Fastenal Co (FAST) concluded trading on Thursday at a closing price of $77.85, with 4.61 million shares of worth about $358.55 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 16.06% during that period and on March 06, 2025 the price saw a gain of about 4.51%. Currently the company’s common shares owned by public are about 573.32M shares, out of which, 572.33M shares are available for trading.
Stock saw a price change of 5.07% in past 5 days and over the past one month there was a price change of 6.37%. Year-to-date (YTD), FAST shares are showing a performance of 8.26% which increased to 4.09% 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 3.02 million. The stock is currently trading 4.21% above its 20-day simple moving average (SMA20), while that difference is up 4.93% for SMA50 and it goes to 8.15% higher than SMA200.
Fastenal Co (NASDAQ: FAST) currently have 573.32M outstanding shares and institutions hold larger chunk of about 84.13% of that.
The stock has a current market capitalization of $44.64B and its 3Y-monthly beta is at 1.08. PE ratio of stock for trailing 12 months is 38.86, while it has posted earnings per share of $2.00 in the same period. Its PEG reads 5.01 and has Quick Ratio of 2.28 while making debt-to-equity ratio of 0.13. 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 2.87% while standing at 1.98% over the month.
Stock’s fiscal year EPS is expected to rise by 7.45% while it is estimated to increase by 9.05% in next year. EPS is likely to shrink at an annualized rate of 7.76% for next 5-years, compared to annual growth of 7.79% 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.
