Caseys General Stores (NASDAQ:CASY)‘s stock had its “hold” rating reissued by investment analysts at Barclays in a research note issued on Friday.

Other equities analysts also recently issued reports about the stock. Raymond James Financial downgraded shares of Caseys General Stores from an “outperform” rating to a “mkt perform” rating in a report on Tuesday. Royal Bank of Canada set a $116.00 target price on shares of Caseys General Stores and gave the stock a “hold” rating in a report on Monday, August 28th. BidaskClub downgraded shares of Caseys General Stores from a “hold” rating to a “sell” rating in a report on Thursday, August 17th. Zacks Investment Research downgraded shares of Caseys General Stores from a “hold” rating to a “sell” rating in a report on Wednesday, December 6th. Finally, Jefferies Group set a $139.00 target price on shares of Caseys General Stores and gave the stock a “buy” rating in a report on Friday, August 25th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. Caseys General Stores has an average rating of “Hold” and a consensus price target of $115.29.

Caseys General Stores (NASDAQ CASY) traded down $3.07 during midday trading on Friday, hitting $104.79. 882,000 shares of the stock were exchanged, compared to its average volume of 503,362. The company has a quick ratio of 0.48, a current ratio of 1.23 and a debt-to-equity ratio of 1.13. Caseys General Stores has a 12 month low of $99.76 and a 12 month high of $126.49. The firm has a market capitalization of $4,049.85, a P/E ratio of 26.44, a PEG ratio of 2.34 and a beta of 0.46.

Caseys General Stores (NASDAQ:CASY) last issued its earnings results on Monday, December 11th. The company reported $1.28 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.40 by ($0.12). The firm had revenue of $2.15 billion for the quarter, compared to analyst estimates of $2.17 billion. Caseys General Stores had a return on equity of 13.42% and a net margin of 2.02%. Caseys General Stores’s quarterly revenue was up 12.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.44 earnings per share. sell-side analysts predict that Caseys General Stores will post 4.26 earnings per share for the current fiscal year.

In other Caseys General Stores news, SVP Brian Joseph Johnson sold 1,000 shares of Caseys General Stores stock in a transaction on Friday, September 22nd. The shares were sold at an average price of $108.01, for a total transaction of $108,010.00. Following the completion of the transaction, the senior vice president now directly owns 8,229 shares of the company’s stock, valued at $888,814.29. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 1.30% of the company’s stock.

A number of hedge funds have recently added to or reduced their stakes in the business. Americafirst Capital Management LLC bought a new position in Caseys General Stores during the third quarter worth $412,000. Dean Investment Associates LLC boosted its position in shares of Caseys General Stores by 19.0% in the third quarter. Dean Investment Associates LLC now owns 6,436 shares of the company’s stock valued at $704,000 after acquiring an additional 1,028 shares during the period. California Public Employees Retirement System boosted its position in shares of Caseys General Stores by 4.0% in the third quarter. California Public Employees Retirement System now owns 76,946 shares of the company’s stock valued at $8,422,000 after acquiring an additional 2,946 shares during the period. Ladenburg Thalmann Financial Services Inc. boosted its position in shares of Caseys General Stores by 2.1% in the third quarter. Ladenburg Thalmann Financial Services Inc. now owns 41,086 shares of the company’s stock valued at $4,497,000 after acquiring an additional 864 shares during the period. Finally, Cubist Systematic Strategies LLC boosted its position in shares of Caseys General Stores by 607.7% in the third quarter. Cubist Systematic Strategies LLC now owns 4,600 shares of the company’s stock valued at $503,000 after acquiring an additional 3,950 shares during the period. 97.20% of the stock is owned by hedge funds and other institutional investors.

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Caseys General Stores Company Profile

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.

Analyst Recommendations for Caseys General Stores (NASDAQ:CASY)

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