International Speedway Corp (NASDAQ:ISCA) has earned a consensus broker rating score of 3.00 (Hold) from the three brokers that provide coverage for the stock, Zacks Investment Research reports. One research analyst has rated the stock with a strong sell recommendation, one has given a hold recommendation and one has assigned a strong buy recommendation to the company.
Analysts have set a 1 year consensus price target of $40.50 for the company, according to Zacks. Zacks has also assigned International Speedway an industry rank of 168 out of 265 based on the ratings given to related companies.
Several research analysts recently weighed in on ISCA shares. BidaskClub cut International Speedway from a “hold” rating to a “sell” rating in a research note on Tuesday, December 5th. Zacks Investment Research cut International Speedway from a “buy” rating to a “hold” rating in a research note on Tuesday, December 19th. Finally, Citigroup upped their target price on International Speedway from $31.00 to $40.00 and gave the company a “sell” rating in a report on Tuesday, February 6th.
International Speedway (NASDAQ:ISCA) opened at $43.50 on Thursday. International Speedway has a 52 week low of $32.25 and a 52 week high of $47.45. The firm has a market capitalization of $1,922.22, a PE ratio of 27.19, a P/E/G ratio of 5.22 and a beta of 1.30. The company has a current ratio of 3.81, a quick ratio of 3.81 and a debt-to-equity ratio of 0.18.
International Speedway (NASDAQ:ISCA) last announced its earnings results on Thursday, January 25th. The company reported $0.77 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.75 by $0.02. International Speedway had a return on equity of 5.09% and a net margin of 16.50%. The business had revenue of $226.26 million during the quarter, compared to analysts’ expectations of $222.36 million. During the same quarter last year, the business posted $0.72 earnings per share. The company’s quarterly revenue was up 2.0% on a year-over-year basis. equities analysts forecast that International Speedway will post 2.09 EPS for the current fiscal year.
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About International Speedway
International Speedway Corporation is an owner of motorsports entertainment facilities and promoter of motorsports themed entertainment activities in the United States. The Company’s motorsports themed event operations consist of racing events at its motorsports entertainment facilities. As of November 30, 2016, the Company owned and/or operated 13 of the nation’s motorsports entertainment facilities: Daytona International Speedway in Florida; Talladega Superspeedway in Alabama; Michigan International Speedway in Michigan; Auto Club Speedway of Southern California in California; Kansas Speedway in Kansas; Richmond International Raceway in Virginia; Darlington Raceway in South Carolina; Chicagoland Speedway in Illinois; Martinsville Speedway in Virginia; Phoenix International Raceway in Arizona; Homestead-Miami Speedway in Florida; Watkins Glen International in New York, and Route 66 Raceway in Illinois.
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