Churchill Downs Inc (NASDAQ: CHDN) has recently enjoyed notable positive changes in fundamentals: the consensus estimate for December, 2025 increased significantly, the consensus estimate for December, 2024 increased significantly, and significant quarterly earnings acceleration occurred.
Recent meaningful positive changes in investment behavior have benefitted Churchill Downs Inc (NASDAQ: CHDN): the stock’s recent price rise disrupted its longer term downtrend.
In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, CHDN is expected to continue to be a major Value Builder.
Churchill Downs has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Churchill Downs has a neutral Power Rating of 55 but a good Appreciation Score of 82, with the Positive Value Trend Rating the result.
Recent Price Action
On 6/5/24, Churchill Downs Inc (NASDAQ: CHDN) stock rose modestly by 0.5%, closing at $132.92. Trading volume in this advance was normal. The stock has performed in line with the market over the last nine months and has risen 1.5% during the last week.
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