A share price of Churchill Downs, Inc [CHDN] is currently trading at $90.95, up 0.60%. An important factor to consider is whether the stock is rising or falling in short-term value. The CHDN shares have gain 3.36% over the last week, with a monthly amount drifted -17.86%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Churchill Downs, Inc [NASDAQ: CHDN] stock has seen the most recent analyst activity on April 11, 2025, when Barclays initiated its Overweight rating and assigned the stock a price target of $125. Previously, BofA Securities upgraded its rating to Buy on August 12, 2024, and elevated its price target to $155. On April 15, 2024, upgrade upgraded it’s rating to Overweight and revised its price target to $141 on the stock. Mizuho started tracking the stock assigning a Buy rating and suggested a price target of $142 on March 26, 2024. Wells Fargo downgraded its rating to a Equal Weight and raised its price target to $137 on January 05, 2024. CapitalOne started tracking with a Overweight rating for this stock on October 12, 2023, and assigned it a price target of $144. In a note dated October 03, 2023, Stifel initiated an Buy rating and provided a target price of $148 on this stock.
Churchill Downs, Inc experienced fluctuations in its stock price throughout the past year between $85.58 and $150.21. Currently, Wall Street analysts expect the stock to reach $144.84 within the next 12 months. Churchill Downs, Inc [NASDAQ: CHDN] shares were valued at $90.95 at the most recent close of the market. An investor can expect a potential return of 59.25% based on the average CHDN price forecast.
Analyzing the CHDN fundamentals
Trailing Twelve Months sales for Churchill Downs, Inc [NASDAQ:CHDN] were 2.79B which represents 8.75% growth. Gross Profit Margin for this corporation currently stands at 0.34% with Operating Profit Margin at 0.26%, Pretax Profit Margin comes in at 0.2%, and Net Profit Margin reading is 0.15%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.39 and Total Capital is 0.11. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 4.56.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 89.82 points at the first support level, and at 88.69 for the second support level. However, for the 1st resistance point, the stock is sitting at 91.69, and for the 2nd resistance point, it is at 92.43.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Churchill Downs, Inc [NASDAQ:CHDN] is 0.53. On the other hand, the Quick Ratio is 0.52, and the Cash Ratio is 0.21. Considering the valuation of this stock, the price to sales ratio is 2.36, the price to book ratio is 6.18 and price to earnings (TTM) ratio is 16.19.
Transactions by insiders
Recent insider trading involved FEALY ROBERT L, Former Director, that happened on Sep 23 ’24 when 1000.0 shares were purchased. Former Director, FEALY ROBERT L completed a deal on Sep 09 ’24 to buy 4879.0 shares. Meanwhile, Former Director FEALY ROBERT L bought 5121.0 shares on Aug 29 ’24.
