Ferrari (NYSE: RACE) is one of 97 publicly-traded companies in the “AUTOS/TIRES/TRUCKS” industry, but how does it contrast to its peers? We will compare Ferrari to similar businesses based on the strength of its analyst recommendations, earnings, profitability, risk, valuation, institutional ownership and dividends.
Institutional and Insider Ownership
32.5% of Ferrari shares are held by institutional investors. Comparatively, 73.2% of shares of all “AUTOS/TIRES/TRUCKS” companies are held by institutional investors. 9.8% of shares of all “AUTOS/TIRES/TRUCKS” companies are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.
This table compares Ferrari and its peers’ net margins, return on equity and return on assets.
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||Return on Assets
This is a summary of current ratings and recommmendations for Ferrari and its peers, as provided by MarketBeat.
||Strong Buy Ratings
Ferrari presently has a consensus price target of $120.17, suggesting a potential downside of 0.90%. As a group, “AUTOS/TIRES/TRUCKS” companies have a potential upside of 9.34%. Given Ferrari’s peers stronger consensus rating and higher probable upside, analysts plainly believe Ferrari has less favorable growth aspects than its peers.
Earnings and Valuation
This table compares Ferrari and its peers top-line revenue, earnings per share and valuation.
Ferrari’s peers have higher revenue and earnings than Ferrari. Ferrari is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.
Risk & Volatility
Ferrari has a beta of 1.35, meaning that its stock price is 35% more volatile than the S&P 500. Comparatively, Ferrari’s peers have a beta of 2.80, meaning that their average stock price is 180% more volatile than the S&P 500.
Ferrari pays an annual dividend of $0.68 per share and has a dividend yield of 0.6%. Ferrari pays out 21.3% of its earnings in the form of a dividend. As a group, “AUTOS/TIRES/TRUCKS” companies pay a dividend yield of 1.8% and pay out 29.6% of their earnings in the form of a dividend.
Ferrari peers beat Ferrari on 9 of the 15 factors compared.
Ferrari NV, known as New Business Netherlands NV, is an Italy-based company, incorporated in the Netherlands, that is engaged in designing, manufacturing and selling sports cars under the Ferrari brand. Its products include nine sports car models, including seven sports cars: 458 Italia, 488 GTB, 458 Spider, 488 Spider, F12 Berlinetta, 458 Speciale and 458 Speciale A; as well as two grand tourer (GT) cars: California T and FF. In addition, the Company produces a limited edition supercar, LaFerrari, and limited series and one-off cars. It licenses its Ferrari brand to various produces and retailers of goods. The Company divides its regional markets in EMEA (Europe, the Middle East, India and Africa), Americas, Greater China and Rest of APAC (Asia-Pacific region, excluding Greater China). The Company is active in over 60 markets worldwide through a network of 182 authorized dealers operating 204 points of sale. The Company operates as a subsidiary of Fiat Chrysler Automobiles NV.
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