International Speedway (ISPO) Stock

2023 Update

About International Speedway

International Speedway Corporation (ISC) is a leading provider of both motorsports entertainment and luxury vacation experiences. Founded in 2010 and headquartered in Denver, Colorado, ISC has grown to become one of the most respected and admired companies in the sports and leisure industry.

ISC provides luxury experiences that range from curated luxury vacation homes, accommodations at luxurious hotels and resorts, as well as safaris, cruises, and custom-designed experiences. ISC also provides a platform to find, buy, own and enjoy a luxury vacation home through Inspirato Real Estate.

In addition, ISC serves corporate clients with its Inspirato for Business platform, which supplies subscription and travel services designed to recruit, retain, and reward employees. Moreover, the company offers Inspirato for Good, a platform to assist non-profit organizations meet their funding goals.

ISC is led by a team of experienced executives and has a dedicated workforce of 670 full-time employees who ensure that visitors have the best experience possible. At ISC, we value innovation, creativity, and collaboration, and strive to create memorable and lasting memories. With ISC’s commitment to excellence, customers can expect and experience only the best.

International Speedway's Performance

International Speedway Corporation has seen a steady performance over the past year. Financial indicators show that the company has a market capitalization of $2.17 billion, with total revenue of $355.16 million and total cash of $59.92 million. International Speedway Corporation also reports an operating income of -$40.86 million and Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) of -$39.86 million.

The company’s gross margins are 32.11%, while its operating margins are -13.00%, both of which are considered low. However, the company has seen a small improvement in revenue growth of 11.70%, a gross profit total of $117.17 million, and a return on total assets of -7.02%. Its return on equity is currently not available.

International Speedway Corporation also reports a Quick Ratio of 0.25, a Current Ratio of 0.40, and a Debt to Equity ratio of not available. Its Total Debt stands at $269.61 million and its Free Cash Flow stands at $48.83 million.

The median analyst recommendation for this stock is ‘hold’, according to 3 analyst agendas, with a target mean price of $2.13. The company’s share price currently stands at $1.04, which is lower than the target median price of $2.00 and target high price of $2.90. Overall, International Speedway Corporation is performing steadily, though further improvement is needed in order to reach value and beat the target prices.

How does International Speedway Perform During a Recession?

During recessions, the market for motorsports-related events, particularly those owned and produced by ISC, can be affected. Despite this, ISC has done a good job of staying competitive in the industry despite economic downturns. The company is able to react to the changing market conditions and adjust its business model accordingly. This has enabled it to remain profitable, while continuing to provide its loyal customers with quality motorsports experiences.

In particular, ISC has taken measures to reduce expenses by decreasing the number of races, reducing the company’s overhead costs, and focusing on the cost structure of its facilities and events. ISC continues to pursue new sources of revenue as well, including tapping into sponsorship opportunities or launching new racing series, such as the Global Rallycross Series.

ISC has also taken measures to optimize their marketing strategies during recessions, to ensure that their events are relevant and attractive to sponsors and viewers alike. To this end, they have increased their use of digital and social media, to reach more customers, and increased promotional activities to capture their existing fan base. At the same time, ISC also strives to stay abreast of the latest trends and technological developments in motorsports. This allows them to innovate and make efficient use of their entertainment and promotional resources.

Overall, International Speedway Corporation has been successful in maintaining its profitability and seamless operations in the face of various economic conditions. Their strong determination and commitment to their events and customers, as well as their adaptability and technological savvy, has enabled ISC to remain successful in the motorsports industry, even in tough times.

How does International Speedway Perform During High Inflation Economy?

When facing high inflation, ISC implements strategies to protect its capital investments, mitigate risks associated with rising costs, and strengthen its access to necessary resources. In order to better manage cash flow during times of inflation, the company works closely with its suppliers, vendors, and customers to maintain competitive pricing structures. ISC also seeks out government resources and incentive packages, which can help to offset higher costs, such as raw materials, transportation, and labor. The company also works closely with regulatory bodies and local governing bodies to identify potential areas for cost savings.

In addition to cost-management strategies, ISC also engages in operational initiatives to improve efficiency in areas such as waste elimination, improved inventory control, and greater utilization of its existing resources. These activities help to ensure that the company is able to remain competitive and generate a profit in spite of inflationary pressure.

Finally, ISC has also implemented a variety of risk-management strategies, such as diversifying its portfolio of competitors, customers, and suppliers, so that it is able to better withstand the impact of economic downturns and unexpected market changes. Additionally, the company utilizes currency hedging to reduce its exposure to foreign exchange rate fluctuations.

By taking these initiatives, ISC has been able to efficiently adapt to the challenges associated with inflation. While other organizations have had to make drastic changes in order to remain profitable, ISC’s proactive and strategic approach has enabled it to remain competitive and successful during times of high inflation.

What Are the Risks Associated to International Speedway (ISPO)?

The risks associated with investing in ISC include, but are not limited to, potential changes in consumer behavior, the potential for volatility with quarterly results, and the risk that governmental regulation could impact its operations. There is also the risk that changes in the competitive landscape, promotions, and pricing could impact ISC’s business. Additionally, the company may be subject to legal and regulatory risk, particularly as it pertains to environmental issues. Lastly, the company is exposed to currency risk because the majority of its operating income and expenses are denominated in U.S. Dollars.