Churchill Downs Incorporated Shares Approach 52-Week High - Market Mover

The shares closed 1.8% below its 52-week high of $258.32, with trading volume higher than its 30 day average

Mar 15, 2021 by Kwhen Finance Editors

Churchill Downs Incorporated Shares Approach 52-Week High - Market Mover
Churchill Downs Incorporated shares closed today at 1.8% below its 52 week high of $258.32, giving the company a market cap of $9B. The stock is currently up 30.2% year-to-date, up 174.3% over the past 12 months, and up 459.2% over the past five years. This week, the Dow Jones Industrial Average rose 4.1%, and the S&P 500 rose 2.7%.

Trading Activity

  • Trading volume this week was 29.3% lower than the 20-day average.
  • Beta, a measure of the stock’s volatility relative to the overall market stands at 1.8.

Technical Indicators

  • The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.
  • MACD, a trend-following momentum indicator, indicates an upward trend.
  • The stock closed below its Bollinger band, indicating it may be oversold.

Fundamentals & Catalysts

  • Over the past 12 months the company generated $199 million in earnings before interest and taxes from $1 billion in revenue. It currently holds $67 million in cash and $424 million in debt.
  • Its forward price-to-earnings (P/E) ratio of 39.62714659751709 is higher than its current P/E ratio of -119.27, implying that analysts are expecting a decrease in earnings.
  • The company's price/earnings-to-growth ratio (PEG Ratio), a widely used indicator of a stock's true value while also factoring in expected earnings growth, currently stands at 0.68. A fairly valued company should have a PEG ratio of 1.0. When a company's PEG exceeds 1.0, it's considered overvalued while a stock with a PEG of less than 1.0 is considered undervalued.
  • The company's debt-to-equity ratio, which measures the extent to which it finances its operations through debt, currently stands at 7.32 which means it currently has $7.32 of debt for every $1 of equity. Generally speaking, a debt to equity ratio below 1.0 is seen as relatively safe, while ratios of 2.0 or higher would be considered risky. Some industries are known for having much higher debt to equity ratios than others.
  • The company's price-to-book ratio, which measures the market's valuation of a company relative to its book value, currently stands at 24.17. This means that the stock is trading at a premium of 24 times relative to the company's book value which reflects the total value of a company's assets that shareholders of that company would receive if the company were to be liquidated.
  • The company's price-to-sales ratio, which shows how much the market values every dollar of the company's sales, currently stands at 8.42.
  • The company's enterprise value-to-revenue multiple, which is often used to determine a company's valuation in the case of a potential acquisition, currently stands at 9.89.

P/E

-119.27

EBITDA

$199M

P/Book

24.17

Mkt Cap

$9B

P/Sales

8.42

Revenue

$1B

EPS (TTM)

-2.04

PEG Ratio

0.68

EV/Revenue

9.89

Total Cash

$67M

Debt/Equity

7.32

Forward P/E

39.63

Current Debt

$424M

Gross Profit

$193M

Dividend Date

-

Earnings Date

2021-02-24

Profit Margin

-0.08

Revenue/Share

27.39

Total Revenue

$1B

Enterprise Val

$10B

Put/Call Ratio

0.89

Revenue/Employee

234222.22

Market Comparative Performance

  • The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis
  • The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis
  • The company share price is the same as the performance of its peers in the Communication Services industry sector , beats it on a 1-year basis, and beats it on a 5 year basis
NameDoD %ΔYTD %Δ1 Yr %52-Week H %52-Week L %
Churchill Downs Incorporated-0.330.2174.3-2.1379.8
Dow Jones Industrial Average0.57.644.40.284.0
S&P 500 Index0.65.449.0-0.383.0
Communication Services0.711.564.2-0.695.3

Peer Group Comparative Performance

  • The company's stock price performance year-to-date beats the peer average by 17.2%
  • The company's stock price performance over the past 12 months lags the peer average by -60.5%
NameMKT CAP (USD)P/EYTD %Δ1 Yr %Δ52-Week H %52-Week L %
Churchill Downs IncorporatedCHDN-119.330.2174.3-2.1379.8
Peer AvgN/A-11.625.7441.2-7.61652.8
Penn National Gaming Inc.PENN-31.958.0782.2-2.23604.5
Scientific Games CorporationSGMS-8.420.1470.8-5.21233.2
Dover Motorsports Inc.DVD5.5-0.970.8-15.4120.6

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