Casey’s General Stores (NASDAQ:CASY) Downgraded by BidaskClub to Sell

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Casey’s General Stores stock has undergone multiple analysts rating changes in the recent past.  Casey’s General Stores Downgraded by BidaskClub on 6/30/2020. In a note to investors, the firm issued a new rating of Sell. The analysts previously had rating of Hold.

Shares of Casey’s General Stores traded no change $0.00 on Monday, reaching $148.39. 6 shares of the stock traded hands, compared to its average volume of 331034. Shares of Casey’s General Stores ended Monday on at $148.39. The firm’s 50 day moving average is $153.35 and its 200 day moving average is $159.75.Casey’s General Stores  has a 12 month low of #N/A and a 12 month high of $181.99. While on yearly highs and lows, Casey’s General Stores’s today has traded high as #N/A and has touched #N/A on the downward trend. See More Analyst Rating at: RATING

Casey’s General Stores Earnings and What to expect: 

Casey’s General Stores last released its quarterly earnings results on June 8th, 2020. The reported $1.67 earnings per share for the quarter, missing the consensus estimate of $1.79 by $0.12. The company earned $1.81 billion during the quarter, compared to the consensus estimate of $1.76 billion. Its revenue for the quarter was down 16.8% compared to the same quarter last year. Casey’s General Stores has generated $7.10 earnings per share over the last year and currently has a price-to-earnings ratio of 20.9. Casey’s General Stores has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Monday, September 14th, 2020 based off prior year’s report dates.

Earnings for Casey’s General Stores are expected to grow by 13.41% in the coming year, from $5.74 to $6.51 per share. The P/E ratio of Casey’s General Stores is 20.90, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.96. The P/E ratio of Casey’s General Stores is 20.90, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 33.91. Casey’s General Stores has a PEG Ratio of 2.99. PEG Ratios above 1 indicate that a company could be overvalued. Casey’s General Stores has a P/B Ratio of 3.32. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Latest Insiders Trading and Volume : 

  • Insider Ownership Percentage: 0.41%
  • On 3/18/2020 SVP Brian Joseph Johnson Sell 8,000 at average share price of $168.07 which equates to $1,344,560.00 in money value.
  • On 3/17/2020 CFO William J Walljasper Sell 2,000 at average price of  $163.99 with total value of : Not Data Available
  • On 9/23/2019 Director Allison M Wing Sell 554 at average price of  $165.91 with total value of : $91,914.14

Analyst at BidaskClub are also talking about :

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  • 6/30/2020 – VSE was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 6/30/2020 – Verisign was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.

Casey’s General Stores (NASDAQ:CASY) Moving Average Technical Analysis

5 day Moving Average is $147.86 And 5 day price change is -$3.87 (-2.54%)  with average volume for 5 day average is 331,060. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $156.22 and 20 day price change is -$12.91 (-8.00%) and average 20 day moving volume is 385,175. 50 day moving average is $153.35  and 50 day price change is -$5.55 ( -3.61%)  and with average volume for 50 days is : 307,186. 200 day moving average is $159.75  and 200 day price change is -$21.41 (-12.61%)  and with average volume for 200 days is : 338,974.

See More Analyst Rating at: RATING