Latest news with #CHDN
Yahoo
01-06-2025
- Business
- Yahoo
Jim Cramer and Wall Street Are Watching Churchill Downs Incorporated (CHDN)
We recently published a list of . In this article, we are going to take a look at where Churchill Downs Incorporated (NASDAQ:CHDN) stands against other stocks on Jim Cramer and Wall Street's radar. Toward the end of April, Cramer called Churchill Downs Incorporated (NASDAQ:CHDN) a 'one-trick pony,' as he said: 'Oh, you know what, that's kind of, hey, it's a one-trick pony. I'm not a fan, but I am a fan of yours.' A city skyline looking down on a busy racetrack with jockeys on horseback. Churchill Downs Incorporated (NASDAQ:CHDN) provides racing entertainment, online wagering, and casino gaming, including horse racing events, sports betting, and gaming at its properties. The company also offers technology and data services for wagering platforms and race operations. On May 27, Citizens JMP cut its price target on Churchill Downs (NASDAQ:CHDN) to $138 from $144 and maintained an Outperform rating. The analyst noted that the company removed its historical racing machines in Louisiana, which were expected to generate $10 to $15 million in annual EBITDA. The firm added that efforts are in progress to recover the lost income. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
15-05-2025
- Business
- Yahoo
1 Cash-Producing Stock with Exciting Potential and 2 to Avoid
While strong cash flow is a key indicator of stability, it doesn't always translate to superior returns. Some cash-heavy businesses struggle with inefficient spending, slowing demand, or weak competitive positioning. Not all companies are created equal, and StockStory is here to surface the ones with real upside. Keeping that in mind, here is one cash-producing company that leverages its financial strength to beat its competitors and two best left off your watchlist. Trailing 12-Month Free Cash Flow Margin: 1.7% With a storied history that began with its 1858 founding, Macy's (NYSE:M) is a department store chain that sells clothing, cosmetics, accessories, and home goods. Why Is M Risky? Poor same-store sales performance over the past two years indicates it's having trouble bringing new shoppers into its brick-and-mortar locations Sales are projected to tank by 5.6% over the next 12 months as its demand continues evaporating ROIC of 0.4% reflects management's challenges in identifying attractive investment opportunities Macy's is trading at $12.16 per share, or 5.3x forward P/E. Check out our free in-depth research report to learn more about why M doesn't pass our bar. Trailing 12-Month Free Cash Flow Margin: 10.5% Famous for hosting the Kentucky Derby, Churchill Downs (NASDAQ:CHDN) operates a horse racing, online wagering, and gaming entertainment business in the United States. Why Does CHDN Give Us Pause? Estimated sales growth of 5.8% for the next 12 months implies demand will slow from its two-year trend Low free cash flow margin of 4.5% for the last two years gives it little breathing room, constraining its ability to self-fund growth or return capital to shareholders Below-average returns on capital indicate management struggled to find compelling investment opportunities Churchill Downs's stock price of $98.60 implies a valuation ratio of 15.2x forward P/E. Dive into our free research report to see why there are better opportunities than CHDN. Trailing 12-Month Free Cash Flow Margin: 7.7% Selling excess inventory or overstocked items from other retailers, Ross Stores (NASDAQ:ROST) is an off-price concept that sells apparel and other goods at prices much lower than department stores. Why Could ROST Be a Winner? Rapid rollout of new stores to capitalize on market opportunities makes sense given its strong same-store sales performance Same-store sales growth averaged 3.6% over the past two years, showing it's bringing new and repeat shoppers into its stores Impressive free cash flow profitability enables the company to fund new investments or reward investors with share buybacks/dividends At $150 per share, Ross Stores trades at 22.5x forward P/E. Is now the time to initiate a position? See for yourself in our comprehensive research report, it's free. Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 6 Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 176% over the last five years. Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+354% five-year return). Find your next big winner with StockStory today for free. Sign in to access your portfolio
Business Insider
05-05-2025
- Business
- Business Insider
Churchill Downs says Kentucky Derby Day wagering set new record
Churchill Downs (CHDN) says wagering from all sources on the Kentucky Derby Day program set a new record of $349.0M, beating last year's record of $320.5M. All-sources wagering on the Kentucky Derby race was a new record of $234.4M, beating last year's record of $210.7M. All-sources handle for Derby Week rose to a new record of $473.9M, beating last year's record of $446.6M. TwinSpires handled a new record of $108.0M in wagering on Churchill Downs races for the Kentucky Derby Day program, compared to last year's record of $92.1M, including all settled future wagers and affiliate wagering. Protect Your Portfolio Against Market Uncertainty
Yahoo
25-04-2025
- Business
- Yahoo
Churchill Downs: Q1 Earnings Snapshot
LOUISVILLE, Ky. (AP) — LOUISVILLE, Ky. (AP) — Churchill Downs Inc. (CHDN) on Wednesday reported first-quarter profit of $76.7 million. The Louisville, Kentucky-based company said it had profit of $1.02 per share. Earnings, adjusted for non-recurring costs, came to $1.07 per share. The results fell short of Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.08 per share. The racetrack operator and gambling company posted revenue of $642.6 million in the period, also missing Street forecasts. Four analysts surveyed by Zacks expected $647 million. Churchill Downs shares have dropped 21% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $104.89, a decrease of 15% in the last 12 months. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on CHDN at Sign in to access your portfolio
