Ferrari Stock Is Expensive Currently

Stock Market

Arand

Company description:

Ferrari (NYSE:RACE), as many know, is an Italian luxury sports car manufacturer, based out of Maranello, Italy. Ferrari produces a range of expensive cars, priced from ~$220k into the millions.

The Company was owned and founded

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Ferrari Shipments (2022-2015) (Annual Accounts)

https://www.mckinsey.com/industries/automotive-and-assembly/our-insights/five-trends-shaping-tomorrows-luxury-car-market

McKinsey car market forecast (McKinsey)

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RACE – Financial performance (Tikr Terminal)

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Peer group analysis (Tikr Terminal)

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Peer group valuation comparison (Tikr Terminal)

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