Stock Updates

Morning Trending Tickers: Fastenal Company (FAST)

Today’s top gainers include the company Fastenal Company (NASDAQ:FAST) which is in the industry Industrial Equipment Wholesale, gaining 1.51% today. In the last week its performance is -4.54%, and -14.56% for the past quarter. Currently, Fastenal Company, FAST has a target price of 49.1, so today’s gain of 1.51% is a significant step towards its target price. The GAP today is therefore -0.21%.

Fastenal Company (NASDAQ:FAST), has a market cap of 12.49 B, and is based in USA. Insider ownership is at 0.30%, and institutional ownership is 86.30%.

At the current price of 42.94, it has a dividend yield of 2.98%, and its target price is 49.1. This is with a profit margin of 12.60%, and total debt/equity of 0.18. Fastenal Company (NASDAQ:FAST) has a P/E of 24.34, as well as a forward P/E of 21.03.

With a current EPS of 1.76, and a forecasted EPS growth for next year at 9.43%,Fastenal Company (NASDAQ:FAST) has had a EPS growth for the past five years at 7.40%. For the next five years EPS growth is projected to be 8.98%.

Performance for the year is -2.67%. Since its IPO date on 3/26/1990, the total performance to date is -7.36%.

Volume today for Fastenal Company (NASDAQ:FAST), is 4327391, while its average volume is 2739.57. Whilst the total gain today was 1.51%, it did have a day high of -18.01%.

Volatility for this week has been at 2.35%, and 1.89% for the month. The 52-week low for Fastenal Company, FAST has been 16.34%, while the 52-week-high has reached -18.01%.

Looking at its return of investments, which is 21.80%, and its return on assets is 18.60%. Fastenal Company (NASDAQ:FAST) has an operating margin of 20.10%. With a sales growth of 6.20% quarter over quarter. Bearing in mind that Fastenal Company, FAST is in the sector Services, its long-term debt/equity is 0.18, and has a current ratio of 4.9 and 2.2 for quick ratio.

So what is the value of Fastenal Company? Well its PEG is 2.71, and the P/S is 3.1, along with a P/B of 6.27. Meanwhile it has a p/cash of 92.98.

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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Tony Dabbs

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