On Tuesday, Ferrari N.V (NYSE: RACE) opened lower -7.36% from the last session, before settling in for the closing price of $476.05. Price fluctuations for RACE have ranged from $330.15 to $498.23 over the past 52 weeks.
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A company in the Consumer Cyclical sector has jumped its sales by 10.53% annually for the last half of the decade. Company’s average yearly earnings per share was noted 17.55% at the time writing. With a float of $120.99 million, this company’s outstanding shares have now reached $180.42 million.
In an organization with 4988 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 49.76%, operating margin of 27.94%, and the pretax margin is 27.31%.
Ferrari N.V (RACE) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Auto Manufacturers industry is another important factor to consider. The insider ownership of Ferrari N.V is 32.69%, while institutional ownership is 34.25%.
Ferrari N.V (RACE) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 17.55% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 11.95% during the next five years compared to 8.76% growth over the previous five years of trading.
Ferrari N.V (NYSE: RACE) Trading Performance Indicators
Check out the current performance indicators for Ferrari N.V (RACE). In the past quarter, the stock posted a quick ratio of 1.45. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 14.33. Likewise, its price to free cash flow for the trailing twelve months is 67.43.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 8.30, a number that is poised to hit 2.07 in the next quarter and is forecasted to reach 9.67 in one year’s time.
Technical Analysis of Ferrari N.V (RACE)
Let’s dig in a bit further. During the last 5-days, its volume was 0.51 million. That was better than the volume of 0.28 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 12.85%. Additionally, its Average True Range was 9.44.
During the past 100 days, Ferrari N.V’s (RACE) raw stochastic average was set at 39.90%, which indicates a significant increase from 3.42% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.68% in the past 14 days, which was higher than the 26.45% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $472.91, while its 200-day Moving Average is $429.72. However, in the short run, Ferrari N.V’s stock first resistance to watch stands at $449.69. Second resistance stands at $458.39. The third major resistance level sits at $463.62. If the price goes on to break the first support level at $435.76, it is likely to go to the next support level at $430.53. The third support level lies at $421.83 if the price breaches the second support level.
Ferrari N.V (NYSE: RACE) Key Stats
There are currently 184,750K shares outstanding in the company with a market cap of 98.61 billion. Presently, the company’s annual sales total 6,461 M according to its annual income of 1,355 M. Last quarter, the company’s sales amounted to 1,844 M and its income totaled 443,810 K.
