Separating Fact From Fiction: National Retail Properties, Inc. (NNN), Casey’s General Stores, Inc. (CASY)

5 analysts out of 14 Wall Street brokerage firms rate National Retail Properties, Inc. (NYSE:NNN) as a Buy, while 0 see it as a Sell. The rest 9 describe it as a Hold. NNN stock traded higher to an intra-day high of $52.31. At one point in session, its potential discontinued and the price was down to lows at $51.59. Analysts have set NNN’s consensus price at $54, effectively giving it a 4.53% projection on returns. Should the projected estimates be met, then the stock will likely hit its highest price at $57 (up 10.34% from current price levels). NNN has a 7.6% ROE, higher than the 7.34% average for the industry. The average ROE for the sector is 16.13%.

National Retail Properties, Inc. (NNN) currently trades at $51.66, which is lower by -1.07% its previous price. It has a total of 161.74 million outstanding shares, with an ATR of around 0.86. The company’s stock volume dropped to 0.62 million, worse than 1.31 million that represents its 50-day average. A 5-day decrease of about -0.92% in its price means NNN is now 6.49% higher on year-to-date. The shares have surrendered $43162.34 since its $54.56 52-week high price recorded on 12th of February 2019. Overall, it has seen a growth rate of 35.34 over the last 12 months. The current price per share is $14.71 above the 52 week low of $36.95 set on 24th of April 2018.

National Retail Properties, Inc. (NYSE:NNN)’s EPS was $0.63 as reported for the December quarter. In comparison, the same quarter a year ago had an EPS of $0.63. That means that its growth in general now stands at 0%. Therefore, a prediction of $0.65 given by the analysts brought a negative surprise of -3%. NNN Dec 19 quarter revenue was $158.98 million, compared to $150.25 million recorded in same quarter last year, giving it a 6% growth rate. The company’s $8.73 million revenue growth that quarter surprised Wall Street and investors will need to consider this as they assess the stock.

Casey’s General Stores, Inc. (NASDAQ:CASY) shares depreciated -1.04% over the last trading period, taking overall 5-day performance up to -3.36%. CASY’s price now at $131.85 is greater than the 50-day average of $131.19. Getting the trading period increased to 200 days, the stock price was seen at $120.34 on average. The general public currently hold control of a total of 36.18 million shares, which is the number publicly available for trading. The total of shares that it has issued to investors is 37.06 million. The company’s management holds a total of 0.4%, while institutional investors hold about 89.2% of the remaining shares. CASY share price finished last trade -1.31% below its 20 day simple moving average and its upbeat gap from 200 day simple moving average is 9.71%, while closing the session with 0.59% distance from 50 day simple moving average.

Casey’s General Stores, Inc. (CASY) shares were last observed trading -4.77% down since February 26, 2019 when the peak of $138.45 was hit. Last month’s price growth of 2.08% puts CASY performance for the year now at 2.9%. Consequently, the shares price is trending higher by 45.83%, a 52-week worst price since Jun. 12, 2018. However, it is regaining value with 15.49% in the last 6 months. From a technical perspective, it appears more likely that the stock will experience a Bull Run market as a result of the strong support seen recently between $130.28 and $131.06. The immediate resistance area is now $133.35 Williams’s %R (14) for CASY moved to 89.19 while the stochastic %K points at 24.83.

CASY’s beta is 0.46; meaning investors could reap lower returns, although it also poses lower risks. The company allocated $4.74 per share from its yearly profit to its outstanding shares. Its last reported revenue is $2.54 billion, which was 18% versus $2.15 billion in the corresponding quarter last year. The EPS for Oct 19 quarter came in at $1.8 compared to $1.28 in the year-ago quarter and had represented 41% year-over-year earnings per share growth. CASY’s ROA is 10%, higher than the 3.12% industry average. Although a more robust percentage would be better, consideration is given to how well peers within the industry performed. Companies within the sector had an ROA of 27.95%.

Estimated quarterly earnings for Casey’s General Stores, Inc. (NASDAQ:CASY) are around $0.9 per share in three months through January with $0.59 also the estimate for April quarter of the fiscal year. It means the growth is estimated at 87.5% and 15.69%, respectively. Analysts estimate full-year growth to be 32.28%, the target being $5.04 a share. The upcoming year will see an increase in growth by percentage to 2.58%, more likely to see it hit the $5.17 per share. The firm’s current profit margin over the past 12 months is 3.8%. CASY ranks higher in comparison to an average of 3.19% for industry peers; while the average for the sector is 10.25%.