Ariel Investments, LLC
disclosed that they own 8.2% of International Speedway Corp (NASDAQ:ISCA) in a Schedule 13G/A disclosure that was filed with the SEC on Wednesday, January 10th. The investor owns 1,993,379 shares of the stock worth about $77,542,443. The disclosure is available through the SEC website at this link.
Several research firms have commented on ISCA. BidaskClub downgraded shares of International Speedway from a “hold” rating to a “sell” rating in a report on Wednesday, December 27th. Zacks Investment Research raised shares of International Speedway from a “hold” rating to a “buy” rating and set a $45.00 price objective on the stock in a report on Tuesday, October 10th. Finally, Citigroup reaffirmed a “sell” rating and set a $31.00 price objective (up from $30.00) on shares of International Speedway in a report on Monday, October 9th. Two investment analysts have rated the stock with a sell rating and three have issued a hold rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $38.50.
Shares of International Speedway Corp (NASDAQ ISCA) opened at $38.90 on Wednesday. International Speedway Corp has a fifty-two week low of $32.25 and a fifty-two week high of $41.95. The stock has a market cap of $1,730.00, a PE ratio of 26.11, a PEG ratio of 5.78 and a beta of 1.14. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.41 and a quick ratio of 2.41.
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International Speedway Company Profile
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