Caseys Story

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CASY -- USA Stock  

USD 219.90  0.29  0.13%

It looks like Grocery Outlet will continue to recover much faster as its share price surged up 1.64% today to Caseys General's 3.1092%. As many rational traders are trying to avoid consumer defensive space, it makes sense to break down Caseys General Stor a little further and understand how it stands against Grocery Outlet and other similar entities. We are going to inspect some of the competitive aspects of both Caseys and Grocery.
Published over a month ago
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Will Grocery Outlet (NASDAQ:GO) and Caseys General (NASDAQ:CASY) deliver in April?
By analyzing existing basic indicators between Caseys General and Grocery, you can compare the effects of market volatilities on both companies' prices and check if they can diversify away market risk if combined in one of your portfolios. You can also utilize pair trading strategies for matching a long position in Grocery with a short position in Caseys General. Check out our pair correlation module for more information.

Let's begin by analyzing the assets.
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Caseys General has an asset utilization ratio of 269.64 percent. This suggests that the company is making $2.7 for each dollar of assets. An increasing asset utilization means that Caseys General Stor is more efficient with each dollar of assets it utilizes for everyday operations.
Out of tens of thousands of stocks, funds, and ETFs that trade on global exchanges each represent an individual company which you can analyze using comparative analysis. To determine which one of the two companies, such as Caseys or Grocery is a better fit for your portfolio, analyzing a few basic fundamental indicators is a good first step.

UNDERSTANDING Caseys General dividends

A dividend is the distribution of a portion of Caseys General earnings, decided and managed by the company's board of directors and paid to a class of its shareholders. Note, announcements of dividend payouts are generally accompanied by a proportional increase or decrease in a company's stock price. Caseys General dividend payments follow a chronological order of events, and the associated dates are important to determine the shareholders who qualify for receiving the dividend payment. Caseys one year expected dividend income is about $0.63 per share.
Dividend Yield is likely to rise to 0.007962 in 2021, whereas Payment of Dividends and Other Cash Distributions is likely to drop (44.6 M) in 2021.
Last ReportedProjected for 2021
Payment of Dividends and Other Cash Distributions-41.4 M-44.6 M
Dividend Yield 0.0072  0.007962 
Dividends per Basic Common Share 1.47  1.24 
Investing in dividend-paying stocks, such as Caseys General Stor is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in Caseys General must own a stock before its ex-dividend date to receive its next dividend.
This type of analysis is very useful when you want to generate a past dividend schedule and payout information for Caseys General. Then that information in the form of graph and calendar can be used to fully explain how Du Pont dividends can provide a real clue to its valuation.

How important is Caseys General's Liquidity

Caseys General financial leverage refers to using borrowed capital as a funding source to finance Caseys General Stor ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Caseys General financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Caseys General's total debt and its cash.

Correlation Between Caseys and Grocery Outlet Holding

In general, stock analysis is a method for investors and traders to make individual buying and selling decisions. Stock correlation analysis is also essential because it can help investors realize that they may not be as diversified as they think. Risk management strategies are usually required to make sure all portfolios are properly aligned against their risk tolerance level. You can consider holding Caseys General together with similar or unrelated positions with a negative correlation. For example, you can also add Grocery Outlet to your portfolio. If Grocery Outlet is not perfectly correlated to Caseys General it will diversify some of the market risks out of the positively correlated stocks in your portfolio. However, the disadvantage of this sort of hedging is that it can potentially affect your investment returns throughout market cycles. When Caseys General for example, for example, performs excellent and delivers stable returns, the negatively correlated position you locked in as a hedge may drag your returns down.
Please check pair correlation details between CASY and GO for more information.

Caseys General exotic insider transaction detected

Legal trades by Caseys General insiders are very common, as founders, directors, or employees of any publicly traded firm often have stock or stock options. These trades are made public in the United States through the filing of Form 4 of the Securities and Exchange Commission. Below entry was recorded recently and is publicly available as an insider trade:
Caseys insider trading alert for general transaction of restricted stock units by Darren Rebelez, President and CEO, on 19th of January 2021. This event was filed by Caseys General Stores Inc with SEC on 2021-01-19. Statement of changes in beneficial ownership - SEC Form 4 [view details]   
Note, although insider trading is legal, in the United States, Canada, Australia, and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors, and any beneficial owners of more than 10% of a class of the company's equity securities.

Another Deeper Perspective

Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include product or services discounts, promotions, as well as early payments on invoices or services rendered in advance.

Revenue Breakdown

Let me now analyze Caseys General revenue. Based on the latest financial disclosure, Caseys General Stor reported 7.35 B of revenue. This is 50.52% lower than that of the Consumer Defensive sector and 75.41% lower than that of the Grocery Stores industry. The revenue for all United States stocks is 22.1% higher than that of the entity. As for Grocery Outlet we see revenue of 3.13 B, which is 89.53% lower than that of the Grocery Stores

Caseys7.35 Billion
Sector9.43 Billion
Grocery3.13 Billion
7.3 B
9.4 B
3.1 B

Caseys General implied volatility may change after the rise

Caseys General current potential upside rises over 3.02. Caseys General Stor has relatively low volatility with skewness of -0.37 and kurtosis of 0.99. However, we advise all investors to independently investigate Caseys General Stor to ensure all accessible information is consistent with the expectations about its upside potential and future expected returns. 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 bullying 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 stocks as prices fall.

Our Final Take On Caseys General

While some firms within the grocery stores industry are still a little expensive, even after the recent corrections, Caseys General may offer a potential longer-term growth to investors. While some investors may not share our view, we believe it may be a good time to increase your existing holdings in Caseys. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Caseys General.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of Caseys General Stor. Please refer to our Terms of Use for any information regarding our disclosure principles.

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