Churchill Downs, Incorporated

Valuation Analysis

About the Company

Churchill Downs, Incorporated en bref

Churchill Downs, Incorporated (CHDN) is currently trading at 77,03 € with a market capitalization of 5,4 Md €. The trailing P/E ratio stands at 16.26x, with a forward P/E of 12.14x. The 52-week range spans from 70,02 € to 103,38 €; the current price is 25.5% below the yearly high. Year-over-year revenue growth stands at +3.1%. The net profit margin stands at 13.21%.

💰 Dividende

Churchill Downs, Incorporated pays an annual dividend of 0,38 € per share, representing a yield of 0.5%. The payout ratio stands at 8.07%.

📊 Avis des analystes

12 analystes évaluent Churchill Downs, Incorporated (CHDN) au consensus : Achat Fort. L'objectif de cours moyen est de 119,77 €, soit un potentiel de +55.49% par rapport au cours actuel. La fourchette des objectifs de cours des analystes va de 95,99 € à 135,26 €.

Churchill Downs, Incorporated : la thèse d'investissement en détail

Churchill Downs, Incorporated (CHDN) operates in the Consumer Cyclical — specifically Gambling — and is headquartered in United States. Below is a structured read of the investment case built directly from the latest fundamentals, valuation multiples, analyst positioning and smart-money flows. Each section translates raw numbers into the investment logic they imply, so you can decide whether the risk/reward fits your portfolio.

Le scénario haussier

Return on equity of 35% places management among the most capital-efficient operators in the public market — every euro of shareholder capital is working hard. Wall Street consensus sits at Strong Buy with an average price target implying roughly 55.49% upside from current levels — analyst sentiment is firmly constructive. Our valuation screen flags the stock as undervalued relative to its fundamentals — multiples are running below where the cash flow profile would normally justify.

Le scénario baissier

Revenue growth has slowed to just 3.1%, which is below nominal GDP — the business is no longer outgrowing the broader economy. The debt-to-equity ratio of 438.29% is elevated, meaning the company relies heavily on creditors — refinancing terms will become more important than operational performance in the next economic downturn.

À surveiller

• The forward P/E of 12.14x is meaningfully below the trailing 16.26x — analysts expect earnings to step up; the next earnings release is the test.
• The price sits in the lower quartile of the 52-week range — value hunters often start scaling in around this zone if fundamentals hold.
• The analyst consensus price target implies 55.49% upside — if the next two quarters confirm the underlying thesis, target hikes typically follow.

Thèse d'investissement : forces et faiblesses

Aperçu technique

Price is below both the 50- and 200-day moving averages, with 50d below 200d — a bearish picture (death-cross alignment).

Profil de risque

The data points to relatively defensive market behavior, elevated short interest (6.57%), higher leverage relative to equity.

Trading Data

💵 Dividend Info

Related Stocks in the Same Sector

Where can I buy Churchill Downs, Incorporated?

Compare top-rated brokers — low fees, trusted providers, fully regulated.