CASY Price Prediction Next Week
Analysis and Insights
Earnings Release Impact:
Casey's General Stores (CASY) is scheduled to release its quarterly earnings on March 11th. Analysts expect revenue of $3.8 billion and earnings of $2.04 per share. Insider trading activity shows a balanced approach with two buys and two sells, while institutional investors slightly reduced their positions recently.
Stock Performance and Valuation:
CASY has surpassed its average analyst target price of $439.31, trading at $442.54. Analyst targets range from $338 to $500, indicating varied opinions on the stock's value.
Technical Indicators Analysis:
- RSI: 32.52 (oversold territory, potential for a bounce).
- MACD: -4.11 (bearish momentum).
- Bollinger Bands: Below the 20-day band, suggesting undervaluation.
- Fibonacci Levels: Pivot at $405.15, with support at $379.51 and $363.67, and resistance at $420.99 and $430.78.
Price Prediction and Recommendation:
Given the oversold RSI and proximity to support levels, CASY may experience a short-term bounce post-earnings. Predicted price for next week: $415.
Recommendation: Buy with a target of $430 and a stop-loss at $395.
CASY Similar Chart Price Prediction
The price of CASY is predicted to go up 7.26%, based on the high correlation periods with SAIA. The similarity of these two price pattern on the periods is 95.07%.
CASY
SAIA
Up: 7.26%Similarity: 95.07%
CASY Revenue Forecast
CASY EPS Forecast
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CASY Analyst's Forecast
Irene Nattel
RBC Capital
Hold
2025-03-12
Price Target
$430 → $438
Upside
+8.94%
RBC Capital analyst Irene Nattel raised the firm's price target on Casey's General Stores to $438 from $430 and keeps a Sector Perform rating on the shares. The company's Q3 results reflected key metrics that were generally in line with the firm's expectations, and the first full quarter of contribution from Fikes, the analyst tells investors in a research note. Casey's continues to earn its valuation premium that reflects attractive inside-store mix, unit growth cadence, geographic concentration, strong expense control, and upside from Fikes, RBC adds.
Kelly Bania
BMO Capital
Hold
2024-12-18
Price Target
$400 → $450
Upside
+10.4%
Krisztina Katai
Deutsche Bank
Strong Buy
2024-11-06
Price Target
$451 → $454
Upside
+10.95%
