The luxury supercar maker still has a bright future.Ferrari (RACE -0.74%), one of the world's most well-known luxury supercar makers, went public at $52 on Oct. 21, 2015. The stock now trades at about $474 -- so a $10,000 investment would have blossomed into more than $91,000 in just under nine years.But can this hot auto stock head even higher over the next decade?An evergreen business modelMost of Ferrari's vehicles cost $200,000 to $600,000, so it mainly serves extremely wealthy customers who are well in ...

aranello (Italy), September 2, 2024 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 250 million share buyback program announced on June 28, 2024, as the fifth tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in line with the disclosure made during the 2022 Capital Markets Day (the “Fifth Tranche”), the additional common shares - reported in aggregate form, on a daily basis - on ...

Maranello, August 30, 2024 - Ferrari N.V. (NYSE/ EXM: RACE) (‘Ferrari’ or the ‘Company’) announces the termination of the partnership between Ferrari S.p.A., its wholly-owned subsidiary, and Santander, effective as of December 31st, of 2024 since the committed three-year contract will end. The partnership, which began in January 2022 after a previous collaboration from 2010 to 2017, saw Santander alongside our Company in the sporting activities of the Prancing Horse. Santander has been Premium Partner of Sc ...

These three stocks represent luxury brands that are great for growing your wealth over the long term.Some people love to purchase luxury brands to pamper themselves, from luxury apparel and handbags to scarfs and shoes. Many of the companies that make them enjoy consistent patronage and can make for solid growth stocks you can buy and own for the long term.Such businesses have solid reputations that endow them with strong brand recognition and customer loyalty. Grouped under consumer discretionary, stocks w ...

This business looks more like a luxury brand than a typical car maker.Investors might be inclined to look at past winners to find potentially lucrative stock options to own going forward. Winners will keep on winning, as the thinking goes.Ferrari (RACE 4.88%), one of the world's leading manufacturers of supercars, has certainly supercharged shareholder returns. In the past five years, this phenomenal auto stock has soared 166% (as of Aug. 9), beating the broader S&P 500 by a mile.But is it too late to add F ...

公司投资评级 - 报告未明确提及具体的投资评级 [缺失] 报告的核心观点 - 法拉利（RACE）2024年第二季度业绩表现强劲，营收和净利润均实现同比增长 [3][4] - 公司通过产品组合优化和个性化需求增长推动营收增长，同时保持高盈利能力 [4][5] - 公司在新车型推出、混动车市场份额提升以及工厂现代化方面取得进展 [5][6][7] 根据相关目录分别进行总结 财务情况 - 2024年第二季度营收达到17亿欧元，同比增长16%，净利润为4.13亿欧元 [4] - EBITDA为6.7亿欧元，EBITDA利润率达到39% [4] 销量情况 - 2024年第二季度销量同比增长92台，混动车市场份额达到48% [5] - 欧洲、中东非洲、美洲和亚太地区的交付量增加，中国地区的交付量减少 [5] 工厂情况 - 公司完成了e-building工厂的建设，将用于生产燃油、混动和纯电车型 [6] 其他业务 - 个性化业务占汽车和零部件业务营收的20% [7] - 赞助、商业和品牌收入增加，得益于赛车相关的新赞助和改善生活方式的活动 [7] - 其他收入几乎持平，金融服务业务的贡献有所增加，但被玛莎拉蒂合同到期所抵消 [7]

报告评级 - 报告给予法拉利"增持"评级 [2] 报告核心观点 - 法拉利定位全球超豪华汽车制造商,拥有悠久的历史及文化传承,在技术、设计、创新及品牌经营管理能力方面领先行业,持续享有估值溢价 [10] - 2024Q2公司业绩超预期,营收同比增长16%,调整后净利润同比增长24% [10] - 产品和区域交付组合持续优化,其中Purosangue、Roma Spider和296 GTS是主力交付车型 [10] - 公司上调了2024年全年业绩指引,预计营收、利润率和每股收益均有较大幅度提升 [10] 财务数据总结 - 2023-2026年营业收入和归母净利润均保持9%以上的增长 [12] - 毛利率维持在50%左右,ROE在36%-41%之间 [12] - 2024-2026年PE分别为49.1x、43.7x、38.6x [12]

gremlin Ferrari (NYSE:RACE) reported its second quarter results and, as usual, demolished expectations and raised guidance. Although it might sound cynical for a company that's trading at a multiple in the mid-forties, I believe Ferrari is vastly underappreciated by the market, and even more by consensus analysts. Let's unpack that claim, and explain why I view Ferrari as a must-have holding in a concentrated portfolio. Introduction I've been covering Ferrari on Seeking Alpha since March of last year. A ...

At the moment, the concept of acquiring auto stocks might seem counterproductive. After all, the consumer economy is struggling under the weight of inflation and high borrowing costs. Also, the labor market appears to be softening somewhat, leading to concerns of overall viability. Nevertheless, the industry – particularly entities within the legacy framework – may offer surprisingly positive results for stakeholders.Part of the enthusiasm comes down to the political realm. Right now, we’re in the middle of ...

文章核心观点 - 法拉利公司2024年收入预期超过65.5亿欧元,高于此前预期的64亿欧元 [1][3] - 法拉利第二季度交付3,484辆汽车,同比增长2.7%,超过分析师预期 [1][4] - 法拉利CEO表示,业绩增长得益于产品组合的丰富化和定制需求的增加 [1][5] 根据相关目录分别进行总结 财务数据 - 法拉利第二季度收入同比增长16.2%至17.1亿欧元,超过分析师预期的16亿欧元 [4] - 法拉利将2024年调整后每股收益预期从至少7.5欧元上调至至少7.9欧元 [3] 销量数据 - 法拉利第二季度交付3,484辆汽车,同比增长2.7%,超过分析师预期的3,471辆 [4] - 法拉利Purosangue、Roma Spider和296 GTS车型在本季度领导了交付量 [5]