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Fastenal Company (FAST)
NASDAQ:FAST
Holding FAST?
Track your performance easily
FAST Stock Chart & Stats
Day’s Range― - ―
52-Week Range$61.36 - $84.88
Previous CloseN/A
Volume688.17K
Average Volume (3M)2.80M
Market Cap
$42.83B
Enterprise Value$41.24B
Total Cash (Recent Filing)$112.70M
Total Debt (Recent Filing)$379.50M
Price to Earnings (P/E)36.9
Beta0.94
Next Earnings
Jan 17, 2025EPS Estimate
0.48Last Dividend Ex-Date
Oct 25, 2024Dividend Yield2.1%
Share Statistics
EPS (TTM)2.01
Shares Outstanding572,886,500
10 Day Avg. Volume2,891,293
30 Day Avg. Volume2,801,346
Standard Deviation0.07
R-Squared0.53
Alpha0.00439
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)5.69
Price to Cash Flow (P/CF)35.80
P/FCF Ratio44.80
Enterprise Value/Market Cap0.96
Enterprise Value/Revenue5.51
Enterprise Value/Gross Profit12.29
Enterprise Value/Ebitda24.29
Forecast
1Y Price Target
$86.63Price Target Upside15.86% Upside
Rating ConsensusHold
Number of Analyst Covering8
Fastenal Company News
Bulls Say, Bears Say
Bulls Say
Operating LeverageBetter operating leverage is expected in 4Q24 than in the prior 9 months this year.
Sales GrowthFastenal is expected to achieve mid- to high-single-digit sales growth in FY25 primarily from market share gains.
US ReshoringFastenal is seen as an under-appreciated beneficiary of US reshoring, which could positively impact its future performance.
Bears Say
Financial PerformanceFree Cash Flow is projected to decrease significantly year-over-year.
Growth MomentumThe 2-year stack performance deteriorated in October, indicating challenges in maintaining growth momentum.
Market ConditionsThe reseller market, which has been dragged by destocking, was a ~1pt drag on results.
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Ownership Overview
0.18% Insiders
20.43% Mutual Funds
0.88% Other Institutional Investors
47.34% 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 $61.36 and its highest was $84.88 in the past 12 months.
What is Fastenal Company’s market cap?
Fastenal Company’s market cap is $42.83B.
When is Fastenal Company’s upcoming earnings report date?
Fastenal Company’s upcoming earnings report date is Jan 17, 2025 which is yesterday.
How were Fastenal Company’s earnings last quarter?
Fastenal Company released its earnings results on Oct 11, 2024. The company reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.513 by $0.007.
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 $1.556 which represents an annual dividend yield of 2.1%. See more information on Fastenal Company dividends here
What is Fastenal Company’s EPS estimate?
Fastenal Company’s EPS estimate is 0.48.
How many shares outstanding does Fastenal Company have?
Fastenal Company has 572,886,500 shares outstanding.
What happened to Fastenal Company’s price movement after its last earnings report?
Fastenal Company reported an EPS of $0.52 in its last earnings report, beating expectations of $0.513. Following the earnings report the stock price went up 9.752%.
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 198M.
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Fastenal Company Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$86.63 (15.86% Upside)
$86.63 (15.86% Upside)
Blogger Sentiment
Bullish
FAST Sentiment 100%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 38.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $20.6M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 0.1%
Last 30 Days ▼ 0.5%
Last 30 Days ▼ 0.5%
News Sentiment
Bullish
Bullish news 67%
Bearish news 33%
Bearish news 33%
Technicals
SMA
Positive
20 days / 200 days
Momentum
19.89%
12-Months-Change
Fundamentals
Return on Equity
32.70%
Trailing 12-Months
Asset Growth
3.08%
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
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call highlighted some positive developments, such as an improved sales rate in September, strong digital growth, and effective cost management. However, these positives were balanced by challenges in the macroeconomic environment, including sluggish end markets and gross margin pressures due to unfavorable mix and increased import duties.Read More>---
FAST Net sales Breakdown
55.45% Branch
39.84% Onsite
4.72% Other
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FAST Stock 12 Month Forecast
Average Price Target
$86.63
▲(15.86% Upside)
Technical Analysis
WW Grainger
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DXP Enterprises
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Watsco
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Applied Industrial Technologies
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Best Analysts Covering FAST
1 Year
1 Year Success Rate
10/10 ratings generated profit
1 Year Average Return
+28.62%
reiterated a buy rating 12 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 +28.62% per trade.
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