Churchill Downs Net Worth

Churchill Downs Net Worth Breakdown

  CHDN
The net worth of Churchill Downs Incorporated is the difference between its total assets and liabilities. Churchill Downs' net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Churchill Downs' assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Churchill Downs' net worth can be used as a measure of its financial health and stability which can help investors to decide if Churchill Downs is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Churchill Downs Incorporated stock.

Churchill Downs Net Worth Analysis

Churchill Downs' net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Churchill Downs' financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Churchill Downs' overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Churchill Downs' net worth analysis. One common approach is to calculate Churchill Downs' market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Churchill Downs' stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Churchill Downs' net worth. This approach calculates the present value of Churchill Downs' future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Churchill Downs' cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Churchill Downs' net worth. This involves comparing Churchill Downs' financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Churchill Downs' net worth relative to its peers.

Enterprise Value

3.88 Billion

To determine if Churchill Downs is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Churchill Downs' net worth research are outlined below:
Over 80.0% of the company shares are held by institutions such as insurance companies
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Churchill Downs Quarterly Good Will

900.2 Million

Churchill Downs uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Churchill Downs Incorporated. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Churchill Downs' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
21st of February 2024
Upcoming Quarterly Report
View
24th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
21st of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

Churchill Downs Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Churchill target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Churchill Downs' target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   11  Strong Buy
Most Churchill analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Churchill stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Churchill Downs rporated, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Churchill Downs Target Price Projection

Churchill Downs' current and average target prices are 129.44 and 144.75, respectively. The current price of Churchill Downs is the price at which Churchill Downs Incorporated is currently trading. On the other hand, Churchill Downs' target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Churchill Downs Market Quote on 28th of April 2024

Low Price127.49Odds
High Price130.53Odds

129.44

Target Price

Analyst Consensus On Churchill Downs Target Price

Low Estimate131.72Odds
High Estimate160.67Odds

144.75

Historical Lowest Forecast  131.72 Target Price  144.75 Highest Forecast  160.67
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Churchill Downs Incorporated and the information provided on this page.

Know Churchill Downs' Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Churchill Downs is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Churchill Downs Incorporated backward and forwards among themselves. Churchill Downs' institutional investor refers to the entity that pools money to purchase Churchill Downs' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Boston Partners Global Investors, Inc2023-12-31
810.6 K
Jennison Associates Llc2023-12-31
803.1 K
T. Rowe Price Associates, Inc.2023-12-31
713.1 K
Norges Bank2023-12-31
697.7 K
Bank Of New York Mellon Corp2023-12-31
666 K
Nitorum Capital, L.p.2023-12-31
588 K
Hudson Way Capital Management Llc2023-12-31
575.6 K
Charles Schwab Investment Management Inc2023-12-31
532.3 K
Northern Trust Corp2023-12-31
487.8 K
Capital Research Global Investors2023-12-31
6.8 M
Vanguard Group Inc2023-12-31
6.7 M
Note, although Churchill Downs' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Follow Churchill Downs' market capitalization trends

The company currently falls under 'Mid-Cap' category with a current market capitalization of 9.54 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Churchill Downs's market, we take the total number of its shares issued and multiply it by Churchill Downs's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Market Cap

3.17 Billion

Project Churchill Downs' profitablity

Churchill Downs' profitability indicators refer to fundamental financial ratios that showcase Churchill Downs' ability to generate income relative to its revenue or operating costs. If, let's say, Churchill Downs is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Churchill Downs' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Churchill Downs' profitability requires more research than a typical breakdown of Churchill Downs' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.11  0.07 
Return On Capital Employed 0.09  0.12 
Return On Assets 0.06  0.07 
Return On Equity 0.47  0.49 
The company has Profit Margin (PM) of 0.14 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.22 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.22.
When accessing Churchill Downs' net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Churchill Downs' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Churchill Downs' profitability and make more informed investment decisions.
The data published in Churchill Downs' official financial statements usually reflect Churchill Downs' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Churchill Downs rporated. For example, before you start analyzing numbers published by Churchill accountants, it's critical to develop an understanding of what Churchill Downs' liquidity, profitability, and earnings quality are in the context of the Hotels, Restaurants & Leisure space in which it operates.
Please note, the presentation of Churchill Downs' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Churchill Downs' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Churchill Downs' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Churchill Downs Incorporated. Please utilize our Beneish M Score to check the likelihood of Churchill Downs' management manipulating its earnings.

Evaluate Churchill Downs' management efficiency

Churchill Downs rporated has return on total asset (ROA) of 0.0566 % which means that it generated a profit of $0.0566 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.4467 %, meaning that it created $0.4467 on every $100 dollars invested by stockholders. Churchill Downs' management efficiency ratios could be used to measure how well Churchill Downs manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Churchill Downs' Return On Capital Employed is very stable compared to the past year. As of the 28th of April 2024, Return On Assets is likely to grow to 0.07, while Return On Tangible Assets are likely to drop 0.07. At this time, Churchill Downs' Intangibles To Total Assets are very stable compared to the past year. As of the 28th of April 2024, Debt To Assets is likely to grow to 0.73, though Non Currrent Assets Other are likely to grow to (71.8 M).
Last ReportedProjected for Next Year
Book Value Per Share 11.88  12.48 
Net Current Asset Value 0.00  0.00 
Tangible Asset Value 0.00  0.00 
Tangible Book Value Per Share(32.24)(30.63)
Enterprise Value Over EBITDA 16.11  10.72 
Price Book Value Ratio 11.35  11.92 
Enterprise Value Multiple 16.11  10.72 
Price Fair Value 11.35  11.92 
Enterprise Value3.7 B3.9 B
The analysis of Churchill Downs' management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Churchill Downs' future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Churchill Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Enterprise Value Revenue
5.5199
Revenue
2.5 B
Quarterly Revenue Growth
0.056
Revenue Per Share
33.286
Return On Equity
0.4467

Churchill Downs Corporate Filings

F4
25th of April 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
8K
24th of April 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
14th of March 2024
Other Reports
ViewVerify
13A
9th of February 2024
An amended filing to the original Schedule 13G
ViewVerify
Churchill Downs time-series forecasting models is one of many Churchill Downs' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Churchill Downs' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Churchill Downs Earnings Estimation Breakdown

The calculation of Churchill Downs' earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Churchill Downs is estimated to be 2.72 with the future projection ranging from a low of 2.6 to a high of 2.88. Please be aware that this consensus of annual earnings estimates for Churchill Downs Incorporated is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
1.13
2.60
Lowest
Expected EPS
2.72
2.88
Highest

Churchill Downs Earnings Projection Consensus

Suppose the current estimates of Churchill Downs' value are higher than the current market price of the Churchill Downs stock. In this case, investors may conclude that Churchill Downs is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Churchill Downs' stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 30th of June 2024Current EPS (TTM)
387.11%
1.13
2.72
4.52

Churchill Downs Earnings per Share Projection vs Actual

Actual Earning per Share of Churchill Downs refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Churchill Downs Incorporated predict the company's earnings will be in the future. The higher the earnings per share of Churchill Downs, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Churchill Downs Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Churchill Downs, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Churchill Downs should always be considered in relation to other companies to make a more educated investment decision.

Churchill Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Churchill Downs' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2024-04-25
2024-03-310.831.130.336 
2024-02-22
2023-12-310.740.860.1216 
2023-10-25
2023-09-300.860.870.01
2023-07-26
2023-06-302.62.24-0.3613 
2023-04-26
2023-03-311.791.960.17
2023-02-22
2022-12-311.671.46-0.2112 
2022-10-26
2022-09-301.31.620.3224 
2022-07-27
2022-06-303.83.90.1
2022-04-27
2022-03-311.071.230.1614 
2022-02-23
2021-12-311.11.110.01
2021-10-27
2021-09-301.471.570.1
2021-07-28
2021-06-302.592.960.3714 
2021-04-21
2021-03-310.560.870.3155 
2021-02-24
2020-12-310.270.19-0.0829 
2020-10-28
2020-09-300.741.190.4560 
2020-07-29
2020-06-30-0.55-0.530.02
2020-04-29
2020-03-310.160.05-0.1168 
2020-02-26
2019-12-31-0.060.420.48800 
2019-10-30
2019-09-300.510.550.04
2019-07-31
2019-06-302.812.66-0.15
2019-04-24
2019-03-310.40.630.2357 
2019-02-27
2018-12-310.140.20.0642 
2018-10-31
2018-09-300.490.35-0.1428 
2018-08-01
2018-06-302.482.520.04
2018-04-25
2018-03-310.220.360.1463 
2018-02-28
2017-12-310.190.190.0
2017-11-01
2017-09-300.290.360.0724 
2017-07-26
2017-06-301.51.60.1
2017-04-26
2017-03-310.190.15-0.0421 
2017-02-28
2016-12-310.210.19-0.02
2016-10-27
2016-09-300.310.17-0.1445 
2016-08-03
2016-06-301.191.370.1815 
2016-04-28
2016-03-310.160.05-0.1168 
2016-02-24
2015-12-310.120.140.0216 
2015-10-28
2015-09-300.220.08-0.1463 
2015-07-29
2015-06-301.141.03-0.11
2015-04-27
2015-03-31-0.05-0.030.0240 
2015-02-25
2014-12-31-0.010.030.04400 
2014-10-29
2014-09-300.140.07-0.0750 
2014-07-30
2014-06-301.061.070.01
2014-02-26
2013-12-310.06-0.11-0.17283 
2013-10-30
2013-09-300.140.170.0321 
2013-07-31
2013-06-300.960.94-0.02
2013-04-24
2013-03-310.040.02-0.0250 
2013-02-27
2012-12-310.060.05-0.0116 
2012-11-05
2012-09-300.120.11-0.01
2012-08-06
2012-06-300.850.870.02
2012-05-07
2012-03-31-0.040.010.05125 
2011-10-26
2011-09-300.10.120.0220 
2011-07-27
2011-06-300.730.790.06
2011-05-09
2011-03-31-0.1-0.060.0440 
2011-03-14
2010-12-31-0.04-0.09-0.05125 
2010-11-03
2010-09-30-0.030.070.1333 
2010-08-04
2010-06-300.680.62-0.06
2010-05-05
2010-03-31-0.17-0.21-0.0423 
2010-03-02
2009-12-31-0.07-0.17-0.1142 
2009-10-28
2009-09-300.08-0.03-0.11137 
2009-07-29
2009-06-300.710.730.02
2009-05-06
2009-03-31-0.19-0.120.0736 
2009-03-04
2008-12-31-0.06-0.09-0.0350 
2008-11-05
2008-09-300.060.060.0
2008-08-05
2008-06-300.740.7-0.04
2008-05-06
2008-03-31-0.22-0.220.0
2008-03-13
2007-12-31-0.07-0.13-0.0685 
2007-11-07
2007-09-300.070.03-0.0457 
2007-08-07
2007-06-300.690.710.02
2007-05-08
2007-03-31-0.26-0.210.0519 
2007-03-12
2006-12-31-0.04-0.030.0125 
2006-11-07
2006-09-300.10.07-0.0330 
2006-08-08
2006-06-300.650.680.03
2006-05-09
2006-03-31-0.25-0.26-0.01
2006-03-14
2005-12-31-0.01-0.1-0.09900 
2005-11-07
2005-09-300.070.090.0228 
2005-08-02
2005-06-300.750.56-0.1925 
2005-05-10
2005-03-31-0.32-0.36-0.0412 
2005-03-16
2004-12-310.02-0.0823-0.1023511 
2004-10-22
2004-09-300.020.020.0
2004-07-20
2004-06-300.690.68-0.01
2004-05-04
2004-03-31-0.31-0.30.01
2004-02-10
2003-12-310.01-0.01-0.02200 
2003-10-21
2003-09-300.190.20.01
2003-07-22
2003-06-300.680.70.02
2003-05-06
2003-03-31-0.3-0.290.01
2003-02-11
2002-12-310.120.120.0
2002-10-22
2002-09-300.20.20.0
2002-07-23
2002-06-300.560.580.02
2002-05-07
2002-03-31-0.32-0.310.01
2002-02-11
2001-12-310.090.10.0111 
2001-10-23
2001-09-300.190.18-0.01
2001-07-24
2001-06-300.560.55-0.01
2001-05-09
2001-03-31-0.28-0.280.0
2001-02-27
2000-12-310.050.060.0120 
2000-10-25
2000-09-300.220.230.01
2000-07-27
2000-06-300.620.620.0
2000-05-10
2000-03-31-0.3-0.30.0
2000-02-23
1999-12-310.090.10.0111 
1999-10-28
1999-09-300.030.040.0133 
1999-08-03
1999-06-300.590.60.01

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Churchill Downs Corporate Directors

Churchill Downs corporate directors refer to members of a Churchill Downs board of directors. The board of directors generally takes responsibility for the Churchill Downs' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Churchill Downs' board members must vote for the resolution. The Churchill Downs board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Richard DuchossoisIndependent DirectorProfile
Craig DuchossoisIndependent DirectorProfile
Karole LloydDirectorProfile
Kaitlin BuzzettoDirector RelationsProfile

How to buy Churchill Stock?

The net worth of Churchill Downs Incorporated is the difference between its total assets and liabilities. Churchill Downs' net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Churchill Downs' assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Churchill Downs' net worth can be used as a measure of its financial health and stability which can help investors to decide if Churchill Downs is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Churchill Downs Incorporated stock.

Already Invested in Churchill Downs Incorporated?

The danger of trading Churchill Downs Incorporated is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Churchill Downs is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Churchill Downs. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Churchill Downs rporated is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Churchill Downs rporated offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Churchill Downs' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Churchill Downs Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Churchill Downs Incorporated Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Churchill Downs Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
Note that the Churchill Downs rporated information on this page should be used as a complementary analysis to other Churchill Downs' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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Is Churchill Downs' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Churchill Downs. If investors know Churchill will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Churchill Downs listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.47)
Dividend Share
0.382
Earnings Share
4.52
Revenue Per Share
33.286
Quarterly Revenue Growth
0.056
The market value of Churchill Downs rporated is measured differently than its book value, which is the value of Churchill that is recorded on the company's balance sheet. Investors also form their own opinion of Churchill Downs' value that differs from its market value or its book value, called intrinsic value, which is Churchill Downs' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Churchill Downs' market value can be influenced by many factors that don't directly affect Churchill Downs' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Churchill Downs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Churchill Downs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Churchill Downs' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.