From what 15 stock analysts predict, the share price for Casey's General Stores Inc (CASY) might decrease by 2.71% in the next year. This is based on a 12-month average estimation for CASY. Price targets go from $285 to $470. The majority of stock analysts believe CASY is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 15 Wall Street analysts have assigned CASY 9 buy ratings, 4 hold ratings, and 2 sell ratings. This means that analysts expect Casey's General Stores Inc to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on CASY. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of CASY.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Krisztina Katai Deutsche Bank | Buy | $454 | Maintains | Nov 6, 2024 |
Chuck Grom Gordon Haskett | Hold | $400 | Initiates | Nov 4, 2024 |
Michael Montani Evercore ISI Group | Outperform | $440 | Maintains | Oct 16, 2024 |
Karen Short Melius Research | Buy | $435 | Initiates | Sep 23, 2024 |
John Royall JP Morgan | Underweight | $337 | Downgrade | Sep 19, 2024 |
John Lawrence Benchmark | Buy | $410 | Reiterates | Sep 10, 2024 |
Anthony Bonadio Wells Fargo | Overweight | $425 | Maintains | Sep 6, 2024 |
John Lawrence Benchmark | Buy | $410 | Reiterates | Sep 5, 2024 |
Irene Nattel RBC Capital | Sector Perform | $403 | Maintains | Sep 5, 2024 |
John Royall JP Morgan | Neutral | $300 | Maintains | Sep 4, 2024 |
John Lawrence Benchmark | Buy | $410 | Reiterates | Sep 3, 2024 |
Irene Nattel RBC Capital | Sector Perform | $393 | Reiterates | Jul 29, 2024 |
Michael Montani Evercore ISI Group | Outperform | $435 | Maintains | Jul 29, 2024 |
John Lawrence Benchmark | Buy | $410 | Reiterates | Jul 29, 2024 |
Krisztina Katai Deutsche Bank | Buy | $444 | Maintains | Jul 29, 2024 |
John Lawrence Benchmark | Buy | $410 | Reiterates | Jul 24, 2024 |
Michael Montani Evercore ISI Group | Outperform | $410 | Maintains | Jul 16, 2024 |
Charles Cerankosky Northcoast Research | Buy | $410 | Upgrade | Jul 11, 2024 |
Anthony Bonadio Wells Fargo | Overweight | $415 | Maintains | Jun 13, 2024 |
Krisztina Katai Deutsche Bank | Buy | $420 | Maintains | Jun 13, 2024 |
When did it IPO
1983
Staff Count
20,935
Country
United States
Sector/Industry
Consumer Cyclical/Specialty Retail
CEO
Mr. Darren M. Rebelez
Market Cap
$15.37B
In 2023, CASY generated $15.09B in revenue, which was a increase of 16.54% from the previous year. This can be seen as a signal that CASY's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Analysts are assessing Casey's (CASY) performance for Q4 2024 beyond just revenue and earnings, focusing on key metrics for deeper insights into the business's performance.
Why It Matters - Evaluating Casey's key metrics provides insights into operational efficiency and growth potential, influencing future stock performance and investment decisions.
Summary - Casey's (CASY) is expected to report earnings that may exceed forecasts, due to strong performance indicators. Investors should stay updated on key expectations for the upcoming report.
Why It Matters - Casey's potential earnings beat signals strong financial performance, which could boost investor confidence and drive stock prices higher in anticipation of positive results.
Summary - Zacks Style Scores can help investors identify strong, market-beating stocks for their portfolios.
Why It Matters - The Zacks Style Scores can help identify high-potential stocks, guiding investors towards better portfolio performance and potentially higher returns.
Summary - The Zacks Premium portfolio service offers a Focus List to help investors identify strong stocks with a positive earnings outlook that may outperform the market.
Why It Matters - The Focus List highlights stocks with strong earnings potential, aiding investors in identifying opportunities for above-market returns, which can enhance portfolio performance.
Summary - Zacks Style Scores helps investors identify top-rated stocks aligned with their investment style, providing a tool for informed stock selection.
Why It Matters - Zacks Style Scores help identify high-potential stocks tailored to specific investing strategies, aiding in informed investment decisions and optimizing portfolio performance.
Summary - Casey's General Stores' stock rose 17.35% since September, outperforming the S&P 500. However, it's downgraded from buy to hold due to stretched valuation. Strong earnings and a solid balance sheet support future growth.
Why It Matters - Casey's strong stock growth and solid earnings highlight its market potential, but the downgrade signals caution on valuation. Future dividends and acquisitions could drive long-term value.