Casey's General Stores
CASY

$391.16

4.93%

Market Cap: 14.5B

About: Casey's General Stores Inc owns and operates convenience stores predominantly under the names Casey's and Casey's General Store in multiple Midwestern states of the U.S. The stores provide food items, beverages, tobacco and nicotine products, health and beauty aids, automotive products, and other non-food items. Casey's operates its distribution centers, delivering its in-store products and fuel supplies. The company owns its real estate, including nearly all of its stores, distribution centers, and some of its subsidiary's facilities.

Employees: 45,359

Consumer Discretionary Auto Dealers & Gasoline Stations

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 20 analysts

0

News positive %

of 10 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

24% more first-time investments, than exits

New positions opened: 97 | Existing positions closed: 78

15% more capital invested

Capital invested by funds: $8.7B [Q4 2023] → $10B (+$1.35B) [Q1 2024]

14% more funds holding in top 10

Funds holding in top 10: 7 [Q4 2023] → 8 (+1) [Q1 2024]

3% more funds holding

Funds holding: 559 [Q4 2023] → 578 (+19) [Q1 2024]

0.07% less ownership

Funds ownership: 85.19% [Q4 2023] → 85.11% (-0.07%) [Q1 2024]

7% less repeat investments, than reductions

Existing positions increased: 191 | Existing positions reduced: 205

32% less call options, than puts

Call options by funds: $32.1M | Put options by funds: $47.1M

See Fund Rankings

Research analyst outlook

20 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$305

22%

downside

Avg. target

$368

6%

downside

High target

$445

14%

upside

20 analyst ratings

16 positive

80%

4 neutral

20%

0 negative

0%

Benchmark John Lawrence	5%upside $410	Buy Reiterated	24 Jul 2024
Evercore ISI Group Michael Montani	5%upside $410	Outperform Maintained	16 Jul 2024
Northcoast Research Charles Cerankosky	5%upside $410	Buy Upgraded	11 Jul 2024
Wells Fargo Anthony Bonadio	6%upside $415	Overweight Maintained	13 Jun 2024
BMO Capital Kelly Bania	2%upside $400	Market Perform Maintained	13 Jun 2024

See Analyst Rankings

Financial journalist opinion

Based on 10 articles about CASY published over the past 30 days

Casey's Expands in Texas With $1.2 Billion All-Cash Deal. The Stock Jumps.

The acquisition of Fikes Wholesale includes 198 stores and a dealer network. Fikes operates Cefco convenience stores.

Casey's Expands in Texas With $1.2 Billion All-Cash Deal. The Stock Jumps.

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Casey's Announces Agreement to Acquire 198 CEFCO Convenience Stores

ANKENY, Iowa--(BUSINESS WIRE)--Casey's General Stores, Inc. (“Casey's” or the “Company”) (Nasdaq: CASY), one of the leading convenience store chains in the United States, today announced an agreement to acquire Fikes Wholesale, Inc. (“Fikes”), owner of CEFCO Convenience Stores (“CEFCO”), in an all-cash transaction for $1.145 billion. The purchase price includes tax benefits valued at approximately $165 million for a net after-tax purchase price of $980 million. Fikes Wholesale, Inc. and CEFCO C.

Casey's Announces Agreement to Acquire 198 CEFCO Convenience Stores

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Zacks Investment Research

Why Casey's General Stores (CASY) is a Top Value Stock for the Long-Term

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

Why Casey's General Stores (CASY) is a Top Value Stock for the Long-Term

Zacks Investment Research

Why Casey's General Stores (CASY) is a Top Stock for the Long-Term

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Why Casey's General Stores (CASY) is a Top Stock for the Long-Term

Zacks Investment Research

Why Casey's General Stores (CASY) is a Top Growth Stock for the Long-Term

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

Why Casey's General Stores (CASY) is a Top Growth Stock for the Long-Term

Zacks Investment Research

Here's Why Casey's General Stores (CASY) is a Strong Momentum Stock

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

Here's Why Casey's General Stores (CASY) is a Strong Momentum Stock

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