Dover Motorsports P/S 2024

Dover Motorsports Aktienanalyse

What does Dover Motorsports do?

Dover Motorsports Inc is a US company that operates in the motorsports industry. The company was founded in 1969 and is headquartered in Dover, Delaware. Dover Motorsports operates and owns several motorsport facilities in the USA, including the Dover International Speedway in Delaware, the Nashville Superspeedway in Tennessee, and the Gateway Motorsports Park in Illinois. The business model of Dover Motorsports is based on organizing and conducting motorsport events. The company works closely with other firms and organizations, offering a wide range of products and services to engage fans and spectators at its events. This includes ticketing, catering for visitors, entertainment between races, and ensuring spectator safety. Dover Motorsports has established itself as a leading provider of motorsport events in the Northeastern USA over the past decades. The company has expanded its events and now offers not only NASCAR races but also other sports such as drag races and monster truck shows. An important part of Dover Motorsports' business is the marketing and management of its motorsport-related properties. The company operates and owns several racetracks and other motorsports facilities in the USA. These facilities are used not only for motorsport events but also for other purposes such as music events, camping events, or television recordings. Dover Motorsports offers its customers and fans a wide range of products and services, including VIP packages that provide access to exclusive areas and events. The company also offers TV broadcasts and live streams for its events. Additionally, Dover Motorsports markets its own merchandise, such as t-shirts, hats, or collectibles. In the past, Dover Motorsports has been committed to promoting young talent and strengthening the American motorsports industry. It has taken initiatives to facilitate access to motorsport for young people and thus promote motorsport as a whole. The company is also striving to expand its influence on the motorsports industry through community-supported initiatives such as the construction of parks and facilities that help improve the image of motorsport in the public eye. Dover Motorsports is also preparing for the future by investing in technologies that aim to improve the reach and attractiveness of motorsport events. For example, the company recently expanded its digital marketing department. The goal is to increase online traffic and the social media presence of Dover Motorsports to reach more fans and promote their involvement in motorsport events. Overall, Dover Motorsports has achieved a lot in its 50-year history. The company is a key player in the American motorsports industry and has positioned itself as a leading organizer of races and other motorsport events over the past decades. Dover Motorsports will continue to play an important role in motorsport in the future and constantly strive to make motorsport accessible and appealing for fans and participants alike. Dover Motorsports ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Dover Motorsports's P/S Ratio

Dover Motorsports's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.

Year-to-Year Comparison

Comparing Dover Motorsports's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.

Impact on Investments

The P/S ratio is instrumental for investors evaluating Dover Motorsports's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.

Interpreting P/S Ratio Fluctuations

Variations in Dover Motorsports’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.

Frequently Asked Questions about Dover Motorsports stock

What is the price-to-earnings ratio of Dover Motorsports?

The price-earnings ratio of Dover Motorsports is currently 0.

How has the price-earnings ratio of Dover Motorsports changed compared to last year?

The price-to-earnings ratio of Dover Motorsports has increased by -100% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Dover Motorsports high compared to other companies?

Yes, the price-to-earnings ratio of Dover Motorsports is high compared to other companies.

How does an increase in the price-earnings ratio of Dover Motorsports affect the company?

An increase in the price-earnings ratio of Dover Motorsports would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Dover Motorsports affect the company?

A decrease in the price-earnings ratio of Dover Motorsports would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Dover Motorsports?

Some factors that influence the price-earnings ratio of Dover Motorsports are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Dover Motorsports pay?

Over the past 12 months, Dover Motorsports paid a dividend of 0.07 USD . This corresponds to a dividend yield of about 1.94 %. For the coming 12 months, Dover Motorsports is expected to pay a dividend of 0.08 USD.

What is the dividend yield of Dover Motorsports?

The current dividend yield of Dover Motorsports is 1.94 %.

When does Dover Motorsports pay dividends?

Dover Motorsports pays a quarterly dividend. This is distributed in the months of December, December, June, December.

How secure is the dividend of Dover Motorsports?

Dover Motorsports paid dividends every year for the past 0 years.

What is the dividend of Dover Motorsports?

For the upcoming 12 months, dividends amounting to 0.08 USD are expected. This corresponds to a dividend yield of 2.22 %.

In which sector is Dover Motorsports located?

Dover Motorsports is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Dover Motorsports kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Dover Motorsports from 12/10/2021 amounting to 0.04 USD, you needed to have the stock in your portfolio before the ex-date on 11/9/2021.

When did Dover Motorsports pay the last dividend?

The last dividend was paid out on 12/10/2021.

What was the dividend of Dover Motorsports in the year 2023?

In the year 2023, Dover Motorsports distributed 0.07 USD as dividends.

In which currency does Dover Motorsports pay out the dividend?

The dividends of Dover Motorsports are distributed in USD.