Churchill Downs (CHDN) Stock | CHDN Stock Price & Analysis

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CHDN

Churchill Downs CHDN · NASDAQ

$91.16 +11.24% (+$9.21)

Summary

70 / 100 · Bulios Score

Valuation 82Growth 74Profitability 97Quality 62Debt 17Stability 89

What speaks for it

Out of every 100 USD of revenue, 15 USD is left as net profit.
Revenue grew by 17% a year over the last 3 years.
The share price is below the Bulios Fair Price.
It bought back its own shares for $427.8M in the last fiscal year, 6.7% of its market value.

What to watch

Repaying its net debt would take 3.9 years of operating profit.

Bulios Scoring describes a company's quality and track record, not its future return. A high score is not a buy signal. Learn more

Score in detail

Is it expensive?

Looks cheap

Bulios Fair Price

Current price $91.16

P/E today 14.1 44% lower

5-year average P/E 25.2

P/E today 14.1

Gambling, Resorts & Casinos industry median

Unlock fair price

Bulios Fair Price is an estimate of a stock's fair value from the Bulios valuation model. It is an input for your own analysis, not investment advice. How does it work?

Today you pay 14.1 USD for 1 USD of yearly profit. Over the last five years it was 25.2 USD on average.

Valuation in detail

Is it growing?

Yes, fast

Revenue (USD)

1.6B

1.8B

2.5B

2.7B

2.9B

3.0B

3.1B

2021202220232024202520262027

Diluted EPS (USD)

$3.18

$5.71

$5.48

$5.68

$5.32

$6.83

$7.30

2021202220232024202520262027

Analyst estimate

Revenue grew by 23% a year over 5 years. Over the last 3 years it grew by 17% a year. For the next fiscal year analysts expect revenue to grow by 3.1%.

Growth in detail

Does it make money?

Very well

Where 100 USD of revenue goes

Cost of sales 47 USD
Sales and administration 27 USD
Taxes and other 11 USD
Net profit 15 USD

Net profit, industry median (Gambling, Resorts & Casinos) 8.1 USD

Out of every 100 USD of revenue, 15 USD is left as net profit.

Profitability in detail

Is it financially healthy?

Debt is a burden

Cash and short-term investments $167.0M

Debt $4.73B

Free cash flow over 12 months $529.7M

Repaying all its debt would take 8.9 years of free cash flow. Its debt is larger than its cash.

Financial health in detail

Does it pay a dividend?

Small, safe

0.67

0.71

0.38

0.41

0.44

20212022202320242025

Yield: 0.48%
Paid out of profit: 6.8%
Raised in a row: 2 years

You receive $0.44 per share a year. The company covers the payout with ease.

Dividends in detail

What do analysts expect?

Mildly positive

Buy 23
Hold 0
Sell 0

Today's price within the analysts' price targets

Today's price $91.16 Average target $131.67

$91.16 $145

The average target of $131.67 is 44% above today's price. 100% of the analysts recommend buying.

Analysts in detail

What does it earn on?

Fiscal year 2025

By product

Gaming 34%
Pari-Mutuel, Historical Racing 33%
Pari-Mutuel, Live And Simulcast Racing 16%
Product and Service, Other 10%
Racing Event-Related Services 6.1%

By region

The company reports no revenue by region.

Gaming brings in 34% of revenue. Product and Service, Other grew fastest, by 51% a year.

Segments in detail