International Speedway Corporation (NASDAQ:ISCA) Director Hyatt J. Brown acquired 10,000 shares of the stock in a transaction on Wednesday, July 12th. The stock was purchased at an average cost of $33.79 per share, with a total value of $337,900.00. Following the transaction, the director now directly owns 809 shares of the company’s stock, valued at $27,336.11. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Shares of International Speedway Corporation (NASDAQ:ISCA) opened at 33.50 on Monday. International Speedway Corporation has a 12 month low of $30.05 and a 12 month high of $40.31. The firm has a 50-day moving average of $35.88 and a 200 day moving average of $36.93. The firm has a market cap of $1.50 billion, a P/E ratio of 21.94 and a beta of 1.18.

International Speedway Corporation (NASDAQ:ISCA) last posted its earnings results on Monday, July 3rd. The company reported $0.30 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.32 by $0.02. International Speedway Corporation had a return on equity of 4.94% and a net margin of 10.41%. The company had revenue of $165.30 million during the quarter, compared to analyst estimates of $166.79 million. During the same quarter last year, the firm posted $0.29 earnings per share. The firm’s revenue for the quarter was down 1.4% compared to the same quarter last year. On average, equities research analysts anticipate that International Speedway Corporation will post $1.54 EPS for the current fiscal year.

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Large investors have recently bought and sold shares of the company. Strs Ohio bought a new stake in International Speedway Corporation during the first quarter valued at $853,000. Vivaldi Capital Management LLC bought a new stake in International Speedway Corporation during the first quarter valued at $10,261,976,000. Bank of New York Mellon Corp raised its stake in International Speedway Corporation by 10.6% in the first quarter. Bank of New York Mellon Corp now owns 417,858 shares of the company’s stock valued at $15,441,000 after buying an additional 40,014 shares during the period. Teachers Advisors LLC raised its stake in International Speedway Corporation by 13.2% in the fourth quarter. Teachers Advisors LLC now owns 50,141 shares of the company’s stock valued at $1,845,000 after buying an additional 5,856 shares during the period. Finally, Comerica Bank raised its stake in International Speedway Corporation by 6.2% in the fourth quarter. Comerica Bank now owns 19,157 shares of the company’s stock valued at $720,000 after buying an additional 1,115 shares during the period. Hedge funds and other institutional investors own 50.99% of the company’s stock.

Several analysts have issued reports on ISCA shares. Zacks Investment Research raised shares of International Speedway Corporation from a “sell” rating to a “hold” rating in a research report on Tuesday, April 4th. BidaskClub raised shares of International Speedway Corporation from a “strong sell” rating to a “sell” rating in a research report on Friday, June 9th. Finally, Citigroup Inc. reaffirmed a “sell” rating and issued a $30.00 price objective (down previously from $31.00) on shares of International Speedway Corporation in a research report on Monday, July 10th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $36.50.

About International Speedway Corporation

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