1 week Ago By ABMN Staff
Casey’s General Stores, Inc. ( NASDAQ:CASY – Get Free Report ) insider Katrina S. Lindsey sold 250 shares of the stock in a transaction that occurred on Friday, April 4th.
The stock was sold at an average price of $437.01, for a total transaction of $109,252.50.
Following the transaction, the insider now directly owns 2,443 shares in the company, valued at approximately $1,067,615.43. This represents a 9.
28 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink . Casey’s General Stores Stock Performance Casey’s General Stores stock opened at $416.
49 on Wednesday. Casey’s General Stores, Inc. has a 12-month low of $306.
45 and a 12-month high of $458.92. The company has a debt-to-equity ratio of 0.
74, a current ratio of 0.88 and a quick ratio of 0.49.
The company has a market capitalization of $15.46 billion, a price-to-earnings ratio of 29.02, a price-to-earnings-growth ratio of 2.
40 and a beta of 0.74. The firm’s fifty day moving average price is $416.
65 and its 200 day moving average price is $406.03. Casey’s General Stores ( NASDAQ:CASY – Get Free Report ) last announced its earnings results on Tuesday, March 11th.
The company reported $2.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.76 by $0.
57. The business had revenue of $3.90 billion for the quarter, compared to analyst estimates of $3.
74 billion. Casey’s General Stores had a return on equity of 17.17% and a net margin of 3.
57%. The company’s revenue for the quarter was up 17.2% compared to the same quarter last year.
During the same period in the previous year, the company earned $2.33 earnings per share. On average, research analysts forecast that Casey’s General Stores, Inc.
will post 13.94 EPS for the current fiscal year. Casey’s General Stores Dividend Announcement Institutional Trading of Casey’s General Stores A number of hedge funds and other institutional investors have recently made changes to their positions in CASY.
Vanguard Group Inc. grew its holdings in Casey’s General Stores by 1.2% during the 4th quarter.
Vanguard Group Inc. now owns 3,799,104 shares of the company’s stock worth $1,505,319,000 after acquiring an additional 44,295 shares in the last quarter. T.
Rowe Price Investment Management Inc. lifted its position in shares of Casey’s General Stores by 1.8% during the fourth quarter.
T. Rowe Price Investment Management Inc. now owns 1,776,323 shares of the company’s stock worth $703,833,000 after purchasing an additional 31,131 shares during the last quarter.
JPMorgan Chase & Co. grew its stake in Casey’s General Stores by 18.7% in the third quarter.
JPMorgan Chase & Co. now owns 758,804 shares of the company’s stock worth $285,090,000 after purchasing an additional 119,350 shares in the last quarter. Franklin Resources Inc.
increased its holdings in Casey’s General Stores by 29.5% in the fourth quarter. Franklin Resources Inc.
now owns 678,778 shares of the company’s stock valued at $268,952,000 after buying an additional 154,541 shares during the last quarter. Finally, Geode Capital Management LLC raised its stake in Casey’s General Stores by 1.3% during the third quarter.
Geode Capital Management LLC now owns 655,488 shares of the company’s stock valued at $246,335,000 after buying an additional 8,428 shares in the last quarter. Institutional investors own 85.63% of the company’s stock.
Wall Street Analyst Weigh In A number of research firms have issued reports on CASY. Royal Bank of Canada set a $438.00 price target on Casey’s General Stores and gave the company a “sector perform” rating in a research report on Wednesday, March 12th.
BMO Capital Markets reiterated a “market perform” rating and set a $450.00 target price (up previously from $400.00) on shares of Casey’s General Stores in a report on Wednesday, December 18th.
Gordon Haskett raised shares of Casey’s General Stores from a “hold” rating to a “buy” rating in a research report on Thursday, February 13th. Evercore ISI lifted their price target on shares of Casey’s General Stores from $450.00 to $460.
00 and gave the company an “outperform” rating in a research report on Tuesday, April 1st. Finally, StockNews.com lowered shares of Casey’s General Stores from a “buy” rating to a “hold” rating in a research report on Saturday, March 8th.
One research analyst has rated the stock with a sell rating, three have assigned a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $424.
00. View Our Latest Research Report on Casey’s General Stores Casey’s General Stores Company Profile ( Get Free Report ) Casey’s General Stores, Inc engages in the provision of management and operation of convenience stores and gasoline stations. It provides self-service gasoline, a wide selection of grocery items, and an array of freshly prepared food items.
The firm offers food, beverages, tobacco products, health and beauty aids, automotive products, and other non-food items. See Also Receive News & Ratings for Casey's General Stores Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Casey's General Stores and related companies with MarketBeat.com's FREE daily email newsletter .
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