Home Sectors Consumer Cyclical Present Change: Churchill Downs (NASDAQ: CHDN)

Present Change: Churchill Downs (NASDAQ: CHDN)


Churchill Downs is part of the travel and leisure industry and consumer cyclical sector. 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 -0.94% with an open at 93.39 and a close of 92.50. It reached an intraday high of 93.91 and a low of 91.36.

PR Newswire:  AND THEY’RE OFF! Rocket Mortgage Partners with Churchill Downs to Launch the ‘Homestretch Sweepstakes’ for The Kentucky Derby Offering One Lucky Winner $250,000


The stock has a market cap of $3.7b with 40.3m shares outstanding, of which the float is 38.4m shares. Trading volume reached 155,899 shares compared to its average volume of 230,612 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, Churchill Downs shares returned 3.18% and in the past 30 trading days it returned 2.89%. Over three months, it changed 6.33%. In one year it has changed 14.95% and within that year its 52-week high was 104.87 and its 52-week low was 74.58. CHDN stock is 24.03% above its 52 Week Low.

Our calculations show a 200 day moving average of 90.93 and a 50 day moving average of 90.80. Currently CHDN stock is trading 1.73% above its 200 day moving average and may be a good opportunity to buy.

PR Newswire:  AND THEY’RE OFF! Rocket Mortgage Partners with Churchill Downs to Launch the ‘Homestretch Sweepstakes’ for The Kentucky Derby Offering One Lucky Winner $250,000


The last annual fiscal EPS for the company was reported at 8.39 that ended on 31st of December 2018, which according to the previous close, that is a PE of 11.03. Based on 2 analyst estimates, the consensus EPS for the next quarter is 0.37. The TTM EPS is 3.67, which comes to a TTM PE of 25.20. Historically, the PE high was 58.60 and the PE low was 11.03. If the stock reached its PE low, that would represent a price of 40.47, which is a decrease of -56.25%.

The dividend per share is currently 0.54, which is a dividend yield of 0.59%. Also, the payout ratio is 14.80%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 174.07, which means it is possibly undervalued and has a margin of safety of 46.86%

Indicators to Watch:

Based on the latest filings, there is 14.20% of insider ownership and 49.30% 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 1.18

SeekingAlpha:  Bank of Hawaii misses by $0.05, misses on revenue

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 63.36%, return on assets is 17.27%, profit margin is 21.60%, price-to-sales is 4.76 and price-to-book is 7.96.

Company Scores:

All scores are out of six:
 3  :Valuation Score
 5  :Past Performance Score
 2  :Financial Strength Score
 3  :Future Growth Score
 1  :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.