Churchill Downs Incorporated (CHDN)
NASDAQ: CHDN · IEX Real-Time Price · USD
140.11
-0.26 (-0.19%)
At close: Jul 19, 2024, 4:00 PM
140.49
+0.38 (0.27%)
Pre-market: Jul 22, 2024, 7:00 AM EDT
Churchill Downs Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for Churchill Downs stock have an average target of 150.33, with a low estimate of 138 and a high estimate of 165. The average target predicts an increase of 7.29% from the current stock price of 140.11.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for CHDN stock from 9 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 5 | 5 | 5 | 5 | 5 |
| Buy | 3 | 3 | 4 | 4 | 4 | 4 |
| Hold | 1 | 1 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 9 | 9 | 9 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Strong Buy Maintains $145 → $165 | Strong Buy | Maintains | $145 → $165 | +17.76% | Jul 18, 2024 |
| JMP Securities | JMP Securities | Buy Maintains $156 → $158 | Buy | Maintains | $156 → $158 | +12.77% | Jul 17, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $145 → $150 | Buy | Maintains | $145 → $150 | +7.06% | Jul 16, 2024 |
| Jefferies | Jefferies | Strong Buy Maintains $153 → $160 | Strong Buy | Maintains | $153 → $160 | +14.20% | Jul 11, 2024 |
| JMP Securities | JMP Securities | Buy Reiterates $156 | Buy | Reiterates | $156 | +11.34% | May 6, 2024 |
Financial Forecast
Revenue This Year
2.77B
from 2.46B
Increased by 12.61%
Revenue Next Year
3.11B
from 2.77B
Increased by 12.12%
EPS This Year
6.16
from 5.49
Increased by 12.25%
EPS Next Year
7.83
from 6.16
Increased by 27.08%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.9B | 3.3B | 3.6B |
| Avg | 2.8B | 3.1B | 3.5B |
| Low | 2.6B | 2.9B | 3.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 18.3% | 19.9% | 17.1% |
| Avg | 12.6% | 12.1% | 11.6% |
| Low | 6.1% | 5.1% | 5.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 6.76 | 8.53 | 9.05 |
| Avg | 6.16 | 7.83 | 8.79 |
| Low | 5.70 | 7.13 | 8.45 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 23.2% | 38.4% | 15.6% |
| Avg | 12.2% | 27.1% | 12.3% |
| Low | 3.9% | 15.7% | 7.9% |
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.