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Feb 28, 2023
Casey's General Stores (CASY, $210.72) earnings forecast on March 7

Casey's General Stores (CASY, $210.72) earnings forecast on March 7

Convenience store business Casey's General Stores is based in the United States and has locations in 16 states in the Midwest and South. On Tuesday, March 7, the company is scheduled to disclose its results forecast, which will give information about how financially the company performed during the previous three months. Recent market indicators, however, indicate that the stock may be destined for a decline.

On February 2, 2023, the Momentum Indicator for Casey's General Stores (CASY) moved below the 0 level. This is a technical indicator that is often used by traders to identify shifts in momentum and potential trend changes. When the Momentum Indicator moves below 0, it can indicate that the stock is shifting into a new downward move.

Traders who follow technical analysis may want to consider selling the stock or exploring put options in anticipation of a potential decline. According to Tickeron's A.I.dvisor, a market analysis platform that uses artificial intelligence to predict market trends, there have been 89 similar instances where the Momentum Indicator turned negative for CASY. In 45 of those cases, the stock moved further down in the following days. This gives the odds of a decline at 51%.

It's also important to note that the upcoming earnings forecast for Casey's General Stores could impact the stock's price, regardless of the Momentum Indicator. If the company reports strong earnings, investors may be more likely to buy the stock, even if technical indicators suggest a potential decline.

Related Ticker: CASY

Contributor

Serhii Bondarenko is an AI-focused trading strategist and financial markets analyst specializing in the development and application of AI trading bots and autonomous trading agents. His work combines technical analysis, fundamental analysis, and quantitative research to identify market patterns, forecast price movements, and analyze liquidity, volatility, and correlations across global stock markets. Serhii actively publishes market insights, forecasts, and trading frameworks on platforms such as Investing.com and Finextra, with a strong focus on AI-driven decision-making and next-generation algorithmic trading. His research aims to bridge the gap between traditional trading methodologies and advanced artificial intelligence, helping traders and investors navigate complex and rapidly evolving market conditions.


CASY in upward trend: price expected to rise as it breaks its lower Bollinger Band on September 09, 2026

CASY may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In 26 of 35 cases where CASY's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are 74%.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where CASY's RSI Oscillator exited the oversold zone, 8 of 12 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 67%.

The Momentum Indicator moved above the 0 level on September 29, 2026. You may want to consider a long position or call options on CASY as a result. In 60 of 93 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 65%.

The Moving Average Convergence Divergence (MACD) for CASY just turned positive on September 25, 2026. Looking at past instances where CASY's MACD turned positive, the stock continued to rise in 33 of 49 cases over the following month. The odds of a continued upward trend are 67%.

Following a +3.27% 3-day Advance, the price is estimated to grow further. Considering data from situations where CASY advanced for three days, in 219 of 322 cases, the price rose further within the following month. The odds of a continued upward trend are 68%.

Bearish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 4 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where CASY declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 49%.

The Aroon Indicator for CASY entered a downward trend on October 02, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

The Tickeron Profit vs. Risk Rating rating for this company is 38 (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 90, placing this stock slightly better than average.

The Tickeron SMR rating for this company is 46 (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron PE Growth Rating for this company is 62 (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Price Growth Rating for this company is 64 (best 1 - 100 worst), indicating fairly steady price growth. CASY’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Seasonality Score of 75 (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron Valuation Rating of 94 (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (5.473) is normal, around the industry mean (2.222). P/E Ratio (29.205) is within average values for comparable stocks, (243.370). CASY's Projected Growth (PEG Ratio) (2.742) is slightly higher than the industry average of (1.159). Dividend Yield (0.004) settles around the average of (0.018) among similar stocks. P/S Ratio (1.174) is also within normal values, averaging (1.057).

Notable companies

The most notable companies in this group are Ulta Beauty (NASDAQ:ULTA), Best Buy Company (NYSE:BBY), Tractor Supply Co (NASDAQ:TSCO), Five Below (NASDAQ:FIVE), GameStop Corp (NYSE:GME), Bath & Body Works (NYSE:BBWI), RH (NYSE:RH), 1-800-FLOWERS.COM (NASDAQ:FLWS).

Industry description

The specialty stores sector includes companies dedicated to the sale of retail products focused on a single product category, such as clothing, carpet, books, or office supplies. A specialty store could face intense competition from big-box departmental chains, and therefore offering an adequate collection of the product type it specializes in is key in maintaining/growing its market.

Market Cap

The average market capitalization across the Specialty Stores Industry is 4.22B. The market cap for tickers in the group ranges from 3.1K to 50.98B. ANCTF holds the highest valuation in this group at 50.98B. The lowest valued company is SIMPQ at 3.1K.

High and low price notable news

The average weekly price growth across all stocks in the Specialty Stores Industry was -1%. For the same Industry, the average monthly price growth was -6%, and the average quarterly price growth was 4%. ABLV experienced the highest price growth at 54%, while JBDI experienced the biggest fall at -10%.

Volume

The average weekly volume growth across all stocks in the Specialty Stores Industry was 18%. For the same stocks of the Industry, the average monthly volume growth was -17% and the average quarterly volume growth was 6%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 48
P/E Growth Rating: 62
Price Growth Rating: 62
SMR Rating: 62
Profit Risk Rating: 90
Seasonality Score: 29 (-100 ... +100)
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published General Information

General Information

an operator of convenience stores and gasoline stations

Industry SpecialtyStores

Industry
Food Retail
Address
One Se Convenience Boulevard
Phone
+1 515 965-6100
Employees
49848
Web
https://www.caseys.com
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