Dover Motorsports (DVD) Raised to Hold at ValuEngine

ValuEngine upgraded shares of Dover Motorsports (NYSE:DVD) from a sell rating to a hold rating in a research note released on Saturday.

Shares of Dover Motorsports stock opened at $2.20 on Friday. The company has a market cap of $82.61 million, a P/E ratio of 22.00 and a beta of 0.13. Dover Motorsports has a 1 year low of $1.80 and a 1 year high of $2.30.

Dover Motorsports (NYSE:DVD) last announced its quarterly earnings results on Thursday, July 26th. The company reported $0.18 earnings per share (EPS) for the quarter. The company had revenue of $25.81 million for the quarter. Dover Motorsports had a net margin of 23.67% and a return on equity of 7.83%. research analysts anticipate that Dover Motorsports will post 0.15 earnings per share for the current fiscal year.

About Dover Motorsports

Dover Motorsports, Inc markets and promotes motorsports entertainment in the United States. It owns and operates Dover International Speedway in Dover, Delaware; and Nashville Superspeedway near Nashville, Tennessee. The company was formerly known as Dover Downs Entertainment, Inc Dover Motorsports, Inc was founded in 1969 and is based in Dover, Delaware.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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