News stories about Caseys General Stores (NASDAQ:CASY) have been trending somewhat positive on Wednesday, according to Accern Sentiment. Accern identifies negative and positive news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Caseys General Stores earned a news impact score of 0.07 on Accern’s scale. Accern also gave media headlines about the company an impact score of 46.4226570595493 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Here are some of the media headlines that may have effected Accern Sentiment Analysis’s rankings:
- Caseys General Stores, Inc. (CASY) Given Average Recommendation of “Hold” by Brokerages (americanbankingnews.com)
- How big is Casey’s? 2,000th store opens today (kcci.com)
- Casey General Stores : Celebrates 2000th Store (4-traders.com)
- Casey’s Celebrates 2000th Store (finance.yahoo.com)
Caseys General Stores (NASDAQ CASY) opened at $123.43 on Wednesday. The company has a market cap of $4,610.94, a P/E ratio of 28.70, a PEG ratio of 2.61 and a beta of 0.46. The company has a quick ratio of 0.48, a current ratio of 0.99 and a debt-to-equity ratio of 0.91. Caseys General Stores has a 12-month low of $99.76 and a 12-month high of $126.49.
Caseys General Stores (NASDAQ:CASY) last issued its earnings results on Tuesday, September 5th. The company reported $1.46 EPS for the quarter, meeting the consensus estimate of $1.46. The company had revenue of $2.09 billion during the quarter, compared to analysts’ expectations of $2.16 billion. Caseys General Stores had a net margin of 2.19% and a return on equity of 13.99%. The business’s revenue for the quarter was up 6.3% compared to the same quarter last year. During the same period in the previous year, the company earned $1.70 EPS. sell-side analysts predict that Caseys General Stores will post 4.31 earnings per share for the current fiscal year.
A number of research firms have issued reports on CASY. Zacks Investment Research raised shares of Caseys General Stores from a “sell” rating to a “hold” rating in a report on Monday, August 14th. BidaskClub downgraded shares of Caseys General Stores from a “hold” rating to a “sell” rating in a report on Thursday, August 17th. Jefferies Group set a $139.00 price objective on shares of Caseys General Stores and gave the company a “buy” rating in a report on Friday, August 25th. Finally, Royal Bank Of Canada set a $118.00 price objective on shares of Caseys General Stores and gave the company a “hold” rating in a report on Sunday, August 13th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. Caseys General Stores currently has a consensus rating of “Hold” and an average price target of $115.29.
In other news, SVP Brian Joseph Johnson sold 1,000 shares of the business’s stock in a transaction that occurred on Friday, September 22nd. The shares were sold at an average price of $108.01, for a total value of $108,010.00. Following the completion of the transaction, the senior vice president now directly owns 8,229 shares in the company, valued at approximately $888,814.29. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.30% of the stock is currently owned by insiders.
About Caseys General Stores
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.
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