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NASDAQ: CHDN
Churchill Downs Inc Stock

$118.96-0.34 (-0.28%)
Updated Apr 19, 2024
CHDN Price
$118.96
Fair Value Price
$123.82
Market Cap
$8.76B
52 Week Low
$106.45
52 Week High
$150.45
P/E
21.43x
P/B
9.81x
P/S
4.12x
PEG
0.82x
Dividend Yield
0.32%
Revenue
$2.46B
Earnings
$417.30M
Gross Margin
32.3%
Operating Margin
33.72%
Profit Margin
17%
Debt to Equity
6.78
Operating Cash Flow
$605M
Beta
1.43
Next Earnings
Apr 25, 2024
Ex-Dividend
N/A
Next Dividend
N/A

CHDN Overview

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. As of December 31, 2021, the company owned and operated three pari-mutuel gaming entertainment venues with approximately 3,050 historical racing machines (HRMs) in Kentucky; TwinSpires, an online wagering platform for horse racing, sports, and iGaming; nine retail sportsbooks; and casino gaming in eight states with approximately 11,000 slot machines and video lottery terminals, and 200 table games. It also offers streaming video of live horse races, replays, and an assortment of racing and handicapping information; and provides the Bloodstock Research Information Services platform for horse racing statistical data. In addition, the company manufactures and operates pari-mutuel wagering systems for racetracks, off-track betting facilities, and other pari-mutuel wagering businesses. Churchill Downs Incorporated was founded in 1875 and is headquartered in Louisville, Kentucky.

Zen Score

Industry Average (34)
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Due Diligence Checks

CHDN ($118.96) is undervalued by 3.93% relative to our estimate of its Fair Value price of $123.82 based on Discounted Cash Flow (DCF) modelling, but does not have a significant margin of safety
Below Fair Value Valuation
CHDN ($118.96) is not significantly undervalued (3.93%) relative to our estimate of its Fair Value price of $123.82 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
CHDN ($118.96) is trading above... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
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CHDN News

Valuation

CHDN fair value

Fair Value of CHDN stock based on Discounted Cash Flow (DCF)
Price
$118.96
Fair Value
$123.82
Undervalued by
3.93%
CHDN ($118.96) is undervalued by... subscribe to Premium to read more.
Below Fair Value Valuation
CHDN ($118.96) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
CHDN ($118.96) is trading above... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

CHDN price to earnings (PE)

For valuing profitable companies with steady earnings
Company
21.43x
Industry
-4.61x
Market
40.51x
CHDN is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
CHDN is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

CHDN price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
9.81x
Industry
5.1x
CHDN is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

CHDN price to earnings growth (PEG)

For valuing profitable companies with growth potential
CHDN is good value based... subscribe to Premium to read more.
PEG Value Valuation

CHDN's financial health

Profit margin

Revenue
$561.2M
Net Income
$57.6M
Profit Margin
10.3%
CHDN's cash burn is expected... subscribe to Premium to read more.
Interest Coverage Financials
CHDN's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$7.0B
Liabilities
$6.1B
Debt to equity
6.78
CHDN's short-term liabilities ($755.80M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
CHDN's long-term liabilities ($5.31B) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
CHDN's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
CHDN's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$106.5M
Investing
-$168.5M
Financing
$90.6M
CHDN's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

CHDN vs Gambling Stocks

TickerMarket Cap1d %P/EP/B
CHDN$8.76B-0.28%21.43x9.81x
LNW$7.83B-0.99%48.71x10.24x
IGT$4.05B+1.00%23.82x2.58x
SGHC$1.54B+1.64%32.98x2.56x
RSI$1.33B-2.76%-22.15x24.80x

Churchill Downs Stock FAQ

What is Churchill Downs's quote symbol?

(NASDAQ: CHDN) Churchill Downs trades on the NASDAQ under the ticker symbol CHDN. Churchill Downs stock quotes can also be displayed as NASDAQ: CHDN.

If you're new to stock investing, here's how to buy Churchill Downs stock.

What is the 52 week high and low for Churchill Downs (NASDAQ: CHDN)?

(NASDAQ: CHDN) Churchill Downs's 52-week high was $150.45, and its 52-week low was $106.45. It is currently -20.93% from its 52-week high and 11.75% from its 52-week low.

How much is Churchill Downs stock worth today?

(NASDAQ: CHDN) Churchill Downs currently has 73,677,379 outstanding shares. With Churchill Downs stock trading at $118.96 per share, the total value of Churchill Downs stock (market capitalization) is $8.76B.

Churchill Downs stock was originally listed at a price of $3.66 in Dec 31, 1997. If you had invested in Churchill Downs stock at $3.66, your return over the last 26 years would have been 3,152.94%, for an annualized return of 14.33% (not including any dividends or dividend reinvestments).

How much is Churchill Downs's stock price per share?

(NASDAQ: CHDN) Churchill Downs stock price per share is $118.96 today (as of Apr 19, 2024).

What is Churchill Downs's Market Cap?

(NASDAQ: CHDN) Churchill Downs's market cap is $8.76B, as of Apr 20, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Churchill Downs's market cap is calculated by multiplying CHDN's current stock price of $118.96 by CHDN's total outstanding shares of 73,677,379.
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