Is Casey's General Stores (CASY) Stock Outpacing Its Retail-Wholesale Peers This Year?
Casey’sCasey’s(US:CASY) zacks.com·2024-05-21 14:46

Company Overview - Casey's General Stores (CASY) is a stock within the Retail-Wholesale sector, which consists of 212 individual stocks and holds a Zacks Sector Rank of 11 [2] - The Zacks Rank is a stock-picking model that focuses on earnings estimates and revisions, with CASY currently holding a Zacks Rank of 2 (Buy) [3] Performance Analysis - Over the past 90 days, the Zacks Consensus Estimate for CASY's full-year earnings has increased by 3.4%, indicating improved analyst sentiment and a more positive earnings outlook [4] - Year-to-date, CASY has returned approximately 21.7%, outperforming the Retail-Wholesale sector's average return of 10.9% [4] - In comparison, another stock in the Retail-Wholesale sector, 1stdibs.com (DIBS), has a year-to-date return of 19.2% and a Zacks Rank of 2 (Buy) [5] Industry Context - Casey's General Stores is part of the Retail - Convenience Stores industry, which currently ranks 1 in the Zacks Industry Rank, with an average year-to-date gain of 21.7% [6] - In contrast, 1stdibs.com belongs to the Internet - Commerce industry, ranked 88, with a year-to-date increase of 17.3% [6] Investment Outlook - Investors interested in Retail-Wholesale stocks should monitor Casey's General Stores and 1stdibs.com for continued strong performance [7]