Ferrari (NYSE:RACE) Stock: Looking at the Technical’s
Ferrari (NYSE:RACE) based in Maranello, Italy, Ferrari N.V. has a market cap of nearly $21-B. Friday in New York it closed at 101.47 with the volume at 470,500/shares exchanged.
Investors has seen a ROE (return of equity) of 104.40%. Performance YTD of 89.51%.
Currently Ferrari, has an EPS of 3.17, which has grown by 38.50% this year. EPS is also projected to grow 8.36% next year, and 11.30% for the next 5 years.
Sales growth Q-Q is 6.70%, with EPS growth Q-Q at 24.20%.
As with most large market cap Aristocrat stocks, it has a good dividend yield of 0.63%.
The ability for Ferrari to pay for the 0.63% dividend yield is 23.50% payout ratio. Also generally volatility for large market cap stocks are lower so for Ferrari, volatility for the week has been 1.02%, and for the month 1.35%.
Investors see that Ferrari, has a long term debt/equity of 2.78, with total debt/equity coming to 2.78. The ability for Ferrari to pay these debts is as follows; current ratio is 1.6 and quick ratio comes to 1.3.
In terms of value
Ferrari has a luxury products P/E value of 34.71, combined with a forward P/E of 36.95. While PEG ratio ideally wants to be as low as possible, and it is 3.07. The same goes for P/S and P/B, you want these value to be lower, to represent a potential undervalued company, and they have a P/S and P/B of 5.22 and 27.41 respectively.
There is a P/Cash flow of 28.56 and a P/Free cash flow of 22.95.
Company management has seen, a ROI (return of investment0 of 19.70% and return on assets of 12.90%.
Insiders own 34.32% of Ferrari, and institutional ownership is at 39.80%.
With a gross margin of 50.70% and operating margin of 21.60% it means there is a profit margin of 15.00%.
Total shares outstanding is 190.42-M, with shares float coming to 124-M. The 200-Day SMA is 19.10% and the 20-Day SMA is at -3.23%.
Recently Ferrari has seen performance on the week at -0.24%. While on the month it has been -3.86%.
Longer term we see that it has been -4.34% for the Quarter and for 2-H Y 2017 at + 29.94%, on the year performance has come to _ 108.83%.
Ferrari has an EPS growth projection for the next 5 years of 11.30%.
The future for Ferrari looks Bullish to me.
|NYSE:RACE||107.47||1 December 2017||-1.13||107.6||108.21||106||490,500|
|HeffX-LTN Analysis for RACE:||Overall||Short||Intermediate||Long|
|Neutral (-0.11)||Neutral (-0.06)||Neutral (-0.15)||Neutral (-0.12)|
Have a terrific weekend.
Latest posts by Paul Ebeling (see all)
- Commentary: Paul Ebeling on Wall Street - July 22, 2019
- Ferrari (NYSE:RACE)Heir’s Net Worth Way Up on Success of Stock - July 22, 2019
- Asia: Gold, USD, Crude Oil, Stocks & Commodities - July 22, 2019