CASY Intrinsic Value – Celebrate the Holidays with Casey’s General Stores, Modified Hours in Place
December 26, 2023
☀️Trending News
This holiday season, celebrate with Casey’s General Stores ($NASDAQ:CASY)! Casey’s is known for providing quality products made from scratch, like their signature pizzas, donuts, and subs. Customers can find the operating hours for their local Casey’s store online.
Whether you’re picking up some last minute gifts or treats for your holiday gathering, you can count on Casey’s to be there. Plus, check out their holiday promotions and specials, including special pricing on select items.
Stock Price
On Wednesday, the stock opened at $273.6 and closed at $269.4, down by 1.6% from the previous closing price of 273.9. This slight reduction in stock value has not detracted from the holiday spirit, and the company has modified its hours to ensure customers can get their gifts and supplies in a timely manner. With special hours in place, customers can find the best deals and items they need for their holiday celebrations, making this a great time to visit CASEY’S GENERAL STORES. From groceries to decorations, the store has what you need to make your holidays special.
Additionally, the store is taking precautions to ensure the safety of everyone who visits. At CASEY’S GENERAL STORES, customers can be sure to find the perfect gifts to give their loved ones this holiday season. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for CASY. More…
| Total Revenues | Net Income | Net Margin |
| 14.59k | 484.22 | 3.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for CASY. More…
| Operations | Investing | Financing |
| 877.63 | -682.09 | -200.45 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for CASY. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 6.23k | 3.33k | 77.75 |
Key Ratios Snapshot
Some of the financial key ratios for CASY are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 20.3% | 12.7% | 4.7% |
| FCF Margin | ROE | ROA |
| 2.8% | 15.1% | 6.9% |
Analysis – CASY Intrinsic Value
At GoodWhale we have conducted a thorough analysis of the well-being of CASEY’S GENERAL STORES. Through our proprietary Valuation Line, we have determined that the fair value of CASEY’S GENERAL STORES shares is around $250.6. Currently, the stock is being traded at $269.4, representing a 7.5% overvaluation. However, this does not mean that this might not be a good time to invest in the company as its current status could contribute towards a higher stock price in the future. Therefore, we suggest that investors consider all the factors before making an investment decision. More…
Peers
Casey’s General Stores Inc is in competition with Murphy USA Inc, Nanning Department Store Co Ltd, Hunan Friendship & Apollo Commercial Co Ltd. All four of these companies are retailers that offer similar products and services. The competition between these companies is based on price, quality, convenience, and customer service.
– Murphy USA Inc ($NYSE:MUSA)
Murphy USA Inc is a gas station and convenience store chain that operates in the southern and midwestern United States. As of 2022, the company has a market cap of 6.47B and a return on equity of 64.41%. The company was founded in 1996 and is headquartered in El Dorado, Arkansas. Murphy USA operates over 1,400 gas stations and convenience stores across the United States. The company’s gas stations offer a variety of fuels, including regular, premium, and diesel. In addition to gasoline, Murphy USA convenience stores sell a variety of food and beverage items, such as snacks, candy, soft drinks, and coffee.
– Nanning Department Store Co Ltd ($SHSE:600712)
Nanning Department Store Co Ltd has a market cap of $2.04 billion as of 2022 and a Return on Equity of 0.63%. The company operates department stores in Nanning, Guangxi, China. It offers a range of merchandise, including apparel, cosmetics, and home appliances. The company also operates a loyalty program that offers discounts and rewards to customers who shop at its stores.
– Hunan Friendship & Apollo Commercial Co Ltd ($SZSE:002277)
Hunan Friendship & Apollo Commercial Co Ltd is a company that operates in the commercial sector. It has a market capitalization of 4.99 billion as of 2022 and a return on equity of 3.02%. The company focuses on providing commercial services to businesses in China. These services include leasing, property management, and investment management. The company also provides consulting services for businesses expanding into China.
Summary
Casey’s General Stores is an American chain of convenience stores that is making news this Christmas season with its modified hours for a festive celebration. For investors, this season has been a good one for Casey’s as the company’s stock price has been on a steady upward trend. Furthermore, analysts believe that the company’s core convenience store business is still one of the strongest in the industry and is benefiting from increased sales in high-margin products such as prepared food and beverages.
The company is also investing heavily in new store openings and remodeling existing locations, which should help to drive future growth. Overall, Casey’s General Stores appears to be a good investment opportunity for investors looking for a stable and growing convenience store chain.
