Casey’s General Stores (CASY) to Release Quarterly Earnings on Monday

Share on StockTwits

Casey’s General Stores (NASDAQ:CASY) is set to announce its earnings results after the market closes on Monday, December 9th. Analysts expect the company to announce earnings of $2.10 per share for the quarter.

Casey’s General Stores (NASDAQ:CASY) last announced its quarterly earnings data on Monday, September 9th. The company reported $2.31 EPS for the quarter, beating the Zacks’ consensus estimate of $2.03 by $0.28. The business had revenue of $2.63 billion during the quarter, compared to the consensus estimate of $2.59 billion. Casey’s General Stores had a return on equity of 15.55% and a net margin of 2.34%. The business’s revenue for the quarter was up 1.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.90 earnings per share. On average, analysts expect Casey’s General Stores to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Shares of NASDAQ:CASY traded up $1.23 during midday trading on Friday, reaching $174.89. The company’s stock had a trading volume of 2,442 shares, compared to its average volume of 316,465. The firm has a market cap of $6.39 billion, a price-to-earnings ratio of 31.60, a price-to-earnings-growth ratio of 3.03 and a beta of 0.52. The company has a quick ratio of 0.29, a current ratio of 0.76 and a debt-to-equity ratio of 0.88. Casey’s General Stores has a 1 year low of $116.23 and a 1 year high of $177.19. The business has a 50 day moving average price of $169.72 and a 200 day moving average price of $160.77.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Friday, November 1st were given a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 0.73%. The ex-dividend date was Thursday, October 31st. Casey’s General Stores’s dividend payout ratio is currently 23.23%.

In related news, Director Allison M. Wing sold 554 shares of the business’s stock in a transaction dated Monday, September 23rd. The stock was sold at an average price of $165.91, for a total value of $91,914.14. Following the transaction, the director now owns 998 shares in the company, valued at $165,578.18. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 0.41% of the company’s stock.

A number of research firms have issued reports on CASY. ValuEngine downgraded Casey’s General Stores from a “buy” rating to a “hold” rating in a research report on Wednesday, October 2nd. Barclays boosted their price target on Casey’s General Stores from $140.00 to $170.00 and gave the company an “equal weight” rating in a research report on Wednesday, September 11th. Stephens boosted their price target on Casey’s General Stores from $181.00 to $197.00 and gave the company an “overweight” rating in a research report on Wednesday, September 11th. Jefferies Financial Group set a $192.00 price target on Casey’s General Stores and gave the company a “buy” rating in a research report on Tuesday, September 10th. Finally, Wells Fargo & Co boosted their price target on Casey’s General Stores from $145.00 to $165.00 and gave the company a “market perform” rating in a research report on Wednesday, September 11th. One research analyst has rated the stock with a sell rating, ten have given a hold rating and three have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $172.80.

About Casey’s General Stores

Casey's General Stores, Inc, together with its subsidiaries, operates convenience stores under the Casey's and Casey's General Store names. The company's stores offer a selection of food, including freshly prepared foods, such as pizza, donuts, and sandwiches; beverage and tobacco products; health and beauty aids; automotive products; school supplies, housewares, and pet supplies; and other nonfood items.

Featured Article: Why is Cost of Capital Important?

Earnings History for Casey`s General Stores (NASDAQ:CASY)

Receive News & Ratings for Casey's General Stores Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Casey's General Stores and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Janney Montgomery Scott LLC Purchases 22,288 Shares of Colgate-Palmolive
Janney Montgomery Scott LLC Purchases 22,288 Shares of Colgate-Palmolive
Janney Montgomery Scott LLC Boosts Stake in Vanguard Large-Cap ETF
Janney Montgomery Scott LLC Boosts Stake in Vanguard Large-Cap ETF
Janney Montgomery Scott LLC Trims Stock Position in Emerson Electric Co.
Janney Montgomery Scott LLC Trims Stock Position in Emerson Electric Co.
Janney Montgomery Scott LLC Has $13.87 Million Stock Holdings in First Trust Preferred Securities and Income ETF
Janney Montgomery Scott LLC Has $13.87 Million Stock Holdings in First Trust Preferred Securities and Income ETF
Squar Milner Financial Services LLC Has $91,000 Stock Position in SPDR Wells Fargo Preferred Stock ETF
Squar Milner Financial Services LLC Has $91,000 Stock Position in SPDR Wells Fargo Preferred Stock ETF
Janney Montgomery Scott LLC Acquires 8,875 Shares of iShares Select Dividend ETF
Janney Montgomery Scott LLC Acquires 8,875 Shares of iShares Select Dividend ETF


© 2006-2020 Ticker Report