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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, FAST  has a market cap of 13080.11. Since its IPO date on the 3/26/1990, Fastenal Company, FAST performance year to date is 12.57%. Today Fastenal Company, FAST has gained -2.33%, with a current price of 44.24.

Ownership of the company is 0.20% for insider ownership while institutional ownership is 90.40%. The management of the company have seen the company have a payout ratio of 64.20%. Return of assets are at 20.30%, 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 0.2. While Total debt/equity is 0.2. With a profit margin of 13.20%, this is combined with a gross margin of 50.10%, and operating margin of 21.20%. 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 10.72%. The 52-week high is -10.93%, and the 52-week low is 31.24%. The average volume for Fastenal Company, FAST is 879222.

With a target price of 44.57, can Fastenal Company, FAST reach this target? Looking at the value indicators of Fastenal Company, FAST. Fastenal Company has a P/E of 25.54 and a forward P/E of 23.14. Perhaps the more useful indicator than P/E, is PEG which has a value of 2.23. Fastenal Company also has a P/S and a P/B of 3.35 and 7.18 respectively. For P/cash, Fastenal Company has a value of *TBA, while it is 231.51 for P/free cash flow.

At the current price of 44.24, Fastenal Company has a dividend yield of 2.65%. We see a return on equity of 28.70%.

Looking more long-term Fastenal Company, is projected to get an EPS growth for the next five years of 11.44%. In the short-term an EPS growth of 7.94% 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.

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Stephen Butters

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