Fastenal Co. (NASDAQ:FAST) currently has a daily average trading volume of 2.57M but it saw 2304490 shares traded in last market. With a market cap of 43.50B USD, the company’s current market price of $75.93 came falling about -0.80 while comparing to the previous closing price of $76.54. In past 52 weeks, the stock remained buoying in the range of price level as high as $79.04 and as low as $56.06. In the recent trading on the day, stock has struck highest price mark of $75.35 while lowest mark touched by it was $76.31.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the BofA Securities which initiated the stock as “Buy” in its note to investors issued on October 07, 2024, recommending a price target of $85 for it. HSBC Securities also issued its recommendations for the stock as it initiated the price target for the stock is $59.
Over the week, FAST’s stock price is moving -2.37% down while it is 5.74% when we observe its performance for the past one month. Year-to-date it is 17.23% up and over the past year, the stock is showing an upside performance of 33.16%.
Currently, Fastenal Co.’s total number of outstanding shares is 571.98M. Company’s return on investment (ROI) stands at 29.54% and return on equity (ROE) at 32.70%. It has a price to earnings ratio (P/E ratio) of 37.73 while having a 34.50 of forward P/E ratio. Stock’s beta reads 1.00. Stock has a price to book (P/B) ratio of 12.09 while price to sale or P/S ratio amounts to 5.82. Its return on asset (ROA) is 24.74% on average.
