Media headlines about International Speedway Corporation (NASDAQ:ISCA) have trended somewhat positive on Monday, Accern Sentiment reports. Accern rates the sentiment of news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. International Speedway Corporation earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave news headlines about the company an impact score of 46.1862229343956 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
A number of research firms have recently commented on ISCA. Zacks Investment Research downgraded shares of International Speedway Corporation from a “hold” rating to a “sell” rating in a research note on Wednesday, September 6th. BidaskClub upgraded shares of International Speedway Corporation from a “sell” rating to a “hold” rating in a research note on Monday, July 31st. Finally, Citigroup Inc. restated a “sell” rating and set a $30.00 price objective (down from $31.00) on shares of International Speedway Corporation in a research note on Monday, July 10th. Two investment analysts have rated the stock with a sell rating and three have issued a hold rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $36.50.
International Speedway Corporation (NASDAQ ISCA) traded up 1.30% during trading on Monday, hitting $35.10. 17,212 shares of the stock were exchanged. International Speedway Corporation has a 52 week low of $30.05 and a 52 week high of $40.31. The firm’s 50-day moving average is $35.08 and its 200 day moving average is $36.01. The firm has a market cap of $1.57 billion, a PE ratio of 22.99 and a beta of 1.17.
International Speedway Corporation (NASDAQ:ISCA) last released its quarterly earnings results on Monday, July 3rd. The company reported $0.30 earnings per share for the quarter, missing the 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 firm had revenue of $165.30 million for the quarter, compared to analysts’ expectations 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. Analysts expect that International Speedway Corporation will post $1.54 earnings per share for the current fiscal year.
In other news, Director Hyatt J. Brown purchased 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, July 12th. The shares were acquired at an average cost of $33.79 per share, for a total transaction of $337,900.00. Following the completion of the acquisition, the director now owns 809 shares in the company, valued at $27,336.11. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 43.06% of the stock is currently owned by insiders.
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About International Speedway Corporation
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