Caseys General Stores (CASY) Stock Surge Amid Robust Earnings Report

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Oct 28, 2024
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Caseys General Stores, Inc. (CASY, Financial) experienced a notable stock price increase of 2.27%. The stock was trading at $400.00 with a trading volume of 82,660 shares and a turnover rate of 0.23%. The price fluctuation for the day was recorded at 1.91%.

Recent financial reports show Casey's achieved a revenue of $4.098 billion, net profit of $180 million, and earnings per share of $4.86. The gross profit was reported at $861 million, and the company holds a price-to-earnings ratio of 29.11.

In terms of analyst ratings, 57% of participating firms recommend buying the stock, while 29% suggest holding, and 14% advise selling.

Within the retail sector, where Caseys General Stores operates, the overall decline was 0.16%. However, stocks like Zooz Power Ltd and Sportsman's Warehouse Holdings, Inc. registered significant gains. Other active stocks were Yoshitsu Co Ltd and Kohl's, with turnover rates of 3.00% and 2.70% respectively. Notably, Nuvve Holding Corp and Fitell Corporation showed high volatility with amplitude rates of 36.79% and 21.57%.

Caseys General Stores, Inc., headquartered in the Midwest, runs over 2,400 convenience stores across several states. These stores offer self-service gasoline, groceries, and prepared foods such as pizza, donuts, and sandwiches. The company manages its distribution centers to supply products and fuel efficiently. Most of its stores are located in areas with a population below 5,000, and Casey's owns nearly all its stores and facilities.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.