A new trading day began on Monday, with Fastenal Co (NASDAQ: FAST) stock price up 0.98% from the previous day of trading, before settling in for the closing price of $75.53. FAST’s price has ranged from $61.36 to $84.88 over the past 52 weeks.
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During the last 5-year period, the sales growth of Industrials Sector giant was 7.28%. Meanwhile, its annual earnings per share averaged 7.78%. With a float of $571.75 million, this company’s outstanding shares have now reached $573.32 million.
Let’s determine the extent of company efficiency that accounts for 23201 employees. In terms of profitability, gross margin is 44.01%, operating margin of 20.01%, and the pretax margin is 19.99%.
Fastenal Co (FAST) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Industrial Distribution Industry. The insider ownership of Fastenal Co is 0.20%, while institutional ownership is 82.82%. The most recent insider transaction that took place on Nov 22 ’24, was worth 1,625,279. In this transaction Executive Vice President of this company sold 19,564 shares at a rate of $83.08, taking the stock ownership to the 26,176 shares. Before that another transaction happened on Nov 22 ’24, when Company’s Officer proposed sale 19,564 for $83.08, making the entire transaction worth $1,625,279.
Fastenal Co (FAST) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.55 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 7.78% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.85% during the next five years compared to 7.75% growth over the previous five years of trading.
Fastenal Co (NASDAQ: FAST) Trading Performance Indicators
Here are Fastenal Co’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.28. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.79. Likewise, its price to free cash flow for the trailing twelve months is 46.15.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.00, a number that is poised to hit 0.52 in the next quarter and is forecasted to reach 2.35 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 3.36 million, which is a jump from its year-to-date volume of 3.35 million. As of the previous 9 days, the stock’s Stochastic %D was 66.84%. Additionally, its Average True Range was 1.44.
During the past 100 days, Fastenal Co’s (FAST) raw stochastic average was set at 58.59%, which indicates a significant decrease from 77.13% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 14.08% in the past 14 days, which was lower than the 24.14% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $77.73, while its 200-day Moving Average is $71.13. However, in the short run, Fastenal Co’s stock first resistance to watch stands at $76.68. Second resistance stands at $77.09. The third major resistance level sits at $77.87. If the price goes on to break the first support level at $75.49, it is likely to go to the next support level at $74.71. Should the price break the second support level, the third support level stands at $74.30.
Fastenal Co (NASDAQ: FAST) Key Stats
With a market capitalization of 43.69 billion, the company has a total of 572,886K Shares Outstanding. Currently, annual sales are 7,546 M while annual income is 1,151 M. The company’s previous quarter sales were 1,825 M while its latest quarter income was 262,100 K.
