Will the tariffs of Churchill -Darebie Derby Pulse Kentukki be shown? News ad

Churchill Downs Today

$ 88.35 +0.36 (+0.41%)

As of 04.25.2025 21:00

52-week range

$ 85.58

▼

$ 150.21

Dividend yield

0.45%

P/e ratio.

15.55

Value is valuable

$ 144.80

Churchill Downloads Inc. NASDS: ChDN He delivered record income and solid income in just just. Nevertheless, some unexpected news about the previously declared reconstruction force shares to fall by more than 16% in non -working hours. For shares that is not inclined to such large news, it is important for investors to see if this event “New Sales” can turn into the possibility of buying.

Churchill Downs – Race, Online stations and game entertainment The company that is fixed by its flagship asset Churchill Downs, the house of Derby Kentukki. The company is a home for Twinspires, Sports platform for sports on the InternetField

What all this means for investors is that the company has many opportunities to obtain revenue, and this is what happened in the current quarter. Churchill Downs brought a record 642.6 million dollars. USA. It was more than 51% in the annual calculus (permanently). However, analysts hoped for more. At the front, the company delivered a profit per share of $ 1.07, which did not have enough expectations at a price of $ 1.16, and was also lower for years.

Unexpected tariff sacrifice

You do not expect that tariffs will affect the gaming company, but repair requires materials. And when the company is no longer sure that these repairs are put into the background. This is the case when Churchill Downs is.

It was expected that a project of 1 billion dollars would bring numerous changes in the personal plot around the legendary racing track and its multi -storey Sky Terrace along with other small projects. The project was supported by local government officials and is funded in the amount of up to 1.2 billion dollars in the form of income from bonds.

And the tariffs were the reason. In the press release, the company noted: “The decision to detain these construction projects is associated with the growing uncertainty related to construction costs related to tariff and trade disputes, as well as on current macroeconomic conditions.”

It was assumed that the project would be completed in 2028 with the first repairs, which will be completed on time to Derby in Kentucky next year. This schedule will have to wait, as the company is waiting for clarity.

Nevertheless, Churchill Downs does not completely abandon his ambitions. The company announced two small projects that will cost from 25 to $ 30 million. It is expected that both projects will be completed on time to the 2026 race.

Can this sale lead to a strong return?

Churchill Downloads Stock has a story of getting the upsurge of Kentukki Derby. This means that the shares have a scheme rally in May After a corporate event, a place, derby of Kentukki. A sharp sale after the profit of the company threaten.

But, as they say, you cannot call this a return if you do not notice their leadership. As a horse that is immediately charged, investors must decide whether the ChDN shares will resell after the announcement of the pause in the reconstruction.

It would seem. As indicated earlier, the ChDN shares are not known that they are unstable. Since investors are still in an alarming mood, any announcement of the tariff problems is probably a sale signal. This was especially true in relation to discretion of consumer shares, which in 2025 are traded below from -with fears about a weak consumer.

Nevertheless, many analysts believe that sports rates are resistant to recession. These actions of sins have an appeal, because those who are prone to sport bets will continue to do this, even if the economy is fighting.

And the CHDN joint -stock diagram shows that the shares were closed on April 24 Relative force index at 27which implies resold conditions. Finally, analysts do not buy in a bear narrative. Although several analysts have reduced their price target indicators over the past week, on April 24 there is nothing to offer a price close to its closing price $ 88.06.

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