On Tuesday, Churchill Downs, Inc. (NASDAQ: CHDN) opened higher 1.80% from the last session, before settling in for the closing price of $136.57. Price fluctuations for CHDN have ranged from $106.45 to $146.64 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 22.38%. Company’s average yearly earnings per share was noted 18.96% at the time writing. With a float of $66.45 million, this company’s outstanding shares have now reached $74.50 million.
Let’s determine the extent of company efficiency that accounts for 7970 employees. In terms of profitability, gross margin is 34.34%, operating margin of 25.98%, and the pretax margin is 21.02%.
Churchill Downs, Inc. (CHDN) Insider Activity
A key investor’s attitude towards the stock of the Gambling industry is another important factor to consider. The insider ownership of Churchill Downs, Inc. is 9.49%, while institutional ownership is 77.94%. The most recent insider transaction that took place on Sep 23 ’24, was worth 137,140. Before that another transaction happened on Sep 09 ’24, when Company’s Former Director proposed sale 4,879 for $140.00, making the entire transaction worth $683,060.
Churchill Downs, Inc. (CHDN) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 18.96% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 16.57% during the next five years compared to 27.90% growth over the previous five years of trading.
Churchill Downs, Inc. (NASDAQ: CHDN) Trading Performance Indicators
Check out the current performance indicators for Churchill Downs, Inc. (CHDN). In the past quarter, the stock posted a quick ratio of 0.57. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.90. Likewise, its price to free cash flow for the trailing twelve months is 542.96.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.42, a number that is poised to hit 0.97 in the next quarter and is forecasted to reach 7.28 in one year’s time.
Technical Analysis of Churchill Downs, Inc. (CHDN)
Looking closely at Churchill Downs, Inc. (NASDAQ: CHDN), its last 5-days average volume was 0.35 million, which is a drop from its year-to-date volume of 0.43 million. As of the previous 9 days, the stock’s Stochastic %D was 80.84%. Additionally, its Average True Range was 2.94.
During the past 100 days, Churchill Downs, Inc.’s (CHDN) raw stochastic average was set at 61.84%, which indicates a significant decrease from 79.03% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.42% in the past 14 days, which was lower than the 21.03% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $137.21, while its 200-day Moving Average is $130.64. However, in the short run, Churchill Downs, Inc.’s stock first resistance to watch stands at $141.00. Second resistance stands at $142.97. The third major resistance level sits at $145.48. If the price goes on to break the first support level at $136.51, it is likely to go to the next support level at $134.00. Should the price break the second support level, the third support level stands at $132.03.
Churchill Downs, Inc. (NASDAQ: CHDN) Key Stats
There are currently 73,505K shares outstanding in the company with a market cap of 10.21 billion. Presently, the company’s annual sales total 2,462 M according to its annual income of 417,300 K. Last quarter, the company’s sales amounted to 890,700 K and its income totaled 209,300 K.
