Churchill Downs Incorporated (CHDN)
NASDAQ: CHDN · IEX Real-Time Price · USD
135.37
+1.75 (1.31%)
May 20, 2024, 4:00 PM EDT - Market closed
Churchill Downs Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for Churchill Downs stock have an average target of 147.44, with a low estimate of 138 and a high estimate of 165. The average target predicts an increase of 8.92% from the current stock price of 135.37.
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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 5 | 5 | 5 |
| Buy | 4 | 3 | 3 | 3 | 4 | 4 |
| Hold | 1 | 1 | 1 | 1 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 8 | 8 | 9 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JMP Securities | JMP Securities | Buy Reiterates $156 | Buy | Reiterates | $156 | +15.24% | May 6, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $140 → $145 | Strong Buy | Maintains | $140 → $145 | +7.11% | Apr 26, 2024 |
| Stifel | Stifel | Strong Buy Maintains $150 → $153 | Strong Buy | Maintains | $150 → $153 | +13.02% | Apr 26, 2024 |
| Mizuho | Mizuho | Strong Buy Maintains $142 → $143 | Strong Buy | Maintains | $142 → $143 | +5.64% | Apr 26, 2024 |
| Wells Fargo | Wells Fargo | Hold → Buy Upgrades $137 → $141 | Hold → Buy | Upgrades | $137 → $141 | +4.16% | Apr 15, 2024 |
Financial Forecast
Revenue This Year
2.76B
from 2.46B
Increased by 12.04%
Revenue Next Year
3.12B
from 2.76B
Increased by 13.05%
EPS This Year
5.87
from 5.49
Increased by 6.84%
EPS Next Year
7.66
from 5.87
Increased by 30.53%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.0B | 3.6B | 3.4B |
| Avg | 2.8B | 3.1B | 3.3B |
| Low | 2.6B | 2.9B | 3.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 20.2% | 29.6% | 8.7% |
| Avg | 12.0% | 13.1% | 5.6% |
| Low | 4.5% | 4.1% | 1.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 6.29 | 8.37 | 8.73 |
| Avg | 5.87 | 7.66 | 8.48 |
| Low | 5.34 | 6.98 | 8.15 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 14.6% | 42.7% | 14.0% |
| Avg | 6.8% | 30.5% | 10.8% |
| Low | -2.7% | 19.0% | 6.4% |
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.