CASY Stock Caseys General Stores Inc - Complete Overview

Nasdaq / Retail / Consumer Defensive / CASY Stock

Caseys General Stores Inc (CASY) price per share as of 22 Jun 2018
USD
Your sentiment
COLDTRENDOMETERHOT
Shares Outstanding 37.54M
Avg Daily Volume 566.3K
Market Cap 4.23B
Volatility 24.17% MEDIUM

CASEYS GENERAL STORES INC (CASY) OVERVIEW

CASY stock is a retail company traded on Nasdaq. It is valued at 4.23B US dollars. There are 37.54M shares outstanding which Caseys General Stores Inc issued to investors. Volatility of the stock is MEDIUM, and the daily volume is 24.17% stock on average. Caseys General Stores Inc is paying dividends with the latest yield of 0.90%. It brought investors a total return of 1.13% over the last 12 months. Caseys General Stores Inc stock is relatively cheap. It's P/E ratio is below the market average.

Caseys General Stores Inc (CASY) STOCK PRICE PERFORMANCE

CASY SHAREHOLDER'S RETURN

Earnings Per Share 8.68
Dividends Per Share 1.02
12 Months Price Performance Low
Dividend Yield Low
Total Return Low

CASY LATEST NEWS

Casey's General Stores (CASY) Q4 2018 Earnings Conference Call Transcript

CASY earnings call for the period ending April 30, 2018.

Casey's General Stores Falls Short of Lowered Expectations

The Midwestern convenience store is expecting comps growth of 1.5% to 3% in the current fiscal year.

Stop-n-Go parent Casey's stock drops to 3-year low after earnings, sales miss expectations

Shares of Stop-n-Go Stores parent Casey's General Stores Inc. sank 5% toward a three-year low in morning trade Tuesday, after the operator of convenience stores and gas stations reported fiscal fourth-quarter profit and revenue that missed expectations, citing "suppressed fuel margin and challenging weather." Net income for the quarter to April 30 fell to $19.3 million, or 51 cents a share, from $30.1 million, or 76 cents a share, in the same period a year ago. The FactSet consensus for earnings per share was 66 cents. Revenue rose to $2.09 billion from $1.85 billion, but missed the FactSet consensus of $2.12 billion. Same-store gallons rose 2.0%, missing the FactSet consensus for 3.0% growth, as average margin of 16.3 cents per gallon was well below the full-year average margin of 18.5 cents per gallon. Same-store sales for grocery and other merchandise fell 0.4%, while the FactSet consensus was for a rise of 2.6%, and the 1.3% decline in prepared food and fountain same-store sales missed expectations of a 2.2% rise. The stock, which was trading at the lowest level since June 2015, has now tumbled 18% year to date, while the SPDR S&P Retail ETF has rallied 11% and the S&P 500 has gained 4.3%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Casey's General Stores Inc Misses Key Benchmark, Announces Major Changes

The bar is being set very high. Can the company meet it?

3 Stocks That Could Get Bought Out in 2018

Casey's General Stores, Pandora, and SeaWorld are three out-of-favor stocks that declined in 2017 but could bounce back on buyout potential this year.

Activist investors recommend Casey's General Stores explore strategic alternatives, including sale

JCP Investment Management LLC, BLR Partners LP and Joshua Schechter have issued an open letter to Casey's General Stores Inc. shareholders recommending that the company explore strategic alternatives, including a sale. Together, the activist shareholders own about $45 million in Casey's stock. "Casey's no longer delivers best in class returns as measured by either operating metrics or share price performance," the letter says, noting that the company has missed earnings targets for the past seven quarters. Casey's has expanded from operations in nine states to 15 states in recent years. "We believe such rapid expansion coupled with seeming declining returns on invested capital is symptomatic of a company that has been unable to manage growth effectively," the letter says. The investment groups believe Casey's shares could be worth from $150 to more than $170 per share to a potential buyer. They are priced at $112.39 in Wednesday premarket trading. Casey's stock is down 5.5% for the past year while the S&P 500 index is up 19.4% for the period.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Caseys General Stores Inc (CASY) TECHNICAL INDICATORS

Name Value Action
RSI(14) 71.43 Strong buy
CMO(14) 42.85 Strong buy
ADX(14) 16.41 N/A
Williams %R -7.23 Sell

CASY STOCK VALUATION

CASY Industry Sector Market
Price to Earnings 12.97 22.14 128.77 42.97
Price to Book Value 3.18 4.65 17.30 7.16
Price to Sales 0.52 2.25 3.02 4.94
Return on Equity 27.20% 20.80% 17.24% 19.21%
Return on Assets 10.10% 9.35% 5.73% 8.55%
All values TTM (trailing twelve months). Source: Quandl.com

CASY FORUM DISCUSSIONS