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Upturn AI SWOT - About
CHDN 
Churchill Downs Incorporated (CHDN)
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Upturn Advisory Summary
04/01/2025: 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.
AI Based Fundamental Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type Stock | Historic Profit -4.23% | Avg. Invested days 44 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 8.17B USD | Price to earnings Ratio 19.55 | 1Y Target Price 159.62 |
Price to earnings Ratio 19.55 | 1Y Target Price 159.62 | ||
Volume (30-day avg) 685422 | Beta 0.92 | 52 Weeks Range 105.18 - 149.77 | Updated Date 04/1/2025 |
52 Weeks Range 105.18 - 149.77 | Updated Date 04/1/2025 | ||
Dividends yield (FY) 0.37% | Basic EPS (TTM) 5.68 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 15.61% | Operating Margin (TTM) 18.26% |
Management Effectiveness
Return on Assets (TTM) 6.16% | Return on Equity (TTM) 42.98% |
Valuation
Trailing PE 19.55 | Forward PE - | Enterprise Value 12914452776 | Price to Sales(TTM) 2.99 |
Enterprise Value 12914452776 | Price to Sales(TTM) 2.99 | ||
Enterprise Value to Revenue 4.72 | Enterprise Value to EBITDA 12.1 | Shares Outstanding 73487800 | Shares Floating 66552912 |
Shares Outstanding 73487800 | Shares Floating 66552912 | ||
Percent Insiders 9.99 | Percent Institutions 79.91 |
Analyst Ratings
Rating 4.82 | Target Price 162.65 | Buy 2 | Strong Buy 9 |
Buy 2 | Strong Buy 9 | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Churchill Downs Incorporated
Company Overview
History and Background
Churchill Downs Incorporated (CDI) was founded in 1875 and is based in Louisville, Kentucky. It's renowned for the Kentucky Derby, held annually at its flagship racetrack. Over time, CDI has expanded into gaming, online wagering, and entertainment through strategic acquisitions and development.
Core Business Areas
- Churchill Downs Racetrack: Home of the Kentucky Derby and Kentucky Oaks. Includes racing operations, simulcast wagering, and special events.
- Gaming: Owns and operates casinos and other gaming facilities across the United States, offering slot machines, table games, and other gaming entertainment.
- TwinSpires: CDI's online wagering platform that allows customers to bet on horse races and sports events.
- United Tote Company: A leading provider of pari-mutuel totalisator systems, equipment and services for horse and greyhound racing, as well as other sports.
Leadership and Structure
Bill Carstanjen serves as the Chief Executive Officer. The company has a board of directors that oversees strategic direction. The organizational structure is segmented by business units (racetracks, gaming, online wagering).
Top Products and Market Share
Key Offerings
- Kentucky Derby: The Kentucky Derby is a major event that generates significant revenue through ticket sales, wagering, sponsorships, and media rights. It is one of the most attended racing event in the world. Competitors: Preakness Stakes, Belmont Stakes, Breeder's Cup.
- Gaming Operations: CDI operates casinos and other gaming facilities offering a range of games and entertainment. Competitors vary by region but include Penn National Gaming (PENN), Boyd Gaming (BYD), and Caesars Entertainment (CZR).
- TwinSpires: TwinSpires is CDI's online wagering platform and the official wagering partner of the Kentucky Derby. TwinSpires competes with DraftKings (DKNG), FanDuel (Flutter Entertainment), and TVG (FanDuel Group).
Market Dynamics
Industry Overview
The gaming and entertainment industry is evolving, driven by technological advancements, changing consumer preferences, and regulatory developments. The rise of online wagering and sports betting has created new growth opportunities.
Positioning
CDI is a leading player in the gaming and entertainment industry, leveraging its iconic brand, diversified portfolio, and strategic investments. Its competitive advantages include its strong brand recognition, established market presence, and integrated business model.
Total Addressable Market (TAM)
The global gaming market is estimated to be several hundred billion dollars. CDI is positioned to capture a significant share of this market through its diverse offerings and strategic expansion.
Upturn SWOT Analysis
Strengths
- Strong brand recognition (Kentucky Derby)
- Diversified revenue streams (racetracks, gaming, online wagering)
- Established market presence
- Experienced management team
- Strategic acquisitions and partnerships
Weaknesses
- Dependence on regulatory environment
- Exposure to economic downturns
- Competition in online wagering market
- Seasonal nature of racing operations
Opportunities
- Expansion of online wagering and sports betting
- Strategic acquisitions in gaming and entertainment
- Development of new gaming and entertainment offerings
- International expansion
- Leveraging technology to enhance customer experience
Threats
- Increased competition
- Changes in regulations
- Economic downturns
- Technological disruptions
- Negative publicity
Competitors and Market Share
Key Competitors
- PENN
- BYD
- CZR
- DKNG
- FLUT
Competitive Landscape
CDI benefits from the Kentucky Derby brand, giving it a competitive edge. Its gaming portfolio and TwinSpires provide diversification, but competition from larger gaming and online betting companies remains a challenge.
Major Acquisitions
Peninsula Pacific Entertainment (P2E)
- Year: 2022
- Acquisition Price (USD millions): 2750
- Strategic Rationale: Expanded CDI's gaming portfolio with new properties and market presence.
Growth Trajectory and Initiatives
Historical Growth: CDI's historical growth has been driven by acquisitions, expansions of gaming operations, and the growth of online wagering.
Future Projections: Analyst estimates would be included here if available, based on growth prospects and market conditions.
Recent Initiatives: Recent initiatives include acquisitions of gaming properties, investments in online wagering technology, and expansions of existing racetracks.
Summary
Churchill Downs Incorporated is a strong player in the gaming and entertainment sector, leveraging its iconic Kentucky Derby brand and diversified portfolio. Its expansion into online wagering and gaming is working well, but it needs to watch out for increasing competition and evolving regulatory landscapes. Strategic acquisitions and technological investments will be key to sustaining growth and maintaining market leadership.
Similar Companies
- PENN
- BYD
- CZR
- DKNG
- FLUT
Sources and Disclaimers
Data Sources:
- Company Filings
- Industry Reports
- Analyst Estimates
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered investment advice. Market conditions and company performance can change rapidly.
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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