RACE

Ferrari N.V.

Industrial/Transportation


Presented:04/08/2020
Price:$154.01
Cap:$27.20B
Current Price:$470.77
Cap:$84.62B

Presented

Date04/08/2020
Price$154.01
Market Cap$27.20B
Ent Value$32.26B
P/E Ratio36.92x
Book Value$8.97
Div Yield0.75%
Shares O/S176.64M
Ave Daily Vol649,148
Short Int13.06%

Current

Price$470.77
Market Cap$84.62B
Ferrari NV is a holding company. It manufactures luxury sports cars. The firm's models include the F12Berlinetta, 488GTB, 488 Spider, 458 Speciale, California T, the LaFerrari Hybrid, LaFerrari and the FF four-wheel drive. It participates in car racing such as Formula One. The company was founded by Enzo Anselmo Ferrari in 1939 and is headquartered in Maranello, Italy.

Publicly traded companies mentioned herein: Ferrari NV (RACE)

Highlights

The presenter is short shares of Ferrari (RACE), as he believes the company is not as recession-proof as most bulls believe, and should see damage to its brand due in part to a large uptick in unit volume sales. He also finds that comparing the company to other luxury goods companies may not be the appropriate way to value it.

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Idea Discussion

Commentor 1 - 2 weeks ago

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