Added to YB: 2024-04-15
Pitch date: 2024-04-10
RACE [bullish]
Ferrari N.V.
-11.35%
current return
Author Info
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Company Info
Ferrari N.V., through its subsidiaries, engages in design, engineering, production, and sale of luxury performance sports cars worldwide.
Market Cap
EUR 62.5B
Pitch Price
EUR 414.12
Price Target
N/A
Dividend
0.85%
EV/EBITDA
26.80
P/E
39.25
EV/Sales
9.04
Sector
Automobiles
Category
growth
Show full summary:
ClearBridge International Growth EAFE Strategy New Position: Ferrari N.V.
RACE: Secular grower targeting ultra wealthy buyers less sensitive to price. Benefits from mix shift to more expensive models & margin expansion potential as it moves to lower capex EVs long-term.
Read full article (1 min)