Casey's General Stores Inc

CASY: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$413.00	Dqdnfy	Xjlylznm

Casey's 2Q Results Sturdy Despite Challenging Comps

Dec 11, 2012

Casey's CASY stock is trading higher after the company reported second-quarter earnings that met Street expectations despite a tougher gasoline and cigarette environment. The firm was bolstered by its prepared food and fountain segment, which remains a catalyst for top- and bottom-line growth. Casey's share price remains slightly undervalued, in our view, but is within striking distance of our fair value estimate, which we maintain at $54 per share.

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