International Speedway Corp (NASDAQ:ISCA) has received a consensus broker rating score of 0.00 () from the three brokers that cover the stock, Zacks Investment Research reports. Two research analysts have rated the stock with a hold recommendation and one has assigned a strong buy recommendation to the company.
Brokers have set a 1-year consensus price target of $39.00 for the company and are anticipating that the company will post $0.48 EPS for the current quarter, according to Zacks. Zacks has also given International Speedway Corp an industry rank of 100 out of 265 based on the ratings given to its competitors.
ISCA has been the topic of several recent research reports. Macquarie lowered International Speedway Corp from an “outperform” rating to a “neutral” rating and cut their target price for the company from $41.00 to $39.00 in a report on Friday, January 27th. Zacks Investment Research lowered International Speedway Corp from a “hold” rating to a “sell” rating in a report on Friday, December 2nd. Finally, Sidoti initiated coverage on International Speedway Corp in a report on Tuesday, February 28th. They set a “neutral” rating and a $39.00 target price on the stock.
Institutional investors have recently bought and sold shares of the company. Credit Agricole S A acquired a new position in International Speedway Corp during the fourth quarter worth approximately $131,000. Teza Capital Management LLC acquired a new position in International Speedway Corp during the fourth quarter worth approximately $221,000. Montag A & Associates Inc. acquired a new position in International Speedway Corp during the third quarter worth approximately $248,000. Blenheim Capital Management BV acquired a new position in International Speedway Corp during the fourth quarter worth approximately $309,000. Finally, Oregon Public Employees Retirement Fund raised its position in International Speedway Corp by 2.0% in the third quarter. Oregon Public Employees Retirement Fund now owns 9,526 shares of the company’s stock worth $318,000 after buying an additional 183 shares during the last quarter. Institutional investors and hedge funds own 51.59% of the company’s stock.
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International Speedway Corp (NASDAQ:ISCA) traded up 0.98% on Monday, reaching $35.95. The company’s stock had a trading volume of 32,518 shares. The stock’s 50 day moving average is $36.90 and its 200-day moving average is $35.64. International Speedway Corp has a 52 week low of $30.05 and a 52 week high of $39.95. The firm has a market capitalization of $1.62 billion, a PE ratio of 21.66 and a beta of 1.26.
International Speedway Corp (NASDAQ:ISCA) last posted its earnings results on Thursday, January 26th. The company reported $0.72 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.74 by $0.02. International Speedway Corp had a net margin of 11.55% and a return on equity of 4.88%. The company had revenue of $221.80 million for the quarter, compared to the consensus estimate of $223.13 million. During the same quarter last year, the business earned $0.74 earnings per share. International Speedway Corp’s quarterly revenue was up 1.1% on a year-over-year basis. Analysts predict that International Speedway Corp will post $1.59 EPS for the current year.
About International Speedway Corp
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