Ferrari NV(RACE),Stock Price, Discussion, News, Quote & History - To The Moon - Tiger Brokers Online Investing Community

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RACE Ferrari NV

Trading 04-29 14:34:12 EDT

421.83

-0.63

-0.15%

High422.42	Low417.69	Vol91.20K
Open419.70	D1 Closing422.46	Amplitude1.12%
Mkt Cap75.96B	Tradable Cap48.13B	Total Shares180.07M
T/O38.36M	T/O Rate0.08%	Tradable Shares114.09M
P/B--	ROE--	EPS0.00
52wk High--	52wk Low--	P/E--
Dividend--	Div.Yield--	ROA--

{"stockData":{"symbol":"RACE","market":"US","secType":"STK","nameCN":"Ferrari NV","latestPrice":421.83,"timestamp":1714415650616,"preClose":422.46,"halted":0,"volume":91196,"delay":0,"floatShares":114089049,"shares":180072831,"eps":7.626838,"marketStatus":"Trading","change":-0.63,"latestTime":"04-29 14:34:12 EDT","open":419.7,"high":422.415,"low":417.6923,"amount":38362554.958000004,"amplitude":0.011179,"askPrice":421.98,"askSize":233,"bidPrice":421.49,"bidSize":15,"shortable":3,"etf":0,"ttmEps":7.626838,"tradingStatus":2,"nextMarketStatus":{"tag":"Post-Market Trading","tradingStatus":3,"beginTime":1714420800000},"marketStatusCode":2,"adr":0,"adrRate":0,"listingDate":1445400000000,"exchange":"NYSE","adjPreClose":422.46,"dividendRate":0.006206,"preHourTrading":{"tag":"盘前","latestPrice":418.92,"preClose":422.46,"latestTime":"09:29 EDT","volume":1116,"amount":468516.74292000005,"timestamp":1714397399082},"postHourTrading":{"tag":"盘后","latestPrice":421.98,"preClose":422.46,"latestTime":"19:40 EDT","volume":1477,"amount":624049.12,"timestamp":1714174815835},"volumeRatio":0.41108},"requestUrl":"/m/hq/s/RACE","defaultTab":"news","newsList":[{"id":"2431831543","title":"Ferrari-owners Exor to lead £12m funding round for British AI company Jigsaw","url":"https://stock-news.laohu8.com/highlight/detail?id=2431831543","media":"cityam","top":-1,"share":"https://ttm.financial/m/news/2431831543?lang=en_us&edition=fundamental","pubTime":"2024-04-29 17:56","pubTimestamp":1714384572,"startTime":"0","endTime":"0","summary":"Jigsaw, founded by former lawyers Stephen Scanlan and Travis Leon, is set to announce the funding from Exor Ventures tomorrow, according to Sky News. A venture fund owned by the Italian investment group Exor is reportedly leading a $15m  series A funding round for British artificial intelligence  startupJigsaw, founded by former lawyers Stephen Scanlan and Travis Leon, is set to announce the funding from Exor Ventures tomorrow, according to Sky News.Exor, which is owned by the billionaire Agnelli family and also owns a majority stake in Ferrari, has been building out its venture arm as it tries to find the stars of tomorrow. It has previously backed other tech startups, including Multiply Labs and Mistral AI.Scalan and Leon previously worked on building XRef, a proofreading software company, which they sold for a reported $10m .It employs nearly 150 people across global offices in London, Miami, and Singapore.City A.M. approached Jigsaw and Exor for comment.","market":"fut","thumbnail":"https://www.cityam.com/wp-content/uploads/2024/04/investedinburgh-fintech-landscape-rc1265-ie60-ofc-02-002-594d1760e5d05-5950af1fe8d38-5bbdf98635dff_385d6b.webp?w=286&h=161&crop=1","type":0,"news_type":0,"thumbnails":["https://www.cityam.com/wp-content/uploads/2024/04/investedinburgh-fintech-landscape-rc1265-ie60-ofc-02-002-594d1760e5d05-5950af1fe8d38-5bbdf98635dff_385d6b.webp?w=286&h=161&crop=1"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.cityam.com/ferrari-owners-exor-to-lead-12m-funding-round-for-british-ai-company-jigsaw/","is_publish_highlight":false,"gpt_icon":0},{"id":"2431074570","title":"Will Earnings Cheer Continue To Buoy Markets? Apple, Amazon, Pfizer, Coinbase Lead Flurry Of Q1 Reports This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=2431074570","media":"Benzinga","top":-1,"share":"https://ttm.financial/m/news/2431074570?lang=en_us&edition=fundamental","pubTime":"2024-04-29 13:51","pubTimestamp":1714369881,"startTime":"0","endTime":"0","summary":"With the earnings season now halfway through, the percentage of S&amp;P 500 companies reporting positive earnings surprises and the magnitude of earnings surprises were above their 10-year averages.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.benzinga.com/news/earnings/24/04/38481553/will-earnings-cheer-continue-to-buoy-markets-apple-amazon-pfizer-coinbase-lead-flurry-of-q1-reports","is_publish_highlight":false,"gpt_icon":0},{"id":"2430564270","title":"She Owns Several Showstopping Cars. This Rare Ferrari Comes First. -- WSJ","url":"https://stock-news.laohu8.com/highlight/detail?id=2430564270","media":"Dow Jones","top":-1,"share":"https://ttm.financial/m/news/2430564270?lang=en_us&edition=fundamental","pubTime":"2024-04-28 20:00","pubTimestamp":1714305600,"startTime":"0","endTime":"0","summary":"By A.J. Baime | Photographs by Jeffrey Rose for The Wall Street Journal. Anne Brockinton Lee, a former advertising executive who is a Reno, Nev., resident, on her 1956 Ferrari 250 GT Boano Cabriolet, as told to A.J. Baime.My late husband, Robert \"Bob\" Lee, had just finished his first safari in Africa in 1955, and was traveling through Italy on his way back to New York. He was in his 20s and traveling with an Italian girlfriend, and they were in the city of Modena. Bob was thinking: \"Modena...isn't this where they make Ferraris?\" He asked and was told no. Ferraris were built in Maranello, nearby. But the Ferrari service garage was in Modena, right up the street. So Bob went there.Bob brought a check, along with his mom, and that day, they took the car on a test drive down Park Avenue. Ch","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"gpt_icon":0},{"id":"2430752463","title":"Review & Preview: Viking IPO: Selling Luxe -- Barron's","url":"https://stock-news.laohu8.com/highlight/detail?id=2430752463","media":"Dow Jones","top":-1,"share":"https://ttm.financial/m/news/2430752463?lang=en_us&edition=fundamental","pubTime":"2024-04-27 09:30","pubTimestamp":1714181400,"startTime":"0","endTime":"0","summary":"Viking Cruises turned European river travel into a lucrative business by catering to affluent older Americans interested in culture, art, and history. As Viking's tagline says, \"Exploring the World in Comfort.\" Now, parent Viking Holdings plans to go public on May 1, selling 44 million shares, raising $1 billion, and valuing the company at some $10 billion.The Viking experience is the antithesis of the boozy fun marketed by big cruise lines on massive ships. Prices are higher. No children under 18 are allowed on Viking vessels -- 55+ is the focus on river cruises -- and no casinos. Founded in 1997, Viking became synonymous with European river travel through shrewd marketing, notably sponsoring PBS' Masterpiece Theater and its hit series Downton Abbey. Viking now operates 92 vessels, including 58 of its flat, river long-ships carrying 190 passengers each. It moved into the ocean market in 2015.","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"gpt_icon":0},{"id":"2430755696","title":"Viking Sails Luxury Cruising to an IPO -- Barrons.com","url":"https://stock-news.laohu8.com/highlight/detail?id=2430755696","media":"Dow Jones","top":-1,"share":"https://ttm.financial/m/news/2430755696?lang=en_us&edition=fundamental","pubTime":"2024-04-27 07:44","pubTimestamp":1714175040,"startTime":"0","endTime":"0","summary":"Viking Cruises turned European river travel into a lucrative business by catering to affluent older Americans interested in culture, art, and history. As Viking's tagline says, \"Exploring the World in Comfort.\" Now, parent Viking Holdings plans to go public on May 1, selling 44 million shares, raising $1 billion, and valuing the company at some $10 billion.The Viking experience is the antithesis of the boozy fun marketed by big cruise lines on massive ships. Prices are higher. No children under 18 are allowed on Viking vessels -- 55+ is the focus on river cruises -- and no casinos. Founded in 1997, Viking became synonymous with European river travel through shrewd marketing, notably sponsoring PBS' Masterpiece Theater and its hit series Downton Abbey. Viking now operates 92 vessels, including 58 of its flat, river long-ships carrying 190 passengers each. It moved into the ocean market in 2015.","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"gpt_icon":0},{"id":"2430826312","title":"ETHARA: FORMULA 1 ETIHAD AIRWAYS ABU DHABI GRAND PRIX PROMISES BIGGEST RACE WEEKEND YET THIS DECEMBER AS SPORT CONTINUES ITS EXPONENTIAL GLOBAL GROWTH","url":"https://stock-news.laohu8.com/highlight/detail?id=2430826312","media":"StreetInsider","top":-1,"share":"https://ttm.financial/m/news/2430826312?lang=en_us&edition=fundamental","pubTime":"2024-04-25 22:36","pubTimestamp":1714055760,"startTime":"0","endTime":"0","summary":"ABU DHABI, United Arab Emirates, April 25, 2024 /PRNewswire/ -- Ethara, the organiser of the Formula 1 Etihad Airways Abu Dhabi Grand Prix 2024 is gearing up to deliver its most exhilarating race weekend ever on December 6-8, with excitement levels hitting fever pitch at the pre-event launch on Tuesday night at Louvre Abu Dhabi.As part of F1 fan experience enhancements, racegoers will get the opportunity to run the iconic Yas Marina Circuit for the first time on Thursday December 5 ahead of the season finale. The Run #AbuDhabiGP initiative reinforces Ethara's commitment to a healthy and active community, building on its regular weekly TrainYAS activity which has seen over a million participants come to the circuit since its inception.Meanwhile, multi-platinum and Grammy Award-winning rock band Muse will perform at the FORMULA 1 ETIHAD AIRWAYS ABU DHABI GRAND PRIX 2024, the region's largest sport and entertainment event, Ethara and Live Nation jointly announced earlier this week at a VI","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.streetinsider.com/dr/news.php?id=23116325","is_publish_highlight":false,"gpt_icon":0},{"id":"2430605734","title":"HP become Ferrari chief partner as F1 team change name","url":"https://stock-news.laohu8.com/highlight/detail?id=2430605734","media":"cityam","top":-1,"share":"https://ttm.financial/m/news/2430605734?lang=en_us&edition=fundamental","pubTime":"2024-04-25 03:10","pubTimestamp":1713985859,"startTime":"0","endTime":"0","summary":"SHANGHAI, CHINA – APRIL 21: Charles Leclerc of Monaco driving the  Ferrari SF-24 makes a pitstop during the F1 Grand Prix of China at Shanghai International Circuit on April 21, 2024 in Shanghai, China.  The iconic Prancing Horse of Ferrari’s F1 team will now be known as Scuderia Ferrari HP after announcing a new title partnership deal with Hewlett Packard.The tech firm will feature on Ferrari branding from the next Grand Prix, in Miami next week, and is understood to be worth well over 50 per cent of the current $135m budget cap.“Our founder passed on to us his continuous will to progress. From this stems our drive to innovate on the road and on the track, as well as our commitment to a sustainable future, from carbon neutrality to the education of the younger generation,” said Ferrari CEO Benedetto Vigna.The deal is being seen as a sign of Ferrari’s increased commercial appeal after signing up seven-time world champion Lewis Hamilton from next year.","market":"fut","thumbnail":"https://www.cityam.com/wp-content/uploads/2024/04/GettyImages-2149503311.jpg?w=400&h=225&crop=1","type":0,"news_type":0,"thumbnails":["https://www.cityam.com/wp-content/uploads/2024/04/GettyImages-2149503311.jpg?w=400&h=225&crop=1"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.cityam.com/hp-become-ferrari-chief-partner-as-f1-team-change-name/","is_publish_highlight":false,"gpt_icon":0},{"id":"2430346984","title":"Ferrari Revs Up Partnership with HP Inc.","url":"https://stock-news.laohu8.com/highlight/detail?id=2430346984","media":"TIPRANKS","top":-1,"share":"https://ttm.financial/m/news/2430346984?lang=en_us&edition=fundamental","pubTime":"2024-04-25 00:57","pubTimestamp":1713977828,"startTime":"0","endTime":"0","summary":"Ferrari NV (IT:RACE) has released an update. Ferrari N.V. has announced a significant multiyear partnership with technology giant HP Inc., a collab...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/company-announcements/ferrari-revs-up-partnership-with-hp-inc?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.tipranks.com/news/company-announcements/ferrari-revs-up-partnership-with-hp-inc?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"gpt_icon":0},{"id":"2430246181","title":"MOD or RACE: Which Is the Better Value Stock Right Now?","url":"https://stock-news.laohu8.com/highlight/detail?id=2430246181","media":"Zacks","top":-1,"share":"https://ttm.financial/m/news/2430246181?lang=en_us&edition=fundamental","pubTime":"2024-04-24 23:40","pubTimestamp":1713973207,"startTime":"0","endTime":"0","summary":"Investors interested in Automotive - Original Equipment stocks are likely familiar with Modine  and Ferrari . But which of these two stocks is more attractive to value investors?We'll need to take a closer look to find out.Modine and Ferrari are sporting Zacks Ranks of #2  and #3 , respectively, right now. Investors should feel comfortable knowing that MOD likely has seen a stronger improvement to its earnings outlook than RACE has recently. But this is just one piece of the puzzle for value investors.MOD currently has a forward P/E ratio of 23.07, while RACE has a forward P/E of 51.10. We also note that MOD has a PEG ratio of 0.68. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. RACE currently has a PEG ratio of 3.25.","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/xopQugjeNyS1VO21qlHkcQ--~B/aD02NzU7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/3cb5117fc22f5e37890d1860dcd61f9f","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/xopQugjeNyS1VO21qlHkcQ--~B/aD02NzU7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/3cb5117fc22f5e37890d1860dcd61f9f"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/mod-race-better-value-stock-154007844.html","is_publish_highlight":false,"gpt_icon":0},{"id":"2429245230","title":"Ferrari strikes multi-year partnership with HP for Formula One team sponsorship","url":"https://stock-news.laohu8.com/highlight/detail?id=2429245230","media":"Reuters","top":-1,"share":"https://ttm.financial/m/news/2429245230?lang=en_us&edition=fundamental","pubTime":"2024-04-24 22:34","pubTimestamp":1713969240,"startTime":"0","endTime":"0","summary":"MILAN, April 24 (Reuters) - Ferrari    has signed a multi-year partnership with HP   , making the world's second-largest PC vendor the new so-called title sponsor of Ferrari's motor racing team, inclu","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_publish_highlight":false,"gpt_icon":0},{"id":"2429458137","title":"BRIEF-Ferrari Enters Into Partnership Deal With HP","url":"https://stock-news.laohu8.com/highlight/detail?id=2429458137","media":"Reuters","top":-1,"share":"https://ttm.financial/m/news/2429458137?lang=en_us&edition=fundamental","pubTime":"2024-04-24 20:39","pubTimestamp":1713962383,"startTime":"0","endTime":"0","summary":"April 24 (Reuters) - Ferrari NV   :   * SIGNS PARTNERSHIP DEAL WITH HP   * HP BRAND WILL BE PRESENT ON THE RACING PROPERTY OF SCUDERIA FERRARIFurther company coverage:    (Reporting by Gdansk Newsroom)((gdansk.newsroom@thomsonreuters.com; +48587720920;))","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_publish_highlight":false,"gpt_icon":0},{"id":"2429458689","title":"Ferrari And HP Announce a Title Partnership","url":"https://stock-news.laohu8.com/highlight/detail?id=2429458689","media":"StreetInsider","top":-1,"share":"https://ttm.financial/m/news/2429458689?lang=en_us&edition=fundamental","pubTime":"2024-04-24 20:34","pubTimestamp":1713962040,"startTime":"0","endTime":"0","summary":"Iconic companies join forces, underlining shared brand values and commitment to performance, innovation, excellence, and trust.Ferrari will deploy advanced HP technology and services, including adapti","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.streetinsider.com/dr/news.php?id=23107048","is_publish_highlight":false,"gpt_icon":0},{"id":"2429458521","title":"Ferrari enters into a partnership agreement with HP","url":"https://stock-news.laohu8.com/highlight/detail?id=2429458521","media":"StreetInsider","top":-1,"share":"https://ttm.financial/m/news/2429458521?lang=en_us&edition=fundamental","pubTime":"2024-04-24 20:34","pubTimestamp":1713962040,"startTime":"0","endTime":"0","summary":"Maranello , April 24, 2024 – Ferrari N.V.  announces that Ferrari S.p.A., wholly-owned Italian subsidiary of Ferrari N.V., today has signed a multiyear partnership agreement with HP Inc. , through which its brand will appear on racing properties of Scuderia Ferrari.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.streetinsider.com/dr/news.php?id=23107049","is_publish_highlight":false,"gpt_icon":0},{"id":"2429417663","title":"Kepler Capital  Keeps Their Hold Rating on Ferrari (RACE)","url":"https://stock-news.laohu8.com/highlight/detail?id=2429417663","media":"TIPRANKS","top":-1,"share":"https://ttm.financial/m/news/2429417663?lang=en_us&edition=fundamental","pubTime":"2024-04-24 09:45","pubTimestamp":1713923126,"startTime":"0","endTime":"0","summary":"Kepler Capital analyst Thomas Besson maintained a Hold rating on Ferrari (RACE – Research Report) on April 22 and set a price target of €400.00. Th...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/blurbs/kepler-capital-keeps-their-hold-rating-on-ferrari-race?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["earning"],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.tipranks.com/news/blurbs/kepler-capital-keeps-their-hold-rating-on-ferrari-race?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"gpt_icon":0},{"id":"2429493421","title":"Ferrari Challenge Europe Set to Thrill at Mugello with Laura Villars Among Competitors","url":"https://stock-news.laohu8.com/highlight/detail?id=2429493421","media":"StreetInsider","top":-1,"share":"https://ttm.financial/m/news/2429493421?lang=en_us&edition=fundamental","pubTime":"2024-04-24 03:02","pubTimestamp":1713898920,"startTime":"0","endTime":"0","summary":"New York, New York--(Newsfile Corp. - April 23, 2024) - Ferrari Challenge Europe is set for an exciting race at the Mugello Circuit, with notable participant Laura Villars among the lineup. Scheduled ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.streetinsider.com/dr/news.php?id=23102862","is_publish_highlight":false,"gpt_icon":0},{"id":"2429114350","title":"Press Release: SergeFerrari Group: 2024 First-Quarter Revenues of EUR73.5 million","url":"https://stock-news.laohu8.com/highlight/detail?id=2429114350","media":"Dow Jones","top":-1,"share":"https://ttm.financial/m/news/2429114350?lang=en_us&edition=fundamental","pubTime":"2024-04-23 23:45","pubTimestamp":1713887100,"startTime":"0","endTime":"0","summary":"--  Appointment of Emmanuelle Sarrabay to the Executive Board. SergeFerrari Group  , a leading global supplier of innovative flexible composite materials, listed on Euronext Paris -- Compartment C, today announces its revenues for Q1 2024.Sébastien Baril, SergeFerrari Group's Chairman of the Executive Board, stated: \"As anticipated, our core activities continued to suffer during the first quarter. In this context, we are reinforcing the activation of the various levers of the Transform 2025 plan to improve the Group's profitability profile. The launch of the plan in 2023 has already enabled us to achieve its first effects, and we intend to deploy the remaining measures and bring them to their full potential throughout 2024. Alongside these initiatives is the Group's constant commitment to addressing the environmental issues impacting its technologies.\".              Q1 2024  Q1 2023   exchange rates   exchange rates. Total revenues              73,462   84,823       - 13.4%          - ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"gpt_icon":0},{"id":"2429919980","title":"Volkswagen holds keys to Porsche's race against Ferrari","url":"https://stock-news.laohu8.com/highlight/detail?id=2429919980","media":"StreetInsider","top":-1,"share":"https://ttm.financial/m/news/2429919980?lang=en_us&edition=fundamental","pubTime":"2024-04-23 20:10","pubTimestamp":1713874200,"startTime":"0","endTime":"0","summary":"MILAN  - Porsche AG's ability to close a hefty valuation discount to top rival Ferrari could hinge on whether its main owner, Volkswagen, is prepared to take a step back, giving the German sports car maker more freedom to cut costs and shape its future.The maker of the iconic 911 has started the seventh quarter since its listing with a discount to Ferrari on a price-to-earnings  basis just off a record 69%, disappointing hopes it could command a luxury-like valuation.2024 is shaping up to be a transition year, as Porsche AG launches several new models, keeping a lid on margins ahead of a more promising 2025 for the company that is 75.4% owned by Volkswagen.Securing more autonomy from Volkswagen could be key, some analysts and money managers say, particularly if that addressed the companies' complex governance dealings.Some analysts, including at HSBC, have pointed out that a direct comparison is difficult, as Porsche AG is not a pure luxury play like Ferrari. Both, however, are symbols","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.streetinsider.com/dr/news.php?id=23099910","is_publish_highlight":false,"gpt_icon":0},{"id":"2429607195","title":"Ford Doesn't Have a Ferrari Division, but Ford Pro Could Be a Stock Catalyst -- Barrons.com","url":"https://stock-news.laohu8.com/highlight/detail?id=2429607195","media":"Dow Jones","top":-1,"share":"https://ttm.financial/m/news/2429607195?lang=en_us&edition=fundamental","pubTime":"2024-04-23 19:46","pubTimestamp":1713872760,"startTime":"0","endTime":"0","summary":"Ford Motor has a Ferrari inside of it. The bigger it grows the harder it will be for investors to ignore.No, Ford doesn't have a dominant ultraluxury car brand that generates operating-profit margins north of 25% with regularity -- like Ferrari. Although the $300,000 Mustang GTD is a very cool car.The business inside of Ford that deserves more attention is Ford's commercial business Ford Pro, where recent success highlights the growing benefits of vehicle connectivity and software as a new source of sales and earnings for the 120-year-old auto maker.Combining connectivity, subscription sales, and service is meant to create a less-cyclical business with operating-profit growth at a midteens percentage annual rate for the coming few years. Not bad, but not Ferrari, which grew operating profit about 17% a year on average for the past decade. Wall Street expects Ferrari to show about 11% average annual growth for the coming few years, according to FactSet","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"gpt_icon":0},{"id":"2429509351","title":"Morgan Stanley Sticks to Their Buy Rating for Ferrari (RACE)","url":"https://stock-news.laohu8.com/highlight/detail?id=2429509351","media":"TIPRANKS","top":-1,"share":"https://ttm.financial/m/news/2429509351?lang=en_us&edition=fundamental","pubTime":"2024-04-23 16:15","pubTimestamp":1713860109,"startTime":"0","endTime":"0","summary":"In a report released yesterday, Adam Jonas from Morgan Stanley maintained a Buy rating on Ferrari (RACE – Research Report), with a price target of ...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/blurbs/morgan-stanley-sticks-to-their-buy-rating-for-ferrari-race?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.tipranks.com/news/blurbs/morgan-stanley-sticks-to-their-buy-rating-for-ferrari-race?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"gpt_icon":0}],"profile":{"websiteUrl":"http://www.ferrari.com","stockEarnings":[{"period":"1week","weight":0.0338},{"period":"1month","weight":-0.038},{"period":"3month","weight":0.2419},{"period":"6month","weight":0.4165},{"period":"1year","weight":0.5183},{"period":"ytd","weight":0.2483}],"compareEarnings":[{"period":"1week","weight":0.0265},{"period":"1month","weight":-0.0285},{"period":"3month","weight":0.0428},{"period":"6month","weight":0.2376},{"period":"1year","weight":0.2324},{"period":"ytd","weight":0.0693}],"compareStock":{"symbol":"SPY","name":"SPDR S&P 500 ETF Trust"},"description":"Ferrari N.V., through its subsidiaries, engages in design, engineering, production, and sale of luxury performance sports cars worldwide. The company offers range, special series, Icona, and supercars; limited edition supercars and one-off cars; and track cars. It also provides racing cars, and spare parts and engines, as well as after sales, repair, maintenance, and restoration services for cars; and licenses its Ferrari brand to various producers and retailers of luxury and lifestyle goods. In addition, the company operates Ferrari museums in Modena and Maranello; Il Cavallino restaurant in Maranello; and theme parks in Abu Dhabi and Spain. Further, it provides direct or indirect finance and leasing services to retail clients and dealers; manages racetracks; develops and sells a range of apparel and accessories; and operates franchised and owned Ferrari stores. The company also sells its products through a network of authorized dealers operating points of sale, as well as through its website. Ferrari N.V. was founded in 1947 and is headquartered in Maranello, Italy.","yearOnYearQuotes":[{"month":1,"riseRate":0.666667,"avgChangeRate":0.035731},{"month":2,"riseRate":0.555556,"avgChangeRate":0.015096},{"month":3,"riseRate":0.777778,"avgChangeRate":0.040182},{"month":4,"riseRate":0.777778,"avgChangeRate":0.016027},{"month":5,"riseRate":0.625,"avgChangeRate":0.028944},{"month":6,"riseRate":0.5,"avgChangeRate":0.022399},{"month":7,"riseRate":0.625,"avgChangeRate":0.070622},{"month":8,"riseRate":0.375,"avgChangeRate":0.012873},{"month":9,"riseRate":0.25,"avgChangeRate":-0.018583},{"month":10,"riseRate":0.75,"avgChangeRate":0.022842},{"month":11,"riseRate":0.666667,"avgChangeRate":0.049319},{"month":12,"riseRate":0.333333,"avgChangeRate":-0.005504}],"exchange":"NYSE","name":"Ferrari NV","nameEN":"Ferrari NV"},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"pagemeta":{"title":"Ferrari NV(RACE),Stock Price, Discussion, News, Quote & History - To The Moon - Tiger Brokers Online Investing Community","description":"Find the latest Ferrari NV(RACE) stock quote, history, news, and investing ideas from To The Moon - Tiger Brokers Online Investing Community to stay on top of the markets.","keywords":"Ferrari NV,RACE,Ferrari NV股票,Ferrari NV股票老虎,Ferrari NV股票老虎国际,Ferrari NV行情,Ferrari NV股票行情,Ferrari NV股价,Ferrari NV股市,Ferrari NV股票价格,Ferrari NV股票交易,Ferrari NV股票购买,Ferrari NV股票实时行情,购买美股,购买港股,港股开户,美股开户,美股交易,港股交易,开通美港股账户,老虎国际行情","social":{"og_title":"Ferrari NV(RACE),Stock Price, Discussion, News, Quote & History - To The Moon - Tiger Brokers Online Investing Community","og_description":"Find the latest Ferrari NV(RACE) stock quote, history, news, and investing ideas from To The Moon - Tiger Brokers Online Investing Community to stay on top of the markets.","og_image":"https://community-static.tradeup.com/news/9b6dafd60190235ae8e2c95f52c583a0"}}}

Introduction