CASY stock: buy or sell?
September 20th, 2019
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.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
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.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-9-12||JPMorgan Chase & Co.||n/a||Neutral|
|2019-9-11||Wells Fargo & Co||n/a||Market Perform|
|2019-9-11||BMO Capital Markets||n/a||Market Perform|
|2019-8-29||Royal Bank of Canada||Sector Perform||Underperform|
|2019-7-18||Jefferies Financial Group||n/a||Buy|
|2019-6-14||JPMorgan Chase & Co.||n/a||Neutral|
|2019-6-12||Wells Fargo & Co||n/a||Market Perform|
CASY stock analysis
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.
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 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 $168.60Predicting 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:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-9-3||Deutsche Bank||Raises Target||$166.00||$185.00||11.4%|
|2019-9-12||JPMorgan Chase & Co.||Raises Target||$152.00||$169.00||11.2%|
|2019-9-11||Wells Fargo & Co||Reiterates||$145.00||$165.00||13.8%|
|2019-9-11||BMO Capital Markets||Raises Target||n/a||$170.00||-|
|2019-8-29||Royal Bank of Canada||Downgrades||$144.00||$158.00||9.7%|
|2019-7-18||Jefferies Financial Group||Raises Target||$167.00||$183.00||9.6%|
|2019-6-17||Deutsche Bank||Raises Target||$147.00||$166.00||12.9%|
|2019-6-14||JPMorgan Chase & Co.||Raises Target||$140.00||$152.00||8.6%|
|2019-6-12||Wells Fargo & Co||Reiterates||$130.00||$140.00||7.7%|
Financials and fundamental analysis
Earnings date and Earnings per ShareOn 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.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared 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%
|2014||$7,840 M||-||$135 M1.7%||-|
|2014||$7,840 M||0.00%||$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 M||0.03%||$226 M3.2%||0.00%|
|2017||$7,510 M||5.45%||$177 M2.4%||-21.46%|
|2017||$7,507 M||-0.05%||$177 M2.4%||0.00%|
|2018||$8,390 M||11.77%||$318 M3.8%||79.11%|
|2018||$8,391 M||0.01%||$318 M3.8%||0.00%|
|TTM||$9,264 M||10.40%||$198 M2.1%||-37.74%|
Quarterly financial resultsCaseys 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.
|2017-Q2||$1,850 M||-||$30 M1.6%||-|
|2017-Q3||$2,090 M||12.97%||$57 M2.7%||88.70%|
|2017-Q4||$2,154 M||3.05%||$49 M2.3%||-13.82%|
|2018-Q1||$2,055 M||-4.60%||$193 M9.4%||294.47%|
|2018-Q2||$2,089 M||1.68%||$19 M0.9%||-90.02%|
|2018-Q3||$2,588 M||23.91%||$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 ownershipWhen 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:
|Market cap||$6.0 B||$559.5 M||$20.5 B||$2.8 B||$104.8 M|
|Total shares||36.8 M||14.2 M||798.8 M||32.0 M||8.1 M|
|Float shares||36.6 M||14.2 M||791.9 M||30.0 M||7.7 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 selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Friday, September 20th, 2019|
|Day range||$163.74 - $166.90|
|Average true range||$4.47|
|50d mov avg||$165.90|
|100d mov avg||$153.81|
|200d mov avg||$141.77|
Caseys General Stores performanceStocks 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.
|CASYCaseys General St...||7.00%||33.43%||28.75%|
|TATravelCenters of ...||-25.30%||-39.30%||-53.71%|