Churchill Downs, Inc (NASDAQ: CHDN) has a higher price-to-earnings ratio of 20.94x compared to its average ratio. CHDN has 36-month beta value of 0.92. Analysts have mixed views on the stock, with 9 analysts rating it as a “buy,” 2 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for CHDN is 66.13M, and currently, short sellers hold a 1.87% ratio of that float. The average trading volume of CHDN on February 21, 2025 was 463.82K shares.
CHDN) stock’s latest price update
The stock price of Churchill Downs, Inc (NASDAQ: CHDN) has dropped by -0.41 compared to previous close of 119.54. Despite this, the company has seen a fall of -1.53% in its stock price over the last five trading days. seekingalpha.com reported 2025-02-20 that Churchill Downs Incorporated (NASDAQ:CHDN ) Q4 2024 Earnings Conference Call February 20, 2025 9:00 AM ET Company Participants Sam Ullrich – Vice President, Investor Relations Bill Carstanjen – Chief Executive Officer Marcia Dall – Chief Financial Officer Conference Call Participants Barry Jonas – Truist Securities Zach Silverberg – Wells Fargo David Katz – Jefferies Chad Beynon – Macquarie Jordan Bender – Citizens Jeff Stantial – Stifel Joe Stauff – SIG Daniel Guglielmo – Capital One Securities Ben Chaiken – Mizuho Operator Hello, and welcome to the Churchill Downs Incorporated Fourth Quarter and Full Year 2024 Results Conference Call. At this time, all participants are in a listen-only mode.
CHDN’s Market Performance
CHDN’s stock has fallen by -1.53% in the past week, with a monthly drop of -5.81% and a quarterly drop of -14.30%. The volatility ratio for the week is 2.95% while the volatility levels for the last 30 days are 2.02% for Churchill Downs, Inc. The simple moving average for the past 20 days is -3.17% for CHDN’s stock, with a -12.26% simple moving average for the past 200 days.
Analysts’ Opinion of CHDN
Many brokerage firms have already submitted their reports for CHDN stocks, with BofA Securities repeating the rating for CHDN by listing it as a “Buy.” The predicted price for CHDN in the upcoming period, according to BofA Securities is $155 based on the research report published on August 12, 2024 of the previous year 2024.
Wells Fargo, on the other hand, stated in their research note that they expect to see CHDN reach a price target of $141, previously predicting the price at $137. The rating they have provided for CHDN stocks is “Overweight” according to the report published on April 15th, 2024.
Mizuho gave a rating of “Buy” to CHDN, setting the target price at $142 in the report published on March 26th of the previous year.
CHDN Trading at -7.20% from the 50-Day Moving Average
After a stumble in the market that brought CHDN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -20.74% of loss for the given period.
Volatility was left at 2.02%, however, over the last 30 days, the volatility rate increased by 2.95%, as shares sank -5.06% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -15.54% lower at present.
During the last 5 trading sessions, CHDN fell by -1.53%, which changed the moving average for the period of 200-days by -10.56% in comparison to the 20-day moving average, which settled at $122.94. In addition, Churchill Downs, Inc saw -10.85% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CHDN starting from FEALY ROBERT L, who proposed sale 1,000 shares at the price of $137.14 back on Sep 23 ’24. After this action, FEALY ROBERT L now owns shares of Churchill Downs, Inc, valued at $137,140 using the latest closing price.
FEALY ROBERT L, the Former Director of Churchill Downs, Inc, proposed sale 4,879 shares at $140.00 during a trade that took place back on Sep 09 ’24, which means that FEALY ROBERT L is holding shares at $683,060 based on the most recent closing price.
Stock Fundamentals for CHDN
Current profitability levels for the company are sitting at:
- 0.26 for the present operating margin
- 0.51 for the gross margin
The net margin for Churchill Downs, Inc stands at 0.16. The total capital return value is set at 0.11. Equity return is now at value 42.99, with 5.93 for asset returns.
Based on Churchill Downs, Inc (CHDN), the company’s capital structure generated 0.82 points at debt to capital in total, while cash flow to debt ratio is standing at 0.15. The debt to equity ratio resting at 4.53. The interest coverage ratio of the stock is 4.95.
Currently, EBITDA for the company is 709.0 million with net debt to EBITDA at 5.28. When we switch over and look at the enterprise to sales, we see a ratio of 4.93. The receivables turnover for the company is 27.7for trailing twelve months and the total asset turnover is 0.38. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.57.
Conclusion
To put it simply, Churchill Downs, Inc (CHDN) has had a bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
