Shares of International Speedway Corp (NASDAQ:ISCA) have received an average broker rating score of 3.00 (Hold) from the four brokers that provide coverage for the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong sell rating, two have assigned a hold rating and one has issued a strong buy rating on the company. International Speedway’s rating score has declined by 28.8% from three months ago as a result of a number of analysts’ upgrades and downgrades.

Brokerages have set a 12 month consensus price objective of $35.33 for the company and are anticipating that the company will post $0.75 EPS for the current quarter, according to Zacks. Zacks has also given International Speedway an industry rank of 174 out of 265 based on the ratings given to related companies.

A number of equities research analysts recently commented on the stock. Zacks Investment Research upgraded shares of International Speedway from a “hold” rating to a “buy” rating and set a $45.00 price target for the company in a report on Tuesday, October 10th. Citigroup reiterated a “sell” rating and set a $31.00 price target (up from $30.00) on shares of International Speedway in a report on Monday, October 9th.

International Speedway (ISCA) traded down $0.55 during trading hours on Friday, reaching $40.70. 80,402 shares of the company were exchanged, compared to its average volume of 104,186. International Speedway has a 52 week low of $32.25 and a 52 week high of $41.60. The company has a quick ratio of 2.41, a current ratio of 2.41 and a debt-to-equity ratio of 0.19. The company has a market cap of $1,798.45, a price-to-earnings ratio of 26.26, a P/E/G ratio of 6.42 and a beta of 1.13.

International Speedway (NASDAQ:ISCA) last posted its quarterly earnings results on Thursday, October 5th. The company reported $0.06 EPS for the quarter, beating the Zacks’ consensus estimate of $0.03 by $0.03. International Speedway had a net margin of 10.07% and a return on equity of 5.05%. The company had revenue of $131.90 million during the quarter, compared to analyst estimates of $128.82 million. During the same period in the prior year, the business posted $0.03 EPS. The firm’s revenue was up 2.2% compared to the same quarter last year. research analysts predict that International Speedway will post 1.59 EPS for the current fiscal year.

A number of institutional investors have recently modified their holdings of the business. Paradice Investment Management LLC increased its position in International Speedway by 2.3% during the 3rd quarter. Paradice Investment Management LLC now owns 1,940,306 shares of the company’s stock valued at $69,851,000 after purchasing an additional 43,171 shares during the period. Macquarie Group Ltd. increased its position in International Speedway by 7.2% during the 3rd quarter. Macquarie Group Ltd. now owns 1,470,023 shares of the company’s stock valued at $52,920,000 after purchasing an additional 98,504 shares during the period. Northern Trust Corp increased its position in International Speedway by 19.3% during the 2nd quarter. Northern Trust Corp now owns 1,067,642 shares of the company’s stock valued at $40,090,000 after purchasing an additional 172,939 shares during the period. State Street Corp increased its position in International Speedway by 3.2% during the 2nd quarter. State Street Corp now owns 847,986 shares of the company’s stock valued at $31,842,000 after purchasing an additional 26,184 shares during the period. Finally, Lindsell Train Ltd increased its position in International Speedway by 14.2% during the 3rd quarter. Lindsell Train Ltd now owns 723,400 shares of the company’s stock valued at $26,042,000 after purchasing an additional 90,000 shares during the period. 50.30% of the stock is currently owned by institutional investors and hedge funds.

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