Stock Updates

Morning Traders Watch: Ferrari N.V. (NYSE: RACE)

With a market cap of 17.53 B, Ferrari N.V. has a large market cap size. Ferrari N.V. (NYSE: RACE) has been on the stock market since its IPO date on the 10/21/2015. Ferrari N.V. is in the Auto Manufacturers – Major industry and Consumer Goods sector. Average volume for Ferrari N.V., is 574.37, and so far today it has a volume of 0. Performance year to date since the 10/21/2015 is 61.51%.

To help you determine whether Ferrari N.V. is undervalued the following values will help you decide. P/E is 35.02 and forward P/E is 33.97. PEG perhaps more useful shows that Ferrari N.V. has a value for PEG of 3.34. P/S ratio is 4.73 and the P/B ratio is 32.72. The P/Cash and P/Free cash flow is 26.77 and 22.38 respectively.

At the current price Ferrari N.V. is trading at, 93.9 (0.00% today), Ferrari N.V. has a dividend yield of 0.73%, and this is covered by a payout ratio of 27.00%. Earnings per share (EPS) is 2.68, and this is looking to grow in the next year to 6.23% after growing 38.50% this past year. EPS growth quarter over quarter is 59.20%, and 21.50% for sales growth quarter over quarter.

The number of shares outstanding is 186.65, and the number of shares float is 124.14. The senior management bring insider ownership to *TBA, and institutional ownership is at 39.40%. The float short is 1.74%, with the short ratio at a value of 3.76. Management has seen a return on assets of 10.80%, and also a return on investment of 19.70%.

The ability for Ferrari N.V., to deal with debt, means it current ratio is 1.5, and quick ratio is 1.3. Long term debt/equity is 3.93 and total debt/equity is 3.93. In terms of margins, Ferrari N.V. has a gross margin of 49.40%, with its operating margin at 20.00%, and Ferrari N.V. has a profit margin of 13.70%.

The 52 week high is -0.11%, with 124.75% being its 52 week low. The 20 day simple moving average is 5.94% and the 200 day simple moving average is 38.29%.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.


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Mark Hines

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