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Is Fastenal Company(NASDAQ: FAST), a large market cap stock a smart buy?

With a market cap of has a large market cap size. Fastenal Company (NASDAQ: FAST) has been on the stock market since its IPO date on the 3/26/1990. Fastenal Company is in the Industrial Equipment Wholesale industry and Services sector. Average volume for Fastenal Company, is 2564.87, and so far today it has a volume of 4002600. Performance year to date since the 3/26/1990 is 12.75%.

To help you determine whether Fastenal Company is undervalued the following values will help you decide. P/E is 25.58 and forward P/E is 23.32. PEG perhaps more useful shows that Fastenal Company has a value for PEG of 2.24. P/S ratio is 3.36 and the P/B ratio is 7.19. The P/Cash and P/Free cash flow is *TBA and 231.86 respectively.

At the current price Fastenal Company is trading at, 45.36 (0.29% today), Fastenal Company has a dividend yield of 2.65%, and this is covered by a payout ratio of 64.20%. Earnings per share (EPS) is 1.77, and this is looking to grow in the next year to 7.52% after growing 6.40% this past year. EPS growth quarter over quarter is 1.30%, and 3.50% for sales growth quarter over quarter.

The number of shares outstanding is 288.81, and the number of shares float is 287.69. The senior management bring insider ownership to 0.20%, and institutional ownership is at 90.10%. The float short is 11.61%, with the short ratio at a value of 13.02. Management has seen a return on assets of 20.30%, and also a return on investment of 24.00%.

The ability for Fastenal Company, to deal with debt, means it current ratio is 4.4, and quick ratio is 2. Long term debt/equity is 0.2 and total debt/equity is 0.2. In terms of margins, Fastenal Company has a gross margin of 50.10%, with its operating margin at 21.20%, and Fastenal Company has a profit margin of 13.20%.

The 52 week high is -8.66%, with 34.57% being its 52 week low. The 20 day simple moving average is 0.11% and the 200 day simple moving average is 7.14%.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.


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Peter Clarke

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