Previous close | 196.99 |
Open | 191.20 |
Bid | N/A x N/A |
Ask | N/A x N/A |
Day's range | 196.30 - 196.60 |
52-week range | 196.30 - 196.60 |
Volume | |
Avg. volume | N/A |
Market cap | N/A |
Beta (5Y monthly) | 0.99 |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
Maranello (Italy), May 29 2023 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 200 million share buyback program announced on December 1, 2022, as the second 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 “Second Tranche”), the additional common shares - reported in aggregate form, on a daily
Yahoo Finance’s Pras Subramanian joins the Live show to discuss key takeaways from Ferrari’s Q1 earnings call and CEO Benedetto Vigna’s remarks on the Italian luxury sports car manufacturer’s Purosangue SUV.
Italian automaker Ferrari reported a strong start to the year, as first quarter earnings highlighted the continued strength of its core, luxury clientele.
FERRARI: STRONG RESULTS, WITH DEMAND HEADING INTO 2025 Total shipments of 3,567 units, up 9.7% versus Q1 2022Net revenues of Euro 1,429 million, up 20.5% versus prior yearAdjusted EBITDA(1) of Euro 537 million, up 27.0% versus prior yearAdjusted EBIT(1) of Euro 385 million, up 25.3% versus prior yearAdjusted EBITDA(1) margin of 37.6% and Adjusted EBIT(1) margin of 26.9% in the quarterAdjusted net profit(1) of Euro 297 million and adjusted diluted EPS(1) at Euro 1.62Industrial free cash flow(1) g
aranello (Italy), 3 May 2023 - Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari”) announces that Ferrari S.p.A., a wholly owned Italian subsidiary, has entered into a multi-year partnership agreement with DXC Technology (NYSE:DXC) a global technology services company specialising in the production of advanced digital solutions for the automotive sector. This agreement, which comes into effect as from the fifth round of the Formula 1 season, the Miami Grand Prix (5-7 May 2023), sees DXC Technology become
Yahoo Finance automotive reporter Pras Subramanian joins the Live show to discuss the key takeaways from Ferrari's shareholders meeting.
Maranello (Italy), 14 April 2023 - Ferrari N.V. (“Ferrari” or the “Company”) (NYSE/EXM: RACE) announced today that all resolutions proposed to Shareholders at the Ferrari’s Annual General Meeting of Shareholders (the “AGM”) held today in Amsterdam, the Netherlands, were passed. The Shareholders approved the 2022 Annual Accounts, expressed a positive advice with respect to the Remuneration Report 2022 and approved a dividend in cash1 of Euro 1.810 per outstanding common share, totalling approxima
Maranello (Italy), April 5, 2023 - Ferrari N.V. (“Ferrari”) (NYSE/EXM: RACE) announced today that its financial results for the first quarter of 2023 will be released on Thursday, May 4, 2023. A live audio webcast and conference call of the 2023 Q1 results will begin at 2:00 p.m. BST / 3:00 p.m. CEST / 9:00 a.m. EDT on Thursday, May 4. 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
It's been a tale of contrasting fortunes for Ferrari and Aston Martin shares over the last few years. Are either or both worth buying today? The post Should I buy Ferrari or Aston Martin shares? appeared first on The Motley Fool UK.
Maranello (Italy), 20 March 2023 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari”) announces that Ferrari S.p.A., its wholly-owned Italian subsidiary, was recently contacted by a threat actor with a ransom demand related to certain client contact details. Upon receipt of the ransom demand, we immediately started an investigation in collaboration with a leading global third-party cybersecurity firm. In addition, we informed the relevant authorities and are confident they will investigate to the full ex
Maranello (Italy), March 3, 2023 - Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari”) announced today that it has published the agenda and the explanatory notes for the 2023 Annual General Meeting of Shareholders (“AGM”), which will be held on April 14, 2023 in Amsterdam, beginning at 9:00 a.m. CEST.Ferrari’s AGM notice and explanatory notes, AGM materials and other instructions are available under the section Investors on Ferrari’s corporate website at https://www.ferrari.com/en-EN/corporate, where they
Maranello (Italy), 2 March 2023 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari”) announces that Ferrari S.p.A., its wholly-owned Italian subsidiary, has signed a multi-year partnership agreement with Virtual Gaming Worlds (VGW), a global technology Company that specializes in the creation of cutting-edge online social games. Under the new multi-year agreement, effective from the first Formula 1 Grand Prix of the season in Bahrain (3-5 March 2023), VGW will become Premium Partner of Scuderia Ferrari.
Maranello (Italy), February 24, 2023 - Ferrari N.V. (NYSE/EXM: RACE) announced today that it has published its 2022 Annual Report and filed its annual report on Form 20-F, including financial statements for the fiscal year ended December 31, 2022, with the United States Securities and Exchange Commission. Ferrari’s 2022 Annual Report and annual report on Form 20-F are available under section Investors on Ferrari’s corporate website at https://www.ferrari.com/en-EN/corporate, where they can be vi
Maranello (Italy), February 24, 2023 - Ferrari N.V. (NYSE/EXM: RACE) (the “Company”) announced today that its Board of Directors intends to recommend to the Company’s shareholders a dividend distribution to the holders of common shares of Euro 1.810 per common share, implying an increase of 33% compared to the prior year and corresponding to a total distribution of approximately Euro 329 million. The distribution will be subject to its approval by the Annual General Meeting of Shareholders which
It appears there's a 'relentless bid' for high-end luxury goods.
Maranello (Italy), February 7, 2022 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) today announced that Lorenzo Giorgetti joins Ferrari today as Chief Racing Revenue Officer, reporting to CEO Benedetto Vigna. Giorgetti has extensive experience in delivering consistent commercial growth of prestigious sports properties for the benefit of the sponsors and Ferrari. Most recently Giorgetti was Chief Commercial Officer at AC Milan and played a significant role in the club's marketing an
Total shipments of 13,221 units, up 18.5% versus FY 2021Net revenues of Euro 5,095 million, up 19.3% versus prior yearEBITDA(1) of Euro 1,773 million, up 15.8% versus prior yearEBIT of Euro 1,227 million, up 14.1% versus prior yearEBITDA(1) margin of 34.8% and EBIT margin of 24.1% in the yearNet profit of Euro 939 million and diluted EPS(1) at Euro 5.09Industrial free cash flow(1) generation of Euro 758 million “Last year ended with outstanding financial results that met and exceeded our guidanc
Maranello (Italy), 30 January 2023 - Ferrari N.V. (the “Company”) (NYSE/EXM: RACE) announced today the following corporate calendar for year 20231: Earnings Releases 2 February 2023 - Group results for 4th quarter and full-year 20224 May 2023 - Group results for 1st quarter 20232 August 2023 - Group results for 2nd quarter 20232 November 2023 - Group results for 3rd quarter 2023 A conference call for financial analysts is also planned on the date of each earnings release. Listen only live webcas
Maranello (Italy), January 20, 2023 - Ferrari N.V. (“Ferrari”) (NYSE/EXM: RACE) announced today that its financial results for the full year and fourth quarter of 2022 will be released on Thursday, February 2, 2023. A live audio webcast and conference call of the 2022 full year and fourth quarter results will begin at 1:00 p.m. GMT / 2:00 p.m. CET / 8:00 a.m. EST on Thursday, February 2. Details for accessing this presentation will be available in the Investors section of Ferrari’s corporate web
Maranello (Italy), January 16, 2023 – Ferrari N.V. (NYSE/EXM: RACE) announces that Ferrari S.p.A., wholly-owned Italian subsidiary of Ferrari N.V., today has signed a multiyear agreement with Asahi Europe & International, Ltd effective from January 1, 2024, through which one of its non-alcoholic brands will appear on the Scuderia Ferrari F1 single-seater and cars of the Ferrari Challenge. Attachment PR Ferrari_Asahi_ENG
The volatility in the used car market rolled on in 2022, but there might be some relief for car buyers coming this year. The Manheim Used Vehicle Value Index (MUVVI) for the month of December posted a 0.8% increase month over month, however it dropped a whopping 14.9% year over year, the largest annualized decline ever in the 26-year history of the index.
Maranello (Italy), 15 December 2022 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari”) announces that Ferrari S.p.A., its wholly-owned Italian subsidiary, has renewed and expanded the partnership with EssilorLuxottica that began in 2016. Under the new multi-year agreement, signed by the two companies today and effective from 1 January 2023, EssilorLuxottica will continue to design, produce and market eyewear products featuring the Scuderia Ferrari and Ray-Ban brands. The licensing activities also exten
Maranello (Italy), December 13, 2022 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) today announced that Fred Vasseur will join Scuderia Ferrari on 9 January as Team Principal and General Manager. Vasseur has over 25 years of winning motor racing experience, commencing in the junior formulas and over the last decade in Formula 1. During this time, he has also been widely acknowledged for his success in fostering leading driver talent, claiming the GP2 series in both 2005 (Nico Rosb
Maranello (Italy), December 1, 2022 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 150 million share buyback program announced on June 30, 2022, as the initial 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 “First Tranche”), the additional common shares - reported in aggregate form, on a dai
Maranello (Italy), November 29, 2022 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) announces that it has accepted the resignation of Mattia Binotto who will leave his role as Scuderia Ferrari Team Principal on December 31. Benedetto Vigna commented: “I would like to thank Mattia for his many great contributions over 28 years with Ferrari and particularly for leading the team back to a position of competitiveness during this past year. As a result, we are in a strong position to re