What Fastenal Company (FAST) Investors Need to Know

More and more people are talking about Fastenal Company over the last few weeks. Is it worth buying the Home Improvement Retail stock at a price of $60.83? Only time will tell. The information below will give you a basic idea of what this investment may entail:

  • Fastenal Company has moved 19.0% over the last year, and the S&P 500 logged a change of 15.0%

  • FAST has an average analyst rating of hold and is 2.53% away from its mean target price of $59.33 per share

  • Its trailing earnings per share (EPS) is $1.98

  • Fastenal Company has a trailing 12 month Price to Earnings (P/E) ratio of 30.7 while the S&P 500 average is 15.97

  • Its forward earnings per share (EPS) is $2.12 and its forward P/E ratio is 28.7

  • The company has a Price to Book (P/B) ratio of 10.03 in contrast to the S&P 500's average ratio of 2.95

  • Fastenal Company is part of the Consumer Discretionary sector, which has an average P/E ratio of 22.33 and an average P/B of 3.12

  • FAST has reported YOY quarterly earnings growth of 4.1% and gross profit margins of 0.5%

  • The company has a free cash flow of $1.01 Billion, which refers to the total sum of all its inflows and outflows of cash over the last quarter

  • Fastenal Company, together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, Mexico, 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 customers; 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. Fastenal Company was founded in 1967 and is headquartered in Winona, Minnesota.

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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