Caseys General Stores Stock Buy Hold or Sell Recommendation
| CASY Stock | USD 315.64 2.32 0.74% |
Given the investment horizon of 90 days and your slightly conservative level of risk, our recommendation regarding Caseys General Stores is 'Hold'. Macroaxis provides Caseys General buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding CASY positions. The advice algorithm takes into account all of Caseys General's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Caseys General's buy or sell advice are summarized below:
Real Value 266.49 | Target Price 299.4 | Hype Value 316.33 | Market Value 315.64 | Naive Value 314.98 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Caseys General Stores given historical horizon and risk tolerance towards Caseys General. When Macroaxis issues a 'buy' or 'sell' recommendation for Caseys General Stores, the advice is generated through an automated system that utilizes algorithms and statistical models.
Caseys |
Execute Caseys General Buy or Sell Advice
The Caseys recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Caseys General Stores. Macroaxis does not own or have any residual interests in Caseys General Stores or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Caseys General's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Caseys General Trading Alerts and Improvement Suggestions
| 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. | |
| Caseys General has a frail financial position based on the latest SEC disclosures | |
| Over 88.0% of Caseys General shares are held by institutions such as insurance companies | |
| Latest headline from benzinga.com: Jim Cramer Says This Energy Stock Is Terrific, Calls Caseys General Stores A Winner |
Caseys General Returns Distribution Density
The distribution of Caseys General's historical returns is an attempt to chart the uncertainty of Caseys General's future price movements. The chart of the probability distribution of Caseys General daily returns describes the distribution of returns around its average expected value. We use Caseys General Stores price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Caseys General returns is essential to provide solid investment advice for Caseys General.
| Mean Return | 0.16 | Value At Risk | -1.58 | Potential Upside | 2.23 | Standard Deviation | 1.51 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Caseys General historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Caseys Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Caseys General is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Caseys General Stores backward and forwards among themselves. Caseys General's institutional investor refers to the entity that pools money to purchase Caseys General's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Jpmorgan Chase & Co | 2023-12-31 | 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 Lutherans | 2023-12-31 | 429.4 K | Macquarie Group Ltd | 2023-12-31 | 427.4 K | Norges Bank | 2023-12-31 | 421.5 K | Bank Of New York Mellon Corp | 2023-12-31 | 386.6 K | Copeland Capital Management, Llc | 2023-12-31 | 308.6 K | Acadian Asset Management Llc | 2023-12-31 | 304.3 K | Vanguard Group Inc | 2023-12-31 | 3.8 M | Blackrock Inc | 2023-12-31 | 3.3 M |
Caseys General Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 37.7M | (50.3M) | (76.7M) | 24.1M | 21.7M | 22.8M | |
| Change In Cash | 15.0M | 258.3M | (177.7M) | 220.0M | 253.0M | 265.6M | |
| Free Cash Flow | 65.3M | 362.8M | 462.3M | 405.4M | 466.2M | 489.5M | |
| Depreciation | 251.2M | 265.2M | 303.5M | 313.1M | 360.1M | 378.1M | |
| Other Non Cash Items | 3.5M | 11.3M | 1.3M | 8.7M | 10.0M | 10.5M | |
| Capital Expenditures | 439.0M | 441.3M | 326.5M | 476.6M | 548.1M | 575.5M | |
| Net Income | 263.8M | 312.9M | 339.8M | 446.7M | 513.7M | 539.4M | |
| End Period Cash Flow | 78.3M | 336.5M | 158.9M | 378.9M | 435.7M | 457.5M | |
| Dividends Paid | 46.0M | 48.0M | 51.2M | 55.6M | 64.0M | 67.2M | |
| Change To Netincome | 62.5M | 45.8M | 119.5M | 81.6M | 93.8M | 50.0M | |
| Change Receivables | (10.6M) | (26.3M) | (33.0M) | (12.5M) | (11.3M) | (11.8M) | |
| Net Borrowings | 27.5M | (41.7M) | 261.5M | (44.9M) | (40.4M) | (38.4M) | |
| Investments | (466.6M) | (444.3M) | (1.2B) | (545.0M) | (490.5M) | (515.1M) |
Caseys General Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Caseys General or Consumer Staples Distribution & Retail sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Caseys General's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Caseys stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.08 | |
β | Beta against NYSE Composite | 0.94 | |
σ | Overall volatility | 1.50 | |
Ir | Information ratio | 0.05 |
Caseys General Volatility Alert
Caseys General Stores has relatively low volatility with skewness of -1.48 and kurtosis of 7.61. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Caseys General's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Caseys General's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Caseys General Fundamentals Vs Peers
Comparing Caseys General's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Caseys General's direct or indirect competition across all of the common fundamentals between Caseys General and the related equities. This way, we can detect undervalued stocks with similar characteristics as Caseys General or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Caseys General's fundamental indicators could also be used in its relative valuation, which is a method of valuing Caseys General by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Caseys General to competition |
| Fundamentals | Caseys General | Peer Average |
| Return On Equity | 0.17 | -0.31 |
| Return On Asset | 0.0707 | -0.14 |
| Profit Margin | 0.03 % | (1.27) % |
| Operating Margin | 0.04 % | (5.51) % |
| Current Valuation | 13.14 B | 16.62 B |
| Shares Outstanding | 37.02 M | 571.82 M |
| Shares Owned By Insiders | 0.49 % | 10.09 % |
| Shares Owned By Institutions | 88.45 % | 39.21 % |
| Number Of Shares Shorted | 776.92 K | 4.71 M |
| Price To Earning | 24.15 X | 28.72 X |
| Price To Book | 3.89 X | 9.51 X |
| Price To Sales | 0.79 X | 11.42 X |
| Revenue | 15.09 B | 9.43 B |
| Gross Profit | 3.07 B | 27.38 B |
| EBITDA | 952.46 M | 3.9 B |
| Net Income | 446.69 M | 570.98 M |
| Cash And Equivalents | 312.36 M | 2.7 B |
| Cash Per Share | 8.38 X | 5.01 X |
| Total Debt | 1.67 B | 5.32 B |
| Debt To Equity | 0.70 % | 48.70 % |
| Current Ratio | 0.96 X | 2.16 X |
| Book Value Per Share | 79.54 X | 1.93 K |
| Cash Flow From Operations | 881.95 M | 971.22 M |
| Short Ratio | 2.39 X | 4.00 X |
| Earnings Per Share | 12.59 X | 3.12 X |
| Price To Earnings To Growth | 2.11 X | 4.89 X |
| Target Price | 332.94 | |
| Number Of Employees | 20.29 K | 18.84 K |
| Beta | 0.83 | -0.15 |
| Market Capitalization | 11.68 B | 19.03 B |
| Total Asset | 5.94 B | 29.47 B |
| Retained Earnings | 2.55 B | 9.33 B |
| Working Capital | (6.17 M) | 1.48 B |
Note: Acquisition by Darren Rebelez of 7265 shares of Caseys General subject to Rule 16b-3 [view details]
Caseys General Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Caseys . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Caseys General Buy or Sell Advice
When is the right time to buy or sell Caseys General Stores? Buying financial instruments such as Caseys Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 1.7B | 1.7B | 1.9B | 2.0B | Total Assets | 5.5B | 5.9B | 6.8B | 7.2B |
Use Investing Ideas to Build Portfolios
In addition to having Caseys General in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out Caseys General Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
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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 12.59 | 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.