Ferrari NV
Most Recent
Is Tesla Stock Heading for a Crash?
Tesla’s stock price closed at a record high of $492 on Wednesday. While the stock gained about 74% in the fourth quarter, it has risen 18% YTD.
Will Tesla’s Musk Answer Critics with Gigafactory 3?
Tesla (TSLA) CEO Elon Musk has been prepping the company for Model 3 production and deliveries from its Gigafactory 3 in China.
How Is Tesla Stock Positioned for 2020?
Tesla stock had quite a year in 2019. Tesla went from loss to profit, and from lower deliveries to record deliveries. What lies ahead for 2020?
Why Are Analysts Divided on Tesla Stock?
Tesla (TSLA) stock has been a Wall Street favorite since the company’s earnings release. The stock is up by 49% quarter-to-date.
Tesla Goes Big on the Model Y with Another Factory
Tesla (TSLA) has gone big on the Model Y, announcing a new Gigafactory in Germany. CEO Elon Musk announced it at an award function on Tuesday.
Tesla: Oppenheimer, Tocqueville Think Its Overvalued
Is Tesla (TSLA) stock getting overvalued? This is one of the crucial questions that investors face in the current scenario.
Tesla Stock: Baillie, BlackRock, Sumitomo Raise Holdings
In the third quarter, some prominent institutions raised their stakes in Tesla stock. Here’s why it’s no surprise that institutions are grabbing the stock.
Tesla Stock: Are Bears’ Arguments Running Out?
Yesterday, Bloomberg reported that Adam Capital scrapped its short position on Tesla (TSLA). Are Tesla bears running out of arguments?
Tesla Trumps Automakers on Green Score
Tesla (Tesla) got the top score of CT-1 from Moody’s on the transition readiness to a low-carbon future. Moody’s rated automakers from CT-1 to CT-9.
Tesla Stock Surge: Who are the Winners and Losers?
Tesla (TSLA) has been on a rising spree since its earnings. In October, Tesla stock surged by 31%. The stock rose on the back of third-quarter profits.
Tesla Stock Gains Dim Einhorn’s Greenlight
Tesla stock has risen 23% since the company’s October earnings release, bringing trouble for short sellers such as David Einhorn’s Greenlight Capital.
Is Tesla Stock Staring at a 17% Downside?
Tesla is up 31% in October amid market recovery and better-than-expected earnings. However, Wall Street doesn’t seem that excited about the stock.
Ford and GM Split Over Siding with Trump
Automakers have effectively split in their support of a particular set of emission regulations, pitting large automakers Ford and GM against one another.
Tesla Stock: Is a Revenue Mix Shift Good News?
Tesla’s (TSLA) revenue mix has changed in the third quarter. Let us review whether this could bring good or bad news for Tesla stock.
Will Tesla and Volkswagen Go Head-to-Head in China?
Tesla has just begun trial production of the Model 3 at its Shanghai Gigafactory 3. However, it’s set to face stiff competition from Volkswagen.
Tesla Is Up: Why Are BOA, Bernstein Concerned?
Tesla stock rose after it reported a surprise profit in the third quarter. Several analysts have since raised their price targets, but some have concerns.
Jim Cramer: Tesla Sounded Like Ford after Q3 Earnings
Tesla (TSLA) stock has jumped 18% on its surprise profit in its Q3 results. CNBC’s Jim Cramer seemed impressed by Tesla’s Gigafactory 3 in China.
Tesla Stock: J.P. Morgan, RBC Raise Price Targets
Tesla (TSLA) stock spiked 20% after hours yesterday following its Q3 earnings release. J.P. Morgan and RBC raised their price targets on TSLA.
Big Tesla Bull Turns Short-Term Bear
In a surprising move, a bullish Tesla investor has sold massive quantities of Tesla stock this month, according to Business Insider.
Ford Stock: ValuEngine Downgrades to ‘Strong Sell’
ValuEngine has downgraded Ford Motor Company (F) stock from “sell” to “strong sell,” according to a Covington Journal report.
Auto Stocks: Pre-Q3 Valuations and Dividend Yields
Auto stocks have been slumping in October. Ford (F) and General Motors (GM) have fallen by 6.6% and 8.9%, respectively, month-to-date.
Should Ford Investors Brace for a Dividend Cut?
Ford stock has gained about 12% year-to-date as of October 8. It’s been on a downtrend, however, since it released its second-quarter earnings results.
Ford Starts Producing Its Puma Crossover
Ford started producing its electrified vehicle Ford Puma at its Craiova manufacturing site in Romania. The new Puma is a mild hybrid and SUV-inspired crossover.
Ford Stock Slump Boosts Its Dividend Yield to 6.9%
Ford Motor Company (F) stock has slumped in October. The stock also fell in September. The consistent fall in the stock has boosted its dividend yield.
Auto Industry: What Can Investors Expect from Q3 Earnings?
Auto industry stocks fell in the first week of October. Weaker third-quarter sales, lower equity markets, and recession fears hammered the stocks.
Ford Stock: Is It Staring At a 20% Downside?
Ford Motor (F) stock has fallen sharply by 4.9% in the initial few days of October. The current month’s slump follows the previous month’s drop.
General Motors Stock: Barclays Cut PT but UBS Raises It
While Barclays has cut its price target on General Motors stock from $51 to $48, UBS has raised its price target on the stock from $46 to $47.
Q3 Auto Sales: Ford Falters, GM Grows, Fiat Levels
Leading automakers Ford Motor (F), General Motors (GM), and Fiat Chrysler (FCAU) released their third-quarter US auto sales numbers yesterday.
Ford Stock: Why Did Buckingham Cut Its Target Price?
Buckingham Research Group cut its target price on Ford (F) stock from $9 to $8. The firm maintained its “neutral” rating on Ford stock.
Tesla’s China Ramp-Up Not Expected before Mid-2020
Tesla’s (TSLA) Gigafactory 3 in China is set to begin production in the next few months and ramp up to normal production levels in mid-2020.
Automakers’ Growth Outlook: F, TSLA, GM, FCAU, and RACE
Automaker stocks have seen mixed performances in September. While Ford, General Motors, Tesla, and Fiat Chrysler have risen, Ferrari has declined.
General Motors Stock Fell amid UAW Strike
General Motors’ (GM) troubles seem to be increasing. The UAW (United Automobile Workers) called for a strike, which would impact thousands of workers.
Ford Boosts Its Europe Plan with New Electric Vehicles
Ford plans to launch eight electric vehicles in Europe this year. The automaker aims to get most of its European revenue from electric cars by 2022.
F, GM, FCAU, TSLA, RACE: Automakers Tanking in Q3?
Although automakers’ stocks posted mixed performance figures in July, they slumped in August. So far in September, they have been recovering.
Ford to Sell Its Brazilian Plant to CAOA
Ford Motor Company (F) has agreed to sell its plant in São Bernardo do Campo, Brazil, to Carlos Alberto Oliveira Andrade, according to a Reuters report.
Ford Stock: Has the Short Interest Risen?
The short interest in Ford (F) stock has risen from 3.08% of its outstanding shares on July 1 to the current level of 3.14%.
Has Ferrari Stock Become Recession Proof in 2019?
Ferrari (RACE) stock has had a fantastic run this year. The stock rose by 59% year-to-date, which is highest among its peers.
GM Falls Behind Ford, Fiat on Domestic Employment
General Motors (GM) has fallen to third place on UAW (United American Workers) employment, according to Bloomberg.
Ford Stock: Why Have Analysts Started Liking It?
Analysts have started liking Ford stock. Most of the analysts still rate Ford stock as a “hold,” but more analysts like the stock.
Will Ford’s China Leadership Change Help?
Changes in Ford’s China leadership are in the wings, as Nigel Harris plans to retire after 34 years. Steven Armstrong is slated to succeed Harris.
Ford Dividend Yield Rose to 6.8%, Stock Fell
Ford’s dividend yield has risen steeply to 6.8% due to the stock’s decline. The stock fell in line with the crashing equity market.
Ford, GM, Tesla Slump as US-China Trade War Escalates
Today, the S&P 500 Index opened 0.5% lower amid reports that China would impose tariffs on $75 billion of US goods—intensifying the US-China trade war.
Ford Stock: Price Target, Valuation Compared to Peers
Ford (F) stock has slumped 5.1% in August amid criticism from President Trump, rising trade tension, and the bond yield curve inversion.
Ford: Vanguard, BlackRock, and State Street Raise Holdings
Vanguard has the highest institutional holdings in Ford. According to Reuters, Vanguard bought 3.95 million shares in the second quarter.
Why GM Stock Slumped 6.6% Last Week
General Motors slumped 6.6% from August 12 to August 16. GM stock wasn’t the only one to plunge in the week. Other auto stocks also sank.
Ford Stock Fell 5.2% Last Week amid Recession Fears
Ford stock fell 5.2% last week. The fall extended the stock’s decline to 13.3% since its second-quarter results on July 24.
Analysts’ Views on General Motors and Ford
General Motors (GM) and Ford (F) stocks have been impacted by the companies’ dull second-quarter earnings. Let’s look at what analysts think.
How Could a Recession Affect the US Auto Industry?
Auto stocks and the US equity market slumped with fresh fears of an economic recession. Today, the Dow Jones Industrial Average fell more than 600 points.
How Ford Stock Looks after Its Recent Slump
Ford Motor Company (F) has slumped 7.7% since its second-quarter earnings release on July 24. Its peers have fallen in the same period.
Why Ferrari Is Sputtering after Its Q2 Results
Ferrari (RACE) stock was down 2.4% as of 1:23 PM ET today. The luxury sports car maker reported strong second-quarter results today.
July Jobs Report: Strong Numbers amid Trade Tension
The Department of Labor released the July jobs report on Friday morning. Amid the trade tensions, the July jobs report brought relief.
Trump Reignites Trade War, July Jobs Report Today
On Thursday, President Trump announced an additional 10% tariff on the remaining $300 billion goods and products coming from China.
Auto Industry Earnings This Week: RACE, FCAU, GM
Auto industry majors Ferrari (RACE), Fiat Chrysler Automobiles (FCAU), and General Motors (GM) are all set to report their second-quarter earnings this week.
Ferrari Stock Posted New All-Time High Last Week
Italian luxury carmaker Ferrari (RACE) continued to trade on a strong bullish note last week. In the week ended June 21, its stock rose by 6.1%, registering its highest weekly gains in the last 20 weeks. Ferrari is the only auto company that has ended all months of 2019 so far in the positive territory.
Could Fiat Chrysler Rise on Acceleration of Electric Car Plan?
Last week, the Italian-American automaker Fiat Chrysler (FCAU) surged by 4.7%, much higher than its 0.5% rise in the previous week. As of June 24, Fiat Chrysler has gone up by 7.2% year-to-date, underperforming its direct peers such as General Motors (GM) and Ford (F). GM and Ford have gone up by 10.5% and 30.1% in 2019 so far.
What Could Affect Ferrari’s Valuation Multiples in Q2?
As of May 8, Ferrari’s (RACE) forward EV-to-EBITDA (enterprise value to earnings before interest, tax, depreciation, and amortization) multiple was 19.7x.
What Factors Boosted Ferrari’s Profit Margin in Q1?
In the first quarter, Ferrari (RACE) reported a 14.3% YoY rise in its adjusted EBITDA to 311 million euros.
A Look at Ferrari’s Q1 Performance in the Americas and Europe
In the first quarter, Ferrari’s (RACE) shipments to China, Taiwan, and Hong Kong surged 79.2% YoY.
Ferrari’s Q1 Report Could Help Its Stock Touch New Heights
Ferrari (RACE) is scheduled to announce its first-quarter results on May 7. On April 25, Ferrari stock settled at $135.56.
What Could Hurt Harley-Davidson’s Valuation Multiples in Q2?
On April 23, Harley-Davidson’s (HOG) forward EV-to-EBITDA (enterprise value-to-EBITDA) multiple was 12.0x.
These Auto Companies Are Set to Release Earnings This Week
This month, most auto stocks have outperformed the broader market.
NIO’s Chinese Sales Fell ~46% in January
NIO sold 1,803 car units in January 2019. The figure reflected an ~84.1% fall from the company’s car deliveries of 11,348 units in December.
NIO Stock Rose 21.4% in February
So far, 2019 is proving to be great for NIO (NIO) investors. The stock ended in the positive territory for the second consecutive month in February.
A Look at NIO’s Valuation Multiples ahead of Its Q4 Results
On February 21, 2019, NIO’s (NIO) forward PBV (price-to-book value) ratio was 35.2x based on its estimated book value for the next 12 months.
Why Ferrari Surged Over 10% following Its Q4 Results
On January 31, Italian luxury carmaker Ferrari (RACE) released its fourth-quarter and 2018 earnings results before the market opened.
Ford Beats Analysts’ Revenue Estimates But Misses on EPS in Q4
On Wednesday, after the market closed, the second-largest US automaker, Ford Motor Company (F), released its fourth-quarter and full-year 2018 earnings results.
Ford Fell More than 2% before Its Q4 Earnings Release Today
America’s second-largest automaker, Ford (F), is set to release its fourth quarter of 2018 earnings after the market closes today.
Why Analysts Are Pessimistic about Ford’s Q4 2018 Results
In the third quarter, Ford reported adjusted EPS of $0.29, ~32.6% lower than its adjusted EPS of $0.43 in the third quarter of 2017.
How Is Ford Stock Faring ahead of Its Q4 2018 Earnings Event?
Ford Motor Company (F) is set to release its fourth-quarter earnings results on January 24.
Why Tesla Fell 13% Last Week
In the week that ended on January 18, the stock of popular electric carmaker Tesla fell 13.0%, its worst weekly loss in the last 22 weeks.
3 Things Elon Musk Said Today That You Might Have Missed
Early this morning, before the market opened, Musk revealed that TSLA is reducing its full-time workforce by 7%.
Elon Musk Tries to Motivate Tesla Employees Keeping Their Jobs
This morning, CEO Elon Musk, in a post on Tesla’s official blog, announced that Tesla is laying off 7% of its full-time employees.
Here’s What Elon Musk Said to Fired Tesla Employees
January 18 is turning out to be a terrible day for Tesla (TSLA) investors.
Elon Musk’s Big Announcement on Tesla: All You Need to Know
This morning, Tesla (TSLA) made a big announcement that is likely to make its stock highly volatile today.
Why Tesla Stock Fell More than 8% on January 18
At 6:46 AM EST on January 18, Tesla (TSLA) shares fell 8.4% in the pre-market session from the previous day’s closing.
Analysts Lower Their Target Price for Ferrari
Ferrari stock (RACE) has fallen ~7.5% this month after falling 14.5% in October.
How Auto Stocks Look amid the Broader Market Sell-Off
In the week that ended on November 16, the broader market turned negative again, erasing most of its post-midterm election gains.
How Are Analysts Rating Ferrari Stock after Q3 Results?
45% of analysts covering Ferrari (RACE) gave its stock “buy” recommendations.
How Ferrari’s Valuation Multiples Look at the Start of Q4
As of November 5, Ferrari’s (RACE) forward EV-to-EBITDA multiple was 16.9x.
A Look at Ferrari’s Q3 Performance in the Americas and Europe
In the third quarter, Ferrari reported shipments of about 1,005 car units to the EMEA (Europe, the Middle East, and Africa) segment.
Is Ferrari’s Growth in China Enough to Please Investors?
In the third quarter, Ferrari (RACE) reported net revenue of 838 million euros, or ~$956 million.
Tesla Stock: Why the Bulls Aren’t Paying Heed to Negative News
At 10:10 AM EST, Tesla stock was trading at a fall of 4.6% from the previous session. But the bulls aren’t ready to give up.
Why Is Ferrari Stock Falling before Its Q3 2018 Earnings Event?
Ferrari (RACE) plans to release its Q3 2018 earnings on November 5. Ferrari stock has dropped 16% in the quarter through October 29.
A Closer Look at Ford Credit’s Q3 2018 Performance
Ford Credit is the financial services subsidiary of Ford Motor Company. It offers a wide variety of automotive financing services to its dealers and customers.
Analyzing Ford’s Valuation Multiples before Its Q3 2018 Earnings
Ford’s forward PE multiple was 6.4x, which is higher than GM’s at 5.5x and FCAU’s at 4.2x but lower than Toyota’s (TM) at 7.8x.
How’s Harley-Davidson Stock Trading before Q3 Earnings?
Harley-Davidson (HOG) is set to release its Q3 2018 earnings on October 23. It’s one of the most popular motorcycle brands in the world.
Minor Market Rebounds Could Be a Trap
In the auto industry, Ferrari (RACE) and Fiat Chrysler (FCAU) fell 8.8% and 5.3%, respectively, on October 10.
Support Levels to Watch in the S&P 500 as the Sell-Off Continues
As of 12:30 PM EDT on October 10, the S&P 500 Index has fallen 1.4%, and the Dow Jones Industrial Average has fallen 1.4%.
Most Analysts Love GM More Than Ford after Q3 2018 US Sales Data
According to recent data by Reuters, 57% of the analysts covering GM stock have given it a “buy” rating.
How Has Harley-Davidson Stock Fared since Trump’s Tweet?
In the week that ended on September 7, Harley-Davidson (HOG) stock jumped 4.1% despite broader market weakness.
GM and Ford: How Valuations Stack Up after July Sales Data
In the previous part of this series, we explored how Wall Street analysts are rating the top two US auto giants, General Motors (GM) and Ford (F).
Moody’s Doesn’t Like the Idea of Tesla Going Private
Tesla (TSLA) has attracted enormous media coverage following Elon Musk’s idea of “taking Tesla private.” What does Moody’s say?
What Analysts Recommend for Ferrari Stock after Q2 Results
According to the latest consensus data compiled by Reuters, 55% of analysts covering Ferrari (RACE) stock have given it a “buy” recommendation.
Ferrari’s Top-Selling Cars in the United States in Q2 2018
In the second quarter, Ferrari’s shipments to the Americas rose 7% YoY to 850 car units from 797 units in Q2 2017.
Tesla Beats Q2 Estimates, Soars in After-Market Trading
On August 1, Tesla (TSLA) reported its Q2 results after the market closed. Its net loss was $2.45 per share versus $3.35 per share in Q1.
Why Ferrari Stock Tanked ~12% During the Q2 2018 Earnings Call
Ferrari (RACE) released its second-quarter earnings results today. Let’s take a look.
Why Didn’t Ford’s Q2 2018 Earnings Report Please Investors?
In this series, we’ll explore Ford’s second-quarter revenue and profitability and find out what factors drove them.
How Ferrari’s Valuation Looks before Its Q2 2018 Earnings Event
On July 25, Ferrari’s (RACE) forward EV-to-EBITDA multiple was 19.0x.
How Is Ferrari Stock Faring ahead of Its Q2 Earnings?
Ferrari (RACE) plans to release its Q2 earnings on August 1. On July 21, Louis C. Camilleri was named the company’s new CEO.
Mike Manley Replaces Marchionne as Fiat Chrysler’s CEO
On July 21, Fiat Chrysler Automobiles (FCAU) appointed Mike Manley as its new CEO. The change is effective immediately.