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Casey's General Stores, Inc. (CASY) Soars to 52-Week High, Time to Cash Out?

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Have you been paying attention to shares of Casey's General Stores (CASY - Free Report) ? Shares have been on the move with the stock up 6.1% over the past month. The stock hit a new 52-week high of $574.68 in the previous session. Casey's has gained 44.8% since the start of the year compared to the 6.5% gain for the Zacks Retail-Wholesale sector and the 19.7% return for the Zacks Retail - Convenience Stores industry.

What's Driving the Outperformance?

The stock has a great record of positive earnings surprises, having beaten the Zacks Consensus Estimate in each of the last four quarters. In its last earnings report on December 9, 2025, Casey's reported EPS of $5.53 versus consensus estimate of $4.92 while it missed the consensus revenue estimate by 1.03%.

For the current fiscal year, Casey's is expected to post earnings of $16.69 per share on $17.34 in revenues. This represents a 14% change in EPS on a 8.79% change in revenues. For the next fiscal year, the company is expected to earn $18.32 per share on $18.24 in revenues. This represents a year-over-year change of 9.74% and 5.16%, respectively.

Valuation Metrics

Casey's may be at a 52-week high right now, but what might the future hold for the stock? A key aspect of this question is taking a look at valuation metrics in order to determine if the company has run ahead of itself.

On this front, we can look at the Zacks Style Scores, as they provide investors with an additional way to sort through stocks (beyond looking at the Zacks Rank of a security). These styles are represented by grades running from A to F in the categories of Value, Growth, and Momentum, while there is a combined VGM Score as well. The idea behind the style scores is to help investors pick the most appropriate Zacks Rank stocks based on their individual investment style.

Casey's has a Value Score of B. The stock's Growth and Momentum Scores are A and D, respectively, giving the company a VGM Score of A.

In terms of its value breakdown, the stock currently trades at 34.4X current fiscal year EPS estimates, which is a premium to the peer industry average of 25.9X. On a trailing cash flow basis, the stock currently trades at 22.4X versus its peer group's average of 16.7X. This isn't enough to put the company in the top echelon of all stocks we cover from a value perspective.

Zacks Rank

We also need to consider the stock's Zacks Rank, as this is even more important than the company's VGM Score. Fortunately, Casey's currently has a Zacks Rank of #2 (Buy) thanks to favorable earnings estimate revisions from covering analysts.

Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if Casey's meets the list of requirements. Thus, it seems as though Casey's shares could still be poised for more gains ahead.


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