Caseys General Stores, Inc. (CASY)
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Caseys General Stores (CASY) earnings: expect 1% revenue growth

Carla Olson | 5:17 pm ET, 09 Jun 2019

Caseys General Stores (CASY) is announcing earnings on June 11. We combed through analyst estimates to understand what the company revenue and earnings are predicted to look like.

What should you expect from the upcoming earnings?

Revenue for the next quarter is expected to be $2.11B, which implies a 1% growth rate year-over-year.

Earnings per share are expected to come in at $0.42. If this materializes, EPS will decline -18% year-over-year.

How did the stock do last month?

Over the last month, Caseys General Stores (CASY) returned -2.47%.

How is the stock valued?

Caseys General Stores (CASY) forward P/E ratio is 23.51, and it’s high compared to its industry peers’ P/E ratios.

What do analysts say about the stock?

Caseys General Stores (CASY) average analyst price target is 5.4% above its current price ($131.60).

For the latest price and information on Caseys General Stores, please visit Finstead and ask for "CASY", "CASY analysis" or "CASY news".

Disclaimer: The news article above expresses the author’s opinion about the topic of the article. We strongly advise you not to base your investment decisions just on this article alone. If you’d like to become a writer for Finstead Bites, please send us an email at hi@finstead.com.


Caseys General Stores, Inc. (CASY) Buy or Sell Stock Guide

Updated at: 2:57 am ET, 12 Jun 2019

Are you looking for the analysis of Caseys General Stores, Inc. (CASY) stock? Are you wondering what the bulls and the bears say about it?

If so, you came to the right place. In this stock guide, we will share with you 4 reasons to buy and 7 reasons to sell CASY stock. You’ll get a perspective on what the bulls and the bears say about it.

The analysis below may be also helpful to you if you have any of the following questions about CASY stock:

  • Is CASY a buy or a sell?
  • Should I sell or hold CASY stock today?
  • Is CASY a good buy / investment?
  • What are CASY analyst opinions, recommendations and ratings?

Let’s start with the bull case. Here are the reasons to buy CASY stock:

1. CASY profitability is improving. The YoY profit margin change was 1.89percentage points. See CASY profitability chart.

2. CASY forward P/E ratio is 23.51, and it’s low compared to its industry peers’ P/E ratios. See CASY forward P/E ratio chart.

3. CASY PEG ratio (P/E adjusted for growth) is 1.55, and it’s low compared to its industry peers’ PEG ratios. See CASY PEG chart.

4. CASY average analyst rating is Buy. See CASY analyst rating chart.

Now that you understand the bull case, let’s look at the reasons to sell CASY stock (i.e., the bear case):

1. CASY stock price ($146.39) is close to the 52-week high ($146.94). Perhaps now is a good time to sell? See CASY price chart.

2. CASY quarterly revenue growth was -0.70%, lower than the industry and sector average revenue growth (3.30% and 3.51%, respectively). See CASY revenue growth chart.

3. CASY Price/Book ratio is 3.40, and it’s high compared to its industry peers’ P/B ratios. See CASY forward Price/Book ratio chart.

4. CASY Price/Sales ratio is 0.57, and it’s high compared to its industry peers’ P/S ratios. See CASY forward Price/Sales ratio chart.

5. CASY average analyst price target ($139.73) is below its current price ($146.39). See CASY price target chart.

6. CASY short share of float is 5.08%. The stock is much more frequently shorted than the average industry, sector or S&P 500 stock. See CASY short share of float chart.

7. CASY short interest (days to cover the shorts) ratio is 5.45. The stock garners more short interest than the average industry, sector or S&P 500 stock. See CASY short interest ratio chart.

Now let's look at the key statistics for CASY:

Metrics CASY
Price $151.92
Average Price Target / Upside $139.73 / -8.02%
Average Analyst Rating Buy
Industry Grocery Stores
Sector Consumer Defensive
Number of Employees 37,205
Market Cap $5.57B
Forward P/E Ratio 27.63
Price/Book Ratio 0.6
PEG 1.55
Revenue (TTM) $9.35B
YoY Quarterly Revenue Growth 15.9%
Profit Margin 2.18%

What are your thoughts on CASY?

If you liked this analysis, check out Buy or Sell Stock Guides for other stocks.

Disclaimer: The news article above expresses the author’s opinion about the topic of the article. We strongly advise you not to base your investment decisions just on this article alone. If you’d like to become a writer for Finstead Bites, please send us an email at hi@finstead.com.


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