Casey’s General Stores, Inc. (NASDAQ:CASY) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Casey’s General Stores, Inc. (NASDAQ:CASY) have been given a consensus recommendation of “Moderate Buy” by the fourteen research firms that are presently covering the stock, Marketbeat reports. Six research analysts have rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average 1 year price target among brokerages that have covered the stock in the last year is $698.20.

Several research firms have recently issued reports on CASY. Evercore set a $665.00 price objective on shares of Casey’s General Stores and gave the company an “outperform” rating in a report on Tuesday, February 24th. BMO Capital Markets reissued a “market perform” rating and set a $700.00 target price on shares of Casey’s General Stores in a report on Wednesday, March 4th. UBS Group set a $706.00 target price on Casey’s General Stores in a research report on Wednesday. The Goldman Sachs Group increased their price target on Casey’s General Stores from $530.00 to $605.00 and gave the company a “neutral” rating in a research note on Wednesday. Finally, Deutsche Bank Aktiengesellschaft set a $688.00 price target on Casey’s General Stores in a research report on Thursday, January 8th.

Trending Headlines about Casey’s General Stores

Here are the key news stories impacting Casey’s General Stores this week:

• Positive Sentiment: Company guidance lifted expectations — Casey’s outlined 18%–20% EBITDA growth while signaling continued expansion of prepared-foods offerings and its store base, supporting long-term same-store sales and margin improvement. Casey’s outlines 18%-20% EBITDA guidance
• Positive Sentiment: Wall Street is raising targets — multiple firms (Jefferies, Wells Fargo, Stephens, KeyCorp and others) have issued higher price targets or reiterated overweight/buy ratings, lifting consensus upside to around the high $600s / $700s area. This underpins longer-term investor interest. Analyst coverage and upgrades
• Positive Sentiment: BMO adjusted its valuation upward, citing strengthening sales trends—another institutional signal that estimates and models are firming. BMO Adjusts Casey’s Valuation
• Positive Sentiment: Quarterly earnings: EPS materially beat expectations, showing operating leverage, which supports medium-term earnings momentum despite mixed top-line dynamics. Earnings recap and context
• Neutral Sentiment: Small insider sale disclosed — Director/insider Katrina Lindsey sold 200 shares (~$136.6k). The sale reduces her stake modestly and looks like routine liquidity rather than a signal of material insider concern. Insider sale filing
• Neutral Sentiment: Short-interest data posted appears anomalous (reported as zero shares), so there is no clear short-pressure signal from the available reporting. Short interest note
• Negative Sentiment: Revenue missed consensus in the quarter (reported below estimates), which could fuel short-term profit-taking — investors weighing EPS beat versus softer revenue may be reducing exposures. Revenue vs. consensus

Casey’s General Stores Stock Performance

CASY stock opened at $660.87 on Friday. The company has a market capitalization of $24.43 billion, a P/E ratio of 37.94, a PEG ratio of 2.18 and a beta of 0.65. The company has a 50-day simple moving average of $643.76 and a 200 day simple moving average of $580.26. Casey’s General Stores has a fifty-two week low of $381.33 and a fifty-two week high of $696.66. The company has a quick ratio of 0.65, a current ratio of 1.04 and a debt-to-equity ratio of 0.61.

Casey’s General Stores (NASDAQ:CASY) last announced its earnings results on Monday, March 9th. The company reported $3.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.94 by $0.55. The firm had revenue of $3.92 billion during the quarter, compared to analyst estimates of $4.08 billion. Casey’s General Stores had a net margin of 3.83% and a return on equity of 17.56%. Casey’s General Stores’s revenue was up .3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.33 EPS. Sell-side analysts predict that Casey’s General Stores will post 13.94 earnings per share for the current fiscal year.

Casey’s General Stores Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, May 15th. Investors of record on Friday, May 1st will be issued a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend is Friday, May 1st. Casey’s General Stores’s payout ratio is presently 13.09%.

Insider Activity

In other news, insider Katrina S. Lindsey sold 200 shares of Casey’s General Stores stock in a transaction that occurred on Wednesday, March 11th. The shares were sold at an average price of $683.04, for a total value of $136,608.00. Following the transaction, the insider owned 4,039 shares of the company’s stock, valued at $2,758,798.56. The trade was a 4.72% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Moats Maria Castanon bought 300 shares of the company’s stock in a transaction that occurred on Monday, January 5th. The stock was acquired at an average price of $554.66 per share, for a total transaction of $166,398.00. Following the completion of the acquisition, the director directly owned 803 shares in the company, valued at approximately $445,391.98. This represents a 59.64% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 0.54% of the stock is currently owned by insiders.

Institutional Trading of Casey’s General Stores

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. NewEdge Advisors LLC grew its position in Casey’s General Stores by 6.4% in the first quarter. NewEdge Advisors LLC now owns 1,871 shares of the company’s stock worth $812,000 after buying an additional 113 shares during the last quarter. Geneos Wealth Management Inc. raised its position in shares of Casey’s General Stores by 129.6% during the first quarter. Geneos Wealth Management Inc. now owns 186 shares of the company’s stock worth $81,000 after purchasing an additional 105 shares during the period. Allworth Financial LP lifted its holdings in shares of Casey’s General Stores by 84.9% during the second quarter. Allworth Financial LP now owns 1,209 shares of the company’s stock valued at $617,000 after purchasing an additional 555 shares during the last quarter. Police & Firemen s Retirement System of New Jersey lifted its holdings in shares of Casey’s General Stores by 4.9% during the second quarter. Police & Firemen s Retirement System of New Jersey now owns 14,049 shares of the company’s stock valued at $7,169,000 after purchasing an additional 656 shares during the last quarter. Finally, Calamos Advisors LLC boosted its position in shares of Casey’s General Stores by 85.4% in the 2nd quarter. Calamos Advisors LLC now owns 2,191 shares of the company’s stock valued at $1,118,000 after purchasing an additional 1,009 shares during the period. 85.63% of the stock is owned by institutional investors and hedge funds.

Casey’s General Stores Company Profile

Casey’s General Stores, Inc (NASDAQ: CASY) is a U.S.-based convenience store chain that operates retail fuel stations and food-focused convenience outlets. Founded in 1959 in Boone, Iowa, the company has grown from a single neighborhood store into a regional operator known for combining traditional convenience retailing—fuel, packaged goods and tobacco—with a larger emphasis on fresh and prepared foods.

The company’s stores typically offer gasoline and diesel alongside a range of grocery essentials, grab-and-go items and made-to-order foodservice.