Casey's General Stores, Inc. (CASY)
176.26 0.00 (0.00%)
After hours: 4:15PM EDT
Chart Events
Performance Outlook
| Previous Close | 179.00 |
| Open | 176.31 |
| Bid | 176.48 x 800 |
| Ask | 176.60 x 800 |
| Day's Range | 175.20 - 178.85 |
| 52 Week Range | 114.01 - 183.45 |
| Volume | 285,666 |
| Avg. Volume | 248,830 |
| Market Cap | 6.508B |
| Beta (5Y Monthly) | 0.86 |
| PE Ratio (TTM) | 21.94 |
| EPS (TTM) | 8.03 |
| Earnings Date | Dec 07, 2020 - Dec 11, 2020 |
| Forward Dividend & Yield | 1.28 (0.72%) |
| Ex-Dividend Date | Oct 30, 2020 |
| 1y Target Est | 192.90 |
Fair Value
Related Research
- Zacks
All You Need to Know About Casey's (CASY) Rating Upgrade to Strong Buy
Casey's (CASY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank 1 (Strong Buy).
- Benzinga
Benzinga's Top Upgrades, Downgrades For September 10, 2020
Upgrades * According to Barclays, the prior rating for Howmet Aerospace Inc (NYSE: HWM) was changed from Underweight to Overweight. For the second quarter, Howmet Aerospace had an EPS of $0.12, compared to year-ago quarter EPS of $0.58. At the moment, the stock has a 52-week-high of $18.99 and a 52-week-low of $9.87. Howmet Aerospace closed at $17.14 at the end of the last trading period. * According to Stephens & Co., the prior rating for Casey's General Stores Inc (NASDAQ: CASY) was changed from Equal-Weight to Overweight. Casey's General Stores earned $3.24 in the first quarter, compared to $2.31 in the year-ago quarter. The current stock performance of Casey's General Stores shows a 52-week-high of $183.45 and a 52-week-low of $114.01. Moreover, at the end of the last trading period, the closing price was at $170.26. * Edward Jones upgraded the previous rating for Sysco Corp (NYSE: SYY) from Hold to Buy. Sysco earned $0.29 in the fourth quarter, compared to $1.10 in the year-ago quarter. At the moment, the stock has a 52-week-high of $85.98 and a 52-week-low of $26.00. Sysco closed at $61.43 at the end of the last trading period. * Wells Fargo upgraded the previous rating for Park Hotels & Resorts Inc (NYSE: PK) from Underweight to Equal-Weight. Park Hotels & Resorts earned $0.75 in the second quarter, compared to $0.81 in the year-ago quarter. The current stock performance of Park Hotels & Resorts shows a 52-week-high of $27.03 and a 52-week-low of $3.99. Moreover, at the end of the last trading period, the closing price was at $10.48. * For Rio Tinto PLC (NYSE: RIO), Citigroup upgraded the previous rating of Neutral to the current rating Buy. The stock has a 52-week-high of $65.20 and a 52-week-low of $35.35. At the end of the last trading period, Rio Tinto closed at $61.93. * According to Goldman Sachs, the prior rating for Sanderson Farms Inc (NASDAQ: SAFM) was changed from Neutral to Buy. In the third quarter, Sanderson Farms showed an EPS of $1.48, compared to $2.41 from the year-ago quarter. The stock has a 52-week-high of $179.45 and a 52-week-low of $102.13. At the end of the last trading period, Sanderson Farms closed at $121.62. * For Trillium Therapeutics Inc (NASDAQ: TRIL), HC Wainwright & Co. upgraded the previous rating of Neutral to the current rating Buy. Trillium Therapeutics earned $0.63 in the second quarter, compared to $0.24 in the year-ago quarter. The stock has a 52-week-high of $14.15 and a 52-week-low of $0.24. At the end of the last trading period, Trillium Therapeutics closed at $13.59. * For Spotify Technology SA (NYSE: SPOT), Credit Suisse upgraded the previous rating of Neutral to the current rating Outperform. For the second quarter, Spotify Technology had an EPS of $2.10, compared to year-ago quarter EPS of $0.47. The stock has a 52-week-high of $299.67 and a 52-week-low of $109.18. At the end of the last trading period, Spotify Technology closed at $245.32. * According to Jefferies, the prior rating for Charles River Laboratories International Inc (NYSE: CRL) was changed from Hold to Buy. Charles River earned $1.58 in the second quarter, compared to $1.63 in the year-ago quarter. The current stock performance of Charles River shows a 52-week-high of $221.97 and a 52-week-low of $95.58. Moreover, at the end of the last trading period, the closing price was at $209.88. * Raymond James upgraded the previous rating for Casey's General Stores Inc (NASDAQ: CASY) from Market Perform to Outperform. In the first quarter, Casey's General Stores showed an EPS of $3.24, compared to $2.31 from the year-ago quarter. The stock has a 52-week-high of $183.45 and a 52-week-low of $114.01. At the end of the last trading period, Casey's General Stores closed at $170.26. * KeyBanc upgraded the previous rating for Fortune Brands Home & Security Inc (NYSE: FBHS) from Sector Weight to Overweight. For the second quarter, Fortune Brands Home had an EPS of $0.94, compared to year-ago quarter EPS of $1.03. The current stock performance of Fortune Brands Home shows a 52-week-high of $86.80 and a 52-week-low of $33.90. Moreover, at the end of the last trading period, the closing price was at $82.57. * For Computer Programs and Systems Inc (NASDAQ: CPSI), KeyBanc upgraded the previous rating of Underweight to the current rating Sector Weight. In the second quarter, CPSI showed an EPS of $0.39, compared to $0.50 from the year-ago quarter. The stock has a 52-week-high of $35.78 and a 52-week-low of $16.93. At the end of the last trading period, CPSI closed at $29.12. Downgrades * According to Mizuho, the prior rating for Southern Co (NYSE: SO) was changed from Neutral to Underperform. In the second quarter, Southern showed an EPS of $0.78, compared to $0.80 from the year-ago quarter. The current stock performance of Southern shows a 52-week-high of $71.10 and a 52-week-low of $41.96. Moreover, at the end of the last trading period, the closing price was at $52.87. Initiations * Rosenblatt initiated coverage on Penn National Gaming Inc (NASDAQ: PENN) with a Buy rating. The price target for Penn National Gaming is set to $80.00. For the second quarter, Penn National Gaming had an EPS of $1.69, compared to year-ago quarter EPS of $0.44. At the moment, the stock has a 52-week-high of $59.10 and a 52-week-low of $3.75. Penn National Gaming closed at $58.15 at the end of the last trading period. * With a current rating of Overweight, Morgan Stanley initiated coverage on Axsome Therapeutics Inc (NASDAQ: AXSM). The price target seems to have been set at $102.00 for Axsome Therapeutics. For the second quarter, Axsome Therapeutics had an EPS of $0.49, compared to year-ago quarter EPS of $0.41. At the moment, the stock has a 52-week-high of $109.94 and a 52-week-low of $13.64. Axsome Therapeutics closed at $72.39 at the end of the last trading period. * With a current rating of Outperform, Cowen & Co. initiated coverage on DermTech Inc (NASDAQ: DMTK). The price target seems to have been set at $20.00 for DermTech. For the second quarter, DermTech had an EPS of $0.58, compared to year-ago quarter EPS of $0.84. At the moment, the stock has a 52-week-high of $16.95 and a 52-week-low of $4.52. DermTech closed at $10.65 at the end of the last trading period. * Canaccord Genuity initiated coverage on Lincoln Educational Services Corp (NASDAQ: LINC) with a Buy rating. The price target for Lincoln Educational Servs is set to $12.00. For the second quarter, Lincoln Educational Servs had an EPS of $0.02, compared to year-ago quarter EPS of $0.12. The stock has a 52-week-high of $8.99 and a 52-week-low of $1.60. At the end of the last trading period, Lincoln Educational Servs closed at $6.85. * With a current rating of Buy, HC Wainwright & Co. initiated coverage on Medicenna Therapeutics Corp (NASDAQ: MDNA). The price target seems to have been set at $8.00 for Medicenna Therapeutics. The current stock performance of Medicenna Therapeutics shows a 52-week-high of Missing 52-Week High and a 52-week-low of Missing 52-Week Low . Moreover, at the end of the last trading period, the closing price was at $3.92. * With a current rating of Buy, MKM Partners initiated coverage on Exxon Mobil Corp (NYSE: XOM). The price target seems to have been set at $55.00 for Exxon Mobil. For the second quarter, Exxon Mobil had an EPS of $0.70, compared to year-ago quarter EPS of $0.73. At the moment, the stock has a 52-week-high of $75.18 and a 52-week-low of $30.11. Exxon Mobil closed at $37.96 at the end of the last trading period. * Wedbush initiated coverage on Rocket Companies Inc (NYSE: RKT) with a Neutral rating. The price target for Rocket Companies is set to $24.00. Rocket Companies earned $1.44 in the second quarter. At the moment, the stock has a 52-week-high of $34.42 and a 52-week-low of $18.31. Rocket Companies closed at $23.40 at the end of the last trading period. * With a current rating of Buy, HC Wainwright & Co. initiated coverage on Yield10 Bioscience Inc (NASDAQ: YTEN). The price target seems to have been set at $25.00 for Yield10 Bioscience. For the second quarter, Yield10 Bioscience had an EPS of $0.75, compared to year-ago quarter EPS of $0.15. The current stock performance of Yield10 Bioscience shows a 52-week-high of $14.69 and a 52-week-low of $0.11. Moreover, at the end of the last trading period, the closing price was at $4.35. * With a current rating of Overweight, KeyBanc initiated coverage on Sherwin-Williams Co (NYSE: SHW). The price target seems to have been set at $805.00 for Sherwin-Williams. Sherwin-Williams earned $7.10 in the second quarter, compared to $6.57 in the year-ago quarter. At the moment, the stock has a 52-week-high of $699.81 and a 52-week-low of $325.43. Sherwin-Williams closed at $695.17 at the end of the last trading period.See more from Benzinga * A Look Into Phillips 66's Debt * A Look Into Mednax's Debt * FuelCell Energy: Q3 Earnings Insights(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- SmarterAnalyst
Casey’s Delivers Strong Print On Gas Margins; Analyst Boosts PT
Despite a challenging business environment, convenience store chain Casey’s General Stores beat analysts’ earnings expectations and was essentially in line with revenue forecast for the first quarter of fiscal 2021, which ended on July 31.Casey's (CASY) offers self-service gasoline, grocery items and freshly prepared food items in over 2,200 stores. The company’s first-quarter EPS rose 40.3% Y/Y to $3.24 despite lower revenue and handily exceeded analysts’ estimate of $2.13.Earnings gained from efficient expense management and higher fuel margin driven by the company’s centralized retail pricing strategy and procurement improvements.Revenue dropped about 20% to $2.11 billion with fuel same-store gallons sold declining 14.6% as social distancing restrictions amid the pandemic impacted demand for fuel. Lower store traffic also caused a 9.8% fall in the same-store sales of the Prepared Food and Fountain segment.However, the demand for essentials amid the current crisis helped in driving a 3.6% growth in the Grocery and Other Merchandise same-store sales.Keeping in view the shift to digital channels, Casey’s says it will continue to invest in new digital capabilities. The company’s digital revenue surged by a whopping 162% in the fiscal first quarter.Following the results, RBC Capital analyst Irene Nattel increased the price target for Casey's to $180 from $176 while maintaining a Hold rating. In a research note to investors, the analyst highlighted the company’s "solid" first-quarter results considering the COVID-19 disruption and earnings beat driven primarily by stronger than expected gas margins.Nattel is positive about Casey's strong financial position given its leverage below 2-times expected next-12-months EBITDA. (See CASY stock analysis on TipRanks)However, she concludes: "we remain cautious with regard to the magnitude/timing of potential lift from the value creation plan pending improving farm income and greater insight on the timing/contribution of initiatives."Casey’s stock has risen about 7.0% year-to-date and the average analyst price target of $183.43 reflects an upside of about 7.7% in the coming months. The Street has a cautiously optimistic Moderate Buy rating for Casey’s based on 3 Buys and 4 Holds.Related News: KKR Plans To Inject Up To $1.5B In Reliance’s Retail Unit – Report Lululemon Skids 6% As 3Q Profit Expected To Drop Goldman Sachs Turns Bullish On Wyndham, Raises PT More recent articles from Smarter Analyst: * United Airlines Lowers 3Q Revenue Forecast As Travel Demand Fails To Return * UPS To Hire 100,000 Employees For Peak Holiday Season * Corning Gains 4% On Upbeat 3Q Revenue Outlook * Zscaler 4Q Sales Outperform Fueled By Cybersecurity Demand
- Motley Fool
Casey's General Stores (CASY) Q1 2021 Earnings Call Transcript
CASY earnings call for the period ending June 30, 2020.
- Simply Wall St.
Should You Investigate Casey's General Stores, Inc. (NASDAQ:CASY) At US$174?
While Casey's General Stores, Inc. (NASDAQ:CASY) might not be the most widely known stock at the moment, it led the...
- Motley Fool
Why Casey's General Stores Stock Popped 11.7% in August
A top rival's big acquisition helped underscore the gas station and convenience store chain's value.
- Zacks
Casey's (CASY) Q1 Earnings Top Estimates, Revenues Fall Y/Y
Casey's (CASY) first-quarter earnings improve year over year owing to strong fuel margin and better expense management.
- Benzinga
Casey's General Stores: Q1 Earnings Insights
Shares of Casey's General Stores (NASDAQ:CASY) rose 1.07% in after-market trading after the company reported Q1 results.Quarterly Results Earnings per share were up 40.26% year over year to $3.24, which beat the estimate of $2.11.Revenue of $2,105,000,000 decreased by 19.87% year over year, which missed the estimate of $2,110,000,000.Guidance Earnings guidance hasn't been issued by the company for now.View more earnings on CASYCasey's General Stores hasn't issued any revenue guidance for the time being.Technicals 52-week high: $182.99Company's 52-week low was at $114.01Price action over last quarter: Up 11.57%Company Description Casey's General Stores Inc owns and operates over 2,000 convenience stores in multiple Midwestern states of the U.S. The stores provide self-service gasoline, grocery items, and processed foods such as pizza, donuts, and sandwiches. Casey's operates its own distribution centres, delivering its in-store products and fuel supplies. The company owns of its real estate, including nearly all of the stores, the distribution centres, and some of its subsidiaries' facilities. More than half of the company's stores are located in areas with populations of fewer than 5,000 people.See more from Benzinga * Earnings Scheduled For September 8, 2020 * Earnings Preview: Casey's General Stores * Stocks That Hit 52-Week Highs On Thursday(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- Business Wire
Casey's Posts Record First Quarter Financial Results
Casey’s General Stores, Inc. ("Casey's" or the "Company") (Nasdaq symbol CASY) one of the leading convenience store chains in the United States, today announced financial results for the three months ended July 31, 2020.
- Business Wire
Casey's General Stores Teams up With Coca-Cola to Support Feeding America® During Hunger Action Month
September is Hunger Action Month, and Casey’s General Stores (Nasdaq: CASY) is stepping up to the plate. As part of the retailer’s partnership with Feeding America, Casey’s has set a goal for Hunger Action Month: Donate 10 million meals to school-aged children and their families who are experiencing food insecurity within its communities. To help achieve this goal, Casey’s has engaged Coca-Cola in the effort, including special offers on Coca-Cola at Casey’s stores.
Analyst Price Targets (10)
Upgrades & Downgrades
| Downgrade | JP Morgan: Neutral to Underweight | 9/14/2020 | |
| Maintains | Deutsche Bank: to Buy | 9/10/2020 | |
| Maintains | BMO Capital: to Market Perform | 9/10/2020 | |
| Upgrade | Stephens & Co.: Equal-Weight to Overweight | 9/10/2020 | |
| Upgrade | Raymond James: Market Perform to Outperform | 9/10/2020 | |
| Maintains | Sidoti & Co.: to Buy | 9/9/2020 |
Company Profile
One SE Convenience Boulevard
Ankeny, IA 50021
United States
515 965 6100
http://www.caseys.com
Sector(s): Consumer Defensive
Industry: Grocery Stores
Full Time Employees: 17,282
Casey's General Stores, Inc., together with its subsidiaries, operates convenience stores under the Casey's and Casey's General Store names. The company's stores offer a selection of food, including freshly prepared foods, such as pizza, donuts, and sandwiches; beverages, tobacco, and nicotine products; health and beauty aids; automotive products; and other nonfood items. Its stores also provide fuel for sale on a self-service basis. In addition, the company operates two stores under the Tobacco City name primarily selling tobacco and nicotine products; one liquor stores; and one grocery store. As of April 30, 2020, it operated 2,207 convenience stores in 16 states in the Midwest. Casey's General Stores, Inc. was founded in 1959 and is headquartered in Ankeny, Iowa.
