Churchill Downs, (NASDAQ: CHDN) has recently received a number of price target changes and ratings updates:

  • 8/5/2017 – Churchill Downs, was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 8/1/2017 – Churchill Downs, was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong-buy” rating. They now have a $215.00 price target on the stock. According to Zacks, “Churchill Downs Inc. is a racing company that primarily conducts pari-mutuel wagering on live Thoroughbred, Standardbred and Quarter Horse horse racing and simulcast signals of races. Additionally, the company offers racing services through our other business interests. “
  • 7/30/2017 – Churchill Downs, had its “buy” rating reaffirmed by analysts at Imperial Capital.
  • 7/28/2017 – Churchill Downs, had its price target raised by analysts at Telsey Advisory Group from $180.00 to $182.00. They now have a “market perform” rating on the stock.
  • 7/28/2017 – Churchill Downs, had its price target raised by analysts at Imperial Capital from $184.00 to $208.00. They now have an “outperform” rating on the stock.
  • 7/19/2017 – Churchill Downs, was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 7/11/2017 – Churchill Downs, was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Churchill Downs Inc. is a racing company that primarily conducts pari-mutuel wagering on live Thoroughbred, Standardbred and Quarter Horse horse racing and simulcast signals of races. Additionally, the company offers racing services through our other business interests. “
  • 6/28/2017 – Churchill Downs, was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Churchill Downs Inc. is a racing company that primarily conducts pari-mutuel wagering on live Thoroughbred, Standardbred and Quarter Horse horse racing and simulcast signals of races. Additionally, the company offers racing services through our other business interests. “
  • 6/24/2017 – Churchill Downs, was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.

Churchill Downs, Incorporated (NASDAQ:CHDN) opened at 192.95 on Tuesday. The company has a market cap of $3.11 billion, a PE ratio of 26.37 and a beta of 0.88. Churchill Downs, Incorporated has a 12-month low of $129.85 and a 12-month high of $196.00. The company’s 50-day moving average price is $182.75 and its 200-day moving average price is $164.45.

Churchill Downs, (NASDAQ:CHDN) last posted its quarterly earnings data on Wednesday, July 26th. The company reported $4.81 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $4.51 by $0.30. The firm had revenue of $451.90 million during the quarter, compared to analyst estimates of $439.33 million. Churchill Downs, had a net margin of 9.22% and a return on equity of 15.83%. The company’s revenue for the quarter was up 3.1% on a year-over-year basis. During the same quarter last year, the business posted $4.11 EPS. Equities analysts anticipate that Churchill Downs, Incorporated will post $6.72 earnings per share for the current year.

In related news, Director Richard L. Duchossois bought 4,548 shares of Churchill Downs, stock in a transaction dated Thursday, May 18th. The stock was purchased at an average cost of $164.95 per share, with a total value of $750,192.60. Following the transaction, the director now directly owns 9,509 shares of the company’s stock, valued at $1,568,509.55. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director R Alex Rankin bought 1,000 shares of Churchill Downs, stock in a transaction dated Wednesday, May 17th. The shares were bought at an average cost of $164.17 per share, with a total value of $164,170.00. Following the completion of the transaction, the director now directly owns 11,214 shares in the company, valued at $1,841,002.38. The disclosure for this purchase can be found here. Company insiders own 18.44% of the company’s stock.

Churchill Downs Incorporated is a racing, gaming and online entertainment company. The Company is engaged in brick-and-mortar casino gaming with approximately 9,030 gaming positions in seven states, and is a legal mobile and online platform for betting on horseracing in the United States. It operates through six segments: Racing, Casinos, TwinSpires, Big Fish Games, Other Investments and Corporate.

Receive News & Ratings for Churchill Downs Incorporated Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Churchill Downs Incorporated and related companies with MarketBeat.com's FREE daily email newsletter.