Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, motorsports entertainment promoter International Speedway (ISCA +0.00%) has earned a coveted five-star ranking.
With that in mind, let's take a closer look at International Speedway, and see what CAPS investors are saying about the stock right now.
International Speedway facts
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Headquarters (founded) |
Daytona Beach, Fla. (1953) |
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Market Cap |
$1.6 billion |
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Industry |
Leisure facilities |
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Trailing-12-Month Revenue |
$612.3 million |
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Management |
CEO Lesa France Kennedy (since 2009) CFO Daniel Houser (since 2008) |
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Return on Equity (average, past 3 years) |
4.9% |
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Cash / Debt |
$162.6 million / $276.6 million |
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Dividend Yield |
0.6% |
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Competitors |
Speedway Motorsports Dover Motorsports |
Sources: S&P Capital IQ and Motley Fool CAPS.
On CAPS, 89% of the 169 members who have rated International Speedway believe the stock will outperform the S&P 500 going forward.
Just yesterday, one of those Fools, All-Star joryko, succinctly summed up the bull case for our community:
- Just landed a the "largest media rights deal in NASCAR's history" with a 10 year deal with NBC starting in 2015
-This is only months removed after landing an 8 year-$2.4 billion deal with FOX
-Essentially a content provider to whomever would like to pay them, allowing strong positioning regardless of cable's future
-Dropped its share count from 53 million in 2007 to 46 in 2012, is eyeing future buybacks with a solid balance sheet
Long story short, International Speedway Corp. hasn't been given enough credit for essentially raising its media rights revenue by 50% or more with its new NBC deal. Did I mention media rights account for 46-50% of the company's overall revenues?
I see this one as a special situation type buy and will hold it until the market realizes the value of its new media contracts correctly.
