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A look at a High Market Cap Stock: Fastenal Company, FAST

Fastenal Company, FAST is in the exchange NASDAQ and its industry is Industrial Equipment Wholesale in the sector of Services. Based in USA, Fastenal Company, FASTĀ  has a market cap of 11191.45. Since its IPO date on the 3/26/1990, Fastenal Company, FAST performance year to date is -4.01%. Today Fastenal Company, FAST has gained 0.00%, with a current price of 38.34.

Ownership of the company is 0.10% for insider ownership while institutional ownership is 85.30%. The management of the company have seen the company have a payout ratio of 66.30%. Return of assets are at 19.50%, with return on investment at 24.00%.

In terms of debt levels and profit levels, Fastenal Company, FAST is seeing a long-term debt/equity of 0.19. While Total debt/equity is 0.23. With a profit margin of 12.90%, this is combined with a gross margin of 49.90%, and operating margin of 20.70%. Fastenal Company ability to meet debt levels, with a current ratio of 4.4, while the quick ratio is 2.

For the last year Fastenal Company, FAST has seen a EPS growth of 6.40%. A performance for the year of 3.57%. The 52-week high is -22.24%, and the 52-week low is 11.63%. The average volume for Fastenal Company, FAST is 3368025.

With a target price of 43.67, can Fastenal Company, FAST reach this target? Looking at the value indicators of Fastenal Company, FAST. Fastenal Company has a P/E of 21.95 and a forward P/E of 20.69. Perhaps the more useful indicator than P/E, is PEG which has a value of 2.37. Fastenal Company also has a P/S and a P/B of 2.86 and 5.93 respectively. For P/cash, Fastenal Company has a value of 71.97, while it is 264.57 for P/free cash flow.

At the current price of 38.34, Fastenal Company has a dividend yield of 3.13%. We see a return on equity of 27.80%.

Looking more long-term Fastenal Company, is projected to get an EPS growth for the next five years of 9.26%. In the short-term an EPS growth of 6.56% in the next year is forecasted. This is after a EPS growth of 6.40% for this year and for the last five years a 14.50% growth has been seen.

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.

About the author

Peter Clarke

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