Casey's General Stores (NASDAQ:CASY) received a $150.00 target price from Stephens in a report released on Friday. The brokerage presently has a “buy” rating on the stock. Stephens’ price objective would suggest a potential upside of 20.72% from the stock’s previous close.
Several other equities research analysts have also issued reports on the company. Zacks Investment Research lowered Casey's General Stores from a “hold” rating to a “sell” rating in a research report on Tuesday. BidaskClub raised Casey's General Stores from a “buy” rating to a “strong-buy” rating in a research report on Saturday, January 6th. Wells Fargo & Co raised their target price on Casey's General Stores from $105.00 to $118.00 and gave the company a “market perform” rating in a research report on Thursday, January 4th. Barclays reaffirmed a “hold” rating on shares of Casey's General Stores in a research report on Friday, December 15th. Finally, Raymond James Financial lowered Casey's General Stores from an “outperform” rating to a “mkt perform” rating in a research report on Tuesday, December 12th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $119.44.
Shares of Casey's General Stores (NASDAQ CASY) traded up $2.04 during trading on Friday, hitting $124.25. The stock had a trading volume of 391,245 shares, compared to its average volume of 498,710. Casey's General Stores has a 1 year low of $99.76 and a 1 year high of $125.55. The stock has a market cap of $4,588.65, a price-to-earnings ratio of 30.45, a PEG ratio of 2.13 and a beta of 0.46. The company has a current ratio of 1.23, a quick ratio of 0.72 and a debt-to-equity ratio of 1.13.
Several hedge funds have recently bought and sold shares of the company. Neuberger Berman Group LLC grew its stake in shares of Casey's General Stores by 0.9% during the 2nd quarter. Neuberger Berman Group LLC now owns 2,474 shares of the company’s stock worth $265,000 after acquiring an additional 23 shares during the period. Clear Perspective Advisors LLC boosted its stake in Casey's General Stores by 8.9% in the 2nd quarter. Clear Perspective Advisors LLC now owns 1,225 shares of the company’s stock worth $131,000 after purchasing an additional 100 shares during the period. Ameritas Investment Partners Inc. boosted its stake in Casey's General Stores by 1.5% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 11,725 shares of the company’s stock worth $1,256,000 after purchasing an additional 175 shares during the period. Cambridge Investment Research Advisors Inc. boosted its stake in Casey's General Stores by 7.4% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 2,964 shares of the company’s stock worth $318,000 after purchasing an additional 203 shares during the period. Finally, Prudential Financial Inc. boosted its stake in Casey's General Stores by 1.3% in the 2nd quarter. Prudential Financial Inc. now owns 24,793 shares of the company’s stock worth $2,656,000 after purchasing an additional 324 shares during the period. Institutional investors own 97.15% of the company’s stock.
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Casey's 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.
