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Casey's General Stores (CASY, Grocery stores) Stock Valuation & Fair Value

Significantly overvalued

Casey's General Stores (CASY, Grocery stores) trades at a current P/E of 33.9, about 61% above its historical normal valuation, with a forward growth estimate of 10.5% and a PEG of 3.22. Analysts' one-year estimates have been hit 9% of the time. Priced at its historical normal P/E of 21.0 on the same blended earnings, the 2026-11-06 close of $687.64 corresponds to about $427 a share. This is a valuation reference, not a price target.

How to read these numbers: the PEG ratio and current P/E versus normal P/E.

Current P/E
33.9
Normal P/E
21.0
PEG
3.22
Fwd growth
10.5%
Div yield
0.4%
RSI (14)
55.5
Neutral
Technical context
  • Price $687.64 at the Nov 6 close, 1.2% above the 20-day average ($679.81) and 4.5% above the 50-day ($658.10).
  • RSI (14) at 55.5.
  • 52-week range $530.77 to $914.72: the price is 24.8% below the high and 29.6% above the low.
  • At its last earnings report the options market priced a 7% move.

The Street vs SeerForecast

Wall Street's mean price target for CASY is $788.68 across 19 analysts, 14.7% above the current price. The average analyst rating is Buy. Our SeerForecast read of the same stock, formed without analyst targets: significantly overvalued. When the two disagree, start your digging there.

Valuation flags

Verdict history

tickerseer's rating has been significantly overvalued since 2026-09-05.

Current P/E and rating by weekCurrent P/E moved from 37.9 to 33.5 between 2026-09-04 and 2026-10-30, against a normal P/E of 21.0, with 0 rating changes over 9 recorded weeks.2026-09-04: P/E 37.9, Significantly overvalued, recalculated for the week of 2026-09-052026-09-04: P/E 37.9, Significantly overvalued, recorded live 2026-09-072026-09-11: P/E 37.9, Significantly overvalued, recalculated for the week of 2026-09-122026-09-11: P/E 30.8, Significantly overvalued, recorded live 2026-09-142026-09-18: P/E 30.8, Significantly overvalued, recalculated for the week of 2026-09-192026-09-18: P/E 29.8, Significantly overvalued, recorded live 2026-09-212026-09-25: P/E 29.8, Significantly overvalued, recalculated for the week of 2026-09-262026-09-25: P/E 29.8, Significantly overvalued, recorded live 2026-09-282026-10-02: P/E 29.8, Significantly overvalued, recalculated for the week of 2026-10-032026-10-02: P/E 30.7, Significantly overvalued, recorded live 2026-10-052026-10-09: P/E 30.7, Significantly overvalued, recalculated for the week of 2026-10-102026-10-09: P/E 32.1, Significantly overvalued, recorded live 2026-10-122026-10-16: P/E 32.1, Significantly overvalued, recalculated for the week of 2026-10-172026-10-16: P/E 34.1, Significantly overvalued, recorded live 2026-10-192026-10-23: P/E 34.5, Significantly overvalued, recorded live 2026-10-262026-10-30: P/E 34.5, Significantly overvalued, recalculated for the week of 2026-10-312026-10-30: P/E 33.5, Significantly overvalued, recorded live 2026-11-0225.030.035.0Sep 4Sep 18Oct 2Oct 16Oct 30Normal P/E 21.0
Significantly overvalued

Not every point was recorded live. Points marked recalculated are worked out from the metrics tickerseer archived that week.

Selected weeks: the first, the latest, and the cheapest and dearest.

WeekCurrent P/EPremium to normal P/ERating
2026-09-05P/E 37.9+80%Significantly overvalued (recalculated)
2026-09-28P/E 29.8+42%Significantly overvalued
2026-11-02P/E 33.5+59%Significantly overvalued ← now
Show all 17 readings
WeekCurrent P/EPremium to normal P/ERating
2026-09-05P/E 37.9+80%Significantly overvalued (recalculated)
2026-09-07P/E 37.9+80%Significantly overvalued
2026-09-12P/E 37.9+80%Significantly overvalued (recalculated)
2026-09-14P/E 30.8+47%Significantly overvalued
2026-09-19P/E 30.8+47%Significantly overvalued (recalculated)
2026-09-21P/E 29.8+42%Significantly overvalued
2026-09-26P/E 29.8+42%Significantly overvalued (recalculated)
2026-09-28P/E 29.8+42%Significantly overvalued
2026-10-03P/E 29.8+42%Significantly overvalued (recalculated)
2026-10-05P/E 30.7+46%Significantly overvalued
2026-10-10P/E 30.7+46%Significantly overvalued (recalculated)
2026-10-12P/E 32.1+52%Significantly overvalued
2026-10-17P/E 32.1+52%Significantly overvalued (recalculated)
2026-10-19P/E 34.1+62%Significantly overvalued
2026-10-26P/E 34.5+64%Significantly overvalued
2026-10-31P/E 34.5+64%Significantly overvalued (recalculated)
2026-11-02P/E 33.5+59%Significantly overvalued ← now

Earnings moves: CASY moved more than the options market implied in 1 of 1 recent tracked reports.

Frequently asked questions

Is Casey's General Stores stock overvalued?

At a current P/E of 33.9 versus its historical normal P/E of 21.0, Casey's General Stores trades about 61% above its typical valuation, with a PEG of 3.22 on 10.5% forward growth. tickerseer currently rates it significantly overvalued.

What is Casey's General Stores's fair value and PEG?

Casey's General Stores trades at a current P/E of 33.9 against a historical normal P/E of 21.0, a PEG of 3.22, and a forward growth estimate of 10.5%. Priced at its historical normal P/E of 21.0 on the same blended earnings, the 2026-11-06 close of $687.64 corresponds to about $427 a share. This is a valuation reference, not a price target.

Has tickerseer's rating of Casey's General Stores changed?

tickerseer's rating has been significantly overvalued since 2026-09-05.

What is the analyst price target for Casey's General Stores?

The mean Wall Street price target for Casey's General Stores is $788.68 across 19 analysts, 14.7% above the current price. tickerseer's SeerForecast verdict is formed independently of analyst targets.

Industry: Grocery stores. Create a free account to see the full analysis: the SeerAI score, its five quality sub-scores, valuation history, and an AI research note where we have one. Options setups and metric history are part of the paid plans.

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