Casey’s General Shops, Inc. (NASDAQ:CASY) was the goal of a major improve in brief curiosity throughout the month of October. As of October 30th, there was quick curiosity totalling 508,200 shares, a rise of 20.3% from the October 15th whole of 422,600 shares. Primarily based on a mean every day buying and selling quantity, of 210,00Zero shares, the short-interest ratio is at the moment 2.Four days. At the moment, 1.4% of the corporate’s stock are quick bought.
A number of giant buyers have lately made modifications to their positions within the enterprise. California Public Staff Retirement System raised its place in shares of Casey’s General Shops by 2.6% within the third quarter. California Public Staff Retirement System now owns 84,774 shares of the corporate’s stock valued at $15,060,00Zero after shopping for a further 2,144 shares within the final quarter. Artistic Planning elevated its stake in Casey’s General Shops by 46.2% throughout the 2nd quarter. Artistic Planning now owns 3,801 shares of the corporate’s stock worth $568,00Zero after buying a further 1,201 shares throughout the interval. William Blair Funding Administration LLC raised its holdings in Casey’s General Shops by 9.2% within the third quarter. William Blair Funding Administration LLC now owns 38,813 shares of the corporate’s stock valued at $6,895,00Zero after buying a further 3,268 shares within the final quarter. Morgan Stanley lifted its place in shares of Casey’s General Shops by 12.5% throughout the 1st quarter. Morgan Stanley now owns 52,343 shares of the corporate’s stock valued at $6,935,00Zero after buying a further 5,818 shares throughout the interval. Lastly, Pacer Advisors Inc. acquired a brand new stake in shares of Casey’s General Shops throughout the third quarter worth $1,586,000. Hedge funds and different institutional buyers personal 83.47% of the corporate’s stock.
A number of analysts have issued reviews on the stock. Stephens raised shares of Casey’s General Shops from an “equal weight” ranking to an “chubby” ranking and upped their price goal for the stock from $172.00 to $210.00 in a analysis report on Thursday, September 10th. Deutsche Bank Aktiengesellschaft raised their goal price on shares of Casey’s General Shops from $195.00 to $218.00 and gave the corporate a “purchase” ranking in a analysis word on Tuesday, November 10th. JPMorgan Chase & Co. reduce Casey’s General Shops from a “impartial” ranking to an “underweight” ranking and lifted their price goal for the stock from $168.00 to $171.00 in a report on Monday, September 14th. They famous that the transfer was a valuation name. BMO Capital Markets upped their price goal on Casey’s General Shops from $165.00 to $170.00 and gave the corporate a “market carry out” ranking in a analysis word on Thursday, September 10th. They famous that the transfer was a valuation name. Lastly, Zacks Funding Analysis downgraded Casey’s General Shops from a “strong-buy” ranking to a “maintain” ranking and set a $185.00 goal price for the corporate. in a analysis word on Wednesday, November 4th. One funding analyst has rated the stock with a promote ranking, 5 have issued a maintain ranking and 6 have assigned a purchase ranking to the stock. The corporate has a consensus ranking of “Maintain” and a consensus goal price of $199.20.
NASDAQ:CASY opened at $179.00 on Friday. The stock has a 50 day easy transferring common of $181.85 and a 200 day easy transferring common of $167.57. The stock has a market cap of $6.61 billion, a P/E ratio of 22.29 and a beta of 0.89. Casey’s General Shops has a 1-year low of $114.01 and a 1-year excessive of $196.57. The corporate has a present ratio of 1.05, a fast ratio of 0.60 and a debt-to-equity ratio of 0.73.
Casey’s General Shops (NASDAQ:CASY) final posted its quarterly earnings knowledge on Tuesday, September eighth. The corporate reported $3.24 earnings per share for the quarter, topping the consensus estimate of $2.06 by $1.18. The agency had income of $2.11 billion for the quarter, in comparison with analysts’ expectations of $2.12 billion. Casey’s General Shops had a return on fairness of 18.25% and a web margin of three.45%. The corporate’s quarterly income was down 19.9% in comparison with the identical quarter final 12 months. Throughout the identical quarter final 12 months, the enterprise earned $2.31 EPS. As a bunch, sell-side analysts forecast that Casey’s General Shops will put up 7.79 EPS for the present 12 months.
The agency additionally lately disclosed a quarterly dividend, which was paid on Monday, November 16th. Shareholders of file on Monday, November 2nd had been paid a $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 0.72%. The ex-dividend date was Friday, October 30th. Casey’s General Shops’s dividend payout ratio (DPR) is 18.03%.
Casey’s General Shops Firm Profile
Casey’s General Shops, Inc, along with its subsidiaries, operates comfort shops below the Casey’s and Casey’s General Retailer names. The corporate’s shops provide a choice of meals, together with freshly ready meals, similar to pizza, donuts, and sandwiches; drinks, tobacco, and nicotine merchandise; well being and sweetness aids; automotive merchandise; and different nonfood gadgets.
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