Shares of International Speedway Corp (NASDAQ:ISCA) have earned an average broker rating score of 3.00 (Hold) from the four brokers that cover the company, Zacks Investment Research reports. One research analyst has rated the stock with a strong sell recommendation, two have issued a hold recommendation and one has given a strong buy recommendation to the company. International Speedway’s rating score has declined by 28.8% in the last three months as a result of a number of analysts’ ratings changes.
Brokerages have set a 12 month consensus price target of $35.33 for the company and are predicting that the company will post $0.75 earnings per share for the current quarter, according to Zacks. Zacks has also assigned International Speedway an industry rank of 164 out of 265 based on the ratings given to related companies.
Several equities analysts recently weighed in on the stock. BidaskClub lowered shares of International Speedway from a “hold” rating to a “sell” rating in a report on Tuesday. Zacks Investment Research upgraded shares of International Speedway from a “hold” rating to a “buy” rating and set a $45.00 target price on the stock in a report on Tuesday, October 10th. Finally, Citigroup restated a “sell” rating and set a $31.00 target price (up previously from $30.00) on shares of International Speedway in a report on Monday, October 9th.
International Speedway (NASDAQ:ISCA) traded down $0.15 during trading hours on Friday, hitting $40.45. 120,700 shares of the company traded hands, compared to its average volume of 135,634. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.41 and a quick ratio of 2.41. The firm has a market cap of $1,794.03, a price-to-earnings ratio of 26.19, a price-to-earnings-growth ratio of 6.01 and a beta of 1.13. International Speedway has a 1-year low of $32.25 and a 1-year high of $41.60.
International Speedway (NASDAQ:ISCA) last posted its earnings results on Thursday, October 5th. The company reported $0.06 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.03 by $0.03. The business had revenue of $131.90 million for the quarter, compared to analyst estimates of $128.82 million. International Speedway had a net margin of 10.07% and a return on equity of 5.05%. The business’s quarterly revenue was up 2.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.03 EPS. equities research analysts forecast that International Speedway will post 1.59 EPS for the current year.
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About International Speedway
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