Churchill Downs (CHDN) Earnings Expected to Grow: Should You Buy?
Churchill Downs (CHDN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Will Churchill Downs (CHDN) Beat Estimates Again in Its Next Earnings Report?
Churchill Downs (CHDN) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Are Consumer Discretionary Stocks Lagging Churchill Downs (CHDN) This Year?
Here is how Churchill Downs (CHDN) and Lincoln Educational Services Corporation (LINC) have performed compared to their sector so far this year.
Here's Why Investors Should Buy Churchill Downs (CHDN) Stock
A solid pipeline of growth initiatives positions Churchill Downs (CHDN) for growth through the remainder of 2024 and into 2025.
Churchill Downs (CHDN) Enters Malta, Boosts HHR Solutions
Churchill Downs' (CHDN) subsidiary, Exacta Systems, takes a step forward for international expansion, alongside International Game Technology, in collaboration with National Lottery plc, by offering HHR technology in Malta.
Is Churchill Downs (CHDN) Stock Outpacing Its Consumer Discretionary Peers This Year?
Here is how Churchill Downs (CHDN) and Flexsteel Industries (FLXS) have performed compared to their sector so far this year.
Private Advisor Group LLC Cuts Stock Holdings in Churchill Downs Incorporated (NASDAQ:CHDN)
Private Advisor Group LLC lowered its stake in shares of Churchill Downs Incorporated (NASDAQ:CHDN – Free Report) by 22.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,382 shares of the company’s stock after selling 1,254 shares during the quarter. Private Advisor Group LLC’s holdings in Churchill Downs were worth $591,000 at the end of the most recent quarter. Other institutional investors and hedge funds have also bought and sold shares of the company. Vanguard Group Inc. lifted its position in shares of Churchill Downs by 0.8% during the third quarter. Vanguard Group Inc. now owns 6,689,337 shares of the company’s stock valued at $776,231,000 after purchasing an additional 56,318 shares in the last quarter. Ameriprise Financial Inc. increased its stake in Churchill Downs by 8.3% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,086,275 shares of the company’s stock valued at $126,051,000 after buying an additional 83,214 shares during the last quarter. Jennison Associates LLC lifted its position in shares of Churchill Downs by 28.9% during the 4th quarter. Jennison Associates LLC now owns 803,074 shares of the company’s stock worth $108,359,000 after buying an additional 179,814 shares in the last quarter. Northern Trust Corp boosted its stake in shares of Churchill Downs by 0.4% in the 3rd quarter. Northern Trust Corp now owns 490,503 shares of the company’s stock worth $56,918,000 after buying an additional 1,873 shares during the last quarter. Finally, Boston Partners bought a new position in shares of Churchill Downs in the third quarter valued at approximately $47,479,000. 82.59% of the stock is owned by hedge funds and other institutional investors. Churchill Downs Stock Down 1.0 % CHDN stock opened at $133.62 on Monday. Churchill Downs Incorporated has a twelve month low of $106.45 and a twelve month high of $145.25. The firm has a market capitalization of $9.82 billion, a PE ratio of 29.76, a PEG ratio of 3.79 and a beta of 0.99. The company has a quick ratio of 0.50, a current ratio of 0.50 and a debt-to-equity ratio of 5.88. The stock has a 50-day simple moving average of $125.00 and a two-hundred day simple moving average of $123.41. Churchill Downs (NASDAQ:CHDN – Get Free Report) last issued its quarterly earnings data on Wednesday, April 24th. The company reported $1.13 EPS for the quarter, beating the consensus estimate of $0.78 by $0.35. Churchill Downs had a net margin of 13.72% and a return on equity of 44.99%. The company had revenue of $590.90 million during the quarter, compared to analysts’ expectations of $565.41 million. During the same quarter in the previous year, the company earned $0.98 earnings per share. Churchill Downs’s revenue for the quarter was up 5.6% on a year-over-year basis. On average, equities analysts predict that Churchill Downs Incorporated will post 5.72 EPS for the current fiscal year. Insider Buying and Selling In other Churchill Downs news, Director Paul C. Varga bought 3,800 shares of Churchill Downs stock in a transaction that occurred on Monday, April 29th. The stock was acquired at an average cost of $130.22 per share, for a total transaction of $494,836.00. Following the completion of the transaction, the director now directly owns 28,902 shares in the company, valued at $3,763,618.44. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 5.13% of the stock is currently owned by company insiders. Analyst Ratings Changes A number of analysts recently commented on CHDN shares. Mizuho lifted their price target on Churchill Downs from $142.00 to $143.00 and gave the stock a “buy” rating in a report on Friday, April 26th. JMP Securities reaffirmed a “market outperform” rating and issued a $156.00 price target on shares of Churchill Downs in a report on Monday, May 6th. Truist Financial boosted their target price on Churchill Downs from $140.00 to $145.00 and gave the company a “buy” rating in a research note on Friday, April 26th. StockNews.com upgraded Churchill Downs from a “sell” rating to a “hold” rating in a research note on Wednesday, May 15th. Finally, Stifel Nicolaus boosted their price objective on Churchill Downs from $150.00 to $153.00 and gave the company a “buy” rating in a research note on Friday, April 26th. One research analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $145.25. Get Our Latest Stock Analysis on Churchill Downs About Churchill Downs (Free Report) Churchill Downs Incorporated operates as a racing, online wagering, and gaming entertainment company in the United States. It operates through three segments: Live and Historical Racing, TwinSpires, and Gaming. The company operates pari-mutuel gaming entertainment venues; TwinSpires, an online wagering platform for horse racing, sports, and iGaming; retail sports books; and casino gaming.
Churchill Downs (CHDN) Expands With New Resort in Indiana
Churchill Downs (CHDN) diversifies its product offering along with expanding its footprint with the opening of the Terre Haute Casino Resort.
