Why Casey's General Stores (CASY) is a Top Stock for the Long-Term

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Why Casey's General Stores (CASY) is a Top Stock for the Long-Term

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Breaking Down the Zacks Focus List

If you could get access to a curated list of stocks to kickstart your investment portfolio, wouldn't you jump at the chance to take a peek?

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Focus List Methodology

When stocks are picked for the Focus List, it reflects our enduring reliance on the power of earnings estimate revisions.

Brokerage analysts are in charge of determining a company's growth and profitability expectations, or earnings estimates. These analysts work together with company management to evaluate all factors that may affect future earnings, like interest rates, the economy, and sector and industry optimism.

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The Zacks Rank consists of four main pillars: Agreement, Magnitude, Upside, and Surprise. Each one is given a raw score, which is recalculated every night and compiled into the Rank. Then, stocks are classified into five groups, ranging from "Strong Buy" to "Strong Sell," using this data.

The Focus List is comprised of stocks hand-picked from a long list of #1 (Strong Buy) or #2 (Buy) ranked companies, meaning that each new addition boasts a bullish earnings consensus among analysts.

Because stock prices react to revisions, buying stocks with rising earnings estimates can be very profitable. Focus List stocks offer investors a great opportunity to get into companies whose future earnings estimates will be raised, potentially leading to price momentum.

Focus List Spotlight: Casey's General Stores (CASY)

Founded in 1959 and based in Ankeny, IA, Casey's General Stores, Inc. operates convenience stores primarily under the Casey's and Casey's General Store names in 19 states, mainly Iowa, Missouri and Illinois. As of Apr. 30, 2026, the company operated 2,944 stores. Approximately 71% of all stores were located in areas with populations of fewer than 20,000 people.

Since being added to the Focus List on August 20, 2019 at $171.98 per share, shares of CASY have increased 363.67% to $797.42. The stock is currently a #3 (Hold) on the Zacks Rank.

For fiscal 2027, four analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.58 to $21.05. CASY boasts an average earnings surprise of 18.4%.

Earnings for CASY are forecasted to see growth of 9.9% for the current fiscal year as well.

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Casey's General Stores, Inc. (CASY): Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

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