The stock of Ferrari N.V (RACE) has gone down by -8.88% for the week, with a 7.41% rise in the past month and a 5.81% rise in the past quarter. The volatility ratio for the week is 2.72%, and the volatility levels for the past 30 days are 1.95% for RACE. The simple moving average for the last 20 days is -2.49% for RACE’s stock, with a simple moving average of 4.19% for the last 200 days.
Is It Worth Investing in Ferrari N.V (NYSE: RACE) Right Now?
Ferrari N.V (NYSE: RACE) has a higher price-to-earnings ratio of 50.64x compared to its average ratio. RACE has 36-month beta value of 0.94. Analysts have mixed views on the stock, with 6 analysts rating it as a “buy,” 4 as “overweight,” 5 as “hold,” and 0 as “sell.”
The public float for RACE is 120.51M, and currently, short sellers hold a 1.31% ratio of that float. The average trading volume of RACE on February 27, 2025 was 306.19K shares.
RACE) stock’s latest price update
The stock price of Ferrari N.V (NYSE: RACE) has dropped by -3.53 compared to previous close of 480.00. Despite this, the company has seen a fall of -8.88% in its stock price over the last five trading days. globenewswire.com reported 2025-02-26 that Ferrari, following the accelerated bookbuild offering announced by Exor on February 26, 2025, intends to repurchase up to 10% of Exor’s total offering up to a maximum of Euro 300 million This share repurchase is to be considered as a part of Ferrari’s multi-year Euro 2.0 billion share buyback program as announced during our 2022 CMD. It will constitute the seventh tranche and it will be financed by Ferrari’s cash on hand On February 20, 2025, Ferrari completed the sixth tranche announced on December 5, 2024 Maranello (Italy), February 26, 2025 – Ferrari N.V.
Analysts’ Opinion of RACE
JP Morgan gave a rating of “Overweight” to RACE, setting the target price at $525 in the report published on October 11th of the previous year.
RACE Trading at 3.38% from the 50-Day Moving Average
After a stumble in the market that brought RACE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -9.05% of loss for the given period.
Volatility was left at 1.95%, however, over the last 30 days, the volatility rate increased by 2.72%, as shares surge +8.40% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.92% upper at present.
During the last 5 trading sessions, RACE fell by -8.48%, which changed the moving average for the period of 200-days by +14.14% in comparison to the 20-day moving average, which settled at $474.97. In addition, Ferrari N.V saw 8.99% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for RACE
Current profitability levels for the company are sitting at:
- 0.28 for the present operating margin
- 0.5 for the gross margin
The net margin for Ferrari N.V stands at 0.22. The total capital return value is set at 0.22. Equity return is now at value 46.77, with 17.58 for asset returns.
Based on Ferrari N.V (RACE), the company’s capital structure generated 0.49 points at debt to capital in total, while cash flow to debt ratio is standing at 0.58. The debt to equity ratio resting at 0.95. The interest coverage ratio of the stock is 47.55.
Currently, EBITDA for the company is 2.18 billion with net debt to EBITDA at 0.64. When we switch over and look at the enterprise to sales, we see a ratio of 12.57. The receivables turnover for the company is 3.1for trailing twelve months and the total asset turnover is 0.68. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.47.
Conclusion
To put it simply, Ferrari N.V (RACE) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
