Press coverage about Caseys General Stores (NASDAQ:CASY) has trended somewhat positive this week, Accern reports. The research group identifies positive and negative news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Caseys General Stores earned a media sentiment score of 0.09 on Accern’s scale. Accern also gave press coverage about the company an impact score of 46.5777757287213 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Shares of Caseys General Stores (NASDAQ CASY) traded down $0.90 during midday trading on Thursday, hitting $123.67. 437,041 shares of the stock traded hands, compared to its average volume of 483,359. Caseys General Stores has a 52-week low of $99.76 and a 52-week high of $126.49. The firm has a market capitalization of $4,677.64, a price-to-earnings ratio of 29.11, a P/E/G ratio of 2.65 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 (NASDAQ:CASY) last posted its earnings results on Tuesday, September 5th. The company reported $1.46 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $1.46. Caseys General Stores had a net margin of 2.19% and a return on equity of 13.99%. The company had revenue of $2.09 billion for the quarter, compared to analyst estimates of $2.16 billion. During the same quarter in the prior year, the business posted $1.70 EPS. The firm’s revenue was up 6.3% compared to the same quarter last year. sell-side analysts forecast that Caseys General Stores will post 4.31 earnings per share for the current fiscal year.
A number of brokerages have recently issued reports on CASY. Zacks Investment Research upgraded 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 research report on Thursday, August 17th. Jefferies Group set a $139.00 price target on shares of Caseys General Stores and gave the company a “buy” rating in a research report on Friday, August 25th. 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 research report on Sunday, August 13th. Finally, Raymond James Financial restated a “buy” rating on shares of Caseys General Stores in a research report on Wednesday. Two research analysts have rated the stock with a sell rating, six have issued a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $115.29.
In other Caseys General Stores news, SVP Brian Joseph Johnson sold 1,000 shares of the stock in a transaction dated 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 sale, the senior vice president now owns 8,229 shares in the company, valued at approximately $888,814.29. The transaction was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 1.30% of the company’s stock.
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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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