Canterbury Park Holding Stock Today
| CPHC Stock | USD 23.25 0.04 0.17% |
Performance2 of 100
| Odds Of DistressLess than 1
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Canterbury Park is trading at 23.25 as of the 18th of April 2024, a -0.17 percent down since the beginning of the trading day. The stock's open price was 23.29. Canterbury Park has a very small chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Canterbury Park Holding are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 21st of October 2023 and ending today, the 18th of April 2024. Click here to learn more.
Business Domain Consumer Services | IPO Date 5th of December 1994 | Category Consumer Cyclical | Classification Consumer Discretionary |
Canterbury Park Holding Corporation, through its subsidiaries, engages in horse racing, card casino, food and beverage, and real estate development businesses. Canterbury Park Holding Corporation was founded in 1994 and is based in Shakopee, Minnesota. The company has 4.97 M outstanding shares of which 1.87 K shares are currently shorted by private and institutional investors with about 0.33 trading days to cover. More on Canterbury Park Holding
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| 0.61 | DIN | Dine Brands Global Financial Report 1st of May 2024 | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
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Canterbury Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Canterbury Park's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Canterbury Park or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Randall Sampson | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Hotels, Restaurants & Leisure, Consumer Services, Consumer Discretionary, NASDAQ Composite, NASDAQ Composite Total, Casinos, Gambling, Consumer Discretionary, Hotels, Restaurants & Leisure, Gambling, Consumer Cyclical (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Canterbury Park report their recommendations after researching Canterbury Park's financial statements, talking to executives and customers, or listening in on Canterbury Park's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Canterbury Park Holding. The Canterbury consensus assessment is calculated by taking the average forecast from all of the analysts covering Canterbury Park. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of Canterbury Park's profitability, liquidity, and operating efficiency, Canterbury Park Holding is performing exceptionally good at the present time. It has a great chance to report excellent financial results in May. Financial strength of Canterbury Park Holding is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Canterbury Park's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Canterbury Park's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Canterbury Park's financial leverage. It provides some insight into what part of Canterbury Park's total assets is financed by creditors.
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Canterbury Park Holding (CPHC) is traded on NASDAQ Exchange in USA. It is located in 1100 Canterbury Road, Shakopee, MN, United States, 55379 and employs 227 people. Canterbury Park is listed under Hotels, Restaurants & Leisure category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 109.34 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Canterbury Park's market, we take the total number of its shares issued and multiply it by Canterbury Park's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Canterbury Park Holding conducts business under Hotels, Restaurants & Leisure sector and is part of Consumer Discretionary industry. The entity has 4.97 M outstanding shares of which 1.87 K shares are currently shorted by private and institutional investors with about 0.33 trading days to cover.
Canterbury Park Holding currently holds about 14.65 M in cash with 11.57 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.01.
Check Canterbury Park Probability Of Bankruptcy
Ownership AllocationThe market capitalization of Canterbury Park Holding is currently $109.34 Million. Over half of Canterbury Park's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Canterbury Park. Please watch out for any change in the institutional holdings of Canterbury Park Holding as this could mean something significant has changed or is about to change at the company. Please note that no matter how profitable the entity is or how many assets it hold, if the real value is less than what market suggests, you will most likely generate negative returns and should consider selling it at some point.
Check Canterbury Ownership Details
Canterbury Stock Price Odds Analysis
What are Canterbury Park's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Canterbury Park jumping above the current price in 90 days from now is about 48.33%. The Canterbury Park Holding probability density function shows the probability of Canterbury Park stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Canterbury Park Holding has a beta of -0.0022 suggesting as returns on the benchmark increase, returns on holding Canterbury Park are expected to decrease at a much lower rate. During a bear market, however, Canterbury Park Holding is likely to outperform the market. Additionally, canterbury Park Holding has an alpha of 0.2108, implying that it can generate a 0.21 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Canterbury Park to move above the current price in 90 days from now is about 48.33 (This Canterbury Park Holding probability density function shows the probability of Canterbury Stock to fall within a particular range of prices over 90 days) .
Canterbury Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Canterbury Park that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Canterbury Park's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Canterbury Park's value.| Instituion | Recorded On | Shares | |
| Northern Trust Corp | 2023-12-31 | 12.7 K | |
| Bridgeway Capital Management, Llc | 2023-12-31 | 12.7 K | |
| T. Rowe Price Associates, Inc. | 2023-12-31 | 11.4 K | |
| Blackrock Inc | 2023-12-31 | 7.7 K | |
| Royal Bank Of Canada | 2023-12-31 | 6.6 K | |
| Tradition Wealth Management Llc | 2023-12-31 | 3.3 K | |
| Advisor Group Holdings, Inc. | 2023-12-31 | 3 K | |
| Tower Research Capital Llc | 2023-12-31 | 747 | |
| Nelson, Van Denburg & Campbell Wealth Management Group, Llc | 2023-12-31 | 600 | |
| Black Diamond Capital Management Llc | 2023-12-31 | 821.3 K | |
| Cliftonlarsonallen Wealth Advisors, Llc | 2023-12-31 | 731 K |
Canterbury Park Historical Income Statement
Canterbury Park Holding Income Statement is one of the three primary financial statements used for reporting Canterbury's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Canterbury Park Holding revenue and expense. Canterbury Park Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Canterbury Park's Gross Profit is projected to increase significantly based on the last few years of reporting. The current year's Cost Of Revenue is expected to grow to about 43.3 M, whereas Depreciation And Amortization is forecasted to decline to about 1.9 M. View More FundamentalsCanterbury Stock Against Markets
Picking the right benchmark for Canterbury Park stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Canterbury Park stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Canterbury Park is critical whether you are bullish or bearish towards Canterbury Park Holding at a given time. Please also check how Canterbury Park's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Canterbury Park without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Canterbury Park Corporate Executives
Elected by the shareholders, the Canterbury Park's board of directors comprises two types of representatives: Canterbury Park inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Canterbury. The board's role is to monitor Canterbury Park's management team and ensure that shareholders' interests are well served. Canterbury Park's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Canterbury Park's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Randall CPA | Executive CoFounder | Profile | |
| David Hansen | CFO, VP of Fin. and Secretary | Profile |
How to buy Canterbury Stock?
Before investing in Canterbury Park, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Canterbury Park. To buy Canterbury Park stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Canterbury Park. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Canterbury Park stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Canterbury Park Holding stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Canterbury Park Holding stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Canterbury Park Holding, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Canterbury Stock please use our How to Invest in Canterbury Park guide.
Already Invested in Canterbury Park Holding?
The danger of trading Canterbury Park Holding is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Canterbury Park is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Canterbury Park. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Canterbury Park Holding is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Canterbury Park Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Canterbury Park's 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 Canterbury Park Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Canterbury Park Holding Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canterbury Park Holding. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. Note that the Canterbury Park Holding information on this page should be used as a complementary analysis to other Canterbury Park's 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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Complementary Tools for Canterbury Stock analysis
When running Canterbury Park's price analysis, check to measure Canterbury Park's 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 Canterbury Park is operating at the current time. Most of Canterbury Park's value examination focuses on studying past and present price action to predict the probability of Canterbury Park's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canterbury Park's price. Additionally, you may evaluate how the addition of Canterbury Park to your portfolios can decrease your overall portfolio volatility.
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Is Canterbury Park's 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 Canterbury Park. If investors know Canterbury 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 Canterbury Park 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 0.248 | Dividend Share 0.28 | Earnings Share 2.13 | Revenue Per Share 12.484 | Quarterly Revenue Growth (0.04) |
The market value of Canterbury Park Holding is measured differently than its book value, which is the value of Canterbury that is recorded on the company's balance sheet. Investors also form their own opinion of Canterbury Park's value that differs from its market value or its book value, called intrinsic value, which is Canterbury Park's 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 Canterbury Park's market value can be influenced by many factors that don't directly affect Canterbury Park's 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 Canterbury Park's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canterbury Park is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canterbury Park's 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.