Home Sectors Consumer Cyclical Technicals and Fundamentals: Churchill Downs (NASDAQ: CHDN)

Technicals and Fundamentals: Churchill Downs (NASDAQ: CHDN)


Churchill Downs is part of the consumer cyclical sector and trades as part of the travel and leisure industry. The company CEO is William C. Carstanjen. Churchill Downs Inc is a gambling company operating the Churchill Downs racetrack. The reportable business segments are racing, casinos, twin spires, corporate, and other investments.

Previous Intraday Trading Performance:

The CHDN stock showed a previous change of 1.77% with an open at 91.94 and a close of 93.32. It reached an intraday high of 93.40 and a low of 91.58.

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The stock has a market cap of $11.4b with 122.1m shares outstanding, of which the float is 120.9m shares. Trading volume reached 145,100 shares compared to its average volume of 289,169 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, Churchill Downs shares returned 1.55% and in the past 30 trading days it returned 18.05%. Over three months, it changed 7.77%. In one year it has changed 17.82% and within that year its 52-week high was 104.87 and its 52-week low was 74.58. CHDN stock is 25.13% above its 52 Week Low.

Our calculations show a 200 day moving average of 92.42 and a 50 day moving average of 87.23. Currently CHDN stock is trading 0.98% above its 200 day moving average and may be a good opportunity to buy.

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The last annual fiscal EPS for the company was reported at 2.93 that ended on 31st of December 2017, which according to the previous close, that is a PE of 31.85. Based on 2 analyst estimates, the consensus EPS for the next quarter is 0.17. The TTM EPS is 3.57, which comes to a TTM PE of 26.14. Historically, the PE high was 58.60 and the PE low was 19.10. If the stock reached its PE low, that would represent a price of 68.19, which is a decrease of -26.93%.

The following are the last four quarter reported earnings per share:
09-30-2018:  0.53
06-30-2018:  2.57
03-31-2018:  0.36
12-31-2017:  0.11

The dividend per share is currently 0.54, which is a dividend yield of 0.58%. Also, the payout ratio is 15.22%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 85.50, which means it may be overvalued by -9.15%

Indicators to Watch:

Based on the latest filings, there is 9.30% of insider ownership and 92.80% of institutional ownership. Short-interest is 0, which is 0.00% of shares outstanding. The short-interest ratio or days-to-cover ratio is 0.00.

The current calculated beta is 1.21

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Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 66.54%, return on assets is 18.80%, profit margin is 44.12%, price-to-sales is 14.48 and price-to-book is 7.25.

Company Scores:

All scores are out of six:
 0  :Valuation Score
 5  :Past Performance Score
 3  :Financial Strength Score
 2  :Future Growth Score
 0  :Dividend Score
 2  :Overall Score

John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.