Churchill Downs CEO Sells $240,516 in Stock (CHDN)
Churchill Downs (NASDAQ:CHDN) CEO Robert L. Evans unloaded 2,700 shares of the company’s stock in a transaction that occurred on Monday, July 7th. The shares were sold at an average price of $89.08, for a total transaction of $240,516.00. Following the sale, the chief executive officer now directly owns 179,877 shares of the company’s stock, valued at approximately $16,023,443. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Churchill Downs (NASDAQ:CHDN) traded down 0.61% on Thursday, hitting $89.30. 59,998 shares of the company’s stock traded hands. Churchill Downs has a 1-year low of $79.41 and a 1-year high of $96.74. The stock has a 50-day moving average of $88.53 and a 200-day moving average of $89.66. The company has a market cap of $1.556 billion and a P/E ratio of 30.15.
Churchill Downs (NASDAQ:CHDN) last issued its quarterly earnings data on Wednesday, April 23rd. The company reported ($0.04) EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.04 by $0.08. The company had revenue of $167.30 million for the quarter, compared to the consensus estimate of $167.44 million. During the same quarter in the prior year, the company posted $0.06 earnings per share. The company’s quarterly revenue was up 13.1% on a year-over-year basis. On average, analysts predict that Churchill Downs will post $3.75 earnings per share for the current fiscal year.
Churchill Downs Incorporated is a diversified provider of pari-mutuel horseracing, casino gaming, entertainment, and is the country’s premier source of online account wagering on horseracing events.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.