Churchill Downs (CHDN)
(Delayed Data from NSDQ)
$139.57 USD
-0.43 (-0.31%)
Updated Jul 5, 2024 04:00 PM ET
After-Market: $137.56 -2.01 (-1.44%) 7:58 PM ET
2-Buy of 5 2
C Value B Growth D Momentum B VGM
Fundamental Charts
About PEG Ratio (TTM)
The company's trailing twelve month (TTM) PEG ratio is the P/E ratio divided by its long-term growth rate consensus. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). A value greater than 1, in general, is not as good (overvalued to its growth rate). For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. But when compared to its growth rate, it doesn't have the earnings growth to justify its P/E. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. So the PEG ratio tells you what you're paying for each unit of earnings growth.
CHDN 139.57 -0.43(-0.31%)
Will CHDN be a Portfolio Killer in July?
Zacks Investment Research is releasing its prediction for CHDN based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for CHDN
Churchill Downs (CHDN) Enters Malta, Boosts HHR Solutions
Is Churchill Downs (CHDN) Stock Outpacing Its Consumer Discretionary Peers This Year?
CHDN: What are Zacks experts saying now?
Zacks Private Portfolio Services
Rush Street Interactive, Inc. (RSI) Hits Fresh High: Is There Still Room to Run?
Churchill Downs (CHDN) Expands With New Resort in Indiana
Are Consumer Discretionary Stocks Lagging Churchill Downs (CHDN) This Year?
Other News for CHDN
Churchill Downs Incorporated Closes Amendment to Extend Maturity Date of its Revolving Credit Facility and Term Loan A Facility
IGT and Churchill Downs Incorporated Pioneer Historical Horse Racing ("HHR") in Malta with National Lottery plc
Bet On It: LeoVegas to acquire U.S. sportsbook and online casino from Tipico
Churchill Downs Incorporated Names Michael Lilly President of TwinSpires Horse Racing
Nevada reports May gaming win up 2.45% to $1.32B