Casey's General StoresCASY
Market Cap: $13.8B
About: Casey's General Stores Inc owns and operates over 2,500 convenience stores in multiple Midwestern states of the U.S. The stores provide self-service gasoline, grocery items, and processed foods such as pizza, donuts, and sandwiches. Casey's operates its own distribution centres, delivering its in-store products and fuel supplies. The company owns of its real estate, including nearly all of the stores, distribution centres, and some of its subsidiaries' facilities. More than half of the company's stores are located in areas with populations of fewer than 5,000 people.
Employees: 42,982
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
144% more first-time investments, than exits
New positions opened: 117 | Existing positions closed: 48
25% more funds holding in top 10
Funds holding in top 10: 8 [Q1] → 10 (+2) [Q2]
14% more capital invested
Capital invested by funds: $10.5B [Q1] → $12B (+$1.45B) [Q2]
12% more funds holding
Funds holding: 586 [Q1] → 655 (+69) [Q2]
1% more repeat investments, than reductions
Existing positions increased: 221 | Existing positions reduced: 218
4.14% less ownership
Funds ownership: 88.97% [Q1] → 84.83% (-4.14%) [Q2]
42% less call options, than puts
Call options by funds: $63.8M | Put options by funds: $110M
Research analyst outlook
18 Wall Street Analysts provided 1 year price targets over the past 3 months
18 analyst ratings
Wells Fargo Anthony Bonadio 56% 1-year accuracy 5 / 9 met price target | 14%upside $425 | Overweight Maintained | 6 Sept 2024 |
Benchmark John Lawrence 60% 1-year accuracy 21 / 35 met price target | 10%upside $410 | Buy Reiterated | 5 Sept 2024 |
RBC Capital Irene Nattel 0 / 0 met price target | 8%upside $403 | Sector Perform Maintained | 5 Sept 2024 |
JP Morgan John Royall 36% 1-year accuracy 4 / 11 met price target | 20%downside $300 | Neutral Maintained | 4 Sept 2024 |
Benchmark John Lawrence 60% 1-year accuracy 21 / 35 met price target | 10%upside $410 | Buy Reiterated | 3 Sept 2024 |
Financial journalist opinion
Based on 22 articles about CASY published over the past 30 days