Mid-cap consumer discretionary company Churchill Downs has moved 2.7% Friday, reaching $296.26 per share. In contrast, the average analyst target price for the stock is $321.71.
Churchill Downs Incorporated operates as a racing, online wagering, and gaming entertainment company in the United States. The company is based in the United States. Churchill Downs currently returns an annual dividend yield of 0.2%.
What to Consider if You Are Thinking of Buying Churchill Downs:
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Churchill Downs has moved 60.0% over the last year.
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CHDN has a forward P/E ratio of 18.1 based on its EPS guidance of 16.35.
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Over the last 4 years, earnings per share (EPS) have been growing at a compounded average rate of 43.7%.
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The company has a price to earnings growth (PEG) ratio of 0.81.
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Its Price to Book (P/B) ratio is 15.73
Churchill Downs Has an Unconvincing Cash Flow History
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cashflow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2022-12-31 | 536,800 | -456,800 | 80,000 | -67.17 |
| 2021-12-31 | 335,500 | -91,800 | 243,700 | 364.03 |
| 2020-12-31 | 141,900 | -234,200 | -92,300 | -173.08 |
| 2019-12-31 | 289,600 | -163,300 | 126,300 | n/a |
Churchill Downs's recent cash flow history is disappointing. They've averaged $89.42 Million over the last 4 years while displaying a coefficient of variability of 155.9%. During this time, they grew at a -10.8% compounded rate
