Caseys General Stores (NASDAQ:CASY) released its earnings results on Monday. The company reported $1.28 EPS for the quarter, missing the consensus estimate of $1.40 by ($0.12), Briefing.com reports. Caseys General Stores had a net margin of 2.19% and a return on equity of 13.99%. The business had revenue of $2.15 billion for the quarter, compared to analyst estimates of $2.17 billion. During the same period in the prior year, the company earned $1.44 earnings per share. The firm’s revenue for the quarter was up 12.2% on a year-over-year basis.

Caseys General Stores (NASDAQ CASY) opened at $121.25 on Tuesday. The firm has a market cap of $4,729.94, a P/E ratio of 29.44, a price-to-earnings-growth ratio of 2.65 and a beta of 0.46. The company has a debt-to-equity ratio of 0.91, a current ratio of 0.99 and a quick ratio of 0.48. Caseys General Stores has a 12 month low of $99.76 and a 12 month high of $126.49.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 15th. Shareholders of record on Thursday, February 1st will be paid a $0.26 dividend. This represents a $1.04 annualized dividend and a yield of 0.86%. Caseys General Stores’s dividend payout ratio is presently 24.53%.

Several equities research analysts recently commented on the stock. Jefferies Group restated a “buy” rating and issued a $134.00 price target (down previously from $139.00) on shares of Caseys General Stores in a research report on Thursday, August 31st. Zacks Investment Research upgraded shares of Caseys General Stores from a “sell” rating to a “hold” rating in a research report on Thursday, September 7th. Raymond James Financial restated a “buy” rating on shares of Caseys General Stores in a research report on Wednesday, December 6th. Royal Bank of Canada restated a “hold” rating on shares of Caseys General Stores in a research report on Friday. Finally, BidaskClub downgraded shares of Caseys General Stores from a “hold” rating to a “sell” rating in a research report on Thursday, August 17th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $115.29.

In other Caseys General Stores news, SVP Brian Joseph Johnson sold 1,000 shares of the company’s stock in a transaction that occurred on Friday, September 22nd. The shares were sold at an average price of $108.01, for a total value of $108,010.00. Following the transaction, the senior vice president now owns 8,229 shares in the company, valued at approximately $888,814.29. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 1.30% of the stock is currently owned by corporate insiders.

COPYRIGHT VIOLATION WARNING: “Caseys General Stores (CASY) Issues Quarterly Earnings Results, Misses Expectations By $0.12 EPS” was originally reported by Watch List News and is the sole property of of Watch List News. If you are accessing this story on another domain, it was illegally stolen and reposted in violation of United States and international trademark and copyright legislation. The original version of this story can be accessed at https://www.watchlistnews.com/caseys-general-stores-casy-issues-quarterly-earnings-results-misses-expectations-by-0-12-eps/1759103.html.

About Caseys General Stores

Casey’s General Stores, Inc and its subsidiaries, operate convenience stores under the name Casey’s General Store in approximately 10 Midwestern states, in Iowa, Missouri, and Illinois. The Company also operates approximately two stores selling primarily tobacco products. The stores carry a range of food, including freshly prepared foods such as pizza, donuts, and sandwiches, beverages, tobacco products, health and beauty aids, automotive products and other nonfood items.

Earnings History for Caseys General Stores (NASDAQ:CASY)

Receive News & Ratings for Caseys General Stores Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Caseys General Stores Inc. and related companies with MarketBeat.com's FREE daily email newsletter.