How to buy Ferrari stock - (NYSE: RACE) stock price $340.17 | finder.com (2024)

Ferrari is an auto manufacturers business based in the US. Ferrari shares (RACE.US) are listed on the NYSE and all prices are listed in US dollars. Its last market close was $340.17 – the same closing value as a week prior. Ferrari employs 4,951 staff and has a trailing 12-month revenue of around $5.8 billion.

How to buy shares in Ferrari

  1. Choose a platform. If you're a beginner, our stock trading platform picks below can help you choose.
  2. Open your account. Provide your personal information and sign up.
  3. Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
  4. Search the platform for stock code: RACE in this case.
  5. Research stocks. The platform should provide the latest information available.
  6. Buy your stocks. Place a market order or limit order with your preferred number of shares. It's that simple.

The whole process can take as little as 15 minutes. You'll need a smartphone or computer, an internet connection, your passport or driving license and a means of payment.

Our top picks for buying Ferrari stock

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  • Min. deposit: $0
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Is it a good time to buy Ferrari stock?

Only you can make the decision on the time to leap... but here's some supporting information and analysis.

  • Price graph
  • Historical data
  • Technical analysis

Use our graph to track the performance of RACE stocks over time.

Share price volatility

Over the last 12 months, Ferrari's shares have ranged in value from as little as $244.7406 up to $372.42. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Ferrari's is 0.999. This would suggest that Ferrari's shares are less volatile than average (for this exchange).

Historical closes compared with the last close of $340.17

1 week (2024-01-21)-2.64%
1 month (2023-12-28)0.51%
3 months (2023-10-28)13.62%
6 months (2023-07-28)7.10%
1 year (2023-01-28)35.04%
2 years (2022-01-28)51.96%
3 years (2021-01-28)67.47%
5 years (2019-01-28)218.59%

The gauge below shows real-time ratings that are based on 26 popular indicators such as moving averages, for specific time periods. It's not a recommendation but is simply technical analysis that can form part of your research.

Finder might not agree with the analysis and we take no responsibility. We also give no representations or warranty on the accuracy or completeness of the information provided on this page.

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Is Ferrari under- or over-valued?

Valuing a stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of overall performance. However, analysts commonly use some key metrics to help gauge value. Check out the Ferrari P/E ratio, PEG ratio and EBITDA

  • P/E ratio
  • Ferrari PEG ratio
  • Ferrari EBITDA

Ferrari's current stock price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 48x. In other words, Ferrari stocks trade at around 48x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the United States stock markets on average as of November 09, 2023 (20.44). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Ferrari's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.5419. Higher PEG ratios such as this can be interpreted as meaning the shares offer worse value given the current rate of growth.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Ferrari's future profitability. By accounting for growth, it could also help you if you're comparing the stock prices of multiple high-growth companies.

Ferrari's EBITDA (earnings before interest, taxes, depreciation and amortisation) is a whopping $1.8 billion.

The EBITDA is a measure of a Ferrari's overall financial performance and is widely used to measure a its profitability.

Frequently asked questions

    • Dividend yield
    • Forward yield
    • Payout ratio

    Dividend yield: 0.59% of stock value

    Forward annual dividend yield: 0.59% of stock value

    Dividend payout ratio: 30.8% of net profits

    Ferrari has recently paid out dividends equivalent to 0.59% of its share value annually.

    Ferrari has paid out, on average, around 30.8% of recent net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.59% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), shareholders could enjoy a 0.59% return on their shares, in the form of dividend payments. In Ferrari's case, that would currently equate to about 1.81 per share.

    While Ferrari's payout ratio might seem fairly standard, it's worth remembering that it may be investing much of the rest of its net profits in future growth.

    Ferrari's most recent dividend payout was on 4 May 2023. The latest dividend was paid out to all shareholders who bought their shares by 23 April 2023 (the "ex-dividend date").

    Ferrari's fiscal year ends in December.

  • Ferrari's address is: Via Abetone Inferiore n. 4, Maranello, MO, Italy, 41053

  • It's as easy to sell Ferrari as it is to buy! Here's how to sell Ferrari stocks that you already own.

    1. Open your investment app. If you've got one with desktop access, you can log in online
    2. Go to your portfolio. This should be in the main menu
    3. Find your shares. You may be able to search your portfolio
    4. Choose how many you'd like to sell. You'll be able to review the price and see how much you'll receive
    5. Sell your Ferrari shares. Your investment platform will let you know when your shares are sold
  • Most dealing providers will let you use your debit card to top up your account and buy shares. The main ways are with a debit card, bank transfer or with Apple/Google Pay.

  • The easiest way to get hold of some Ferrari shares is to sign up for a stock trading app and place a market order or basic order. This type of order tells the platform that you're interested, so it'll try to execute it as quickly as it can. It could take some time for the order to go through, especially if there's a lot of volatility in Ferrari shares.

  • Ferrari financials

    Revenue TTM$5.8 billion
    Operating margin TTM27.32%
    Gross profit TTM $2.4 billion
    Return on assets TTM12.39%
    Return on equity TTM45.1%
    Profit margin20.27%
    Book value$15.69
    Market capitalisation $61.7 billion

    TTM: trailing 12 months

How to buy Ferrari stock - (NYSE: RACE) stock price $340.17 | finder.com (2024)
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