Fastenal Co (FAST) concluded trading on Thursday at a closing price of $74.77, with 3.94 million shares of worth about $294.88 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 6.83% during that period and on January 16, 2025 the price saw a gain of about 0.67%. Currently the company’s common shares owned by public are about 572.88M shares, out of which, 571.64M shares are available for trading.
Stock saw a price change of 2.51% in past 5 days and over the past one month there was a price change of -4.72%. Year-to-date (YTD), FAST shares are showing a performance of 3.98% which increased to 17.25% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $61.36 but also hit the highest price of $84.88 during that period. The average intraday trading volume for Fastenal Co shares is 2.69 million. The stock is currently trading 1.78% above its 20-day simple moving average (SMA20), while that difference is down -4.68% for SMA50 and it goes to 5.11% higher than SMA200.
Fastenal Co (NASDAQ: FAST) currently have 572.88M outstanding shares and institutions hold larger chunk of about 82.96% of that.
The stock has a current market capitalization of $42.83B and its 3Y-monthly beta is at 1.01. PE ratio of stock for trailing 12 months is 37.16, while it has posted earnings per share of $2.01 in the same period. Its PEG reads 4.71 and has Quick Ratio of 2.29 while making debt-to-equity ratio of 0.15. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for FAST, volatility over the week remained 1.66% while standing at 1.80% over the month.
Stock’s fiscal year EPS is expected to rise by 0.34% while it is estimated to increase by 7.75% in next year. EPS is likely to shrink at an annualized rate of 7.90% for next 5-years, compared to annual growth of 9.01% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Stifel on December 11, 2024 offering a Hold rating for the stock and assigned a target price of $86 to it. Coverage by HSBC Securities stated Fastenal Co (FAST) stock as a Reduce in their note to investors on December 11, 2024, suggesting a price target of $70 for the stock. On November 13, 2024, UBS Resumed their recommendations, while on October 07, 2024, BofA Securities Initiated their ratings for the stock with a price target of $85. Stock get an Equal-weight rating from Morgan Stanley on September 06, 2024.
