Casey’s General Stores (NASDAQ:CASY) released its quarterly earnings data on Tuesday. The company reported $1.12 earnings per share for the quarter, beating analysts’ consensus estimates of $0.88 by $0.24, Briefing.com reports. The company had revenue of $2.38 billion for the quarter, compared to the consensus estimate of $2.17 billion. Casey’s General Stores had a return on equity of 18.65% and a net margin of 4.09%. The company’s quarterly revenue was up 31.2% on a year-over-year basis. During the same period in the previous year, the business earned $1.67 earnings per share.
NASDAQ:CASY opened at $214.76 on Wednesday. The stock’s fifty day moving average price is $220.38. Casey’s General Stores has a 52-week low of $142.34 and a 52-week high of $229.18. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.81 and a current ratio of 1.28. The firm has a market cap of $7.94 billion, a P/E ratio of 24.00 and a beta of 0.88.
CASY has been the topic of a number of recent research reports. Stephens lifted their price objective on Casey’s General Stores from $215.00 to $250.00 and gave the company an “overweight” rating in a report on Friday, June 4th. Deutsche Bank Aktiengesellschaft decreased their price objective on Casey’s General Stores from $220.00 to $217.00 in a report on Wednesday, March 10th. Finally, Raymond James reissued a “market perform” rating on shares of Casey’s General Stores in a report on Tuesday, April 13th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and six have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $212.10.
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; beverages, tobacco, and nicotine products; health and beauty aids; automotive products; and other nonfood items.
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.