Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Caseys General Stores Inc before investing.

In this article, we go over a few key elements for understanding Caseys General Stores Inc’s stock price such as:

• Caseys General Stores Inc’s current stock price and volume
• Why Caseys General Stores Inc’s stock price changed recently
• Upgrades and downgrades for CASY from analysts
• CASY’s stock price momentum as measured by its relative strength

About Caseys General Stores Inc (CASY)

Before we jump into Caseys General Stores Inc’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Casey’s General Stores, Inc. is a convenience retailer and pizza chain in the United States. The Company operates convenience stores primarily under the names Casey's and Casey’s General Store throughout 17 states, over half of which are located in Iowa, Missouri, and Illinois. All convenience stores carry a broad selection of food items (including, but not limited to, freshly prepared foods such as regular and breakfast pizza, donuts, hot breakfast items, and hot and cold sandwiches), beverages, tobacco and nicotine products, health and beauty aids, automotive products, and other nonfood items. Its GoodStop and Lone Star Food Store branded stores offer fuel for sale on a self-serve basis, and a broad selection of snacks, beverages, tobacco products, and other essentials. It operates three distribution centers, through which certain grocery and general merchandise and prepared food and dispensed beverage items are supplied to its stores. It operates over 2,600 convenience stores.

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Caseys General Stores Inc’s Stock Price as of Market Close

As of September 05, 2024, 4:00 PM, CST, Caseys General Stores Inc’s stock price was $380.74.

Caseys General Stores Inc is up 7.4% from its previous closing price of $354.52.

During the last market session, Caseys General Stores Inc’s stock traded between $350.52 and $355.01. Currently, there are 37.03 million shares of Caseys General Stores Inc stock available for purchase.

Caseys General Stores Inc’s price-earnings (P/E) ratio is currently at 26.4, which is high compared to the Food Retail & Distribution industry median of 22.1. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Caseys General Stores Inc Stock Price History

Caseys General Stores Inc’s (CASY) price is currently up 5.09% so far this month.

During the month of September, Caseys General Stores Inc’s stock price has reached a high of $382.30 and a low of $350.52.

Over the last year, Caseys General Stores Inc has hit prices as high as $401.07 and as low as $238.44. Year to date, Caseys General Stores Inc’s stock is up 69.71%.

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What Caused Caseys General Stores Inc Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of September 04, 2024, there were 0 analysts who downgraded Caseys General Stores Inc’s stock and 1 analyst who upgraded over the last month.

Additionally, you'll want to evaluate Caseys General Stores Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Caseys General Stores Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Caseys General Stores Inc’s current valuation based on AAII’s Value Grade is a D, which means it is considered to be Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Caseys General Stores Inc (CASY) by visiting AAII Stock Evaluator.

Relative Price Strength of Caseys General Stores Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of September 04, 2024, Caseys General Stores Inc has a weighted four-quarter relative price strength of 4.92%, which translates to a Momentum Score of 79 and is considered to be Strong.

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Caseys General Stores Inc Stock Price: Bottom Line

As of September 5, 2024, Caseys General Stores Inc’s stock price is $380.74, which is up 7.4% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Caseys General Stores Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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