Churchill Downs Incorporated (CHDN)
NASDAQ: CHDN · Real-Time Price · USD
138.38
-2.22 (-1.58%)
Sep 20, 2024, 3:34 PM EDT - Market open
Churchill Downs Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for Churchill Downs stock have an average target of 157.3, with a low estimate of 138 and a high estimate of 166. The average target predicts an increase of 13.67% from the current stock price of 138.38.
Analyst Consensus: Strong Buy
* Price targets were last updated on Aug 12, 2024.
Analyst Ratings
The average analyst rating for CHDN stock from 10 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 | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 4 | 4 | 4 |
| Buy | 4 | 4 | 4 | 6 | 6 | 6 |
| 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 | 9 | 10 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B of A Securities | B of A Securities | Hold → Strong Buy Upgrades $145 → $155 | Hold → Strong Buy | Upgrades | $145 → $155 | +12.01% | Aug 12, 2024 |
| Macquarie | Macquarie | Buy Maintains $154 → $162 | Buy | Maintains | $154 → $162 | +17.07% | Jul 26, 2024 |
| JMP Securities | JMP Securities | Buy Maintains $158 → $166 | Buy | Maintains | $158 → $166 | +19.96% | Jul 26, 2024 |
| Mizuho | Mizuho | Buy Maintains $143 → $157 | Buy | Maintains | $143 → $157 | +13.46% | Jul 26, 2024 |
| Stifel | Stifel | Strong Buy Maintains $160 → $164 | Strong Buy | Maintains | $160 → $164 | +18.51% | Jul 26, 2024 |
Financial Forecast
Revenue This Year
2.81B
from 2.46B
Increased by 14.31%
Revenue Next Year
3.11B
from 2.81B
Increased by 10.55%
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 | 19.0% | 19.2% | 15.3% |
| Avg | 14.3% | 10.6% | 4.8% |
| Low | 8.7% | 2.2% | -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.