Ferrari NV

For 4Q16, Ferrari (RACE) reported net revenues of 836 million euros or $901 million. Revenues rose ~12% from about 744 million euros in 4Q15.

In 1Q18, Ferrari (RACE) reported a 13% YoY (year-over-year) rise in its adjusted EBITDA (earnings before interest, tax, depreciation, and amortization) of 272 million euros or about $323 million.

For 2016 and 2017, analysts estimate Ferrari’s global revenues to grow at rates of 3.6% and 3.1%, respectively. These estimates can serve as a proxy.

In the first quarter, Tesla reported a 19.7% gross margin in its Automotive segment on a generally accepted accounting principles basis.

According to the latest Bloomberg consensus, 35% of analysts covering Ford (F) have given the company “buy” recommendations.

During the week ended December 8, Ferrari (RACE) stock traded below its 50-day SMA (simple moving average) of $112.60, suggesting a bearish bias.

In 3Q16, mainstream automakers’ year-over-year global revenues didn’t reflect much optimism. Except for GM, no other auto giant posted a notable jump in its global revenue.

Ferrari (RACE) is one of the most prestigious brands in the automobile industry. The Italian racing and sports car manufacturer entered the business in 1947.

The Department of Labor released the July jobs report on Friday morning. Amid the trade tensions, the July jobs report brought relief.

Tesla (TSLA) has attracted enormous media coverage following Elon Musk’s idea of “taking Tesla private.” What does Moody’s say?

For the last three years, Ferrari (RACE) has been reporting gradual progress in EBITDA (earnings before interest, tax, depreciation, and amortization).

Last week, Ferrari stock (RACE) continued to trade positively, rising 9.2% to $148.90.

Since its first day of trading on October 21 on the NYSE (New York Stock Exchange), Ferrari (RACE) has fallen by ~10% to $46.62.

Ferrari (RACE) plans to release its Q3 2018 earnings on November 5. Ferrari stock has dropped 16% in the quarter through October 29.

Stable demand and strong brand image have kept Ferrari (RACE) moving forward, regardless of adverse global economic conditions.

By focusing on extraordinary vehicle design and exclusivity, Ferrari is able to sell luxury cars with high-profit margins to end consumers.

Ferrari (RACE) released its second-quarter earnings results today. Let’s take a look.

Ferrari has also been engaged in producing limited editions of supercars since the beginning of the company.

Ferrari spends extravagantly on research and development to stay ahead of its peers and to keep its products unique.

Ferrari spends extravagantly on Formula 1 events, as its Formula 1 racing team has been critical to the brand’s image.

In the past couple of months, many analysts have changed their recommendations from “buy” to “hold,” which reflects the concerns of declining auto sales.

On July 21, Fiat Chrysler Automobiles (FCAU) appointed Mike Manley as its new CEO. The change is effective immediately.

According to latest consensus data compiled by Reuters, 45% of analysts covering Ferrari (RACE) gave the stock “buy” recommendations.

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.

In 4Q16, Fiat Chrysler Automobiles’ (FCAU) total revenues were 29.7 billion euros, or $31.7 billion.

Ferrari debuted on the NYSE on October 21, 2015, with a price of $52 per share. The next day, it posted a high of ~$58.20 and then entered a downtrend.

On March 8, 2018, GM’s EV-to-EBITDA was 7.2x, much lower than its direct competitor Ford’s multiple of 12.8x.

In the third week of March 2018, Ferrari stock (RACE) continued to fall, settling at $118.39 with a loss of 2.9% for the week.

In 2Q17, Ferrari (RACE) reported solid adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) of 270 million euros or about $321 million.

In the week that ended on November 16, the broader market turned negative again, erasing most of its post-midterm election gains.

In the third week of June, Ferrari stock (RACE) turned negative after reaching its all-time high of $149.85 in the previous week.

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.

Ferrari stock In the first week of March, Ferrari stock (RACE) continued to trade on a positive note, though settled at $124.71 with a loss of 3% during the week. In 1Q18, Ferrari has continued its journey upward and had risen 17.1% as of March 6. The stock rose 14% and 3.9% in January and February, respectively. […]

While Greater China accounted for just 9% of the company’s total shipments, it’s still strategically important for Ferrari due to China’s future growth potential.

Ferrari (RACE) is considered a symbol of power, speed, and passion by many motorsport enthusiasts. There are only a few key market players in the luxury supercar segment.

As the second quarter comes to a close, the fight between Tesla (TSLA) bulls and bears is intensifying. This week, the company’ stock seems to be on a rollercoaster.

In the second week of March 2018, Ferrari (RACE) stock turned negative and settled at $121.94 with a weekly fall of 2.2%.

So far in 1Q18, Ferrari (RACE) is continuing its journey upward, rising 17.1% as of March 6.

Ferrari (RACE) launched its ambitious first hybrid, LaFerrari, in 2013.

In 4Q17, Ferrari reported an ~20.3% year-over-year increase in its adjusted earnings.

World-renowned sports car maker Ferrari (RACE) released its 1Q18 earnings results yesterday.

Fiat Chrysler’s stock price is hovering at $7.63 (as of April 13). Since October 2015, the stock has been trading below a downward sloping trendline.

Ferrari (RACE) plans to release its Q2 earnings on August 1. On July 21, Louis C. Camilleri was named the company’s new CEO.

In this series, we’ll explore Ford’s second-quarter revenue and profitability and find out what factors drove them.

In October 2014, Fiat Chrysler Automobiles (FCAU) announced its intentions to spin off Ferrari (RACE) as an independent entity.

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.

Ferrari (RACE) reported net revenues of ~$829 million in 4Q15, which was down ~1% from about $836.9 million the previous year.

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.

Tesla (TSLA) CEO Elon Musk has been prepping the company for Model 3 production and deliveries from its Gigafactory 3 in China.

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.

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?

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 (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.

Is Tesla (TSLA) stock getting overvalued? This is one of the crucial questions that investors face in the current scenario.

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.

Yesterday, Bloomberg reported that Adam Capital scrapped its short position on Tesla (TSLA). Are Tesla bears running out of arguments?

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 has risen 23% since the company’s October earnings release, bringing trouble for short sellers such as David Einhorn’s Greenlight Capital.

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.

Automakers have effectively split in their support of a particular set of emission regulations, pitting large automakers Ford and GM against one another.

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.

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 stock rose after it reported a surprise profit in the third quarter. Several analysts have since raised their price targets, but some have concerns.

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 (TSLA) stock spiked 20% after hours yesterday following its Q3 earnings release. J.P. Morgan and RBC raised their price targets on TSLA.

In a surprising move, a bullish Tesla investor has sold massive quantities of Tesla stock this month, according to Business Insider.

ValuEngine has downgraded Ford Motor Company (F) stock from “sell” to “strong sell,” according to a Covington Journal report.

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.

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 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 stocks fell in the first week of October. Weaker third-quarter sales, lower equity markets, and recession fears hammered the stocks.

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.

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.

Leading automakers Ford Motor (F), General Motors (GM), and Fiat Chrysler (FCAU) released their third-quarter US auto sales numbers yesterday.

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 (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.

Automaker stocks have seen mixed performances in September. While Ford, General Motors, Tesla, and Fiat Chrysler have risen, Ferrari has declined.

General Motors’ (GM) troubles seem to be increasing. The UAW (United Automobile Workers) called for a strike, which would impact thousands of workers.

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.

Although automakers’ stocks posted mixed performance figures in July, they slumped in August. So far in September, they have been recovering.

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.

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%.

General Motors (GM) has fallen to third place on UAW (United American Workers) employment, according to Bloomberg.

Analysts have started liking Ford stock. Most of the analysts still rate Ford stock as a “hold,” but more analysts like the stock.

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’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.

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 (F) stock has slumped 5.1% in August amid criticism from President Trump, rising trade tension, and the bond yield curve inversion.

Vanguard has the highest institutional holdings in Ford. According to Reuters, Vanguard bought 3.95 million shares in the second quarter.

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. The fall extended the stock’s decline to 13.3% since its second-quarter results on July 24.

General Motors (GM) and Ford (F) stocks have been impacted by the companies’ dull second-quarter earnings. Let’s look at what analysts think.

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.

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.

On Thursday, President Trump announced an additional 10% tariff on the remaining $300 billion goods and products coming from China.

In the week that ended on September 7, Harley-Davidson (HOG) stock jumped 4.1% despite broader market weakness.

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.

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.

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.

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.