Our top pick for
Beginners
Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.
How to buy Canterbury Park Holding Corporation stock
Own Canterbury Park Holding Corporation stock in just a few minutes.
Fact checked
Canterbury Park Holding Corporation is a gambling business based in the US. Canterbury Park Holding Corporation shares (CPHC) are listed on the NASDAQ and all prices are listed in US Dollars. Canterbury Park Holding Corporation employs 281 staff and has a trailing 12-month revenue of around USD$39.6 million.
How to buy shares in Canterbury Park Holding Corporation
- Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
- Search for Canterbury Park Holding Corporation. Find the stock by name or ticker symbol: CPHC. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Canterbury Park Holding Corporation reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Canterbury Park Holding Corporation, depending on your broker.
- Check in on your investment. Congratulations, you own a part of Canterbury Park Holding Corporation. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
Our top pick for
Building a portfolio
Our top pick for
Advanced traders
What's in this guide?
- CPHC shares summary
- Compare share dealing platforms
- Is CPHC stock a buy or sell?
- Stock performance over time
- Can I short CPHC shares?
- Are CPHC shares over-valued?
- Canterbury Park Holding Corporation's financials
- How volatile are CPHC shares?
- Does Canterbury Park Holding Corporation pay a dividend?
- Other common questions
Canterbury Park Holding Corporation share price
Use our graph to track the performance of CPHC stocks over time.Canterbury Park Holding Corporation shares at a glance
Information last updated 2021-02-23.
| 52-week range | USD$7.8 - USD$13.9711 |
|---|---|
| 50-day moving average | USD$13.1397 |
| 200-day moving average | USD$12.3951 |
| Wall St. target price | USD$11 |
| PE ratio | 41.9304 |
| Dividend yield | USD$0.07 (0.53%) |
| Earnings per share (TTM) | USD$0.316 |
Buy Canterbury Park Holding Corporation shares from these brokerages
Compare special offers, low fees and a wide range of types of investments among top trading platforms.*Signup bonus information updated weekly.
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
Is it a good time to buy Canterbury Park Holding Corporation stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Is Canterbury Park Holding Corporation under- or over-valued?
Valuing Canterbury Park Holding Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Canterbury Park Holding Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Canterbury Park Holding Corporation's P/E ratio
Canterbury Park Holding Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 42x. In other words, Canterbury Park Holding Corporation shares trade at around 42x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Canterbury Park Holding Corporation's EBITDA
Canterbury Park Holding Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$2.7 million.
The EBITDA is a measure of a Canterbury Park Holding Corporation's overall financial performance and is widely used to measure a its profitability.
Canterbury Park Holding Corporation financials
| Revenue TTM | USD$39.6 million |
|---|---|
| Gross profit TTM | USD$18.7 million |
| Return on assets TTM | -0.09% |
| Return on equity TTM | 2.96% |
| Profit margin | 3.73% |
| Book value | $10.795 |
| Market capitalisation | USD$62.5 million |
TTM: trailing 12 months
Shorting Canterbury Park Holding Corporation shares
There are currently 812 Canterbury Park Holding Corporation shares held short by investors – that's known as Canterbury Park Holding Corporation's "short interest". This figure is 45.4% down from 1,488 last month.
There are a few different ways that this level of interest in shorting Canterbury Park Holding Corporation shares can be evaluated.
Canterbury Park Holding Corporation's "short interest ratio" (SIR)
Canterbury Park Holding Corporation's "short interest ratio" (SIR) is the quantity of Canterbury Park Holding Corporation shares currently shorted divided by the average quantity of Canterbury Park Holding Corporation shares traded daily (recently around 2900). Canterbury Park Holding Corporation's SIR currently stands at 0.28. In other words for every 100,000 Canterbury Park Holding Corporation shares traded daily on the market, roughly 280 shares are currently held short.
However Canterbury Park Holding Corporation's short interest can also be evaluated against the total number of Canterbury Park Holding Corporation shares, or, against the total number of tradable Canterbury Park Holding Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Canterbury Park Holding Corporation's short interest could be expressed as 0% of the outstanding shares (for every 100,000 Canterbury Park Holding Corporation shares in existence, roughly 0 shares are currently held short) or 0.0004% of the tradable shares (for every 100,000 tradable Canterbury Park Holding Corporation shares, roughly 0 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Canterbury Park Holding Corporation.
Find out more about how you can short Canterbury Park Holding Corporation stock.
Canterbury Park Holding Corporation share dividends
Dividend payout ratio: 21.88% of net profits
Recently Canterbury Park Holding Corporation has paid out, on average, around 21.88% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Canterbury Park Holding Corporation shareholders could enjoy a 2% return on their shares, in the form of dividend payments. In Canterbury Park Holding Corporation's case, that would currently equate to about $0.07 per share.
While Canterbury Park Holding Corporation's payout ratio might seem low, this can signify that Canterbury Park Holding Corporation is investing more in its future growth.
Canterbury Park Holding Corporation's most recent dividend payout was on 15 January 2020. The latest dividend was paid out to all shareholders who bought their shares by 30 December 2019 (the "ex-dividend date").
Canterbury Park Holding Corporation share price volatility
Over the last 12 months, Canterbury Park Holding Corporation's shares have ranged in value from as little as $7.8 up to $13.9711. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Canterbury Park Holding Corporation's is 0.5048. This would suggest that Canterbury Park Holding Corporation's shares are less volatile than average (for this exchange).
Canterbury Park Holding Corporation overview
Canterbury Park Holding Corporation hosts pari-mutuel wagering on horse races and unbanked card games at its Canterbury park racetrack and card casino facility in Shakopee, Minnesota. The company operates through four segments: Horse Racing, Card Casino, Food and Beverage, and Development. The Horse Racing segment operates year-round simulcasting of horse races and wagering on live thoroughbred; and quarter horse races on a seasonal basis. The Card Casino segment offers unbanked card games, such as poker and table games. The Food and Beverage segment operates concession stands, restaurants and buffets, bars, and other food venues; and café style restaurants and full service bars within the Card Casino and simulcast area. This segment also provides lounge services; buffet restaurant; various concession style food and beverages; and catering and events services. The Development segment engages in real estate development compatible with racetrack operations; and various development opportunities, such as office, restaurants, hotel, entertainment and retail operations. It is also involved in related services and activities, such as parking, advertising signage, publication sales, and other entertainment events and activities. The company was founded in 1994 and is based in Shakopee, Minnesota.
Frequently asked questions
More guides on Finder
-
How to buy Toast Inc (CPHC.US) stock when it goes public
Everything we know about the Toast Inc IPO, plus information on how to buy in.
-
How to buy Cyxtera (CPHC.US) stock when it goes public
Everything we know about the Cyxtera IPO, plus information on how to buy in.
-
How to buy ATI Physical Therapy (CPHC.US) stock when it goes public
Everything we know about the ATI Physical Therapy IPO, plus information on how to buy in.
-
How to buy Sportradar (CPHC.US) stock when it goes public
Everything we know about the Sportradar IPO, plus information on how to buy in.
-
How to buy Longboard Pharmaceuticals Inc (LBPH) stock when it goes public
Everything we know about the Longboard Pharmaceuticals Inc IPO, plus information on how to buy in.
-
How to buy Prometheus Biosciences Inc (RXDX) stock when it goes public
Everything we know about the Prometheus Biosciences Inc IPO, plus information on how to buy in.
-
How to buy Olo Inc (OLO) stock when it goes public
Everything we know about the Olo Inc IPO, plus information on how to buy in.
-
How to buy China Eco-Materials Group Co Limited (ZGHB) stock when it goes public
Everything we know about the China Eco-Materials Group Co Limited IPO, plus information on how to buy in.
-
How to buy Gain Therapeutics Inc (GANX) stock when it goes public
Everything we know about the Gain Therapeutics Inc IPO, plus information on how to buy in.
-
How to buy Karat Packaging Inc (KRT) stock when it goes public
Everything we know about the Karat Packaging Inc IPO, plus information on how to buy in.
Ask an Expert