Casey's General Stores, Inc. (NASDAQ:CASY) Stock Update and Financial Overview

• Casey's General Stores, Inc. (NASDAQ:CASY) receives a "Buy" recommendation from Benchmark ahead of its fourth-quarter financial results.
• Despite an expected decrease in earnings per share, Casey's projects a revenue increase to $3.95 billion.
• The company's stock experienced a slight decline, closing at $444.04, with a market capitalization of approximately $16.48 billion.

Casey's General Stores, Inc. (NASDAQ:CASY) is a well-known convenience store chain in the United States, offering a variety of products including fuel, groceries, and prepared foods. The company operates over 2,000 stores across the Midwest and Southern regions. Casey's competes with other convenience store chains like 7-Eleven and Circle K.

On June 9, 2025, Benchmark updated its rating for Casey's to a "Buy" recommendation, with the stock priced at $444.04. This recommendation comes as Casey's prepares to release its fourth-quarter financial results. Analysts expect earnings of $1.95 per share, a decrease from $2.34 per share in the same period last year. Despite this, Casey's projects a revenue increase to $3.95 billion, up from $3.6 billion the previous year.

In the third quarter, Casey's reported revenue of $3.90 billion, surpassing the consensus estimate of $3.73 billion. This performance indicates the company's ability to exceed market expectations. However, the stock recently experienced a slight decline of 0.4%, closing at $444.04. The current stock price reflects a decrease of 0.37% or $1.65, with a trading range between $440.11 and $448.80 for the day.

Casey's market capitalization stands at approximately $16.48 billion, highlighting its significant presence in the convenience store industry. The stock has traded as high as $474.97 and as low as $322.78 over the past year. The trading volume for the day is 395,024 shares on the NASDAQ exchange, indicating active investor interest. Keybanc analyst Bradley Thomas has initiated coverage on the stock, reflecting ongoing interest and analysis from Wall Street's most accurate analysts.