Press coverage about International Speedway Corporation (NASDAQ:ISCA) has trended positive recently, according to Accern Sentiment. The research firm identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. International Speedway Corporation earned a news sentiment score of 0.27 on Accern’s scale. Accern also gave headlines about the company an impact score of 76 out of 100, meaning that recent media coverage is likely to have an impact on the company’s share price in the next few days.
A number of equities analysts recently commented on the stock. Zacks Investment Research upgraded shares of International Speedway Corporation from a “sell” rating to a “hold” rating in a research note on Monday, April 24th. BidaskClub raised shares of International Speedway Corporation from a “strong sell” rating to a “sell” rating in a report on Friday, June 9th. Finally, Sidoti initiated coverage on shares of International Speedway Corporation in a report on Tuesday, February 28th. They issued a “neutral” rating and a $39.00 target price for the company. Two equities research analysts have rated the stock with a sell rating and three have given a hold rating to the company’s stock. International Speedway Corporation presently has a consensus rating of “Hold” and a consensus target price of $35.67.
Shares of International Speedway Corporation (NASDAQ:ISCA) traded down 0.56% on Tuesday, reaching $35.60. 87,219 shares of the company’s stock were exchanged. The stock’s 50-day moving average price is $35.94 and its 200-day moving average price is $36.98. International Speedway Corporation has a 1-year low of $30.05 and a 1-year high of $40.31. The company has a market capitalization of $1.60 billion, a P/E ratio of 20.95 and a beta of 1.22.
International Speedway Corporation (NASDAQ:ISCA) last released its earnings results on Tuesday, April 4th. The company reported $0.47 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.45 by $0.02. The firm had revenue of $147.90 million for the quarter, compared to analysts’ expectations of $143.44 million. International Speedway Corporation had a return on equity of 4.93% and a net margin of 11.67%. The business’s revenue for the quarter was up 3.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.44 earnings per share. Analysts anticipate that International Speedway Corporation will post $1.57 EPS for the current fiscal year.
The company also recently declared an annual dividend, which will be paid on Friday, June 30th. Stockholders of record on Wednesday, May 31st will be issued a dividend of $0.43 per share. This is a boost from International Speedway Corporation’s previous annual dividend of $0.41. This represents a dividend yield of 1.15%. The ex-dividend date of this dividend is Friday, May 26th. International Speedway Corporation’s payout ratio is 25.15%.
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International Speedway Corporation Company Profile
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