Fastenal Co (NASDAQ:FAST) currently has a daily average trading volume of 7.24M but it saw 4868541 shares traded in last market. With a market cap of 46.90B USD, the company’s current market price of $40.88 came falling about -0.75 while comparing to the previous closing price of $41.19. In past 52 weeks, the stock remained buoying in the range of price level as high as $42.44 and as low as $30.68. In the recent trading on the day, stock has struck highest price mark of $40.63 while lowest mark touched by it was $41.33.
Stifel issued its recommendations for the stock as it downgraded the price target for the stock is $86.
Over the week, FAST’s stock price is moving -1.42% down while it is -0.80% when we observe its performance for the past one month. Year-to-date it is 13.70% up and over the past year, the stock is showing an upside performance of 23.92%.
The company is expected to be releasing its next quarterly report on 2025-Apr-10, for which analysts forecasted an EPS of 0.28 while estimate for next year EPS is 1.09. In next quarter, company is expected to be making quarterly sales of $2.09B as analysts are expecting the sales for current fiscal year at $8.12B and seeing the company making $8.8B in sales next year. Moreover, analysts are in estimates of $2.06B for current-quarter revenue.
Currently, Fastenal Co’s total number of outstanding shares is 1.15B with 0.17% of that held by the insiders while 87.95% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 28.72% and return on equity (ROE) at 32.35%. It has a price to earnings ratio (P/E ratio) of 40.78 while having a 34.03 of forward P/E ratio. Stock’s beta reads 0.97. Stock has a price to book (P/B) ratio of 12.71 while price to sale or P/S ratio amounts to 6.16. Its return on asset (ROA) is 24.49% on average.
