$RACE If you are interested in profitable, growing companies Ferrari (NYSE:RACE) since its October 2016 IPO is the standout stock in the automotive sector, it is The Aristocrat. While that does not make its shares worth buying at any price, you cannot deny that successful capitalism requires profit, eventually. In comparison, loss making companies act like […]
$JPM, $MS, $GS, $BAC, $MSFT, $NFLX FLASH: Traders will focus on the start to Q-2 earnings season this week. Big banks including JP Morgan Chase (NYSE:JPM), Goldman Sachs (NYSE:GS), Morgan Stanley (NYSE:MS) and Bank of America (NYSE:BAC), along with Netflix (NASDAQ:NFLX) and Microsoft (NASDAQ:MSFT) report Quarterly results this week, setting the tone for the rest […]
$RACE Italian luxury sports-car maker Ferrari (NYSE: RACE) said that its Q-1 operating income rose 11%, to EUR 232-M on strong demand for its V8-powered Portofino convertible and a jump in China deliveries ahead of new emissions regulations. The Numbers Metric Q-1 2019 Change Vs Q-1 2018 Revenue 940-M euros 13% Vehicles shipped 2,610 23% […]
$RACE Ferrari (NYSE:RACE) released their Q-1 earnings early Tuesday morning, and they are Super with EPS/1.08 easily beat EPS/0.88 consensus estimate and, even more impressive, revenues grew by 13%, not minus as analysts predicted. Ferrari’s numbers are not just Super, they are informative on several subjects currently on the minds of investors. I have been […]
$RACE FLASH: THE FERRARI F8 TRIBUTO, 1ST OF 5 NEW MODELS UNVEILED IN 2019 DRIVING STRONG REVENUE Ferrari F8 Tributo Successfully presented at the Geneva Motor Show on 5 March 2019, the Ferrari F8 Tributo represents the most powerful V8 in the Maranello Outfit’s history for a non-special series Supercar and sets the benchmark for […]
$QCOM Qualcomm (NASDAQ:QCOM) reported F-Q-2 Y 2019 results after the close Wednesday. The chip-maker posted adjusted diluted EPS of 0.77 and revenues of $4.9-B. In F-Q-2 Y 2018, Qualcomm reported EPS of 0.78 on revenues of $5.2-B. The consensus analysts’ estimates called for EPS of 0.71 and $4.8-B in revenue. The big news for Qualcomm […]
$AAPL Apple (NASDAQ:AAPL) declared that it had EPS of 2.46 and $58-B in revenue, compared with consensus estimates that called for 2.36/EPS and $57.37-B in revenue. In the same frame last year, Apple said it had EPS of 2.73 and $61.14-B in revenue. In this most recent quarter, the firm reported its product sales as […]
$SPY Corporate earnings results of this reporting season are beating expectations by a wide margin, suggesting that the S&P 500 (SPY) will avoid a “profit recession” this year because predicted economic bad news has failed to materialize. That is a reversal of the outlook from a few months ago, when the Y 2019 profit outlook […]
$TSLA Tesla (NASDAQ:TSLA) had a rough day Thursday, the Bearish pressure came on the heels of much weaker delivery numbers on its EVs in Q-1 There continue to be concerns about how strong the demand is for the company’s M-3 sedan that has been on the market for less than 2 years. Tesla delivered just […]
$RACE Thursday, 31 January Ferrari (NYSE:RACE) will release its latest earnings report. Here is the outlook for the iconic Italian supercar maker. Earnings and Revenue Wall Street analysts see Ferrari reporting EPS of 0.94/share on sales of $992.67-M. In the same Quarter last year, Ferrari reported EPS of 0.89/share on revenue of $1.05-B. If Ferrari matches […]
$GS Goldman Sachs Grou (NYSE:GS) is scheduled to report its Q-4 financial results before the US market open Wednesday. The consensus estimates from Thomson Reuters are EPS/5.61 and $7.78-B in revenue. In the same frame last year, the Wall Street giant posted EPS/5.68 on $7.83-B in revenue. In Q-3, book value per common share has […]
Ferrari (NYSE:RACE) Q-3 Earnings ‘Whisper’ $RACE Ferrari (NYSE:RACE) many analysts the iconic Italian automaker expect the Maranello outfit to deliver a Y-Y decline in earnings on higher revenues when it reports results for the Quarter ended September 2018. This consensus gives a good sense of the company’s earnings picture, but how the actual results compare […]
S&P 500 Earnings Preview: Q-3 Y 2018 $SPY, $JPM, $C, $WFC, $USD Earnings reporting period is here once again, and it always commands a great deal of attention because earnings drive stock prices over the long term. The S&P 500 has been underpinned by impressive earnings growth. The Q-3 reporting frame, which begins in earnest […]
Market Up, Tesla (NASDAQ:TSLA) Down $TSLA, $SPY, $DIA, $QQQ Tesla (NASDAQ:TSLA) closed Thursday in New York at 289.46, moving down 0.35% from the priortrading session. This change lagged the S&P 500’s 0.53% gainer on the day. Elsewhere, the DJIA gained 0.57%, while the tech-heavy NAS Comp added 0.75%. Coming into today, shares of the electric […]
Ferrari’s (NYSE:RACE) Stock ‘Clean Air Ahead’ $RACE Shares of Ferrari (NYSE:RACE) are + 35% YTD, but they came off their highs to consolidate the last Bull leg that Topped at 149.85 a few weeks ago. Ferrari finished Monday in NYC at 136.38, +1.02, or +0.75%, the market is closed. And there looks to be more […]
Bulls Own the Post July 4th Stock Market Action $DIA, $SPY, $QQQ, $RUTX, $VXX A casualties of the tariff dust up has been the power of corporate profits to energize stocks. Now another earnings season is here, and we are still hearing from pundits that investors obsessing over trade. It has been The Story of […]
Ferrari’s (NYSE:RACE) Stock Broke Out Marking New 52 Wk Highs $RACE Ferrari is the world’s #1 Automotive Brand, and a Aristocrat stock. Ferrari (NYSE:RACE) marked a 52-wk high on the week, and now has 154.86 target or 4.00 % above Friday’s close in New York at 148.90/share. The chart is Very Bullish and indicates low risk […]
Ferrari (NYSE:RACE) the World’s #1 Automotive Brand to Report Q-1 Earnings $RACE The iconic Italian Supercar maker, Ferrari (NYSE:RACE) is scheduled to report Q-1 Y 2018 results before the open Thursday. The Whisper: EPS is seen +10% to 0.88/share on $993 to $1-B in revenue in the Quarter. Ferrari gaped up and closed + 2.72% to […]
Ferrari (NYSE:RACE) Stock: Looking at the Technical’s $RACE 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 […]
Ferrari’s (NYSE:RACE) Shares Dipped on Profit Taking Last Week $RACE Ferrari stock (NYSE:RACE) traded on a negative note on the week ended 10 November, and settled at 109.56, or -6.7%, on profit taking after marking an all time high at 121.14 on 3 November. The worst weekly loss for Ferrari stock in the past 9 months. […]
Ferrari (NYSE:RACE) Resumes Rally in October $RACE Ferrari stock (NYSE:RACE) traded on slightly Bearish note in the week ended 29 September 2017, and finished at 110.48 with a weekly dip of 2.6% to end a month of consolidation of its remarkable YTD Bull run. RACE declined 3.5% in September. But maintains its YTD rise of […]
Ferrari (NYSE:RACE) Stock Price 2X’d Since December $RACE, $FACU, $F, $GM Ferrari (NYSE:RACE) has solid fundamentals and marked an all-time high Wednesday at 118.10/share Ferrari stock continues to trade in the Green, and ended the last week with a 2.4% gainer, at 116.76. The company’s stock has risen 35.7% QTD, and an impressive 100.8% YTD. The stock […]
Ferrari (NYSE:RACE) Outperforms All Car-makers YTD $RACE, $FCAU, $F, $GM Ferrari (NYSE:RACE), the Italian luxury Supercar maker reports Q-2 Y 2017 earnings on 2 August Recall that the iconic sports car maker was spun off from Italian-American automaker Fiat Chrysler (NYSE:FCAU) on 20 October 2015 with an oversubscribed IPO (initial public offering). As of 26 […]
Wall Street Upgrading Ferrari (NYSE:RACE) Stock $RACE, $F, $GM Wall Street analysts upgrade stocks daily, they upgrade some, downgrade some, and initiate coverage on some. I cover them daily in this column. Thursday, I am taking about a favorite of mine and HeffX-LTN’s Ferrari NV (NYSE:RACE) that we have been following since pre-IPO in October 2105 […]
Ferrari (NYSE:RACE) LTN’s Large Cap Stocks of the Day $RACE Ferrari N.V. (NYSE:RACE), from the Consumer Goods (Luxury) sector had a price of 66.58 Monday, or + 1.29%. The company is predicting an EPS (earnings per share) growth of 0.29% in the coming year. The EPS growth over the next 5 years will be. Ferrari […]
LTN Favorite Ferrari (NYSE:RACE) Above Key Resistance Turned Support $RACE Ferrari (NYSE:RACE) with a market cap near 12-B has been on the stock market since its IPO date on the 21 October 2015. Ferrari is in the Auto Manufacturers – Major industry and Consumer Goods sector and trade as a Luxury brand. Average volume for Ferrari […]
Friday Update: Ferrari N.V. (NYSE:RACE) $RACE Ferrari N.V. (NYSE:RACE), has been doing very well since mid-year 2016. Ferrari N.V. has a total market cap of 11,404.88-B and has posted a price of 59.83 today, highlighting a change of +1.00%. The average volume stands at 454.26 for Ferrari N.V.. Performance: The performance week for Ferrari is […]
LTN’s Stock of the Day: Ferrari NV (NYSE:RACE) $RACE, $FCAU LTN’s stock of the day is Ferrari NV, (NYSE: RACE), with a market cap of US$11212.49-B. Italy and the world’s premier automaker, Ferrari, is in the industry Auto Manufacturers, Major and Consumer Goods sectors. Once a unit of Fiat-Chrysler (NYSE:FCAU) Ferrari shares were 1st put […]
Ferrari (NYSE:RACE): Analysts Rating the Stock a “Strong Buy” $RACE Ferrari (NASDAQ:RACE) has earned a consensus broker rating score of 1.33 (Strong Buy) from the 3 brokers that cover the stock. One analyst has rated the stock with a Buy recommendation and two have issued a Strong Buy recommendation on the company. Ferrari’s rating score […]
Donald Trump’s Presidency Will Benefit Stocks in Almost Every Sector $DIA, $SPY, $QQQ, $VXX After years of slowing earnings growth and little in the way of excitement for many Wall Street analysts, many are hopeful that President Elect Donald Trump will make things interesting. When collating data for the Goldman Sachs Group Inc. (NYSE:GS) Analyst […]
The Trump Rally Can Extend Into 2017 $SPY It is looking likely that President Elect Donald Trump will preside over a continuing US expansion that could take its place as the longest among American business cycles, there are industry experts that predict that by the time Donald Trump takes office in January, the S&P 500 […]
Earnings Reports to Watch this Week $DIS, $SCTY, $VRX, $YELP, $SHAK, $BABA, $KSS, $M, $JWN, $JCP HeffX–LTN has put together a preview of some of the major companies reporting their Quarterly results this week and what to expect. And have included the consensus earnings estimates from Thomson Reutersm the stock price and trading history. Note: […]
Wall Street Analysts Have Lowered Earnings Estimates $DIA, $SPY, $QQQ, $VXX Wall Street analysts have a long history of being overly optimistic about earnings results the further those results are out in the future. And they tend to lower their estimates in the weeks before a earnings seasons, and often are too pessimistic about the […]
Firms Covering Ferrari (NYSE:RACE) Rate it a “Hold” Ferrari (NYSE:RACE) has been assigned a “Hold” recommendation from 11 ratings firms covering the stock, 2 rated it with a Sell recommendation, 4 have assigned is a Buy. The average 12 month target price among analysts that have issued ratings on the stock in the last year […]
US Q-1 Earnings 98% in, Not Really Very Good $DIA, $SPY, $QQQ, $VXX As of Wednesday, Q-1 earnings reports are 98% complete with 495 of the 500 companies in the S&P 500 reported. Headlines were generally positive with 72% of companies beating expectations, about average. But, nothing else about the earnings season looks to be […]
Netflix (NASDAQ:NFLX) Off 23% YTD, Traders Saying More to Go $NFLX Netflix is off 23% YTD, and traders are betting it is about to dive deeper. Options volume last week grew increasingly Bearish, indicating the negative sentiment on Wall Street. I am seeing a negative technical setup. Next support is 80.57 and none under that […]
Elon Musk’s SolarCity (NASDAQ:SCTY) “Bleeding” Cash $SCTY, $TSLA SolarCity Corp. (NASDAQ:SCTY) will continue its downtrend (sentiment has turned Bearish), as largest US rooftop solar developer loses money on every installation. Expert managed money sees SolarCity getting into financial trouble in Y 2016. One analyst dubbed SolarCity a “Subprime” finance company, and said its customers will […]
LTN Looks At US Entertainment Giant’s Quarterly Earnings $CMCSA, $DWA, $DIS, $FOX, $TWX, $VIA, $CBS, $SNE Strong advertising trends and signs of improved pay TV subscriber momentum will be Key trends when big Hollywood report their latest Quarterly earnings over the next 1 weeks, according to Wall Street analysts. And that could mean that film […]
