Ferrari NV Stock
Ferrari NV Stock
Pros and Cons of Ferrari NV in the next few years
Pros
Cons
Performance of Ferrari NV vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Ferrari NV | 1.570% | -7.818% | -12.482% | -27.028% | -24.497% | 48.521% | 76.674% |
| Exor NV | -1.530% | -0.552% | -3.931% | -23.663% | -18.577% | -1.825% | 19.927% |
| Volkswagen AG VZO | 0.990% | 3.650% | 11.053% | 23.895% | 19.475% | -22.274% | -26.481% |
| General Motors Corp | -1.030% | 7.935% | 12.431% | 37.869% | 33.889% | 90.044% | 95.695% |
sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.Upon initial examination, the financials of Ferrari with US symbol RACE from the Automobiles & Auto Parts industry indicate a promising outlook. The company's financial statements show consistent growth in assets and revenues, as well as stable cash flow management. However, a deeper analysis will reveal the pros and cons of the company's performance and areas where improvements might be necessary.
Growth in total assets and revenues: Over the past three years, Ferrari's total assets have grown consistently, from €6.26 billion in 2020 to €7.76 billion in 2022. This indicates that the company is investing in its growth, expanding production capabilities, and exploring new opportunities. Additionally, the revenues have shown a steady rise, highlighting the firm's ability to generate sales amidst market fluctuations.
Strong operating income: Ferrari's operating income has remained robust, demonstrating effective cost management and high operational efficiency. A higher operating income is vital for ensuring the company's long-term sustainability, as it allows for more significant reinvestment in the business.
Comments
News
Why I Bought the Dip in Ferrari Stock
After Ferrari's (NYSE: RACE) October Capital Markets Day, the stock cracked. Shares of the Italian luxury brand have fallen from levels above $500 in early October to below $400 more recently. For a
Buy This Ultra-Luxury Stock Hand Over Fist After 17% Plunge
Investors have a rare opportunity to scoop up shares of Ferrari (NYSE: RACE) at a discount after the stock shed roughly 17% of its value over the past month. The driving force behind the spiral
Ferrari Stock Looks Expensive -- or Does It?
Ferrari (NYSE: RACE) is one of those companies investors can't easily classify. It's technically a carmaker, but its financials look more like a luxury house. And its stock price? Well, that's where