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Fastenal Company (FAST)
NASDAQ:FAST
Fastenal Company (FAST) Stock Price & Analysis
1,097 Followers
FAST Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$52.56 - $78.58
Previous Close$67.89
Volume3.23M
Average Volume (3M)3.38M
Market Cap
$38.88B
Enterprise Value$39.14B
Total Cash (Recent Filing)$255.50M
Total Debt (Recent Filing)$516.20M
Price to Earnings (P/E)33.8
Beta0.90
Next Earnings
Oct 11, 2024EPS Estimate
$0.52Next Dividend Ex-Date
Jul 26, 2024Dividend Yield2.18%
Share Statistics
EPS (TTM)2.01
Shares Outstanding572,547,449
10 Day Avg. Volume3,169,179
30 Day Avg. Volume3,375,379
Standard Deviation0.07
R-Squared0.59
Alpha0.00501
Financial Highlights & Ratios
Price to Book (P/B)10.91
Price to Sales (P/S)21.27
Price to Cash Flow (P/CF)27.90
P/FCF Ratio32.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue5.28
Enterprise Value/Gross Profit11.67
Enterprise Value/Ebitda23.05
Forecast
1Y Price Target
$69.00Price Target Upside1.63% Upside
Rating ConsensusHold
Number of Analyst Covering6
Fastenal Company News
PremiumCompany Announcements
Fastenal Company Announces New President and Sales Leadership
Bulls Say, Bears Say
Bulls Say
Management ConfidenceManagement expressed confidence in returning to historical +5-6% outgrowth over the market/IP vs. recent ~3-4% levels as leadership/reorganization changes are driving expected results.
Revenue GrowthStrong growth driver momentum and related revenue ramping are expected into 2H24/2025.
Sales PerformanceJune sales growth of 3.3% was above what we believe to have been a 2-3% bogey.
Bears Say
Customer SentimentCustomer sentiment remains challenging with RVPs seeing more layoffs, shift reductions, and planned plant shutdowns.
Product And Market VarianceVariance across most customer and product end markets in May were negative.
Sales PerformanceOrganic daily sales in May increased 1.5% Y/Y, up slightly vs. April's +0.7% but consistent with continued softness in the PMIs and continuing to run below 2Q consensus expectations.
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Ownership Overview
5.35% Insiders
21.09% Mutual Funds
32.09% Other Institutional Investors
41.47% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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FAST FAQ
What was Fastenal Company’s price range in the past 12 months?
Fastenal Company lowest stock price was $52.56 and its highest was $78.58 in the past 12 months.
What is Fastenal Company’s market cap?
Currently, no data Available
When is Fastenal Company’s upcoming earnings report date?
Fastenal Company’s upcoming earnings report date is Oct 11, 2024 which is in 82 days.
How were Fastenal Company’s earnings last quarter?
Fastenal Company released its earnings results on Jul 12, 2024. The company reported $0.51 earnings per share for the quarter, beating the consensus estimate of $0.509 by $0.001.
Is Fastenal Company overvalued?
According to Wall Street analysts Fastenal Company’s price is currently Undervalued.
Does Fastenal Company pay dividends?
Fastenal Company pays a Notavailable dividend of $0.39 which represents an annual dividend yield of 2.18%. See more information on Fastenal Company dividends here
What is Fastenal Company’s EPS estimate?
Fastenal Company’s EPS estimate is $0.52.
How many shares outstanding does Fastenal Company have?
Fastenal Company has 572,646,100 shares outstanding.
What happened to Fastenal Company’s price movement after its last earnings report?
Fastenal Company reported an EPS of $0.51 in its last earnings report, beating expectations of $0.509. Following the earnings report the stock price went up 1.979%.
Which hedge fund is a major shareholder of Fastenal Company?
Among the largest hedge funds holding Fastenal Company’s share is Provident Trust Co. It holds Fastenal Company’s shares valued at 213M.
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Fastenal Company Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$69.00 (1.63% Upside)
$69.00 (1.63% Upside)
Blogger Sentiment
Bullish
FAST Sentiment 80%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 657.8K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $669.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 2.4%
Last 30 Days ▲ 6.8%
Last 30 Days ▲ 6.8%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
22.08%
12-Months-Change
Fundamentals
Return on Equity
33.51%
Trailing 12-Months
Asset Growth
0.58%
Trailing 12-Months
Company Description
Fastenal Company
Incorporated in 1967, Fastenal Co. is a Minnesota-based company, which is engaged in the wholesale distribution of industrial and construction supplies. It offers fasteners, and related industrial and construction supplies under the Fastenal name.
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FAST Company Deck
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FAST Earnings Call
Q2 2024
0:00 / 0:00
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FAST Net sales Breakdown
32.40% Fasteners
21.20% Safety supplies
8.50% Tools
8.40% Janitorial supplies
29.50% Other
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FAST Stock 12 Month Forecast
Average Price Target
$69.00
▲(1.63% Upside)
Technical Analysis
Best Analysts Covering FAST
1 Year
1 Year Success Rate
10/10 ratings generated profit
1 Year Average Return
+27.91%
reiterated a buy rating 6 months ago
Copying John Eade's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +27.91% per trade.
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