Churchill Downs Incorporated

Company Profile

Churchill Downs Incorporated had its IPO on 1993-03-29 under the ticker symbol CHDN.

The company operates in the Consumer Cyclical sector and Gambling industry. Churchill Downs Incorporated has a staff strength of 5,500 employees.

Stock update

Shares of Churchill Downs Incorporated opened at $117.77 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $117.77 - $118.75, and closed at $118.05.

This is a +0.01% increase from the previous day's closing price.

A total volume of 303,990 shares were traded at the close of the day’s session.

In the last one week, shares of Churchill Downs Incorporated have slipped by -6.4%.

Churchill Downs Incorporated's Key Ratios

Churchill Downs Incorporated has a market cap of $10.00 billion, indicating a price to book ratio of 13.8222 and a price to sales ratio of 4.8769.

In the last 12-months Churchill Downs Incorporated’s revenue was $2.01 billion with a gross profit of $566.40 million and an EBITDA of $580.40 million. The EBITDA ratio measures Churchill Downs Incorporated's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Churchill Downs Incorporated’s operating margin was 23.17% while its return on assets stood at 6.24% with a return of equity of 108.22%.

In Q1, Churchill Downs Incorporated’s quarterly earnings growth was a positive 278.7% while revenue growth was a positive 53.7%.

Churchill Downs Incorporated’s PE and PEG Ratio

Forward PE

0

Trailing PE

17.8981

PEG

2.58

Its diluted EPS in the last 12-months stands at $7.46 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 2.58. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Churchill Downs Incorporated’s profitability.

Churchill Downs Incorporated stock is trading at a EV to sales ratio of 6.8097 and a EV to EBITDA ratio of 12.9842. Its price to sales ratio in the trailing 12-months stood at 4.8769.

Churchill Downs Incorporated stock pays annual dividends of $0.357 per share, indicating a yield of 0.26% and a payout ratio of 3.99%.

Balance sheet and cash flow metrics

Total Assets

$6.27 billion

Total Liabilities

$694.40 million

Operating Cash Flow

$54.50 million

Capital Expenditure

$134.70 million

Dividend Payout Ratio

3.99%

Churchill Downs Incorporated ended 2024 with $6.27 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $6.27 billion while shareholder equity stood at $704.20 million.

Churchill Downs Incorporated ended 2024 with $385.80 million in deferred long-term liabilities, $694.40 million in other current liabilities, 4700000.00 in common stock, $700.40 million in retained earnings and $724.10 million in goodwill. Its cash balance stood at $173.90 million and cash and short-term investments were $173.90 million. The company’s total short-term debt was $72,000,000 while long-term debt stood at $4.35 billion.

Churchill Downs Incorporated’s total current assets stands at $377.50 million while long-term investments were $651.90 million and short-term investments were $0. Its net receivables were $74.00 million compared to accounts payable of $145.30 million and inventory worth $0.

In 2024, Churchill Downs Incorporated's operating cash flow was $54.50 million while its capital expenditure stood at $134.70 million.

Comparatively, Churchill Downs Incorporated paid $0.04 in dividends in 2024.

Other key metrics

Current Trading Price

$118.05

52-Week High

$150.4508

52-Week Low

$86.0972

Analyst Target Price

$321.71

Churchill Downs Incorporated stock is currently trading at $118.05 per share. It touched a 52-week high of $150.4508 and a 52-week low of $150.4508. Analysts tracking the stock have a 12-month average target price of $321.71.

Its 50-day moving average was $125.55 and 200-day moving average was $125.33 The short ratio stood at 3.47 indicating a short percent outstanding of 0%.

Around 1056.9% of the company’s stock are held by insiders while 7698.4% are held by institutions.