BidaskClub downgraded shares of International Speedway (NASDAQ:ISCA) from a hold rating to a sell rating in a research note published on Tuesday, December 5th.
Other analysts have also issued research reports about the stock. Citigroup reiterated a sell rating and issued a $31.00 price objective (up previously from $30.00) on shares of International Speedway in a research note on Monday, October 9th. Zacks Investment Research upgraded shares of International Speedway from a sell rating to a hold rating in a research note on Friday, September 22nd. Two analysts have rated the stock with a sell rating and three have assigned a hold rating to the stock. International Speedway presently has an average rating of Hold and an average price target of $38.50.
International Speedway (ISCA) traded down $0.10 during mid-day trading on Tuesday, reaching $39.85. 82,983 shares of the company’s stock traded hands, compared to its average volume of 104,795. International Speedway has a 52-week low of $32.25 and a 52-week high of $41.95. The company has a current ratio of 2.41, a quick ratio of 2.41 and a debt-to-equity ratio of 0.19. The company has a market cap of $1,765.31, a price-to-earnings ratio of 25.77, a P/E/G ratio of 5.91 and a beta of 1.13.
Several large investors have recently modified their holdings of ISCA. Northwestern Mutual Investment Management Company LLC boosted its holdings in shares of International Speedway by 5.0% in the 2nd quarter. Northwestern Mutual Investment Management Company LLC now owns 4,580 shares of the company’s stock worth $153,000 after buying an additional 217 shares during the last quarter. Victory Capital Management Inc. lifted its holdings in International Speedway by 17.6% during the second quarter. Victory Capital Management Inc. now owns 5,682 shares of the company’s stock valued at $213,000 after purchasing an additional 850 shares during the last quarter. Susquehanna International Group LLP purchased a new stake in International Speedway during the second quarter valued at about $243,000. Louisiana State Employees Retirement System lifted its holdings in International Speedway by 3.1% during the second quarter. Louisiana State Employees Retirement System now owns 6,600 shares of the company’s stock valued at $248,000 after purchasing an additional 200 shares during the last quarter. Finally, Russell Investments Group Ltd. lifted its holdings in International Speedway by 333.1% during the second quarter. Russell Investments Group Ltd. now owns 10,125 shares of the company’s stock valued at $381,000 after purchasing an additional 7,787 shares during the last quarter. 50.37% of the stock is currently owned by institutional investors.
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About International Speedway
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