CHDN vs RRR vs BYD vs PENN

For growth investors, Churchill Downs Incorporated (CHDN) is the stronger pick with 7.

0% revenue growth year-over-year, versus 3. 7% for Red Rock Resorts, Inc. (RRR). Boyd Gaming Corporation (BYD) offers the better valuation at 3. 8x trailing P/E (11. 9x forward), making it the more compelling value choice. Analysts rate Churchill Downs Incorporated (CHDN) a "Buy" — based on 23 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

On trailing P/E, Boyd Gaming Corporation (BYD) is the cheapest at 3.

8x versus Red Rock Resorts, Inc. at 17. 2x. On forward P/E, Boyd Gaming Corporation is actually cheaper at 11. 9x.

Over the past 5 years, Red Rock Resorts, Inc.

(RRR) delivered a total return of +68. 3%, compared to -80. 6% for PENN Entertainment, Inc. (PENN). Over 10 years, the gap is even starker: BYD returned +365. 7% versus PENN's +11. 9%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

By beta (market sensitivity over 5 years), Churchill Downs Incorporated (CHDN) is the lower-risk stock at 0.

70β versus PENN Entertainment, Inc. 's 1. 34β — meaning PENN is approximately 92% more volatile than CHDN relative to the S&P 500. On balance sheet safety, Red Rock Resorts, Inc. (RRR) carries a lower debt/equity ratio of 18% versus 5% for Churchill Downs Incorporated — giving it more financial flexibility in a downturn.

By revenue growth (latest reported year), Churchill Downs Incorporated (CHDN) is pulling ahead at 7.

0% versus 3. 7% for Red Rock Resorts, Inc. (RRR). On earnings-per-share growth, the picture is similar: Boyd Gaming Corporation grew EPS 264. 5% year-over-year, compared to -184. 4% for PENN Entertainment, Inc.. Over a 3-year CAGR, CHDN leads at 17. 4% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

Boyd Gaming Corporation (BYD) is the more profitable company, earning 45.

0% net margin versus -12. 1% for PENN Entertainment, Inc. — meaning it keeps 45. 0% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: RRR leads at 29. 7% versus 3. 9% for PENN. At the gross margin level — before operating expenses — RRR leads at 52. 6%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

On forward earnings alone, Boyd Gaming Corporation (BYD) trades at 11.

9x forward P/E versus 23. 0x for PENN Entertainment, Inc. — 11. 1x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for CHDN: 63. 0% to $144. 84.

In this comparison, RRR (2.

2% yield), BYD (0. 8% yield), CHDN (0. 5% yield) pay a dividend. PENN does not pay a meaningful dividend and should not be held primarily for income.

For long-horizon retirement investors, Boyd Gaming Corporation (BYD) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.

86), 0. 8% yield, +365. 7% 10Y return). Both have compounded well over 10 years (BYD: +365. 7%, PENN: +11. 9%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

Both stocks operate in the Consumer Cyclical sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.

In terms of investment character: CHDN is a small-cap deep-value stock; RRR is a small-cap deep-value stock; BYD is a small-cap deep-value stock; PENN is a small-cap quality compounder stock. RRR, BYD pay a dividend while CHDN, PENN do not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.