Fastenal (FAST) – A Closer Look at a Leading Stock

After moving 0.2% during today's evening session, Fastenal Company is now trading at a price of $54.6 per share. On average, analysts give it a target price of $57.7.

Fastenal Company, together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, Mexico, and internationally.

Fastenal Company Investors Should Consider This:

  • Fastenal Company has moved 9.0% over the last year.

  • The company has a price to earnings growth (PEG) ratio of 4.33. A number between 0 and 1 could mean that the market is undervaluing Fastenal Company's estimated growth potential

  • Its Price to Book (P/B) ratio is 9.23

  • Fastenal Company currently returns an annual dividend yield of 2.4%.

Understanding Fastenal Company's Operating Margins

Date Reported Total Revenue ($ k) Operating Expenses ($ k) Operating Margins (%) YoY Growth (%)
2023-02-07 6,980,600 -1,762,200 21 5.0
2022-02-07 6,010,900 -1,559,800 20 0.0
2021-02-08 5,647,300 -1,426,000 20 0.0
2020-02-06 5,333,700 -1,458,200 20 0.0
2019-02-06 4,965,100 -1,400,200 20 0.0
2018-02-05 4,390,500 -1,282,800 20

Fastenal Company's operating margins have averaged 20.2% over the last 6 years, which is significantly higher than the Home Improvement Retail industry average of 13.85%. The firm's margins exhibit a relatively stable growth trend of 0.7%.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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