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Upturn AI SWOT - About
CHDN 
Churchill Downs Incorporated (CHDN)
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Upturn Advisory Summary
08/28/2025: CHDN (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
11 Analysts rated it
Moderately tracked stock, growing coverage, gaining market and investor attention.
1 Year Target Price $137.45
1 Year Target Price $137.45
| 8 | Strong Buy |
| 3 | Buy |
| 0 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 5.93% | Avg. Invested days 41 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  4.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 08/28/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 7.21B USD | Price to earnings Ratio 17.77 | 1Y Target Price 137.45 |
Price to earnings Ratio 17.77 | 1Y Target Price 137.45 | ||
Volume (30-day avg) 11 | Beta 0.95 | 52 Weeks Range 85.58 - 149.77 | Updated Date 08/29/2025 |
52 Weeks Range 85.58 - 149.77 | Updated Date 08/29/2025 | ||
Dividends yield (FY) 0.39% | Basic EPS (TTM) 5.79 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 15.22% | Operating Margin (TTM) 35.45% |
Management Effectiveness
Return on Assets (TTM) 6.07% | Return on Equity (TTM) 41.05% |
Valuation
Trailing PE 17.77 | Forward PE - | Enterprise Value 12044687040 | Price to Sales(TTM) 2.55 |
Enterprise Value 12044687040 | Price to Sales(TTM) 2.55 | ||
Enterprise Value to Revenue 4.26 | Enterprise Value to EBITDA 11.12 | Shares Outstanding 70124304 | Shares Floating 63109780 |
Shares Outstanding 70124304 | Shares Floating 63109780 | ||
Percent Insiders 10.48 | Percent Institutions 80.05 |
Upturn AI SWOT
Churchill Downs Incorporated
Company Overview
History and Background
Churchill Downs Incorporated was founded in 1875 with the opening of its namesake racetrack. It has evolved from a single racetrack operator into a diversified gaming, racing, and entertainment company.
Core Business Areas
- Churchill Downs Racetrack: Home of the Kentucky Derby and Kentucky Oaks, hosting live racing events and simulcast wagering.
- Gaming: Owns and operates casinos and historical racing machines (HRM) facilities across multiple states.
- TwinSpires: An online wagering platform for horse racing and sports betting.
- Entertainment: Operates a variety of entertainment venues and events.
Leadership and Structure
Bill Carstanjen serves as the Chief Executive Officer. The company has a board of directors overseeing strategic direction and corporate governance.
Top Products and Market Share
Key Offerings
- Kentucky Derby: The premier event in horse racing, generating significant revenue through wagering, sponsorships, and broadcasting rights. Competitors for wagering include FanDuel and DraftKings.
- Casinos: Gaming facilities offering slot machines, table games, and other forms of entertainment. Competitors include Penn Entertainment (PENN) and Boyd Gaming (BYD).
- TwinSpires: Online wagering platform focused on horse racing and sports. Competitors include TVG (owned by FanDuel) and DraftKings.
Market Dynamics
Industry Overview
The gaming and racing industry is evolving with the expansion of online wagering and the legalization of sports betting. The industry is subject to regulations and economic fluctuations.
Positioning
Churchill Downs Incorporated is a leading player in the horse racing and gaming industries, leveraging its iconic brand and diversified business model.
Total Addressable Market (TAM)
The global gambling market is expected to reach approximately $765 billion by 2030. Churchill Downs Incorporated aims to capture a larger portion of this TAM through online betting and expansion into new markets.
Upturn SWOT Analysis
Strengths
- Iconic brand recognition (Kentucky Derby)
- Diversified revenue streams (racing, gaming, online)
- Strategic acquisitions and expansion
- Strong presence in key markets
Weaknesses
- Dependence on regulatory environment
- Seasonality of racing events
- Competition from larger gaming operators
- Exposure to economic downturns
Opportunities
- Expansion of online wagering platforms
- Growth in sports betting market
- Acquisition of complementary businesses
- Development of new gaming and entertainment offerings
Threats
- Increased competition in the gaming industry
- Changes in regulatory landscape
- Economic recession impacting consumer spending
- Technological disruptions
Competitors and Market Share
Key Competitors
- PENN
- BYD
- DKNG
- PDYPY
Competitive Landscape
CDI's advantages include its iconic brand, diversified business model, and strong presence in key markets. However, it faces competition from larger gaming operators with greater financial resources.
Major Acquisitions
Peninsula Pacific Entertainment
- Year: 2022
- Acquisition Price (USD millions): 2485
- Strategic Rationale: Expansion of gaming operations and entry into new markets.
Growth Trajectory and Initiatives
Historical Growth: CDI has experienced steady growth in revenue and earnings over the past 5 years, driven by strategic acquisitions and expansion in the gaming and online wagering sectors.
Future Projections: Analysts project continued growth for CDI, driven by expansion in online wagering and sports betting, along with further acquisitions.
Recent Initiatives: Recent initiatives include the acquisition of Peninsula Pacific Entertainment and investment in HRM facilities.
Summary
Churchill Downs is a strong company with an iconic brand and diversified revenue streams. Its growth is fueled by strategic acquisitions and expansion in online wagering and gaming. However, it faces increasing competition and regulatory challenges. Successful navigation of these challenges is vital to continued growth and market position.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company filings
- Analyst reports
- Industry publications
Disclaimers:
This analysis is for informational purposes only and should not be considered investment advice. Market conditions and company performance are subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Churchill Downs Incorporated
Exchange NASDAQ | Headquaters Louisville, KY, United States | ||
IPO Launch date 1993-03-29 | CEO & Director Mr. William C. Carstanjen | ||
Sector Consumer Cyclical | Industry Gambling | Full time employees 6480 | |
Full time employees 6480 | |||
Churchill Downs Incorporated operates live and historical racing entertainment venues, online wagering businesses, and regional casino gaming properties in the United States. It operates through three segments: Live and Historical Racing, Wagering Services and Solutions, and Gaming. The Live and Historical Racing segment engages in live and historical pari-mutuel racing related activities at Churchill Downs Racetrack and its historical racing properties in Kentucky, Virginia, and New Hampshire; provides racing event-related services, including admissions, personal seat licenses, sponsorships, television rights, and other miscellaneous services, as well as food and beverages services. The Wagering Services and Solutions engages in pari-mutuel wagers through TwinSpires, which operates the online horse racing wagering business for TwinSpires.com, BetAmerica.com, and other white-label platforms; facilitates dollar wagering; provides the Bloodstock Research Information Services platform for horse racing statistical data; offers streaming video of live horse races, replays, and an assortment of racing and handicapping information; and provides technology services to third parties. This segment also operates retail and online sports betting businesses, United Tote, which manufactures and operates pari-mutuel wagering systems for racetracks, OTBs, and other pari-mutuel wagering businesses, as well as provides totalizator services; and Exacta, which provides central determinant system technology in HRMs. The Gaming segment operates the casino properties and associated racetracks, which include slot machines, table games, video lottery terminals, video poker, HRMs, ancillary food and beverage services, hotel services, commission on pari-mutuel wagering, racing event-related services, and other miscellaneous operations. Churchill Downs Incorporated was founded in 1875 and is headquartered in Louisville, Kentucky.
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