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.
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.
