Murphy USA Inc
Casey’s Top Line before Its 2Q18 Results
Casey’s General Stores (CASY) will be reporting its 2Q18 results on December 12, 2017. Its top line is expected to grow 13.5% YoY to $2.18 billion.
Casey’s General Stores Stock Falls 8.5% after Weak Fiscal 4Q17 Results
Casey’s General Stores (CASY) is currently trading at a one-year forward price-to-earnings ratio of 22.7 versus its three-year average of 21x.
CASY Underperforms Wall Street’s Top Line Expectations in Fiscal 4Q17
For fiscal 2017, CASY’s total sales increased 5.4% YoY to $7.5 billion.
Fiscal 4Q17: Casey’s General Stores Misses on Earnings, Revenues
Iowa-based Casey’s General Stores (CASY) reported its fiscal 4Q17 and fiscal 2017 results on June 5, 2017. CASY stock fell 8.4% to close at $106.66 on June 6.
Wall Street’s Downgrades Have Lowered Casey’s Rating
Casey’s General Stores (CASY) is rated by 13 Wall Street analysts, who jointly rate the stock a 2.2 on a scale of 1.0 for “strong buy” to 5.0 for “sell.”
A Look at Casey’s Dividend Yields and Stock Market Performance
As a result of weaker-than-expected results, Casey’s General Stores (CASY) stock has fallen about 2.6% this year.
Casey’s Earnings Expected to Fall Further in 4Q17
Year-to-date, Casey’s (CASY) has had an 18.0% fall in adjusted EPS (earnings per share) to $3.72. It missed Wall Street’s expectations in all three quarters of 2017.
A Look at Casey’s Top-Line Performance ahead of 4Q17 Results
Casey’s General Stores (CASY) could likely see a YoY (year-over-year) rise of 18.8% in 4Q17 sales, which are predicted to come in at ~$1.9 billion.
Casey’s Had a Bad One, So Why Is Wall Street Still Optimistic?
Casey’s General Stores (CASY) is currently trading at $108.02, which is 26% below its 52-week high price.
RBC Capital Downgrades CASY after Weak Fiscal 3Q17 Results
Casey’s General Stores (CASY) is currently trading at a one-year forward price-to-earnings ratio of 20.9x, operating in the middle of its 52-week PE range of 18.0x–23.3x.
Casey’s on the Street: Why All the Optimism?
Casey’s (CASY) is covered by 13 Wall Street analysts, who have jointly rated the stock a 1.8—a better rating than its major peers.
Gauging Casey’s 2017 Stock Performance
After delivering solid performances in 2014 and 2015, Casey’s (CASY) stock lost around 1% of its value in 2016.
Can Casey’s Return to Growth in 3Q17?
Casey’s has a strong and differentiated business model, with a focus on locations that have a low population density.
Casey’s Analyst Recommendations Compared to Its Peers
Casey’s is covered by 13 Wall Street analysts. Of those analysts, 77.0% have recommended a “buy” for the company, and 23.0% have recommended a “hold.”
A Look at Casey’s Shareholder Returns and Valuations
Shares of Casey’s General Stores (CASY) fell 2.0% on December 8, 2016, a day after it failed to meet expectations in its fiscal 2Q17 results.
Lower Fuel Margins Drove Casey’s 2Q17 Earnings Miss
Gasoline sales accounted for 58.0% of Casey’s (CASY) total revenue in fiscal 2Q17. Total gasoline sales fell 4.6% YoY (year-over-year) in fiscal 2Q17.
Casey’s Top-Line Slide Continued in Fiscal 2Q17
Casey’s (CASY) fiscal 2Q17 sales fell 0.20% year-over-year to $1.9 billion, missing the consensus estimate by $20.0 million.
A Look at Casey’s Dividends, Valuations, and Ratings
Casey’s (CASY) is currently trading at a one-year forward price-to-earnings ratio of 21.8x.
Casey’s Gasoline Sales Witnessed a Resurgence in 1Q17
Gasoline sales accounted for 58.2% of Casey’s (CASY) total revenue in 1Q17.
In Search of Anything to Be Pleased with about Casey’s 1Q Results
For 1Q17, which ended July 31, 2016, Casey’s General Stores (CASY) reported a 3.8% decline in total sales to $2.0 billion.
CASY’s Fiscal 1Q17 Results Miss on Top and Bottom Lines
Casey’s General Stores (CASY) reported fiscal 1Q17 earnings per share (or EPS) of $1.70, missing the Wall Street analyst estimate by $0.11.
Casey’s Compared to Its Peers: A Valuations Summary
Despite moving to the higher side of its valuations, Casey’s is still reasonably priced compared to peer CST Brands (CST).
What Does Wall Street Recommend for Casey’s?
Ten of the 13 analysts rating Casey’s have given the company a “buy.” Three have given it a “hold,” and none have given it a “sell.”
How Did Fuel Price Volatility Affect Casey’s in 4Q16?
While lower fuel prices have depressed Casey’s top line, they have led to a tremendous margin benefit for the company.
How Do Casey’s Valuations Stack Up against Its Peers’?
After Casey’s General Stores’ double-digit earnings growth over the last three fiscal years, Wall Street expects a slowdown in its earnings per share growth.
Has Casey’s Been a Good Investment for Its Shareholders?
Casey’s peers CST Brands (CST) and Murphy USA (MUSA) have given higher returns to shareholders compared to Casey’s.
Casey’s Grocery Business Beats Same-Store Goals in Fiscal 2016
Casey’s General Stores’ grocery and merchandise business, its second-largest revenue-generating segment, recorded a 9.4% rise in total sales in fiscal 4Q16.
Lower Gas Prices Continue to be Casey’s Biggest Revenue Headwind
Lower gasoline prices have weighed on Casey’s General Stores’ (CASY) top line performance for some time. Fiscal 4Q16 was another such quarter.
Casey’s Earnings Rise despite a Fall in Its Fiscal 2016 Top Line
Casey’s General Stores reported a fall of 4.3% in its total sales to $1.6 billion in fiscal 4Q16 as lower fuel prices weighed on its top line once again.
Why Casey’s Delivered an Earnings Miss in Fiscal 4Q16
Iowa-based Casey’s General Stores (CASY) reported its financial results for fiscal 4Q16 after the Market closed on June 6, 2016.
Analyzing the Valuations of Casey’s and Its Peers
Casey’s General Stores (CASY) is expected to register strong earnings growth in the final quarter of its fiscal 2016.
Analyzing Casey’s Fiscal 3Q16 ahead of Its Fiscal 4Q16 Results
Casey’s General Stores reported a 6.3% YoY (year-over-year) fall in total sales to $1.6 billion in fiscal 3Q16, missing consensus estimates by $29 million.
Casey’s Strengths, Weaknesses, Opportunities, and Threats
Casey’s has a strong, differentiated, low-risk business model. In fiscal 2015, 82% of its stores were in areas with populations of fewer than 20,000 people.
Why Casey’s Earnings Rose despite Lower Sales in Fiscal 2015
Casey’s General Stores’ fiscal 2015 total revenue stood at $7.7 billion, registering a 0.9% year-over-year fall, primarily on account of lower fuel prices.
An Overview of Casey’s Business Strategies
Casey follows both organic and inorganic expansion strategies for its growth. In fiscal 2015, the company opened 45 new stores and acquired 36 stores.
What Does a Typical Casey’s Store Look Like?
A typical Casey’s General Store location offers over 3,000 food and nonfood items. 87% of Casey’s stores offer beer, while 98% offer donuts and pizza.
A Quick Look at Casey’s Business Model
Casey’s business model focuses on opening stores in smaller towns, where the population is lower and competition is minimal.
Company Overview: An Introduction to Casey’s General Stores
Casey’s General Stores’ strong and differentiated business model has resulted in the company’s delivering total returns of 27% in the last year.
What Boosted Casey’s Shareholder Returns in Fiscal 3Q16?
Casey’s General Stores (CASY) stock has yielded strong returns for its shareholders. The stock price rose by around 35% in 2015 after rising 30% in 2014.
How Did Casey’s Grocery Business Perform in Fiscal 3Q16?
Grocery and Merchandise, the second-largest revenue-generating category of Casey’s General Stores (CASY), is the company’s biggest profit generator.
How Did Fuel Prices Treat Casey’s Margins in Fiscal 3Q16?
The contribution of the fuel category toward Casey’s top line has seen a continuous fall over the past few quarters due to low fuel prices.
Volatile Gasoline Prices Take a Toll on Casey’s Fiscal 3Q16 Sales
Casey’s General Stores (CASY) reported total sales of $1.6 billion in fiscal 3Q16 ended January 31, 2016, missing consensus estimates by $29 million.
Murphy USA: Why Murphy Oil spun off its retail marketing business
Murphy USA, Inc. (MUSA): Historical financials, FY2012 versus FY2011 Marketing segment total revenues increased by $239.0 million in FY2012 to $19.0 billion compared to the FY2011 amount of $18.8 billion. Total fuel sales volumes per station averaged 277,001 gallons per month in 2012, down 0.3% from the prior year amounts. Within operating revenues, merchandise sales increased […]
Murphy USA: Murphy’s business model stands out from competitors
Murphy USA, Inc. (MUSA): Differentiation Murphy differentiates itself from its competitors primarily through: Small-format offerings leading to higher sales per square foot (average footprint for comps is 3,000 square feet): MUSA sells roughly nine times the merchandise per years per square foot compared to comps ($4,744 versus $547). Volume-focused sales model: MUSA’s monthly fuel gallons sold […]
Murphy USA: Why Murphy USA benefits from its Walmart partnership
Murphy USA, Inc. (MUSA): Company overview Murphy is a low-price, high-volume fuel retailer that also sells convenience merchandise through low-cost kiosks. The business was recently spun off from Murphy Oil and primarily generates its revenues by marketing retail motor fuel products and convenience merchandise through a large chain of 1,179 (as of June 30, 2013) […]
Murphy USA: Why you should consider investing in Murphy USA
Murphy USA is a price leader compared to most gas stations and compensates by driving significantly more volume than comparable stores.