Casey’s General Stores (NASDAQ: CASY) recently received a number of ratings updates from brokerages and research firms:

  • 9/12/2016 – Casey’s General Stores had its price target lowered by analysts at Deutsche Bank AG from $141.00 to $135.00. They now have a “buy” rating on the stock.
  • 9/10/2016 – Casey’s General Stores had its “market perform” rating reaffirmed by analysts at BMO Capital Markets. They now have a $118.00 price target on the stock, up previously from $115.00.
  • 9/8/2016 – Casey’s General Stores had its price target lowered by analysts at Royal Bank Of Canada from $145.00 to $143.00. They now have an “outperform” rating on the stock.
  • 9/8/2016 – Casey’s General Stores had its “hold” rating reaffirmed by analysts at Wells Fargo & Co..
  • 9/7/2016 – Casey’s General Stores was given a new $137.00 price target on by analysts at Jefferies Group. They now have a “hold” rating on the stock.
  • 9/6/2016 – Casey’s General Stores had its price target raised by analysts at Goldman Sachs Group Inc. from $145.00 to $149.00. They now have a “buy” rating on the stock.
  • 9/3/2016 – Casey’s General Stores had its “outperform” rating reaffirmed by analysts at RBC Capital Markets. They now have a $145.00 price target on the stock, up previously from $139.00.
  • 9/1/2016 – Casey’s General Stores had its price target raised by analysts at Royal Bank Of Canada from $139.00 to $145.00. They now have an “outperform” rating on the stock.
  • 8/22/2016 – Casey’s General Stores had its price target raised by analysts at Jefferies Group from $113.00 to $137.00. They now have a “hold” rating on the stock.
  • 8/19/2016 – Casey’s General Stores had its price target raised by analysts at Deutsche Bank AG from $130.00 to $141.00. They now have a “buy” rating on the stock.
  • 8/3/2016 – Casey’s General Stores had its “hold” rating reaffirmed by analysts at Jefferies Group.
  • 7/25/2016 – Casey’s General Stores is now covered by analysts at Bank of America Corp.. They set a “buy” rating and a $150.00 price target on the stock.

Shares of Casey’s General Stores Inc. (NASDAQ:CASY) traded down 0.36% on Wednesday, hitting $118.65. The stock had a trading volume of 333,685 shares. Casey’s General Stores Inc. has a 12 month low of $98.80 and a 12 month high of $136.22. The firm’s 50-day moving average price is $129.06 and its 200 day moving average price is $120.87. The firm has a market cap of $4.65 billion, a P/E ratio of 20.24 and a beta of 0.50.

Casey’s General Stores (NASDAQ:CASY) last announced its quarterly earnings data on Tuesday, September 6th. The company reported $1.70 earnings per share for the quarter, missing analysts’ consensus estimates of $1.81 by $0.11. The company had revenue of $1.97 billion for the quarter. Casey’s General Stores had a net margin of 3.29% and a return on equity of 21.62%. Casey’s General Stores’s revenue was down 3.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.57 earnings per share. Analysts anticipate that Casey’s General Stores Inc. will post $5.66 EPS for the current fiscal year.

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The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 15th. Stockholders of record on Tuesday, November 1st will be issued a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 0.81%. The ex-dividend date is Friday, October 28th. Casey’s General Stores’s dividend payout ratio (DPR) is presently 16.38%.

In other news, SVP Julia L. Jackowski sold 3,000 shares of the business’s stock in a transaction on Wednesday, June 29th. The shares were sold at an average price of $127.75, for a total transaction of $383,250.00. Following the sale, the senior vice president now directly owns 21,939 shares of the company’s stock, valued at $2,802,707.25. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 1.30% of the company’s stock.

Casey’s General Stores, Inc and its subsidiaries, operate convenience stores under the name Casey’s General Store in approximately 10 Midwestern states, in Iowa, Missouri, and Illinois. The Company also operates approximately two stores selling primarily tobacco products. The stores carry a range of food, including freshly prepared foods such as pizza, donuts, and sandwiches, beverages, tobacco products, health and beauty aids, automotive products and other nonfood items.

5 Day Chart for NASDAQ:CASY

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