The Technical Analyst
Fastenal Co [FAST]
Exchange: NASDAQ Sector: Industrials Industry: Industrial Distribution
Fastenal Co Price, Forecast, Insider, Ratings, Fundamentals & Signals
Current Signal: BUY (auto-tracking)
-1.50% $69.39
America/New_York / 15 apr 2024 @ 16:00
| FUNDAMENTALS | |
|---|---|
| MarketCap: | 39 721 mill |
| EPS: | 2.02 |
| P/E: | 34.35 |
| Earnings Date: | Jul 11, 2024 |
| SharesOutstanding: | 572.43 mill |
| Avg Daily Volume: | 4.15 mill |
| RATING 2024-04-15 |
|---|
| A+ |
| Strong Buy |
| RATINGS | ||
|---|---|---|
| Rating CashFlow: | Neutral | |
| Return On Equity: | Strong Buy | |
| Return On Asset: | Strong Buy | |
| DE: | Sell | |
| P/E: | Strong Buy | |
| Price To Book: | Strong Buy |
| QUARTER GROWTHS | ||||||
|---|---|---|---|---|---|---|
| 4/22 | 1/23 | 2/23 | 3/23 | 4/23 | 1/24 | |
| Revenue | ||||||
| Gr.Profit | ||||||
| Ebit | ||||||
| Asset | ||||||
| Debt |
| PE RATIO: COMPANY / SECTOR |
|---|
| 3.04x |
| Company: PE 34.35 | sector: PE 11.29 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| 1.42x |
| Company: PE 34.35 | industry: PE 24.22 |
| DISCOUNTED CASH FLOW VALUE |
|---|
|
$38.52 (-44.49%) $-30.87 |
| Date: 2024-04-16 |
| Expected Trading Range (DAY) |
|---|
|
$ 68.14 - 70.64 ( +/- 1.80%) |
| ATR Model: 14 days |
Insider Trading
| Date | Person | Action | Amount | type |
|---|---|---|---|---|
| 2024-03-15 | Miller Charles S. | Buy | 11 076 | Common Stock |
| 2024-03-15 | Miller Charles S. | Sell | 11 076 | Employee Stock Option (Right to Buy) |
| 2024-03-15 | Miller Charles S. | Sell | 11 076 | Common Stock |
| 2024-02-20 | Watts Jeffery Michael | Buy | 15 968 | Common Stock |
| 2024-02-20 | Watts Jeffery Michael | Buy | 3 452 | Common Stock |
| INSIDER POWER |
|---|
| -1.83 |
| Last 98 transactions |
| Buy: 617 198 | Sell: 654 482 |
Forecast:
16:00 - $69.40
Live Trading Signals (every 1 min)
Forecast
1: 16:00 - $69.40
Forecast 2: 16:00 - $69.40
Forecast 3: 16:00 - $69.40
SCORE
10.00
Buy
10.00
Buy
Score Algorithm Version: 1.2C
Last version updated: Fri April 15th, 2022
Last version updated: Fri April 15th, 2022
| Indicator Signals | |
|---|---|
| RSI 21 | |
| SMA | |
| Trend | |
| Trend 2 | |
| Trend 3 | |
| MACD |
| Volume Signals | |
|---|---|
| Price | $69.39 (-1.50% ) |
| Volume | 4.44 mill |
| Avg. Vol. | 4.15 mill |
| % of Avg. Vol | 106.97 % |
| Signal 1: | |
| Signal 2: |
Today
Last 12 Months
RSI
Last 10 Buy & Sell Signals For FAST
0 Signals | Accuracy: 0.00% | Accuracy Buy: 0.00% | Accuracy Sell: 0.00%
Avg return buy: 0.00 % | Avg return sell: 0.00 %
$1 invested is now $1.00 or 0.00% since Coming Soon
| Date | Signal | @ | Closed | % | Feb 8 - 15:35 | buy | $69.28 | N/A | Active |
|---|
FAST
Fastenal Company, together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, Mexico, North America, and internationally. It offers fasteners, and related industrial and construction supplies under the Fastenal name. The company's fastener products include threaded fasteners, bolts, nuts, screws, studs, and related washers, which are used in manufactured products and construction projects, as well as in the maintenance and repair of machines. It also offers miscellaneous supplies and hardware, including pins, machinery keys, concrete anchors, metal framing systems, wire ropes, strut products, rivets, and related accessories. The company serves the manufacturing market comprising original equipment manufacturers; maintenance, repair, and operations; and non-residential construction market, which includes general, electrical, plumbing, sheet metal, and road contractors. It also serves farmers, truckers, railroads, mining companies, schools, and retail trades; and oil exploration, production, and refinement companies, as well as federal, state, and local governmental entities. The company distributes its products through a network of 3,209 in-market locations and 15 distribution centers. Fastenal Company was founded in 1967 and is headquartered in Winona, Minnesota.
Last 10 Buy Signals
Latest Press Releases
2024-04-11 06:50:00 - Press Release
Fastenal Company Reports 2024 First Quarter Earnings
Winona, minn.--(business wire)--fastenal company (nasdaq:fast), a leader in the wholesale distribution of industrial and construction supplies, today announced its financial results for the quarter ended march 31, 2024. except for share and per share information, or as otherwise noted below, dollar amounts are stated in millions. throughout this document, percentage and dollar calculations, which are based on non-rounded dollar values, may not be able to be recalculated using the dollar values.
2024-04-10 16:15:00 - Press Release
Fastenal Company Announces Cash Dividend
Winona, minn.--(business wire)--fastenal company (nasdaq:fast) reported its board of directors declared a dividend of $0.39 per share to be paid in cash on may 23, 2024 to shareholders of record at the close of business on april 25, 2024. except for share and per share information, dollar amounts are stated in millions. we began paying annual dividends in 1991, semi-annual dividends in 2003, and then expanded to quarterly dividends in 2011. in addition to these regular dividend payments, fasten.
2024-03-28 16:05:00 - Press Release
Fastenal Releases 2024 Environmental, Social, And Governance (esg) Report
Winona, minn.--(business wire)--fastenal company (nasdaq: fast) is proud to announce the publication of its 2024 esg report. the report, which recaps fastenal's performance and progress in the year ending december 31, 2023, was produced with reference to the global reporting initiative (gri) standards and aligns with the esg disclosure and reporting frameworks established by the sustainability accounting standards board (sasb, now part of the ifrs foundation) and the taskforce on climate-relate.
2024-03-27 16:15:00 - Press Release
Fastenal Company Announces Conference Call To Review 2024 First Quarter Earnings
Winona, minn.--(business wire)--fastenal company (nasdaq:fast) announced the date and time for its conference call to review 2024 first quarter results, as well as current operations. the conference call will be broadcast live over the internet on thursday, april 11, 2024 at 9:00 a.m. central time. to access the call, please visit the following web address: https://investor.fastenal.com/events.cfm our conference call presentation (which includes information, supplemental to that contained in ou.
2024-03-05 16:15:00 - Press Release
Fastenal Receives Ecovadis Silver Medal For Sustainability
Winona, minn.--(business wire)--fastenal company (nasdaq: fast), a leader in the wholesale distribution of industrial and construction supplies, is proud to announce it has been awarded a silver medal from ecovadis. the award, which is based on an assessment completed by ecovadis in late 2023, signifies that the quality of fastenal's sustainability management system ranks in the top 25% of all companies in all industries rated by ecovadis. ecovadis uses a broad range of criteria to score compan.
Latest News
2024-04-15 13:15:19 - Zacks Investment Research
5 Beaten-Down Top-Ranked Stocks to Buy in S&P 500 ETF
The S&P 500 logs its worst week since October 2023. The beaten-down stocks, having a solid Zacks Rank #2 (Buy), offer a good entry point.
2024-04-12 10:46:03 - Zacks Investment Research
EBAY to Boost Collectibles Offering With Latest Agreement
EBAY enters into a definitive agreement with Collectors to acquire the latter's subsidiary for trading cards and collectibles, Goldin, expanding its collectibles portfolio.
2024-04-12 10:36:07 - Zacks Investment Research
Fastenal (FAST) Loses -7.16% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
Fastenal (FAST) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
2024-04-11 15:44:00 - The Motley Fool
Why Fastenal Stock Fell Today
Fastenal posted a slight miss in the first quarter, and said demand weakness continues to be an issue. The company is weathering a tough period relatively well, but needs customer demand to increase before it can really accelerate from here.
2024-04-11 13:28:08 - Forbes
Daily Dividend Report: Lennar, Costco, H.B. Fuller, Fastenal, Conagra
Lennar, one of the nation's leading homebuilders, announced that its Board of Directors has declared a quarterly cash dividend of $0.50 per share for both Class A and Class B common stock payable on May 8, 2024 to holders of record at the close of business on April 24, 2024.
2024-04-11 12:07:05 - MarketBeat
Dividend Aristocrat Fastenal Goes on Sale: Buy It While It's Down
Dividend Aristocrat Fastenal NASDAQ: FAST fell about 5% after its Q1 release and may fall further. Not because the business is flagging but because the valuation has run up to unsustainable levels.
2024-04-11 11:55:48 - Investopedia
Fastenal Stock Slips After Q1 Results Miss Estimates on 'Poor Demand'
Shares of Fastenal (FAST) slipped Thursday as the distributor of fasteners and tools attributed lower-than-expected quarterly results to weakness in the manufacturing sector.
2024-04-11 11:19:07 - Seeking Alpha
Fastenal Company (FAST) Q1 2024 Earnings Call Transcript
Fastenal Company (NASDAQ:FAST ) Q1 2024 Earnings Conference Call April 11, 2024 10:00 AM ET Company Participants Taylor Ranta - Financial Reporting & Regulatory Compliance Manager Dan Florness - President & Chief Executive Officer Holden Lewis - Chief Financial Officer Conference Call Participants Tommy Moll - Stephens Chris Snyder - UBS Stephen Volkmann - Jefferies Jacob Levinson - Melius Research Patrick Baumann - JPMorgan Ryan Merkel - William Blair Operator Hello, and welcome to the Fastenal 2024 Q1 Earnings Results Conference Call. [Operator Instructions] A question-and-answer session will follow the formal presentation.
2024-04-11 11:11:08 - Zacks Investment Research
Fastenal (FAST) Q1 Earnings & Sales Miss Estimates, Shares Down
Fastenal's (FAST) first-quarter performance reflects the influence of adverse weather conditions and the effects of customer and product mix.
2024-04-11 10:31:13 - Zacks Investment Research
Here's What Key Metrics Tell Us About Fastenal (FAST) Q1 Earnings
Although the revenue and EPS for Fastenal (FAST) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.