Currently, there are 1.15B common shares owned by the public and among those 1.14B shares have been available to trade.
The company’s stock has a 5-day price change of 3.71% and 10.46% over the past three months. FAST shares are trading 18.82% year to date (YTD), with the 12-month market performance up to 33.48% higher. It has a 12-month low price of $30.68 and touched a high of $42.44 over the same period. FAST has an average intraday trading volume of 6.98 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 3.66%, 6.22%, and 11.68% respectively.
Institutional ownership of Fastenal Co (NASDAQ: FAST) shares accounts for 85.28% of the company’s 1.15B shares outstanding.
It has a market capitalization of $49.01B and a beta (3y monthly) value of 0.97. The stock’s trailing 12-month PE ratio is 42.62, while the earnings-per-share (ttm) stands at $1.00. The company has a PEG of 4.93 and a Quick Ratio of 2.14 with the debt-to-equity ratio at 0.13. Price movements for the stock have been influenced by the stock’s volatility, which stands at 0.67% over the week and 1.04% over the month.
Earnings per share for the fiscal year are expected to increase by 9.31%, and 9.82% over the next financial year. EPS should grow at an annualized rate of 8.65% over the next five years, compared to 7.79% over the past 5-year period.
Stifel was of a view on December 11, 2024 that the stock is Hold, while HSBC Securities gave the stock Reduce rating on December 11, 2024, issuing a price target of $70. UBS on their part issued Neutral rating on November 13, 2024.
