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Stock Charts AI Power Rank: 9.3
Power Rank trend -> Rising
07/26/2024 16:00:00 EST
Caseys General Stores Inc (CASY)
Industry: Specialty Retail
Follow @stockchartsai on TwitterPrice Support Resistance
In the past 20 trading days, CASY has been trading in a range between $383.30 and $360.62 (gray range band). Red lines on the chart represent key resistance levels and Green lines represent key support levels. As the price moves above the lines you will notice they turn green and red if price moves below a line.
CASY is breaking above top of the recent 20 day range at $383.30 and appears that it could have some more upside. If it enters a yellow zone the trend may be faltering - consider exiting or taking profits. If it enters a red zone on the chart we would exit the position.
Upside / Downside Potential
Caseys General Stores Inc $CASY entered a Green zone 32 days ago on the AI powered stock chart. Wall Street analysts have an AVG target price $299.4, a potential down side of -23.46% from the recent price of 391.16. The stock is trading -0.44% (potential upside) below its 52 week high of $389.44 and 64.79 % (potential downside) above its 52 week low of $237.37 - based on the recent price.
Company Summary
Casey's General Stores, Inc, together with its subsidiaries, operates convenience stores under the Casey's and Casey's General Store names. Its stores offer pizza, donuts, breakfast items, and sandwiches; and tobacco and nicotine products.
News
| Casey's Expands in Texas With $1.2 Billion All-Cash Deal. The Stock Jumps. The acquisition of Fikes Wholesale includes 198 stores and a dealer network. Fikes operates Cefco convenience stores. Source: Barrons Fri, 26 Jul 2024 11:52:00 -0400 Sentiment: Positive |
| 7 Upcoming Dividend Increases Including A King This week has seven new dividend increases, including a dividend king. My investment strategy involves buying companies with consistent dividend growth and beating benchmarks. Tables and charts feature data sourced from U.S. Dividend Champions and NASDAQ. Companies must have at least 5 years of dividend growth history to be included. Source: Seeking Alpha Fri, 26 Jul 2024 11:27:18 -0400 Sentiment: Positive |
| Casey's to expand Texas footprint with $1.15 bln purchase of CEFCO owner Casey's General Stores said on Friday it would acquire Fikes Wholesale, the owner of CEFCO convenience stores, in an all-cash transaction for $1.15 billion in a bid to strengthen its presence in Texas. Source: Reuters Fri, 26 Jul 2024 08:37:19 -0400 Sentiment: Positive |
| Casey's Announces Agreement to Acquire 198 CEFCO Convenience Stores ANKENY, Iowa--(BUSINESS WIRE)--Casey's General Stores, Inc. (“Casey's” or the “Company”) (Nasdaq: CASY), one of the leading convenience store chains in the United States, today announced an agreement to acquire Fikes Wholesale, Inc. (“Fikes”), owner of CEFCO Convenience Stores (“CEFCO”), in an all-cash transaction for $1.145 billion. The purchase price includes tax benefits valued at approximately $165 million for a net after-tax purchase price of $980 million. Fikes Wholesale, Inc. and CEFCO C. Source: Business Wire Fri, 26 Jul 2024 08:15:00 -0400 Sentiment: Neutral |
| Mid-Cap Melt-up: 3 Cheap Mid-Cap Stocks to Watch Now The suddenness of the latest mid-cap melt-up was a hot topic of conversation last week. Though it's hard to tell just how sustainable the upward move was, I think it's safe to say that many investors were caught witnessing the move from the sidelines. Source: InvestorPlace Tue, 23 Jul 2024 07:11:00 -0400 Sentiment: Positive |
Technicals 52 Week Hi: 401.07 52 Week Low: 237.372 Beta: 0.795 50 Day MA: 358.217 200 Day MA: 307.2725 Earnings / Revenue Trends Qtr Earnings Growth YOY: 0.564 Qtr Revenue Growth YOY: 0.082 Forward PE: 22.9358 Trailing PE: 27.7573