Stock Updates

Is this Large Market Cap Stock target price reasonable for Casey’s General Stores, Inc. (NASDAQ:CASY)?

The company in question is,¬†Casey’s General Stores, Inc. (NASDAQ:CASY)¬†currently with a stock price of 116.18 (-0.83% today). The market cap for Casey’s General Stores, Inc. is 4643.83, and is in the sector Services, and Grocery Stores industry. The target price for Casey’s General Stores, Inc. is 136.77. Currently Casey’s General Stores, Inc. is trading with a P/E of 19.98, and a forward P/E of 18.3. Average volume for Casey’s General Stores, Inc. is 468.56 and so far today it is 129690.

Performance in the last year for Casey’s General Stores, Inc. has been 12.99%. For EPS growth, Casey’s General Stores, Inc. has seen a growth of 24.10%, and is looking to grow in the next year to 13.05%. More long term stats show that EPS growth has been 20.90% over the last five years and could be 13.93% for the next five years. Casey’s General Stores, Inc. has seen sales growth quarter over quarter at -3.80%, with EPS growth quarter over quarter at 8.40%. The 20-day simple moving average is -7.06%, with the 200-day simple moving average coming to -2.17%.

Since the IPO date for Casey’s General Stores, Inc. on the 10/20/1983, Casey’s General Stores, Inc. has seen performance year to date to be -2.19%. With Casey’s General Stores, Inc. trading at 116.18, the dividend yield is 0.82%, and the EPS is 5.86.

So could Casey’s General Stores, Inc., be undervalued? Well as said before P/E is 19.98. The PEG is 1.43, P/S is 0.66 and the P/B is at 3.99. The P/cash is 24.51, with P/free cash flow at 39.59.

Casey’s General Stores, Inc.¬†ability to deal with debt shows that the current ratio is 1, and the quick ratio is 0.5. This is with long term debt/equity at 0.76, and total debt/equity at 0.77.

In terms of margins, Casey’s General Stores, Inc. has a gross margin of 23.50%, an operating margin of 5.60% and a profit margin of 3.30%.Payout ratio for Casey’s General Stores, Inc. is 15.20%. Return on assets come to 8.50% with return on investment coming to 13.90%.

Insider ownership for Casey’s General Stores, Inc., is at 0.70% and institutional ownership comes to 86.70%. Outstanding shares are at 39.64. While shares float is 38.73. The float short is currently 5.98%, and short ratio is 4.95.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

About the author

Tony Dabbs

Leave a Comment