Fastenal Co (NASDAQ: FAST) Not A Good Play Anymore?

Fastenal Co (FAST) concluded trading on Thursday at a closing price of $82.10, with 3.31 million shares of worth about $271.81 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 5.57% during that period and on April 24, 2025 the price saw a gain of about 2.38%. Currently the company’s common shares owned by public are about 573.61M shares, out of which, 572.50M shares are available for trading.

Stock saw a price change of 2.05% in past 5 days and over the past one month there was a price change of 6.50%. Year-to-date (YTD), FAST shares are showing a performance of 14.17% which increased to 21.72% 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 3.65 million. The stock is currently trading 4.94% above its 20-day simple moving average (SMA20), while that difference is up 7.06% for SMA50 and it goes to 10.63% higher than SMA200.

Fastenal Co (NASDAQ: FAST) currently have 573.61M outstanding shares and institutions hold larger chunk of about 84.03% of that.

The stock has a current market capitalization of $47.09B and its 3Y-monthly beta is at 0.99. PE ratio of stock for trailing 12 months is 40.95, while it has posted earnings per share of $2.00 in the same period. Its PEG reads 4.81 and has Quick Ratio of 2.14 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 2.29% while standing at 3.46% over the month.

Stock’s fiscal year EPS is expected to rise by 9.34% while it is estimated to increase by 9.80% in next year. EPS is likely to grow at an annualized rate of 8.52% for next 5-years, compared to annual growth of 7.79% made by the stock over the past 5-years.

On December 11, 2024, Stifel Downgrade their recommendations, while on December 11, 2024, HSBC Securities Downgrade their ratings for the stock with a price target of $70. Stock get a Neutral rating from UBS on November 13, 2024.

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