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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 2518.94, and so far today it has a volume of 2407800. Performance year to date since the 3/26/1990 is 7.20%.

To help you determine whether Fastenal Company is undervalued the following values will help you decide. P/E is 24.51 and forward P/E is 23.06. PEG perhaps more useful shows that Fastenal Company has a value for PEG of 2.65. P/S ratio is 3.16 and the P/B ratio is 6.62. The P/Cash and P/Free cash flow is 79.54 and 292.38 respectively.

At the current price Fastenal Company is trading at, 42.82 (-0.67% today), Fastenal Company has a dividend yield of 2.80%, and this is covered by a payout ratio of 66.30%. Earnings per share (EPS) is 1.75, and this is looking to grow in the next year to 6.66% after growing 6.40% this past year. EPS growth quarter over quarter is -5.40%, and 1.70% for sales growth quarter over quarter.

The number of shares outstanding is 288.83, and the number of shares float is 288.13. The senior management bring insider ownership to 0.10%, and institutional ownership is at 85.20%. The float short is 8.87%, with the short ratio at a value of 10.14. Management has seen a return on assets of 19.50%, 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 0.19 and total debt/equity is 0.23. In terms of margins, Fastenal Company has a gross margin of 49.90%, with its operating margin at 20.70%, and Fastenal Company has a profit margin of 12.90%.

The 52 week high is -13.15%, with 27.96% being its 52 week low. The 20 day simple moving average is -0.99% and the 200 day simple moving average is -0.69%.

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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Mark Hines

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