
Churchill Downs (CHDN) Stock Forecast & Price Target
Churchill Downs (CHDN) Analyst Ratings
Bulls say
Churchill Downs Inc. reported a 6% year-over-year growth in EBITDA for its Live and Historical Racing segment, indicating solid performance despite a slight decline attributed to the Derby. The company is well-positioned amidst potential consumer spending risks, bolstered by key expansion projects aimed at enhancing the value of its flagship asset. Additionally, the stock exhibits strong quality characteristics, suggesting a more stable and superior underlying earnings stream, further supporting a positive financial outlook.
Bears say
Churchill Downs Inc. has demonstrated weak medium to long-term returns, as evidenced by its poor price momentum performance. This lack of positive momentum raises concerns about the stock's future performance and indicates a potential for persistent underperformance. Investors may need to account for these negative trends when considering the company’s financial outlook and potential risks associated with its business operations.
This aggregate rating is based on analysts' research of Churchill Downs and is not a guaranteed prediction by Public.com or investment advice.
Churchill Downs (CHDN) Analyst Forecast & Price Prediction
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