Churchill Downs Statistics
Share Statistics
Churchill Downs has 73.50M shares outstanding. The number of shares has increased by -1.58% in one year.
| Shares Outstanding | 73.50M |
| Shares Change (YoY) | n/a |
| Shares Change (QoQ) | -0.12% |
| Owned by Institutions (%) | n/a |
| Shares Floating | 66.40M |
| Failed to Deliver (FTD) Shares | 43 |
| FTD / Avg. Volume | 0.01% |
Short Selling Information
The latest short interest is 1.48M, so 2.01% of the outstanding shares have been sold short.
| Short Interest | 1.48M |
| Short % of Shares Out | 2.01% |
| Short % of Float | 2.23% |
| Short Ratio (days to cover) | 3.2 |
Valuation Ratios
The PE ratio is 24.32 and the forward PE ratio is 19.87. Churchill Downs's PEG ratio is 0.63.
| PE Ratio | 24.32 |
| Forward PE | 19.87 |
| PS Ratio | 4.12 |
| Forward PS | 3.3 |
| PB Ratio | 11.35 |
| P/FCF Ratio | -143.52 |
| PEG Ratio | 0.63 |
Enterprise Valuation
Churchill Downs has an Enterprise Value (EV) of 14.84B.
| EV / Earnings | 35.56 |
| EV / Sales | 6.03 |
| EV / EBITDA | 14.76 |
| EV / EBIT | 26.31 |
| EV / FCF | -209.88 |
Financial Position
The company has a current ratio of 0.53, with a Debt / Equity ratio of 5.41.
| Current Ratio | 0.53 |
| Quick Ratio | 0.53 |
| Debt / Equity | 5.41 |
| Total Debt / Capitalization | 84.4 |
| Cash Flow / Debt | 0.13 |
| Interest Coverage | 2.1 |
Financial Efficiency
Return on equity (ROE) is 0.47% and return on capital (ROIC) is 7.31%.
| Return on Equity (ROE) | 0.47% |
| Return on Assets (ROA) | 0.06% |
| Return on Capital (ROIC) | 7.31% |
| Revenue Per Employee | 434.93K |
| Profits Per Employee | 73.73K |
| Employee Count | 5.66K |
| Asset Turnover | 0.35 |
| Inventory Turnover | 0 |
Taxes
| Income Tax | 144.50M |
| Effective Tax Rate | 0.26 |
Stock Price Statistics
The stock price has increased by 5.54% in the last 52 weeks. The beta is 0.96, so Churchill Downs's price volatility has been higher than the market average.
| Beta | 0.96 |
| 52-Week Price Change | 5.54% |
| 50-Day Moving Average | 139.99 |
| 200-Day Moving Average | 134.27 |
| Relative Strength Index (RSI) | 42.47 |
| Average Volume (20 Days) | 457.80K |
Income Statement
In the last 12 months, Churchill Downs had revenue of $2.46B and earned $417.30M in profits. Earnings per share was $5.55.
| Revenue | 2.46B |
| Gross Profit | 795.70M |
| Operating Income | 564.00M |
| Net Income | 417.30M |
| EBITDA | 1.01B |
| EBIT | 564.00M |
| Earnings Per Share (EPS) | 5.55 |
Balance Sheet
The company has $144.50M in cash and $4.84B in debt, giving a net cash position of -$4.69B.
| Cash & Cash Equivalents | 144.50M |
| Total Debt | 4.84B |
| Net Cash | -4.69B |
| Retained Earnings | 894.50M |
| Total Assets | 7.17B |
| Working Capital | -322.70M |
Cash Flow
In the last 12 months, operating cash flow was $605.80M and capital expenditures -$676.50M, giving a free cash flow of -$70.70M.
| Operating Cash Flow | 605.80M |
| Capital Expenditures | -676.50M |
| Free Cash Flow | -70.70M |
| FCF Per Share | -0.94 |
Margins
Gross margin is 32.32%, with operating and profit margins of 22.91% and 16.95%.
| Gross Margin | 32.32% |
| Operating Margin | 22.91% |
| Pretax Margin | 22.82% |
| Profit Margin | 16.95% |
| EBITDA Margin | 40.84% |
| EBIT Margin | 22.91% |
| FCF Margin | -2.87% |
Dividends & Yields
CHDN pays an annual dividend of $0.41, which amounts to a dividend yield of 0.3%.
| Dividend Per Share | $0.41 |
| Dividend Yield | 0.3% |
| Dividend Growth (YoY) | 7.33% |
| Payout Ratio | 7.41% |
| Earnings Yield | 4.08% |
| FCF Yield | -0.71% |
Analyst Forecast
The average price target for CHDN is $163, which is 19.8% higher than the current price. The consensus rating is "Buy".
| Price Target | $163 |
| Price Target Difference | 19.8% |
| Analyst Consensus | Buy |
| Analyst Count | 8 |
Stock Splits
The last stock split was on May 22, 2023. It was a forward split with a ratio of 2:1.
| Last Split Date | May 22, 2023 |
| Split Type | forward |
| Split Ratio | 2:1 |
Scores
| Altman Z-Score | 1.9 |
| Piotroski F-Score | 7 |