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Churchill Downs Inc CHDN

Morningstar Rating
$118.55 −0.79 (0.66%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

CHDN is trading at a 6% discount.
Price
$119.50
Fair Value
$596.89
Uncertainty
Medium
1-Star Price
$737.55
5-Star Price
$271.96
Economic Moat
Sdxfrqz
Capital Allocation
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News

Trading Information

Previous Close Price
$119.34
Day Range
$118.55120.58
52-Week Range
$106.58150.35
Bid/Ask
$118.29 / $118.62
Market Cap
$8.74 Bil
Volume/Avg
177,676 / 408,144

Key Statistics

Price/Earnings (Normalized)
24.10
Price/Sales
3.69
Dividend Yield (Trailing)
0.32%
Dividend Yield (Forward)
0.32%
Total Yield
0.96%

Company Profile

Churchill Downs Inc is a gaming entertainment, online wagering, and racing company. It operates through three business segments: Live and Historical Racing, TwinSpires, and Gaming. The Live and Historical Racing segment includes live and historical pari-mutuel racing. The TwinSpires segment includes the revenue and expenses for online horse racing and the online and retail sports betting and iGaming wagering business. The Gaming segment includes revenue and expenses for the casino properties and associated racetracks that support the casino license. The Gaming segment generates revenue and expenses from slot machines, table games, video lottery terminals, video poker, HRMs, ancillary food and beverage services, hotel services, commission on pari-mutuel wagering, and racing events.
Sector
Consumer Cyclical
Industry
Gambling
Stock Style Box
Small Growth
Total Number of Employees
7,970

Comparables

Valuation

Metric
CHDN
PENN
GDEN
Price/Earnings (Normalized)
24.1013.5537.75
Price/Book Value
9.950.771.78
Price/Sales
3.690.390.98
Price/Cash Flow
15.192.9018.76
Price/Earnings
CHDN
PENN
GDEN

Financial Strength

Metric
CHDN
PENN
GDEN
Quick Ratio
0.350.931.00
Current Ratio
0.531.112.35
Interest Coverage
3.09−0.166.07
Quick Ratio
CHDN
PENN
GDEN

Profitability

Metric
CHDN
PENN
GDEN
Return on Assets (Normalized)
5.79%−1.80%3.49%
Return on Equity (Normalized)
48.76%−8.09%12.15%
Return on Invested Capital (Normalized)
10.68%0.57%7.59%
Return on Assets
CHDN
PENN
GDEN
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