Casey’s General Stores Inc (NASDAQ:CASY) VP William J. Walljasper sold 3,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 26th. The shares were sold at an average price of $126.05, for a total value of $378,150.00. Following the completion of the sale, the vice president now owns 24,785 shares in the company, valued at $3,124,149.25. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.
NASDAQ:CASY traded up $0.18 during trading hours on Friday, hitting $133.89. 289,651 shares of the stock were exchanged, compared to its average volume of 310,086. Casey’s General Stores Inc has a twelve month low of $90.42 and a twelve month high of $138.45. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.22 and a current ratio of 0.76. The company has a market cap of $4.90 billion, a price-to-earnings ratio of 35.14, a P/E/G ratio of 2.59 and a beta of 0.45.
Casey’s General Stores (NASDAQ:CASY) last posted its quarterly earnings data on Monday, March 11th. The company reported $1.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.95 by $0.18. Casey’s General Stores had a return on equity of 14.89% and a net margin of 2.14%. The firm had revenue of $2.05 billion for the quarter, compared to the consensus estimate of $2.20 billion. On average, equities analysts predict that Casey’s General Stores Inc will post 5.15 EPS for the current fiscal year.
Institutional investors have recently modified their holdings of the business. Enlightenment Research LLC bought a new stake in shares of Casey’s General Stores in the 4th quarter valued at $26,000. Mckinley Capital Management LLC Delaware bought a new stake in shares of Casey’s General Stores in the 4th quarter valued at $29,000. Valeo Financial Advisors LLC increased its position in shares of Casey’s General Stores by 2,500.0% in the 1st quarter. Valeo Financial Advisors LLC now owns 312 shares of the company’s stock valued at $40,000 after buying an additional 300 shares in the last quarter. Carroll Financial Associates Inc. bought a new stake in shares of Casey’s General Stores in the 1st quarter valued at $48,000. Finally, Benjamin F. Edwards & Company Inc. bought a new stake in shares of Casey’s General Stores in the 4th quarter valued at $150,000. Institutional investors own 89.24% of the company’s stock.
Several equities research analysts have recently weighed in on the company. Sidoti set a $138.00 price objective on Casey’s General Stores and gave the company a “hold” rating in a research note on Friday, February 15th. BidaskClub raised Casey’s General Stores from a “sell” rating to a “hold” rating in a report on Wednesday, February 20th. Zacks Investment Research downgraded Casey’s General Stores from a “buy” rating to a “hold” rating in a report on Wednesday, March 13th. Finally, Gabelli reissued a “buy” rating on shares of Casey’s General Stores in a report on Wednesday, March 13th. One analyst has rated the stock with a sell rating, five have given a hold rating and seven have issued a buy rating to the company. Casey’s General Stores currently has an average rating of “Hold” and a consensus price target of $136.44.
Casey’s General Stores Company Profile
Casey's General Stores, Inc, together with its subsidiaries, operates convenience stores under the Casey's and Casey's General Store names. The company's stores offer a selection of food, including freshly prepared foods, such as pizza, donuts, and sandwiches; beverage and tobacco products; health and beauty aids; automotive products; school supplies, housewares, and pet supplies; and other nonfood items.
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