On Friday, Ferrari N.V (NYSE: RACE) was -3.07% drop from the session before settling in for the closing price of $491.30. A 52-week range for RACE has been $391.54 – $509.13.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Consumer Cyclical Sector giant saw their annual sales surged by 12.01% over the last five years. When this article was written, the company’s average yearly earnings per share was at 14.49%. With a float of $126.06 million, this company’s outstanding shares have now reached $178.20 million.
The firm has a total of 5435 workers. Let’s measure their productivity. In terms of profitability, gross margin is 50.52%, operating margin of 29.04%, and the pretax margin is 28.72%.
Ferrari N.V (RACE) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Ferrari N.V stocks. The insider ownership of Ferrari N.V is 29.26%, while institutional ownership is 39.01%.
Ferrari N.V (RACE) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 14.49% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.95% during the next five years compared to 17.04% growth over the previous five years of trading.
Ferrari N.V (NYSE: RACE) Trading Performance Indicators
You can see what Ferrari N.V (RACE) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.67. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 11.49. Likewise, its price to free cash flow for the trailing twelve months is 45.67.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 9.45, a number that is poised to hit 2.64 in the next quarter and is forecasted to reach 11.50 in one year’s time.
Technical Analysis of Ferrari N.V (RACE)
Analysing the last 5-days average volume posted by the [Ferrari N.V, RACE], we can find that recorded value of 0.29 million was lower than the volume posted last year of 0.44 million. As of the previous 9 days, the stock’s Stochastic %D was 37.68%. Additionally, its Average True Range was 8.90.
During the past 100 days, Ferrari N.V’s (RACE) raw stochastic average was set at 72.01%, which indicates a significant increase from 22.42% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.63% in the past 14 days, which was lower than the 32.06% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $452.88, while its 200-day Moving Average is $454.98. Now, the first resistance to watch is $478.39. This is followed by the second major resistance level at $480.56. The third major resistance level sits at $482.57. If the price goes on to break the first support level at $474.21, it is likely to go to the next support level at $472.20. Now, if the price goes above the second support level, the third support stands at $470.03.
Ferrari N.V (NYSE: RACE) Key Stats
There are 242,377K outstanding shares of the company, which has a market capitalization of 84.86 billion. As of now, sales total 7,225 M while income totals 1,647 M. Its latest quarter income was 1,887 M while its last quarter net income were 433,670 K.
