Ferrari NV's fundamentals are relatively very healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 29 out of 69 in the Automobiles & Auto Parts industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 453.96.In the medium term, the stock price is expected to trend down.Despite a weak stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Ferrari NV is 9.46, ranking 2 out of 69 in the Automobiles & Auto Parts industry. Its financial status is robust, and its operating efficiency is high. Its latest quarterly revenue reached 1.54B, representing a year-over-year increase of 2.24%, while its net profit experienced a year-over-year increase of 2.99%.
Key Metrics
The current valuation score of Ferrari NV is 4.92, ranking 67 out of 69 in the Automobiles & Auto Parts industry. Its current P/E ratio is 44.14, which is 59.09% below the recent high of 70.22 and 0.18% above the recent low of 44.05.
The current earnings forecast score of Ferrari NV is 7.29, ranking 36 out of 69 in the Automobiles & Auto Parts industry. The average price target is 457.00, with a high of 563.00 and a low of 345.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Ferrari NV is 6.76, ranking 46 out of 69 in the Automobiles & Auto Parts industry. Currently, the stock price is trading between the resistance level at 367.43 and the support level at 320.35, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Automobiles & Auto Parts domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Ferrari NV is 7.08, ranking 25 out of 69 in the Automobiles & Auto Parts industry. The company's beta value is 0.76. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets.
