Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
After finishing at $75.11 in the prior trading day, Fastenal Co (NASDAQ: FAST) closed at $74.42, down -0.92%. In other words, the price has decreased by -$0.92 from its previous closing price. On the day, 1.27 million shares were traded. FAST stock price reached its highest trading level at $74.845 during the session, while it also had its lowest trading level at $74.31.
Ratios:
Our goal is to gain a better understanding of FAST by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 145.91 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 40.92. For the most recent quarter (mrq), Quick Ratio is recorded 2.29 and its Current Ratio is at 4.40. In the meantime, Its Debt-to-Equity ratio is 0.15 whereas as Long-Term Debt/Eq ratio is at 0.09.
On December 11, 2024, HSBC Securities Downgraded its rating to Reduce which previously was Hold but kept the price unchanged to $70.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 22 ’24 when Jansen James C sold 19,564 shares for $83.08 per share. The transaction valued at 1,625,279 led to the insider holds 26,176 shares of the business.
JAMES C. JANSEN bought 19,564 shares of FAST for $1,625,279 on Nov 22 ’24. On Nov 13 ’24, another insider, Miller Charles S., who serves as the SENIOR EXECUTIVE VP of the company, sold 23,480 shares for $83.92 each. As a result, the insider received 1,970,393 and left with 0 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FAST now has a Market Capitalization of 42634174464 and an Enterprise Value of 43097968640. As of this moment, Fastenal’s Price-to-Earnings (P/E) ratio for their current fiscal year is 36.98, and their Forward P/E ratio for the next fiscal year is 34.06. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.68. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.70 while its Price-to-Book (P/B) ratio in mrq is 11.85. Its current Enterprise Value per Revenue stands at 5.762 whereas that against EBITDA is 25.454.
Stock Price History:
Over the past 52 weeks, FAST has reached a high of $84.88, while it has fallen to a 52-week low of $61.33. The 50-Day Moving Average of the stock is -6.55%, while the 200-Day Moving Average is calculated to be 4.24%.
Shares Statistics:
The stock has traded on average 2.76M shares per day over the past 3-months and 3009660 shares per day over the last 10 days, according to various share statistics. A total of 572.88M shares are outstanding, with a floating share count of 571.76M. Insiders hold about 0.20% of the company’s shares, while institutions hold 83.01% stake in the company. Shares short for FAST as of 1732838400 were 12034574 with a Short Ratio of 4.10, compared to 1730332800 on 13265886. Therefore, it implies a Short% of Shares Outstanding of 12034574 and a Short% of Float of 2.4.
Dividends & Splits
In the trailing 12 months, FAST’s forward annual dividend rate was 1.52, compared to 1.56 this year. Against a Trailing Annual Dividend Yield of 0.020236986The stock’s 5-year Average Dividend Yield is 2.23.
