Churchill Downs Incorporated (CHDN)
NASDAQ: CHDN · Real-Time Price · USD
140.25
+0.11 (0.08%)
Oct 25, 2024, 4:00 PM EDT - Market closed
Churchill Downs Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for Churchill Downs stock have an average target of 161.38, with a low estimate of 151 and a high estimate of 168. The average target predicts an increase of 15.07% from the current stock price of 140.25.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for CHDN stock from 8 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 4 | 4 | 4 | 4 |
| Buy | 4 | 4 | 6 | 6 | 6 | 4 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 9 | 10 | 10 | 10 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Strong Buy Reiterates $166 → $165 | Strong Buy | Reiterates | $166 → $165 | +17.65% | Oct 25, 2024 |
| Mizuho | Mizuho | Buy Maintains $157 → $151 | Buy | Maintains | $157 → $151 | +7.66% | Oct 22, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $161 → $168 | Buy | Maintains | $161 → $168 | +19.79% | Oct 17, 2024 |
| JMP Securities | JMP Securities | Buy Reiterates $166 | Buy | Reiterates | $166 | +18.36% | Oct 14, 2024 |
| B of A Securities | B of A Securities | Hold → Strong Buy Upgrades $145 → $155 | Hold → Strong Buy | Upgrades | $145 → $155 | +10.52% | Aug 12, 2024 |
Financial Forecast
Revenue This Year
2.81B
from 2.46B
Increased by 14.15%
Revenue Next Year
3.11B
from 2.81B
Increased by 10.71%
EPS This Year
6.30
from 5.49
Increased by 14.73%
EPS Next Year
7.74
from 6.30
Increased by 22.85%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.9B | 3.4B | 3.6B |
| Avg | 2.8B | 3.1B | 3.3B |
| Low | 2.7B | 2.9B | 2.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 18.6% | 19.3% | 15.3% |
| Avg | 14.1% | 10.7% | 4.9% |
| Low | 8.1% | 2.6% | -5.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 6.74 | 8.63 | 9.66 |
| Avg | 6.30 | 7.74 | 8.75 |
| Low | 5.85 | 7.03 | 7.55 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 22.8% | 37.0% | 24.8% |
| Avg | 14.7% | 22.8% | 13.1% |
| Low | 6.6% | 11.6% | -2.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.