This summary was created by AI, based on 1 opinions in the last 12 months.
Experts are highly optimistic about Fastenal Company, citing resilient profits, strong margins, and significant growth potential. They are leveraging the rising manufacturing activity and have an impressive earnings momentum. The company's premium valuation is supported by their outstanding performance and the consensus is overwhelmingly positive.
If you want a case study for the anatomy of exceptional dividend growth, this would be the company. Back in 2005 they had a low payout ratio and were growing top and bottom lines, and then they increased the payout ratio. Their dividend in 2005 went to $0.16 a share, and then went to $1 per share in 2014, a 23% dividend growth per share in 10 years. The dividend is secure although it is growing at a slower rate.
(Market Call Minute.) Great, great company in the past. Has a very high valuation. Stock is expensive.
Fastenal Company is a American stock, trading under the symbol FAST-Q on the NASDAQ (FAST). It is usually referred to as NASDAQ:FAST or FAST-Q
In the last year, 1 stock analyst published opinions about FAST-Q. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Fastenal Company.
Fastenal Company was recommended as a Top Pick by on . Read the latest stock experts ratings for Fastenal Company.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered Fastenal Company In the last year. It is a trending stock that is worth watching.
On 2024-04-24, Fastenal Company (FAST-Q) stock closed at a price of $67.76.
Resilient profits and leveraged to rising manufacturing activity. Are one of the fastest-growing capital goods companies and boast terrific margins at 45%. Super positioning. Premium valuation but that's supported due to earnings momentum.