News coverage about Caseys General Stores (NASDAQ:CASY) has trended somewhat positive recently, according to Accern Sentiment. The research firm identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Caseys General Stores earned a media sentiment score of 0.08 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 46.3808126062334 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Caseys General Stores (NASDAQ CASY) traded down $0.04 on Friday, hitting $119.26. 132,649 shares of the company were exchanged, compared to its average volume of 486,634. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.48 and a current ratio of 0.99. The stock has a market capitalization of $4,521.12, a P/E ratio of 28.14, a price-to-earnings-growth ratio of 2.56 and a beta of 0.45. Caseys General Stores has a one year low of $99.76 and a one year high of $126.49.
Caseys General Stores (NASDAQ:CASY) last posted its quarterly earnings data on Tuesday, September 5th. The company reported $1.46 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.46. The company had revenue of $2.09 billion for the quarter, compared to the consensus estimate of $2.16 billion. Caseys General Stores had a net margin of 2.19% and a return on equity of 13.99%. The firm’s revenue was up 6.3% compared to the same quarter last year. During the same quarter last year, the firm posted $1.70 earnings per share. research analysts predict that Caseys General Stores will post 4.31 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 15th. Investors of record on Wednesday, November 1st were issued a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.87%. The ex-dividend date of this dividend was Tuesday, October 31st. Caseys General Stores’s payout ratio is 24.53%.
A number of analysts have recently issued reports on the stock. Royal Bank Of Canada set a $118.00 price target on shares of Caseys General Stores and gave the company a “hold” rating in a report on Sunday, August 13th. Zacks Investment Research raised shares of Caseys General Stores from a “sell” rating to a “hold” rating in a report on Friday, August 4th. BidaskClub downgraded shares of Caseys General Stores from a “hold” rating to a “sell” rating in a report on Thursday, August 17th. Finally, Jefferies Group LLC set a $139.00 price target on shares of Caseys General Stores and gave the company a “buy” rating in a report on Friday, August 25th. One analyst has rated the stock with a sell rating, seven have issued a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Caseys General Stores has a consensus rating of “Hold” and a consensus price target of $115.29.
In related news, SVP Brian Joseph Johnson sold 1,000 shares of the firm’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 transaction, the senior vice president now owns 8,229 shares of the company’s stock, valued at $888,814.29. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 1.30% of the company’s stock.
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Caseys General Stores Company Profile
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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