Casey’s General Stores, Inc. (CASY) Underpriced by 3.6%

Publicly-traded company Casey’s General Stores, Inc. (NASDAQ:CASY) had a closing price of $170.81 yesterday. Meanwhile, the average 12-month price target from Wall Street analysts is currently $177.27, this means that the stock is underpriced by 3.644%. In the past 52 weeks the company’s stock price has moved within the range of $116.23 to $173.31.

This particular stock’s 5-day moving average is 166.94, its 20-day moving average is 163.55 and its 100-day moving average is 162.92. Casey’s General Stores, Inc. (CASY) currently has 36783 shares outstanding, which means that its market capitalization is $6.28B.

The Details: Casey’s General Stores, Inc. (CASY) Financial Health

There are several indicators we can take into consideration when thinking about a stock’s financial health. For example, we can look at a company’s profit margin, which tells us how much of the company’s total sales revenue was kept in earnings. We calculate this figure by dividing net income by net sales revenue. CASY currently has a profit margin of 2.30%.

Looking at a company’s operating margin is also helpful. This number tells us how much profit is kept after considering depreciation and operating expenses. Casey’s General Stores, Inc. (CASY) has an operating margin of 3.60%.

Return on Assets, which is expressed as a percentage, tells us how well a public company is using its assets to turn a profit. The larger the percentage, the better it is At the moment, Casey’s General Stores, Inc. Return on Assets is 6.00%.

What Does Wall Street Say about Company?

When selecting potential stocks to buy, many investors want to find out what Wall Street professionals are thinking about the company beforehand – like what the average analyst rating is. At the moment, the average analyst rating for CASY is Hold. Out of 12 total analysts who were surveyed, 1 rated it a sell, 0 rated it a underweight, 0 rated it an overweight, 7 rated it hold, and 4 rated it a Buy.

Understanding Profitability at Casey’s General Stores, Inc. (CASY)

A good way of assessing a public company’s profitability is by looking at its Earnings per Share (EPS). In the most recent financial results released by Casey’s General Stores, Inc., for the quarter ending on 10/2019, the company posted EPS of 2.12. The average estimate of Wall Street analysts had projected 2.24.