CASY Price Prediction, Casey's General Stores AI Recommendations

CASY in upward trend: price may jump up because it broke its lower Bollinger Band on February 28, 2023

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 23 of 31 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%.

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where CASY's RSI Oscillator exited the oversold zone, of 17 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 5 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

The Momentum Indicator moved above the 0 level on March 21, 2023. You may want to consider a long position or call options on CASY as a result. In of 88 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for CASY just turned positive on March 21, 2023. Looking at past instances where CASY's MACD turned positive, the stock continued to rise in of 47 cases over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CASY advanced for three days, in of 335 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

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 of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for CASY entered a downward trend on March 21, 2023. 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 (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 76, placing this stock better than average.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued 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 (2.999) is normal, around the industry mean (6.601). P/E Ratio (17.452) is within average values for comparable stocks, (24.073). Projected Growth (PEG Ratio) (1.717) is also within normal values, averaging (1.992). Dividend Yield (0.007) settles around the average of (0.038) among similar stocks. P/S Ratio (0.516) is also within normal values, averaging (66.426).

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

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to average 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.

CASY is expected to report earnings to fall 41.57% to $1.56 per share on June 06

Q2'23

Est.

$1.56

Q1'23

Beat

by $0.62

Q4'22

Beat

by $0.74

Q3'22

Beat

by $0.31

Q2'22

Beat

by $0.01

CASY paid dividends on February 15, 2023