International Speedway (NASDAQ:ISCA) was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating in a note issued to investors on Wednesday, December 27th.
ISCA has been the subject of a number of other reports. Zacks Investment Research downgraded International Speedway from a “buy” rating to a “hold” rating in a research note on Tuesday, December 19th. Citigroup restated a “sell” rating and set a $31.00 price target (up from $30.00) on shares of International Speedway in a research note on Monday, October 9th. Two research analysts have rated the stock with a sell rating and three have assigned a hold rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $38.50.
International Speedway (NASDAQ:ISCA) traded up $0.55 during midday trading on Wednesday, reaching $39.45. The company had a trading volume of 111,700 shares, compared to its average volume of 107,600. The company has a market cap of $1,730.00, a P/E ratio of 26.48, a price-to-earnings-growth ratio of 5.78 and a beta of 1.14. International Speedway has a 52 week low of $32.25 and a 52 week high of $41.95. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.41 and a quick ratio of 2.41.
Several large investors have recently made changes to their positions in the stock. AXA grew its stake in shares of International Speedway by 571.9% during the 3rd quarter. AXA now owns 145,800 shares of the company’s stock valued at $5,249,000 after acquiring an additional 124,100 shares during the period. GSA Capital Partners LLP lifted its holdings in International Speedway by 92.9% in the 3rd quarter. GSA Capital Partners LLP now owns 66,421 shares of the company’s stock worth $2,391,000 after purchasing an additional 31,987 shares in the last quarter. California Public Employees Retirement System lifted its holdings in International Speedway by 8.7% in the 3rd quarter. California Public Employees Retirement System now owns 59,906 shares of the company’s stock worth $2,157,000 after purchasing an additional 4,806 shares in the last quarter. KBC Group NV lifted its holdings in International Speedway by 47.3% in the 3rd quarter. KBC Group NV now owns 22,702 shares of the company’s stock worth $817,000 after purchasing an additional 7,287 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. lifted its holdings in International Speedway by 7.8% in the 3rd quarter. Schwab Charles Investment Management Inc. now owns 176,273 shares of the company’s stock worth $6,346,000 after purchasing an additional 12,770 shares in the last quarter. Institutional investors own 50.37% of the company’s stock.
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International Speedway Company Profile
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