Home Sectors Consumer Defensive Current Valuation: Caseys General Stores (NASDAQ: CASY)

Current Valuation: Caseys General Stores (NASDAQ: CASY)

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Caseys General Stores is part of the consumer defensive sector and is part of the retail defensive industry. The company CEO is Terry W. Handley. Casey’s General Stores Inc operates convenience stores under the Caseys General Store name in the United States. It provides self-service gasoline, grocery items, and processed foods such as pizza, donuts, and sandwiches.

Previous Intraday Trading Performance:

The CASY stock showed a previous change of -0.64% with an open at 134.47 and a close of 133.04. It reached an intraday high of 134.96 and a low of 132.23.

SeekingAlpha:  Caseys General Stores among after hour gainers

Liquidity:

The stock has a market cap of $4.9b with 36.6m shares outstanding, of which the float is 33.6m shares. Trading volume reached 435,405 shares compared to its average volume of 261,903 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, Caseys General Stores shares returned 1.09% and in the past 30 trading days it returned 1.34%. Over three months, it changed 1.56%. In one year it has changed 39.35% and within that year its 52-week high was 138.45 and its 52-week low was 90.42. CASY stock is 47.14% above its 52 Week Low.

Our calculations show a 200 day moving average of 128.10 and a 50 day moving average of 131.59. Currently CASY stock is trading 3.86% above its 200 day moving average and may be a good opportunity to buy.

SeekingAlpha:  Casey’s General Stores +1% after earnings topper

Earnings:

The last annual fiscal EPS for the company was reported at 8.36 that ended on 30th of April 2018, which according to the previous close, that is a PE of 15.91. Based on 6 analyst estimates, the consensus EPS for the next quarter is 1.68. The TTM EPS is 4.17, which comes to a TTM PE of 31.90. Historically, the PE high was 29.00 and the PE low was 15.91. If the stock reached its PE low, that would represent a price of 66.37, which is a decrease of -50.11%.

Below was the last reported quarterly diluted earnings per share:

Jan19 (Reported on 06/10/2019): 1.13
Oct18 (Reported on 03/11/2019): 1.80
Jul18 (Reported on 12/10/2018): 1.90
Apr18 (Reported on 09/10/2018): 0.51
Jan18 (Reported on 06/12/2018): 5.08

The dividend per share is currently 1.16, which is a dividend yield of 0.87%. Also, the payout ratio is 27.82%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 162.98, which means it is possibly undervalued and has a margin of safety of 18.37%.

Indicators to Watch:

The current calculated beta is 0.45.

Business Wire:  Casey’s Completes Strong 2019 with 33% Growth in 4th Quarter Diluted Earnings Per Share

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 15.13%, return on assets is 5.85%, profit margin is 2.78%, price-to-sales is 0.76 and price-to-book is 3.53.

Company Scores:

All scores are out of six:
 0  :Valuation Score
 2  :Past Performance Score
 3  :Financial Strength Score
 1  :Future Growth Score
 4  :Dividend Score
 2  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.

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