Fastenal Co. (NASDAQ: FAST) kicked off on Friday, up 0.30% from the previous trading day, before settling in for the closing price of $75.62. Over the past 52 weeks, FAST has traded in a range of $56.06-$79.04.
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During the last 5-year period, the sales growth of Industrials Sector giant was 8.22%. While this was happening, its average annual earnings per share was recorded 0.82%. With a float of $571.72 million, this company’s outstanding shares have now reached $571.98 million.
Let’s determine the extent of company efficiency that accounts for 23201 employees. In terms of profitability, gross margin is 43.6%, operating margin of 20.31%, and the pretax margin is 20.29%.
Fastenal Co. (FAST) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Industrial Distribution Industry. The insider ownership of Fastenal Co. is 0.20%, while institutional ownership is 83.00%. The most recent insider transaction that took place on Oct 16 ’24, was worth 52,945. In this transaction EVP-OPERATIONS of this company sold 680 shares at a rate of $77.86, taking the stock ownership to the 0 shares. Before that another transaction happened on Oct 16 ’24, when Company’s EXECUTIVE VICE-PRESIDENT sold 16,362 for $77.65, making the entire transaction worth $1,270,573. This insider now owns 5,997 shares in total.
Fastenal Co. (FAST) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 0.46 earnings per share (EPS), higher than consensus estimate (set at 0.45) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.53 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 0.82% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.79% during the next five years compared to 9.01% growth over the previous five years of trading.
Fastenal Co. (NASDAQ: FAST) Trading Performance Indicators
Take a look at Fastenal Co.’s (FAST) current performance indicators. Last quarter, stock had a quick ratio of 2.29. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.81. Likewise, its price to free cash flow for the trailing twelve months is 41.71.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.01, a number that is poised to hit 0.48 in the next quarter and is forecasted to reach 2.20 in one year’s time.
Technical Analysis of Fastenal Co. (FAST)
Looking closely at Fastenal Co. (NASDAQ: FAST), its last 5-days average volume was 2.67 million, which is a drop from its year-to-date volume of 3.35 million. As of the previous 9 days, the stock’s Stochastic %D was 30.64%. Additionally, its Average True Range was 1.42.
During the past 100 days, Fastenal Co.’s (FAST) raw stochastic average was set at 83.30%, which indicates a significant increase from 69.05% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 39.70% in the past 14 days, which was higher than the 24.43% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $70.89, while its 200-day Moving Average is $69.34. However, in the short run, Fastenal Co.’s stock first resistance to watch stands at $76.25. Second resistance stands at $76.64. The third major resistance level sits at $77.11. If the price goes on to break the first support level at $75.39, it is likely to go to the next support level at $74.92. Should the price break the second support level, the third support level stands at $74.53.
Fastenal Co. (NASDAQ: FAST) Key Stats
The company with the Market Capitalisation of 43.45 billion has total of 572,547K Shares Outstanding. Its annual sales at the moment are 7,347 M in contrast with the sum of 1,155 M annual income. Company’s last quarter sales were recorded 1,910 M and last quarter income was 298,100 K.
