On Tuesday, Churchill Downs, Inc (NASDAQ: CHDN) opened higher 4.73% from the last session, before settling in for the closing price of $99.84. Price fluctuations for CHDN have ranged from $85.58 to $144.23 over the past 52 weeks.
A company in the Consumer Cyclical sector has jumped its sales by 27.39% annually for the last half of the decade. Company’s average yearly earnings per share was noted -1.15% at the time writing. With a float of $65.46 million, this company’s outstanding shares have now reached $69.80 million.
Churchill Downs, Inc (CHDN) Insider Updates
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 6.13%, while institutional ownership is 78.72%. The most recent insider transaction that took place on May 07 ’25, was worth 927,700. In this transaction Director of this company bought 10,000 shares at a rate of $92.77, taking the stock ownership to the 38,869 shares. Before that another transaction happened on May 05 ’25, when Company’s Director bought 2,000 for $92.65, making the entire transaction worth $185,300. This insider now owns 99,012 shares in total.
Churchill Downs, Inc (CHDN) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 12/31/2024, the company posted 0.92 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 0.95) by -0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.92 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -1.15% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.63% during the next five years compared to 27.39% 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 0.56. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.53. Likewise, its price to free cash flow for the trailing twelve months is 16.15.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.49, a number that is poised to hit 0.88 in the next quarter and is forecasted to reach 6.69 in one year’s time.
Technical Analysis of Churchill Downs, Inc (CHDN)
Let’s dig in a bit further. During the last 5-days, its volume was 0.56 million. That was inferior than the volume of 0.71 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 82.87%.
During the past 100 days, Churchill Downs, Inc’s (CHDN) raw stochastic average was set at 57.04%, which indicates a significant decrease from 97.04% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 2.98 in the past 14 days, which was higher than the 2.51 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $96.55, while its 200-day Moving Average is $102.64. However, in the short run, Churchill Downs, Inc’s stock first resistance to watch stands at $106.58. Second resistance stands at $108.61. The third major resistance level sits at $112.29. If the price goes on to break the first support level at $100.87, it is likely to go to the next support level at $97.19. Assuming the price breaks the second support level, the third support level stands at $95.16.
Churchill Downs, Inc (NASDAQ: CHDN) Key Stats
There are currently 69,729K shares outstanding in the company with a market cap of 7.29 billion. Presently, the company’s annual sales total 2,734 M according to its annual income of 426,800 K. Last quarter, the company’s sales amounted to 683,000 K and its income totaled 38,100 K.
