker said in a statement on Monday, adding that there had been no disruption to its business and operations.
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 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 environmental score of 11.14 puts it DotBig 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. Ultimately, if investors are wise and purchase stock in companies that have durable competitive advantages, the stock’s price is less important. Ferrari has competitive advantages that traditional automakers simply can’t replicate anytime soon.
Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision. 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. Trade stocks and ETFs commission-free, plus gain access to alternative investments like art, NFTs and more.
Ferrari has no evidence of a breach of its systems or ransomware, the luxury sports car maker said in a statement on Monday, adding that there had been no disruption to its business and operations. Ferrari DotBig issued an update on its FY 2022 earnings guidance on Wednesday, November, 9th. The company provided EPS guidance of $5.04-$5.04 for the period, compared to the consensus EPS estimate of $4.85.
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Online Brokers allow investing in Stocks straightforwardly through optimized apps that grant easy and fast access to financial markets. Review your performance and calibrate the strategy as needed. When investing, especially while you are starting, you will make mistakes. https://dotbig.com/ Learn from them, improve and twitch your strategy as needed. Ferrari investors couldn’t have been surprised by news it unveiled its long-awaited first SUV, but the shares nevertheless notched a solid gain. There must have been raised green eyebrows though with ta…
It is worth noting that smaller companies, that is those with a public float of under $75 million on the last business day, do not have to include risk factors in their 10-K and 10-Q forms, although some may choose to do so. They also offer companies protection, as a company can use risk factors as liability protection.