Analyst Ratings for International Speedway Corp. Cl A (ISCA)Updated: 2017-07-27
Analysts covering International Speedway Corp. Cl A (NASDAQ:ISCA) have given it a consensus rating of Hold. ISCA had previously received a consensus rating of Hold a month ago.
1 analysts declared ISCA a buy, 0 issued an overweight rating, 4 gave a hold rating, 0 gave an underweight rating, and 1 gave a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Many analysts weighed in on price targets for ISCA. The most optimistic analyst gave a price target of 39, which equates to a potential upside of 9.09 percent. The lowest price target was 30, implying a possible loss of -16.08 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is 0 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.62 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -0.31 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 2 analysts made negative revisions to their fiscal year's estimates.
The growth rate of ISCA's earnings is estimated by analysts to be 3.05 percent. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of ISCA is 7.65.
ISCA has a 52-week high of 40.31 and a 52-week low of 30.05. The current market price is above the trailing year's low by 18.97 percent, and 11.31 percent lower than its 52-week high. ISCA has a price/earnings ratio of 23.33. Investors typically compare the P/E ratio to a company's peers in the industry. The ISCA value stock report compares ISCA to some of its peers using value stock charts. The market cap of ISCA is $1.58 billion. ISCA's next earnings release will be on 0000-00-00, which is days away.