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Caseys General Stores Inc. stock reached an all-time high of 563.78 USD, marking a significant milestone for the company. With a market capitalization of $20.92 billion and a P/E ratio of 35.94, InvestingPro analysis suggests the stock is currently trading above its Fair Value. This achievement comes as the stock has seen a remarkable 1-year change, increasing by 49.89%, with an impressive 40.57% gain in just the last six months. The company’s robust performance has been a key driver in reaching this new peak, with 8 analysts recently revising their earnings expectations upward. The all-time high underscores the company’s growth trajectory and its ability to capitalize on market opportunities. InvestingPro subscribers can access 13 additional key insights about Casey’s current market position and future prospects.
In other recent news, Casey’s General Stores reported impressive first-quarter fiscal 2026 results, with earnings per share (EPS) of $5.77, surpassing the forecasted $5.03. The company’s revenue reached $4.58 billion, exceeding expectations of $4.48 billion. Jefferies responded to these strong results by raising its price target for Casey’s to $600, maintaining a Buy rating. Similarly, Wells Fargo increased its price target to $580, citing strong organic growth trends and potential earnings upside. BMO Capital also raised its price target to $540, acknowledging the solid fiscal first-quarter results. Meanwhile, RBC Capital maintained a Sector Perform rating and a $542 price target, noting that the EPS represented a 20% year-over-year increase. The outperformance was largely due to stronger-than-expected gas volumes and margins. Despite these positive developments, Casey’s stock experienced a slight decline in premarket trading.
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