Caseys General Stores Stock Today

CASY Stock  USD 318.69  2.23  0.70%   

Performance

12 of 100

 
Low
 
High
Good

Odds Of Distress

Less than 8

 
100  
 
Zero
Low
Caseys General is trading at 318.69 as of the 28th of March 2024; that is 0.70 percent up since the beginning of the trading day. The stock's open price was 316.46. Caseys General has only a 8 % chance of going through financial distress over the next few years and had a good performance during the last 90 days. Equity ratings for Caseys General Stores are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Consumer Staples Distribution & Retail
IPO Date
20th of October 1983
Category
Consumer Cyclical
Classification
Consumer Staples
Caseys General Stores, Inc., together with its subsidiaries, operates convenience stores under the Caseys and Caseys General Store names. Caseys General Stores, Inc. was founded in 1959 and is headquartered in Ankeny, Iowa. Caseys General operates under Specialty Retail classification in the United States and is traded on NASDAQ Exchange. The company has 37.02 M outstanding shares of which 796.46 K shares are currently shorted by private and institutional investors with about 2.83 trading days to cover. More on Caseys General Stores

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Caseys Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Caseys General's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Caseys General or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
President CEO, DirectorDarren Rebelez
Business ConcentrationConsumer Staples Distribution & Retail, Consumer Cyclical, NASDAQ Composite, SP Midcap 400, NASDAQ Composite Total, Consumer Staples, Consumer Staples Distribution & Retail, Specialty Retail, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Analysts covering Caseys General report their recommendations after researching Caseys General's financial statements, talking to executives and customers, or listening in on Caseys General's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Caseys General Stores. The Caseys consensus assessment is calculated by taking the average forecast from all of the analysts covering Caseys General.
Financial Strength
Based on the analysis of Caseys General's profitability, liquidity, and operating efficiency, Caseys General Stores may be sliding down financialy. It has an above-average risk of going through some form of financial straits next quarter. Financial strength of Caseys General Stores is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.04980.0676
Way Down
Pretty Stable
Asset Turnover2.292.5398
Moderately Down
Slightly volatile
Gross Profit Margin0.210.23
Significantly Down
Slightly volatile
Net Debt1.6 B1.5 B
Sufficiently Up
Slightly volatile
Total Current Liabilities1.1 B1.1 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total2.8 B2.7 B
Sufficiently Up
Slightly volatile
Total Assets7.2 B6.8 B
Sufficiently Up
Slightly volatile
Total Current Assets1.1 B1.1 B
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities1.1 BB
Sufficiently Up
Slightly volatile
Caseys General's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Caseys General's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Caseys General's financial leverage. It provides some insight into what part of Caseys General's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Caseys General's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Caseys General deploys its capital and how much of that capital is borrowed.
Liquidity
Caseys General cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 1.67 B in liabilities with Debt to Equity (D/E) ratio of 0.7, which is about average as compared to similar companies. Caseys General Stores has a current ratio of 0.94, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Caseys General until it has trouble settling it off, either with new capital or with free cash flow. So, Caseys General's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Caseys General Stores sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Caseys to invest in growth at high rates of return. When we think about Caseys General's use of debt, we should always consider it together with cash and equity.

Net Income

539.38 Million
Caseys General Stores (CASY) is traded on NASDAQ Exchange in USA. It is located in One SE Convenience Boulevard, Ankeny, IA, United States, 50021 and employs 20,292 people. Caseys General is listed under Consumer Staples Distribution & Retail category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 11.71 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Caseys General's market, we take the total number of its shares issued and multiply it by Caseys General's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Caseys General Stores conducts business under Consumer Staples Distribution & Retail sector and is part of Consumer Staples industry. The entity has 37.02 M outstanding shares of which 796.46 K shares are currently shorted by private and institutional investors with about 2.83 trading days to cover. Caseys General Stores currently holds about 312.36 M in cash with 881.95 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.38.
Check Caseys General Probability Of Bankruptcy
Ownership Allocation
Caseys General Stores retains a total of 37.02 Million outstanding shares. The majority of Caseys General Stores outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Caseys General Stores to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Caseys General. Please pay attention to any change in the institutional holdings of Caseys General Stores as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Caseys Ownership Details

Caseys Stock Price Odds Analysis

Based on a normal probability distribution, the odds of Caseys General jumping above the current price in 90 days from now is about 1.97%. The Caseys General Stores probability density function shows the probability of Caseys General stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Caseys General has a beta of 0.9908 suggesting Caseys General Stores market returns are sensitive to returns on the market. As the market goes up or down, Caseys General is expected to follow. Additionally, caseys General Stores has an alpha of 0.1096, implying that it can generate a 0.11 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 318.69HorizonTargetOdds Above 318.69
98.00%90 days
 318.69 
1.97%
Based on a normal probability distribution, the odds of Caseys General to move above the current price in 90 days from now is about 1.97 (This Caseys General Stores probability density function shows the probability of Caseys Stock to fall within a particular range of prices over 90 days) .

Caseys Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Caseys General that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Caseys General's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Caseys General's value.
InstituionRecorded OnShares
Jpmorgan Chase & Co2023-12-31
503.1 K
Dimensional Fund Advisors, Inc.2023-12-31
467.1 K
Eagle Asset Management, Inc.2023-12-31
434.5 K
Thrivent Financial For Lutherans2023-12-31
429.4 K
Macquarie Group Ltd2023-12-31
427.4 K
Norges Bank2023-12-31
421.5 K
Bank Of New York Mellon Corp2023-12-31
386.6 K
Copeland Capital Management, Llc2023-12-31
308.6 K
Acadian Asset Management Llc2023-12-31
304.3 K
Vanguard Group Inc2023-12-31
3.8 M
Blackrock Inc2023-12-31
3.3 M
View Caseys General Diagnostics

Caseys General Historical Income Statement

Caseys General Stores Income Statement is one of the three primary financial statements used for reporting Caseys's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Caseys General Stores revenue and expense. Caseys General Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Caseys General's Total Operating Expenses is fairly stable compared to the past year. Income Before Tax is likely to rise to about 709.4 M in 2024, despite the fact that Total Other Income Expense Net is likely to grow to (44.3 M). View More Fundamentals

Caseys Stock Against Markets

Picking the right benchmark for Caseys General stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Caseys General stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Caseys General is critical whether you are bullish or bearish towards Caseys General Stores at a given time. Please also check how Caseys General's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Caseys General without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Caseys General Corporate Directors

Caseys General corporate directors refer to members of a Caseys General board of directors. The board of directors generally takes responsibility for the Caseys General's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Caseys General's board members must vote for the resolution. The Caseys General board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Larree RendaIndependent DirectorProfile
Donald FriesonIndependent DirectorProfile
William KimballLead Independent DirectorProfile
Richard WilkeyIndependent DirectorProfile

How to buy Caseys Stock?

Before investing in Caseys General, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Caseys General. To buy Caseys General stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Caseys General. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Caseys General stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Caseys General Stores stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Caseys General Stores stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Caseys General Stores, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Caseys Stock please use our How to Invest in Caseys General guide.

Already Invested in Caseys General Stores?

The danger of trading Caseys General Stores is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Caseys General is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Caseys General. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Caseys General Stores is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Caseys General Stores offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Caseys General's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Caseys General Stores Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Caseys General Stores Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Caseys General Stores. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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When running Caseys General's price analysis, check to measure Caseys General's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Caseys General is operating at the current time. Most of Caseys General's value examination focuses on studying past and present price action to predict the probability of Caseys General's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Caseys General's price. Additionally, you may evaluate how the addition of Caseys General to your portfolios can decrease your overall portfolio volatility.
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Is Caseys General's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Caseys General. If investors know Caseys will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Caseys General listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.13)
Dividend Share
1.67
Earnings Share
12.6
Revenue Per Share
391.946
Quarterly Revenue Growth
(0)
The market value of Caseys General Stores is measured differently than its book value, which is the value of Caseys that is recorded on the company's balance sheet. Investors also form their own opinion of Caseys General's value that differs from its market value or its book value, called intrinsic value, which is Caseys General's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Caseys General's market value can be influenced by many factors that don't directly affect Caseys General's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Caseys General's value and its price as these two are different measures arrived at by different means. Investors typically determine if Caseys General is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Caseys General's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.