Ferrari NV

In the week ending September 14, Fiat Chrysler stock (FCAU) rose 5.7% and closed at $17.50. In the previous week, the stock registered 3.2% losses.

Ford stock has fallen in five of the first eight months of 2018.

On August 3, Ferrari stock settled at $124.84, a 5.1% weekly loss. There was a sell-off in the stock after its Q2 earnings conference call.

In the week that ended on August 10, mainstream automakers General Motors, Ford Motor Company, and Fiat Chrysler Automobiles saw falls.

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 Q2 2018, Ferrari (RACE) reported adjusted EPS of 0.84 euros (or $0.98), 17.0% higher than its adjusted EPS of 0.72 euros in Q2 2017.

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.

The euro–US dollar currency pair fell 1.2% on October 28, 2015, as the Fed delayed a rate hike and stated that it’s open to considering a rate hike in December.

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.

Last week (ended June 8), Ford (F) stock rose 3.3% to $12.10. In the previous week, the stock rose 1.7%.

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.

In 1Q17, Ferrari’s (RACE) shipments to the Americas rose 4.2% year-over-year to 545 car units from 523 units in 1Q16.

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).

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%.

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.

On January 31, Italian luxury carmaker Ferrari (RACE) released its fourth-quarter and 2018 earnings results before the market opened.

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.

Fiat Chrysler Automobiles reported its first-quarter results today before the US market opened.

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

According to data compiled by Reuters as of November 21, 2017, about 35% of analysts covering Tesla (TSLA) have given the stock a “buy” recommendation.

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 Reuters, of the ten analysts covering Ferrari (RACE) stock, 50% have recommended “buy,” 30% have recommended “hold,” and 20% expect Ferrari stock to drop, recommending “sell.”

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.

Ferrari aims to incorporate the technology of its Formula One racing cars in its sports cars.

Today, Reuters reported that Panasonic had announced battery cell shortages as the production of Tesla’s (TSLA) Model 3 is ramping up.

In 1Q18, Ford’s adjusted EPS stood at $0.43, ~7.5% higher than its adjusted earnings of $0.40 per share in 1Q17.

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.

Tesla (TSLA), the popular US electric vehicle maker, is set to unveil its electric semi truck on November 16, 2017. The truck is expected to have autonomous capabilities along with other best-in-class features.

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.

General Motors reported its 1Q18 results today before the US market opened.

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.

According to Bloomberg, 46.7% of total analysts covering Fiat Chrysler’s stock gave it “‘buy” recommendations while 36.7% recommend a “hold.”

As of February 6, General Motors’ (GM) forward EV-to-EBITDA (enterprise value to earnings before interest, tax, depreciation, and amortization) multiple was 7.7x.

So far in this series, we’ve covered Ferrari’s (RACE) 1Q18 shipments to key markets, revenues, and profit margins.

In the week ended September 21, Ferrari (RACE) stock continued to trade on a positive note for the second consecutive week.

Last week, Fiat Chrysler stock (FCAU) rose 1.7% to close at $17.11.

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

As of April 3, 2016, Ferrari’s forward EV-to-EBITDA multiple is 11.6x—much higher than mainstream mass-market automakers.

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.