Robert Evans - Churchill Downs Chairman and CEO

CHDN Stock  USD 124.28  3.51  2.91%   

Chairman

Dr. Robert L. Evans is no longer Director of Churchill Downs Incorporated effective April 24, 2018. Mr. Evans served as the nonexecutive Chairman of the Board of the Company from September 2015 to July 2016. Mr. Evans served as Executive Chairman from August 2014 to September 2015 Chairman and Chief Executive Officer from June 2011 to August 2014 Chief Executive Officer from March 2011 to June 2011 and President and Chief Executive Officer from August 2006 to March 2011. Mr. Evans role as the Chairman of the Company as well as his proven entrepreneurial experience and abilities, his experience in senior executive positions at some of North Americas leading manufacturing, business consulting, technology and private equity companies, and his experience in the thoroughbred horse racing industry, qualify Mr. Evans to serve as a Director of the Company. Mr. Evans is the President of Tenlane Farm, LLC . Mr. Evans is a former director of Aspect Development, IronPlanet, ATC Technology Corporationration, Symphony Services, Qiva, and Trigo Technologies Inc. since 2016.
Age 63
Tenure 8 years
Professional MarksPh.D
Address 600 North Hurstbourne Parkway, Louisville, KY, United States, 40222
Phone502 636 4400
Webhttps://www.churchilldownsincorporated.com
Evans currently holds the following leadership positions with other entities: President, Tenlane Farm, LLC ; Dr. Evans is a former director of IronPlanet and ATC Technology Corporation

Churchill Downs Management Efficiency

The company has return on total asset (ROA) of 0.0564 % which means that it generated a profit of $0.0564 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.5775 %, meaning that it created $0.5775 on every $100 dollars invested by stockholders. Churchill Downs' management efficiency ratios could be used to measure how well Churchill Downs manages its routine affairs as well as how well it operates its assets and liabilities. As of the 28th of March 2024, Return On Capital Employed is likely to grow to 0.12. Also, Return On Assets is likely to grow to 0.07. At this time, Churchill Downs' Fixed Asset Turnover is very stable compared to the past year. As of the 28th of March 2024, Return On Assets is likely to grow to 0.07, though Non Currrent Assets Other are likely to grow to (71.8 M).
The company currently holds 4.84 B in liabilities with Debt to Equity (D/E) ratio of 5.26, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Churchill Downs rporated has a current ratio of 3.6, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Churchill Downs until it has trouble settling it off, either with new capital or with free cash flow. So, Churchill Downs' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Churchill Downs rporated sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Churchill to invest in growth at high rates of return. When we think about Churchill Downs' use of debt, we should always consider it together with cash and equity.

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Churchill Downs Incorporated operates as a racing, online wagering, and gaming entertainment company in the United States. Churchill Downs Incorporated was founded in 1875 and is headquartered in Louisville, Kentucky. Churchill Downs operates under Gambling classification in the United States and is traded on NASDAQ Exchange. It employs 3800 people. Churchill Downs Incorporated (CHDN) is traded on NASDAQ Exchange in USA. It is located in 600 North Hurstbourne Parkway, Louisville, KY, United States, 40222 and employs 5,660 people. Churchill Downs is listed under Hotels, Restaurants & Leisure category by Fama And French industry classification.

Management Performance

Churchill Downs rporated Leadership Team

Elected by the shareholders, the Churchill Downs' board of directors comprises two types of representatives: Churchill Downs inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Churchill. The board's role is to monitor Churchill Downs' management team and ensure that shareholders' interests are well served. Churchill Downs' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Churchill Downs' outside directors are responsible for providing unbiased perspectives on the board's policies.
Richard Duchossois, Independent Director
Craig Duchossois, Independent Director
Karole Lloyd, Director
Kaitlin Buzzetto, Director Relations
Paul Thelen, President Big Fish Games
Alex Rankin, Independent Director
Alan Tse, Executive VP, General Counsel and Secretary
James McDonald, Independent Director
Jon Rauch, VP Officer
Michael Anderson, Senior Racetrack
Robert Evans, Chairman and CEO
Robert Fealy, Independent Director
Watts Humphrey, Lead Independent Director
Ulysses Bridgeman, Independent Director
Austin Miller, Senior Vice President of Gaming Operations
Daniel Harrington, Independent Director
William Mudd, President COO
Marcia Dall, CFO and Executive VP
Katherine Armstrong, Senior Resources
William Carstanjen, CEO and Director
Bradley Blackwell, General VP
Nate Simon, Senior CTO
Nick Zangari, Investor Treasury
Maureen Adams, Executive Operations
Marcia CPA, Executive CFO
Jason Sauer, Senior Development
Douglas Grissom, Director
Chad Dobson, Chief VP
Aditi Gokhale, Director

Churchill Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Churchill Downs a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Churchill Downs

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Churchill Downs position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Churchill Downs will appreciate offsetting losses from the drop in the long position's value.

Moving together with Churchill Stock

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The ability to find closely correlated positions to Churchill Downs could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Churchill Downs when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Churchill Downs - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Churchill Downs Incorporated to buy it.
The correlation of Churchill Downs is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Churchill Downs moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Churchill Downs rporated moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Churchill Downs can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Churchill Downs rporated offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Churchill Downs' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Churchill Downs Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Churchill Downs Incorporated Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Churchill Downs Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
Note that the Churchill Downs rporated information on this page should be used as a complementary analysis to other Churchill Downs' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

Complementary Tools for Churchill Stock analysis

When running Churchill Downs' price analysis, check to measure Churchill Downs' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Churchill Downs is operating at the current time. Most of Churchill Downs' value examination focuses on studying past and present price action to predict the probability of Churchill Downs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Churchill Downs' price. Additionally, you may evaluate how the addition of Churchill Downs to your portfolios can decrease your overall portfolio volatility.
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Is Churchill Downs' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Churchill Downs. If investors know Churchill will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Churchill Downs listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
56.156
Dividend Share
0.382
Earnings Share
5.49
Revenue Per Share
32.735
Quarterly Revenue Growth
0.169
The market value of Churchill Downs rporated is measured differently than its book value, which is the value of Churchill that is recorded on the company's balance sheet. Investors also form their own opinion of Churchill Downs' value that differs from its market value or its book value, called intrinsic value, which is Churchill Downs' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Churchill Downs' market value can be influenced by many factors that don't directly affect Churchill Downs' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Churchill Downs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Churchill Downs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Churchill Downs' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.