CASY stock: buy or sell?

CASY stock price: $164.49 -0.44% At close on September 20th, 2019

Updated on:
September 20th, 2019

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Shares of Caseys General Stores declined an unpleasant -0.44% and closed at $164.49.

Casey's General Stores, Inc., together with its subsidiaries, operates convenience stores under the Casey's and Casey's General Store names.

Should I buy CASY stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Having a trading plan helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

Currently, Caseys General Stores stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is Caseys General Stores stock a buy?

Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness. At Stocks2.com, we collected 15 ratings published for CASY stock in the last 30 days.

Is CASY a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-9-3Sidotin/aNeutral
2019-9-3Deutsche Bankn/aBuy
2019-9-19Sidotin/aNeutral
2019-9-12JPMorgan Chase & Co.n/aNeutral
2019-9-11Wells Fargo & Con/aMarket Perform
2019-9-11Stephensn/aOverweight
2019-9-11BMO Capital Marketsn/aMarket Perform
2019-9-11Barclaysn/aEqual Weight
2019-8-7GabelliBuyHold
2019-8-29Royal Bank of CanadaSector PerformUnderperform
2019-7-18Jefferies Financial Groupn/aBuy
2019-6-17Deutsche Bankn/aBuy
2019-6-14JPMorgan Chase & Co.n/aNeutral
2019-6-13Stephensn/aOverweight
2019-6-12Wells Fargo & Con/aMarket Perform

CASY stock analysis

Daily outlook

Shares of Caseys General Stores closed today at $164.49 and declined an unpleasant -0.44%.

Shares of Caseys General Stores declined an unpleasant -0.44% and closed at $164.49. Since last June when CASY stock price broke up the SMA100d line, it gained $33.60 (25.67%). Since SMA50d and SMA100d crossed up on June, CASY price climbed $33.15 per share (25.24%). On August 20th, CASY hit a new all time high, pushing higher than on Aug 19th tops. Check different trading setups that use ATHs as triggers.

CASY stock chart (daily)

Weekly outlook

Shares of Caseys General Stores dropped a shocking -3.80% this week.

Caseys General Stores stock is trading in the range of its last top and last bottom. Loosing would mean breaking the current uptrend. Breakdowns under last bottom are selling point signals for some trading strategies. Not so far away is the last all-time high Caseys General Stores marked by mid August. Since early June when CASY stock price broke up the SMA20w line, it gained $35.66 (27.68%).

CASY stock chart (weekly)

CASY stock price history

CASY stock went public on October 20th, 1983 with a price of $0.961. Since then, CASY stock grew a 17,034.40%, with a yearly average of 486.70%. If you had invested $1,000 in CASY stock in 1983, it would worth $170,344.00 today.

1: Adjusted price after possible price splits or reverse-splits.

CASY stock historical price chart

CASY stock reached all-time highs on August 20th with a price of $173.31.

CASY stock price target is $168.60

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. You should not follow the analysts' CASY stock price predictions in the hope that they will be met as they may be wrong and not met. We detected 14 price forecasts for CASY stock published in the last 30 days:
CASY stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-9-3SidotiRaises Target$147.00$166.0012.9%
2019-9-3Deutsche BankRaises Target$166.00$185.0011.4%
2019-9-19SidotiRaises Target$166.00$174.004.8%
2019-9-12JPMorgan Chase & Co.Raises Target$152.00$169.0011.2%
2019-9-11Wells Fargo & CoReiterates$145.00$165.0013.8%
2019-9-11StephensRaises Target$181.00$197.008.8%
2019-9-11BMO Capital MarketsRaises Targetn/a$170.00-
2019-9-11BarclaysRaises Target$140.00$170.0021.4%
2019-8-29Royal Bank of CanadaDowngrades$144.00$158.009.7%
2019-7-18Jefferies Financial GroupRaises Target$167.00$183.009.6%
2019-6-17Deutsche BankRaises Target$147.00$166.0012.9%
2019-6-14JPMorgan Chase & Co.Raises Target$140.00$152.008.6%
2019-6-13StephensRaises Target$143.00$165.0015.4%
2019-6-12Wells Fargo & CoReiterates$130.00$140.007.7%
(in average)$151.40$168.6011.0%
Moving in a range from $197.00 and $140.00, the price prediction for CASY stock is $168.60. In average, analysts' outlook on CASY price target is positive, improving the target by a 11.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

On March, Caseys General Stores reported its latest financial data, posting an outstanding growth for the Earnings per Share (EPS) ratio. Experts expected $0.90 per share, but Caseys General Stores posted $1.13.
CASY earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a0.76n/a
2017-Q3-n/a1.46n/a
2017-Q42018-03-070.630.48-23.8%
2018-Q12018-03-070.590.48-18.6%
2018-Q22018-06-120.680.51-25.0%
2018-Q32018-09-101.681.913.1%
2018-Q42018-12-101.551.816.1%
2019-Q12019-03-110.91.1325.6%
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

Compared to 2018, last anual revenues report draw a tight move of 0.01% to $8,391.12 M USD. When comparing 2018 vs 2018, likewise, profit margin (that is, the net income divided by revenues) remained stable a 0.00% to 3.79%.

To have an up to date picture of the financial situation of Caseys General Stores, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2019-Q1 that can be compared to 2018 fiscal year results. Annual Caseys General Stores TTM sales up to January 2019 were $9,263.55 and earnings were $197.94 M dollars. If we compare this TTM figures with the last reported annuality, we can esteem Caseys General Stores business evolution since April 2018: Annual revenues up to January, compared to lastest yearly report, climbed a wonderful 10.40%. Regarding profit margin, Caseys General Stores depreciated -1.65% to 3.79%

CASY annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2014$7,840 M-$135 M1.7%-
2014$7,840 M0.00%$135 M1.7%0.00%
2015$7,770 M-0.89%$181 M2.3%34.29%
2015$7,767 M-0.04%$181 M2.3%0.00%
2016$7,120 M-8.33%$226 M3.2%25.11%
2016$7,122 M0.03%$226 M3.2%0.00%
2017$7,510 M5.45%$177 M2.4%-21.46%
2017$7,507 M-0.05%$177 M2.4%0.00%
2018$8,390 M11.77%$318 M3.8%79.11%
2018$8,391 M0.01%$318 M3.8%0.00%
TTM $9,264 M10.40%$198 M2.1%-37.74%

Quarterly financial results

Caseys General Stores reported $2,048.08 million in revenues for 2019-Q1, a -19.30% decline compared to previous quarter. Reported quarter earnings marked $41.84 M with a profit margin of 2.04%. Profit margin remained stable a -0.58% compared to previous quarter when profit margin was 2.62%. When comparing turnover to same quarter last year, Caseys General Stores sales marked a neutral movement and stayed steady a -0.32%. Looking back to recent quarterly results, Caseys General Stores posted 2 negative quarters in a row.
CASY quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$1,850 M-$30 M1.6%-
2017-Q3$2,090 M12.97%$57 M2.7%88.70%
2017-Q4$2,154 M3.05%$49 M2.3%-13.82%
2018-Q1$2,055 M-4.60%$193 M9.4%294.47%
2018-Q2$2,089 M1.68%$19 M0.9%-90.02%
2018-Q3$2,588 M23.91%$70 M2.7%264.57%
2018-Q4$2,538 M-1.95%$67 M2.6%-5.14%
2019-Q1$2,048 M-19.30%$42 M2.0%-37.20%

Caseys General Stores ownership

When you are planning to invest in a company, it's always worth to have a look its ownership structure.

Caseys General Stores shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 1.15% of all shares.

Bearish positions for CASY stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to Caseys General Stores:

CASYIMKTAKRMUSATA
Market cap$6.0 B$559.5 M$20.5 B$2.8 B$104.8 M
Total shares36.8 M14.2 M798.8 M32.0 M8.1 M
Float shares36.6 M14.2 M791.9 M30.0 M7.7 M
  - Institutional holdings (%)89.6%91.9%84.5%88.3%59.5%
  - Insider holdings (%)1.1%0.4%0.7%7.9%0.2%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

CASY summary

Friday, September 20th, 2019
Open$165.33
Close$164.49
Day range$163.74 - $166.90
Previous close$165.22
Session gain-0.44%
Average true range$4.47
50d mov avg$165.90
100d mov avg$153.81
200d mov avg$141.77
Daily pattern
Weekly pattern lt06a

Caseys General Stores performance

Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. We picked Ingles Markets, Kroger, Murphy USA, TravelCenters of America and Weis Markets as the bechmarking frame for Caseys General Stores stock.
Stock3m6m12m
CASYCaseys General St...7.00%33.43%28.75%
IMKTAIngles Markets25.59%44.86%18.46%
KRKroger16.21%6.78%-12.39%
MUSAMurphy USA3.25%7.90%1.01%
TATravelCenters of ...-25.30%-39.30%-53.71%
WMKWeis Markets7.65%-3.43%-11.39%

Caseys General Stores competitors

One check before trading any stock is to have a look a list of its competitors, in this case for Caseys General Stores. We chose 5 companies as Caseys General Stores competitors as they are in the same industry or have similar market objectives.