BIT:RACEAuto
Ferrari (BIT:RACE) Could Be 9% Undervalued On Its Growth Narrative
Ferrari (BIT:RACE) has two stories unfolding at once. The group is rolling out the 296 GT Modificata track car for club events while also steadily expanding a multi year share buyback program.
Ferrari shares trade at €352.7 after a 90 day share price return of 13.52%, yet the 1 year total shareholder return is down 12.16%. Recent momentum has picked up even though longer term holders have had a bumpier ride.
Compare Ferrari's recent swings with a curated set of auto and consumer stocks that...