Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The closing price of Churchill Downs, Inc (NASDAQ: CHDN) was $98.92 for the day, up 0.63% from the previous closing price of $98.30. In other words, the price has increased by $0.63 from its previous closing price. On the day, 0.55 million shares were traded.
Ratios:
Our analysis of CHDN’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 26.35 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 24.44. For the most recent quarter (mrq), Quick Ratio is recorded 0.52 and its Current Ratio is at 0.53. In the meantime, Its Debt-to-Equity ratio is 4.56 whereas as Long-Term Debt/Eq ratio is at 4.49.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Barclays on April 11, 2025, initiated with a Overweight rating and assigned the stock a target price of $125.
On August 12, 2024, BofA Securities Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $145 to $155.
Wells Fargo Upgraded its Equal Weight to Overweight on April 15, 2024, whereas the target price for the stock was revised from $137 to $141.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on May 07 ’25 when GRISSOM DOUGLAS C bought 10,000 shares for $92.77 per share. The transaction valued at 927,700 led to the insider holds 38,869 shares of the business.
Rankin R Alex bought 2,000 shares of CHDN for $185,300 on May 05 ’25. The Director now owns 99,012 shares after completing the transaction at $92.65 per share. On May 02 ’25, another insider, VARGA PAUL C, who serves as the Director of the company, bought 2,000 shares for $92.97 each. As a result, the insider paid 185,940 and bolstered with 33,260 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CHDN now has a Market Capitalization of 7145198592. As of this moment, Churchill’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.61, and their Forward P/E ratio for the next fiscal year is 14.72. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.65. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.56 while its Price-to-Book (P/B) ratio in mrq is 6.72.
Stock Price History:
Over the past 52 weeks, CHDN has reached a high of $150.21, while it has fallen to a 52-week low of $85.58. The 50-Day Moving Average of the stock is 2.30%, while the 200-Day Moving Average is calculated to be -18.57%.
Shares Statistics:
A total of 72.80M shares are outstanding, with a floating share count of 65.00M. Insiders hold about 10.01% of the company’s shares, while institutions hold 79.04% stake in the company.
Dividends & Splits
With its trailing 12-month dividend rate of 0.409, CHDN has a forward annual dividend rate of 0.41. Against a Trailing Annual Dividend Yield of 0.0041607325
