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How to buy Churchill Downs Incorporated (CHDN) stocks in Canada
Learn how to easily invest in Churchill Downs Incorporated stocks.
Churchill Downs Incorporated is a gambling business based in the US. Churchill Downs Incorporated stocks (CHDN.US) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $205.14 – a decrease of 5.61% over the previous week. Churchill Downs Incorporated employs 3,800 staff and has a trailing 12-month revenue of around $1.6 billion.
How to buy stocks in Churchill Downs Incorporated
- Compare stock trading platforms. Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- Research the stock. Find the stock by name or ticker symbol – CHDN – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of stocks with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
What's in this guide?
- Can I buy shares in Churchill Downs Incorporated?
- Has coronavirus impacted Churchill Downs Incorporated shares?
- Churchill Downs Incorporated shares summary
- Compare share dealing platforms
- Is Churchill Downs Incorporated stock a buy or sell?
- Churchill Downs Incorporated performance over time
- Are Churchill Downs Incorporated shares over-valued?
- Churchill Downs Incorporated's financials
- How volatile are Churchill Downs Incorporated shares?
- Does Churchill Downs Incorporated pay a dividend?
- Have Churchill Downs Incorporated shares ever split?
- Other common questions
Churchill Downs Incorporated stock price (NASDAQ:CHDN)Use our graph to track the performance of CHDN stocks over time.
Churchill Downs Incorporated shares at a glance
|Latest market close||$185.51|
|52-week range||$174.47 - $261.40|
|50-day moving average||$210.09|
|200-day moving average||$221.21|
|Wall St. target price||$285.33|
|Dividend yield||$0.667 (0.36%)|
|Earnings per share (TTM)||$6.53|
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Note: The dollar amounts in the table below are in Canadian dollars.
Is it a good time to buy Churchill Downs Incorporated 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.
Churchill Downs Incorporated price performance over time
|1 week (2022-05-17)||-5.61%|
|1 month (2022-04-22)||-8.76%|
|3 months (2022-02-24)||-15.14%|
|6 months (2021-11-24)||-21.47%|
|1 year (2021-05-24)||-6.77%|
|2 years (2020-05-22)||51.73%|
|3 years (2019-05-24)||92.58%|
|5 years (2017-05-24)||9.93%|
Is Churchill Downs Incorporated under- or over-valued?
Valuing Churchill Downs Incorporated stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Churchill Downs Incorporated's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Churchill Downs Incorporated's P/E ratio
Churchill Downs Incorporated's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 28x. In other words, Churchill Downs Incorporated shares trade at around 28x recent earnings.
That's comparable to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29).
Churchill Downs Incorporated's PEG ratio
Churchill Downs Incorporated's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.58. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Churchill Downs Incorporated's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Churchill Downs Incorporated's EBITDA
Churchill Downs Incorporated's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $410.1 million.
The EBITDA is a measure of a Churchill Downs Incorporated's overall financial performance and is widely used to measure a its profitability.
Churchill Downs Incorporated financials
|Revenue TTM||$1.6 billion|
|Operating margin TTM||19.43%|
|Gross profit TTM||$446.1 million|
|Return on assets TTM||6.83%|
|Return on equity TTM||98.12%|
|Market capitalisation||$7 billion|
TTM: trailing 12 months
Churchill Downs Incorporated share dividends
Dividend payout ratio: 10% of net profits
Recently Churchill Downs Incorporated has paid out, on average, around 10% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.36% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Churchill Downs Incorporated shareholders could enjoy a 0.36% return on their shares, in the form of dividend payments. In Churchill Downs Incorporated's case, that would currently equate to about $0.667 per share.
While Churchill Downs Incorporated's payout ratio might seem low, this can signify that Churchill Downs Incorporated is investing more in its future growth.
Churchill Downs Incorporated's most recent dividend payout was on 7 January 2022. The latest dividend was paid out to all shareholders who bought their shares by 2 December 2021 (the "ex-dividend date").
Have Churchill Downs Incorporated's shares ever split?
Churchill Downs Incorporated's shares were split on a 3:1 basis on 28 January 2019. So if you had owned 1 share the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your Churchill Downs Incorporated shares – just the quantity. However, indirectly, the new 66.7% lower share price could have impacted the market appetite for Churchill Downs Incorporated shares which in turn could have impacted Churchill Downs Incorporated's share price.
Churchill Downs Incorporated share price volatility
Over the last 12 months, Churchill Downs Incorporated's shares have ranged in value from as little as $174.4735 up to $261.3962. 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 Churchill Downs Incorporated's is 1.1263. This would suggest that Churchill Downs Incorporated's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
Churchill Downs Incorporated overview
Churchill Downs Incorporated operates as a racing, online wagering, and gaming entertainment company in the United States. It operates through three segments: Live and Historical Racing, TwinSpires, and Gaming. As of December 31, 2021, the company owned and operated three pari-mutuel gaming entertainment venues with approximately 3,050 historical racing machines (HRMs) in Kentucky; TwinSpires, an online wagering platform for horse racing, sports, and iGaming; nine retail sportsbooks; and casino gaming in eight states with approximately 11,000 slot machines and video lottery terminals, and 200 table games. It also offers streaming video of live horse races, replays, and an assortment of racing and handicapping information; and provides the Bloodstock Research Information Services platform for horse racing statistical data. In addition, the company manufactures and operates pari-mutuel wagering systems for racetracks, off-track betting facilities, and other pari-mutuel wagering businesses. Churchill Downs Incorporated was founded in 1875 and is headquartered in Louisville, Kentucky. .
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Frequently asked questions
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.
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