Canterbury Park Holding Stock Buy Hold or Sell Recommendation
| CPHC Stock | USD 19.80 0.58 2.85% |
Given the investment horizon of 90 days and your conservative attitude towards risk, our recommendation regarding Canterbury Park Holding is 'Strong Sell'. Macroaxis provides Canterbury Park buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding CPHC positions.
Check out Canterbury Park Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as Canterbury and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Canterbury Park Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
Canterbury |
Execute Canterbury Park Buy or Sell Advice
The Canterbury recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Canterbury Park Holding. Macroaxis does not own or have any residual interests in Canterbury Park Holding or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Canterbury Park's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | OK | Details | |
Volatility | Out of control | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Strong Sell | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Canterbury Park Trading Alerts and Improvement Suggestions
| Canterbury Park is way too risky over 90 days horizon | |
| Canterbury Park appears to be risky and price may revert if volatility continues | |
| Canterbury Park is unlikely to experience financial distress in the next 2 years | |
| Canterbury Park has a strong financial position based on the latest SEC filings | |
| About 34.0% of the company shares are held by company insiders | |
| On 14th of October 2024 Canterbury Park paid $ 0.07 per share dividend to its current shareholders | |
| Latest headline from smh.com.au: Trumps top picks dash hopes of political stability |
Canterbury Park Returns Distribution Density
The distribution of Canterbury Park's historical returns is an attempt to chart the uncertainty of Canterbury Park's future price movements. The chart of the probability distribution of Canterbury Park daily returns describes the distribution of returns around its average expected value. We use Canterbury Park Holding price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Canterbury Park returns is essential to provide solid investment advice for Canterbury Park.
| Mean Return | -0.02 | Value At Risk | -3.58 | Potential Upside | 3.63 | Standard Deviation | 2.17 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Canterbury Park historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Canterbury Stock Institutional Investors
| Shares | T. Rowe Price Associates, Inc. | 2024-06-30 | 11.4 K | Northern Trust Corp | 2024-09-30 | 11.3 K | Blackrock Inc | 2024-06-30 | 8.1 K | Royal Bank Of Canada | 2024-06-30 | 6.5 K | Advisor Group Holdings, Inc. | 2024-06-30 | 1.3 K | Bank Of America Corp | 2024-06-30 | 1.1 K | Tower Research Capital Llc | 2024-06-30 | 658 | Ubs Group Ag | 2024-06-30 | 515 | Versant Capital Management Inc | 2024-09-30 | 135 | Black Diamond Capital Management Llc | 2024-09-30 | 849.4 K | Gamco Investors, Inc. Et Al | 2024-06-30 | 374.7 K |
Canterbury Park Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (7.3M) | 544.6K | 11.1M | 507.3K | 9.7M | 10.2M | |
| Free Cash Flow | (8.4M) | 139.8K | 9.7M | 6.2M | 3.7M | 3.8M | |
| Depreciation | 2.7M | 2.7M | 2.8M | 3.0M | 3.1M | 2.0M | |
| Other Non Cash Items | 53.1K | (875.9K) | 2.4M | 1.7M | (7.8M) | (7.4M) | |
| Capital Expenditures | 15.2M | 1.5M | 3.8M | 5.0M | 7.9M | 8.3M | |
| Net Income | 2.7M | 1.1M | 11.8M | 7.5M | 10.6M | 11.1M | |
| End Period Cash Flow | 3.9M | 4.5M | 15.6M | 16.1M | 25.8M | 27.1M | |
| Change To Netincome | 1.6M | 2.9M | 3.9M | 1.8M | 2.1M | 2.2M | |
| Dividends Paid | 1.3M | 328.6K | 1.7K | 1.4M | 1.4M | 1.1M | |
| Change To Inventory | 312.8K | 972.5K | (7.0M) | 37.0K | (17.4K) | (18.3K) | |
| Investments | 102.7K | (758.0K) | (2.5M) | (5.4M) | (455.3K) | (478.1K) | |
| Net Borrowings | (25.2K) | (24.5K) | (25.7K) | (27.1K) | (31.1K) | (32.7K) | |
| Change Receivables | 24.3K | (60.3K) | 70.8K | (230.1K) | (207.1K) | (196.7K) |
Canterbury Park Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Canterbury Park or Hotels, Restaurants & Leisure sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Canterbury Park's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Canterbury stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.07 | |
β | Beta against Dow Jones | 0.41 | |
σ | Overall volatility | 132.20 | |
Ir | Information ratio | -0.05 |
Canterbury Park Volatility Alert
Canterbury Park Holding exhibits very low volatility with skewness of -0.19 and kurtosis of 0.84. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Canterbury Park's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Canterbury Park's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Canterbury Park Fundamentals Vs Peers
Comparing Canterbury Park's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Canterbury Park's direct or indirect competition across all of the common fundamentals between Canterbury Park and the related equities. This way, we can detect undervalued stocks with similar characteristics as Canterbury Park or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Canterbury Park's fundamental indicators could also be used in its relative valuation, which is a method of valuing Canterbury Park by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Canterbury Park to competition |
| Fundamentals | Canterbury Park | Peer Average |
| Return On Equity | 0.0473 | -0.31 |
| Return On Asset | 0.0318 | -0.14 |
| Profit Margin | 0.06 % | (1.27) % |
| Operating Margin | 0.07 % | (5.51) % |
| Current Valuation | 76.35 M | 16.62 B |
| Shares Outstanding | 5.02 M | 571.82 M |
| Shares Owned By Insiders | 34.09 % | 10.09 % |
| Shares Owned By Institutions | 42.50 % | 39.21 % |
| Number Of Shares Shorted | 2.76 K | 4.71 M |
| Price To Earning | 121.99 X | 28.72 X |
| Price To Book | 1.15 X | 9.51 X |
| Price To Sales | 1.65 X | 11.42 X |
| Revenue | 61.44 M | 9.43 B |
| Gross Profit | 26.84 M | 27.38 B |
| EBITDA | 8.31 M | 3.9 B |
| Net Income | 10.56 M | 570.98 M |
| Cash And Equivalents | 14.65 M | 2.7 B |
| Cash Per Share | 3.01 X | 5.01 X |
| Total Debt | 62.4 K | 5.32 B |
| Current Ratio | 1.93 X | 2.16 X |
| Book Value Per Share | 16.48 X | 1.93 K |
| Cash Flow From Operations | 11.57 M | 971.22 M |
| Short Ratio | 1.53 X | 4.00 X |
| Earnings Per Share | 0.98 X | 3.12 X |
| Target Price | 11.0 | |
| Number Of Employees | 227 | 18.84 K |
| Beta | -0.29 | -0.15 |
| Market Capitalization | 102.3 M | 19.03 B |
| Total Asset | 104.98 M | 29.47 B |
| Retained Earnings | 54.4 M | 9.33 B |
| Working Capital | 25.22 M | 1.48 B |
| Current Asset | 4.48 M | 9.34 B |
| Current Liabilities | 5.12 M | 7.9 B |
Note: Disposition of 215 shares by Randy Dehmer of Canterbury Park at 25.7 subject to Rule 16b-3 [view details]
Canterbury Park Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Canterbury . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 19.8 | |||
| Day Typical Price | 19.8 | |||
| Price Action Indicator | (0.29) | |||
| Period Momentum Indicator | (0.58) | |||
| Relative Strength Index | 51.09 |
About Canterbury Park Buy or Sell Advice
When is the right time to buy or sell Canterbury Park Holding? Buying financial instruments such as Canterbury Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Check out Canterbury Park Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Hotels, Restaurants & Leisure space 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 (0.94) | Earnings Share 0.98 | Revenue Per Share 12.525 | Quarterly Revenue Growth (0.01) | Return On Assets 0.0318 |
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.