FERRARI N V

  • TickerRACEN
  • ISINNL0011585146
  • ExchangeMexican Stock Exchange
  • SectorAutomobiles & Parts
  • CountryNetherlands

Analysts

Ferrari – Proxinvest Corporate Governance Rating ® : D

Proxinvest Corporate Governance Rating ® helps investors integrate governance into their investment decision and identify governance risks and opportunities within their portfolio. Proxinvest Corporate Governance Rating ® Service rates European issuers through the analysis of four main themes : Ownership & Shareholder rights, Board & Committees, Audit & Process, Remuneration. Each theme is rated taking into account several comprehensive sub-categories. Our unique two-step process to achieve each rating includes a first step quantitative valuation and a second step qualitative filter...

ValuEngine Rating and Forecast Report for RACE

ValuEngine Rating and Forecast Report for RACE

ValuEngine Rating and Forecast Report for RACE

ValuEngine Rating and Forecast Report for RACE

Marnik Hinnekens

Credit Update - Ferrari – Achat (+)

Ferrari – Achat (+)NR / TP rating : BBB Ferrari continue d’afficher une solide progression de sa rentabilité avec une marge opérationnelle de 22,5% (+2,7 pts). Le groupe nous semble en ligne avec une solide note BBB.

Jean-Louis Sempé

INVEST SECURITIES - FERRARI : Le groupe rassure après un fort 4ème trimestre - ACHAT, OC 126€ (vs 123€)

Richard Hilgert

Morningstar | Ferrari Posts Another Record Year; EUR 62 FVE Maintained

Wide-moat-rated Ferrari, Formula 1 racer and maker of ultraluxury and exotic sports cars, reported earnings per share before special items of EUR 3.40, EUR 0.20 better than the sell-side consensus, and EUR 0.58 higher than the year-ago EPS result. Revenue was just 0.1% higher at EUR 3.4 billion on a 10% increase in unit volume, while EBITDA grew 8% to EUR 1.114 billion for margin expansion of 230 basis points to an impressive 32.6% versus the prior year. Excluding negative currency translation, revenue would have been 3.2% higher. We have consistently reminded investors that, like the rich he...

Richard Hilgert

Morningstar | Ferrari Posts Another Record Year; EUR 62 FVE Maintained

Wide-moat-rated Ferrari, Formula 1 racer and maker of ultraluxury and exotic sports cars, reported earnings per share before special items of EUR 3.40, EUR 0.20 better than the sell-side consensus, and EUR 0.58 higher than the year-ago EPS result. Revenue was just 0.1% higher at EUR 3.4 billion on a 10% increase in unit volume, while EBITDA grew 8% to EUR 1.114 billion for margin expansion of 230 basis points to an impressive 32.6% versus the prior year. Excluding negative currency translation, revenue would have been 3.2% higher. We have consistently reminded investors that, like the rich he...

Richard Hilgert

Ferrari Posts Another Record Year; EUR 62 FVE Maintained

Wide-moat-rated Ferrari, Formula 1 racer and maker of ultraluxury and exotic sports cars, reported earnings per share before special items of EUR 3.40, EUR 0.20 better than the sell-side consensus, and EUR 0.58 higher than the year-ago EPS result. Revenue was just 0.1% higher at EUR 3.4 billion on a 10% increase in unit volume, while EBITDA grew 8% to EUR 1.114 billion for margin expansion of 230 basis points to an impressive 32.6% versus the prior year. Excluding negative currency translation, ...

Richard Hilgert

Ferrari Posts Another Record Year; EUR 62 FVE Maintained

Wide-moat-rated Ferrari, Formula 1 racer and maker of ultraluxury and exotic sports cars, reported earnings per share before special items of EUR 3.40, EUR 0.20 better than the sell-side consensus, and EUR 0.58 higher than the year-ago EPS result. Revenue was just 0.1% higher at EUR 3.4 billion on a 10% increase in unit volume, while EBITDA grew 8% to EUR 1.114 billion for margin expansion of 230 basis points to an impressive 32.6% versus the prior year. Excluding negative currency translation, ...

Four Directors sold 817 shares at 75.900USD.

Four Directors at Ferrari Nv sold 817 shares at 75.900USD. The significance rating of the trade was 68/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of board...

ValuEngine Rating and Forecast Report for RACE

ValuEngine Rating and Forecast Report for RACE

ValuEngine Rating and Forecast Report for RACE

ValuEngine Rating and Forecast Report for RACE

ValuEngine Rating and Forecast Report for RACE

ValuEngine Rating and Forecast Report for RACE

ValuEngine Rating and Forecast Report for RACE

ValuEngine Rating and Forecast Report for RACE

ValuEngine Rating and Forecast Report for RACE

ValuEngine Rating and Forecast Report for RACE

Ferrari – Proxinvest Corporate Governance Rating ® : D

Proxinvest Corporate Governance Rating ® helps investors integrate governance into their investment decision and identify governance risks and opportunities within their portfolio. Proxinvest Corporate Governance Rating ® Service rates European issuers through the analysis of four main themes : Ownership & Shareholder rights, Board & Committees, Audit & Process, Remuneration. Each theme is rated taking into account several comprehensive sub-categories. Our unique two-step process to achieve each rating includes a first step quantitative valuation and a second step qualitative filter...

Expert Corporate Governance Service (ECGS)

FERRARI N V - Proxy report- 07/09/2018

The EGM (item 2) is called to ratify the appointment of Mr. Louis Camilleri as Group CEO, in place of Mr. Sergio Marchionne, who died on July 25. The positions of Chairman and CEO were formally separated after the death of Mr. Marchionne, through appointment of Mr. John Elkann (CEO of the controlling shareholder Exor) as nonexecutive Chairman. Senior Non-Executive Director of Ferrari since 2015, Mr. Camilleri is the former Chairman-CEO of Philip Morris International (2008-2013), which he joined in 1978 and where he still serves as non-executive Chairman. He also serves as a non-executive Dire...

Expert Corporate Governance Service (ECGS)

Proxy Report - 12/04/2018

We have serious concerns over the corporate governance of Ferrari, as it does not respect the "one share one vote" principle: all shareholders that have registered their shares for more than 3 years are entitled to receive an additional voting right. The major shareholders Exor (22.9% of the share capital and 32.8% of votes) and Mr. Piero Ferrari (9.7% of shares and 15.1% of votes) jointly hold 99.96% of special voting rights. We also have serious concerns over the composition of the Board, as the Chair and CEO positions are combined, the Senior Non-Executive Director is not independent accor...

Expert Corporate Governance Service (ECGS)

Etude de l'AG du 14/04/2017

We have serious concerns over the Company's corporate governance, as it does not respect the "one vote - -one share" principle: all shareholders that have registered their shares for more than 3 years are entitled to receive an additional voting right. Although the Bylaws provide that "the chairperson of the Board of Directors shall be a nonexecutive Director" (Art. 15.2), the Board appointed Mr. Marchionne as Chairman-CEO. Furthermore, the Board appointed a non-independent Director as Senior Non-Executive Director, who should be the reference point for shareholders who wish to express concern...

Dave Nicoski ...
  • Ross LaDuke

Vermilion Short Shots: Technically Vulnerable Stocks

Short Shots is a collection of technically vulnerable charts culled from the Negative Inflecting and Toppy columns within our Weekly Compass report or from various technical screening processes. The charts contained in this report have developed concerning technical patterns that suggest further price deterioration is likely. For these reasons Short Shots can also be a great source of ideas for investors interested in short-selling candidates.

Matthieu DRIOL

Short term view - FERRARI NV : The recovery is a consolidation.

The trend is bearish. The recovery is a consolidation. The fall might resume toward €100.50. The background trend would be questioned should prices rise above €129.50.

Matthieu DRIOL

Analyse court terme - FERRARI NV : La reprise est une consolidation.

La tendance est baissière. La reprise est une consolidation. La baisse risque de reprendre jusqu'à 100,50 €. La tendance de fond serait remise en cause en cas de franchissement de 129,50 €.

Matthieu DRIOL

Short term view - FERRARI NV : Falling prices.

The trend is bearish. Prices are falling again, but the movement has become hesitant. The next support is at €100.50. The bearish trend would be challenged above €129.50.

Matthieu DRIOL

Analyse court terme - FERRARI NV : Les prix baissent.

La tendance est baissière. Les prix baissent à nouveau, mais le mouvement est devenu hésitant. Le prochain support est à 100,50 €. La tendance baissière serait remise en cause au-dessus de 129,50 €.

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