Evercore ISI Reaffirms Their Buy Rating on Casey’s General (CASY)

Evercore ISI analyst Michael Montani maintained a Buy rating on Casey’s General on January 16 and set a price target of $660.00. The company’s shares closed last Friday at $640.41.

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According to TipRanks, Montani is an analyst with an average return of -2.2% and a 46.51% success rate. Montani covers the Consumer Defensive sector, focusing on stocks such as Dollar Tree, Sprouts Farmers, and Dollar General.

In addition to Evercore ISI, Casey’s General also received a Buy from TipRanks – Google’s Google Specialty Retail in a report issued today. However, on the same day, TipRanks – OpenAI downgraded Casey’s General (NASDAQ: CASY) to a Hold.

Based on Casey’s General’s latest earnings release for the quarter ending October 31, the company reported a quarterly revenue of $4.51 billion and a net profit of $206.34 million. In comparison, last year the company earned a revenue of $3.95 billion and had a net profit of $180.92 million

Based on the recent corporate insider activity of 38 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of CASY in relation to earlier this year. Earlier this month, Maria Castanon Moats, a Director at CASY bought 300.00 shares for a total of $166,398.00.