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A look at a High Market Cap Stock: Ferrari N.V., RACE

Ferrari N.V., RACE is in the exchange NYSE and its industry is Auto Manufacturers – Major in the sector of Consumer Goods. Based in Italy, Ferrari N.V., RACE  has a market cap of 10275.79. Since its IPO date on the 10/21/2015, Ferrari N.V., RACE performance year to date is 15.49%. Today Ferrari N.V., RACE has gained 0.00%, with a current price of 54.74.

Ownership of the company is *TBA for insider ownership while institutional ownership is 59.50%. The management of the company have seen the company have a payout ratio of 0.00%. Return of assets are at 8.30%, with return on investment at 13.40%.

In terms of debt levels and profit levels, Ferrari N.V., RACE is seeing a long-term debt/equity of 9.6. While Total debt/equity is 0. With a profit margin of 11.30%, this is combined with a gross margin of 48.40%, and operating margin of 17.40%. Ferrari N.V. ability to meet debt levels, with a current ratio of 1.6, while the quick ratio is 1.4.

For the last year Ferrari N.V., RACE has seen a EPS growth of 10.10%. A performance for the year of 19.61%. The 52-week high is -0.45%, and the 52-week low is 75.10%. The average volume for Ferrari N.V., RACE is 101969.

With a target price of 54.63, can Ferrari N.V., RACE reach this target? Looking at the value indicators of Ferrari N.V., RACE. Ferrari N.V. has a P/E of 28.64 and a forward P/E of 24.5. Perhaps the more useful indicator than P/E, is PEG which has a value of 1.75. Ferrari N.V. also has a P/S and a P/B of 3.23 and 42.77 respectively. For P/cash, Ferrari N.V. has a value of 19.65, while it is 25.99 for P/free cash flow.

At the current price of 54.74, Ferrari N.V. has a dividend yield of 0.94%. We see a return on equity of 342.90%.

Looking more long-term Ferrari N.V., is projected to get an EPS growth for the next five years of 16.40%. In the short-term an EPS growth of 8.29% in the next year is forecasted. This is after a EPS growth of 10.10% for this year and for the last five years a *TBA growth has been seen.

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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Peter Clarke

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