Latest news with #ChurchillDowns
Yahoo
3 days ago
- 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
Daily Mail
25-05-2025
- Sport
- Daily Mail
Mike Tirico reveals new details on terrifying illness that saw him rushed off air during Kentucky Derby coverage
Mike Tirico has revealed the allergic reaction that forced him to step away from NBC's Kentucky Derby coverage is something he's dealt with his 'whole life' despite admitting it is an extremely rare occurrence. The legendary broadcaster, 58, sparked concern earlier this month when he was rushed off air at Churchill Downs after suffering a 'significant reaction' to his nut allergy. Fortunately, Tirico quickly took to social media to reassure fans that he was fine after the terrifying ordeal, before he explained how eating something with a nut in had caused his throat and nose to 'clog up and swell'. And a few weeks on from the health scare he has provided new details on the allergy, insisting that kind of reaction only occurs 'every several years.' During an interview with TMZ Sports, Tirico said: 'I've had a peanut allergy my whole life. Unfortunate timing, but glad we could bring light to the 30 million folks who deal with food allergies all the time.' He then added: 'I've heard from a lot of parents, sadly parents who lost their kids to food allergies, folks who had serious reactions, who appreciated that their kids could talk about it freely.' Mike Tirico has revealed the allergic reaction he suffered in Kentucky is a rare occurence The broadcaster was rushed off air at the Kentucky Derby after a reaction to his nut allergy When asked how often that reaction occurs, the NBC commentator explained: 'Not very often at all, I'm really careful about it. Just one of those times. 'It's rare. It only happens every several years.' Tirico didn't return for Saturday's big race, the 151st edition of the Kentucky Derby, which was ultimately won by Sovereignty. He had to be replaced by NBC colleague Ahmed Fareed on the day, before sharing an update to his followers on X. Hate being a scratch after making the starting gate @KentuckyDerby,' Tirico said. 'Just a significant reaction to my nut allergy. If you have one you know how it can knock you down. Profound thanks to @ChurchillDowns for their care. And to our amazing @NBCSports horse racing family.' Tirico is one of the most recognizable faces in sports broadcasting and the leading voice for NBC Sports. Tirico posted on social media a 'significant reaction to my nut allergy' forced him to step away The New York native calls Sunday Night Football weekly, has been the lead in-studio host for every Olympic Games dating back to the 2016 Summer Olympics and hosts all three events in horse racing's Triple Crown. In building his career and covering nearly every major sporting event over his 38-year career, he has built up an impressive net worth and yearly salary. Tirico makes $6million annually and has a net worth of $14million, per Parade. He has also made strides outside of sports broadcasting with NBC, filling in as a host on 'Today' during Easter week.
Yahoo
25-05-2025
- Entertainment
- Yahoo
Pat Day Mile Victor Macho Music Points To Top-Level Woody Stephens
Mark Fletcher Taylor, Daniel Walters, and trainer Rohan Crichton's Macho Music worked Friday for a probable next start in the $500,000 Woody Stephens (G1) on June 7 during the Belmont Stakes Racing Festival at Saratoga Race Course. The Maclean's Music bay breezed five furlongs in 1:00.60 over the Churchill Downs training track as his first breeze back since a 3 1/4-length score in the Pat Day Mile (G2) on Kentucky Derby Day at Churchill. Advertisement 'It was good. He worked really well,' said Crichton. 'Julien Leparoux worked him and said he galloped out really well. We are happy, and he cooled out well, so we are moving forward.' Macho Music's last-out score over the Bob Baffert-trained pair of Madaket Road and Gaming registered a career-best 97 Beyer Speed Figure. The performance validated a previous 11 1/4-length score in the seven-furlong Sophomore versus fellow Florida-breds on March 30 at Tampa Bay Downs. Crichton said returning Macho Music to seven-furlongs in the Woody Stephens should be appreciated. 'We like the cutback, we'd like it as well if it was one mile, but I think the cutback may end up suiting him,' Crichton said. 'We think seven furlongs is well within his scope.' Advertisement Crichton, a partner at an accounting firm, earned his first graded stakes win in the Pat Day Mile and now pursues his first Grade 1. 'It was really gratifying to see him run that way. That was our biggest win for sure, no doubt. I think he is getting ready to put in another good run. He's come out of that race full of energy and focus, and he's doing really well,' said Crichton. 'We are probably going to sit chilly in Louisville due to weather and ship to Saratoga after his next work.' It doesn't take an accountant to realize the high return on investment of Macho Music, a $60,000 purchase at the 2024 OBS March Sale of Two-Year-Olds in Training who has banked $501,857 through an 8-4-2-0 record. He is out of the stakes-winning Tapit mare Southern Girl, a half-sister to 2013 Breeders' Cup Classic (G1) winner Mucho Macho Man and full sister to Grade 2 winner Marconi. 'He didn't work particularly fast at that sale [10 2/5 seconds] but his gallop-out was really good and we felt that the conditions, he ran against a head wind, there were some non-quantitative factors that went into it,' Crichton said. 'We liked his second dam [Ponche de Leona] and her influence as a broodmare, she threw Mucho Macho Man, but this was all the recommendation of Stephen Skaggs, I just put my hand up.'
Yahoo
17-05-2025
- Climate
- Yahoo
Fresh Mint Syrup Is The Delicious, Historically Inaccurate Secret Weapon For Your Kentucky Derby Mint Julep
When the horses are at the gate in Churchill Downs for the Kentucky Derby, there is no better drink to have in your hand than a cold, strong mint julep. Cocktail historians and experts will be the first to tell you that a proper mint julep should not be made with mint syrup but individually plucked mint leaves lightly muddled in the glass with sugar, the historically accurate and labor-intensive way of making the drink. The only problem with those objections? The fact that mint syrup is delicious. It is the refreshing scent of a summer herb garden distilled down into a sweetly potent secret weapon. Not only useful for making mint juleps, mint syrup is also delicious when spiked in a cold glass of iced tea or drizzled over ice cream. (MORE: Seasonal Lemonade Recipes For March) When my garden is overflowing with mint, which happens to grow like a weed, I can never resist harvesting a bunch for this sweet treat. Make a large batch of mint syrup before your Kentucky Derby party and you'll have more time to focus on the important things, like which horse to bet on. The 2025 Kentucky Derby will be on Saturday, May 3. It has a post time of 6:57 p.m. ET. 1 cup water 1 cup raw sugar 1 large handful of fresh mint leaves Bring water to a boil and add sugar. Once dissolved, remove from heat. In the still-warm water, let mint steep for 10 to 15 minutes. Pour through a fine mesh strainer to remove any trace of the mint leaves. Keep refrigerated for a week. 2 ounces Kentucky bourbon 1 ounce mint syrup Crushed ice Fresh mint springs, for garnish Fill a lowball glass or chilled, silver goblet (if available) with crushed ice. Pour bourbon and syrup into the glass and garnish with a sprig of mint. Enjoy. writer Wyatt Williams is exploring the relationship between weather, food, agriculture, and the natural world. MORE ON Cozy Springtime Brews For Rainy Days Sweeten Your Easter With This Yummy Carrot Cake Sweet and Smoky Ham Recipes
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
