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Bank earnings lift markets to highsThis summary was created by AI, based on 2 opinions in the last 12 months.
Fastenal Company (FAST-Q) is recognized as a quality business with resilient profits driven by robust manufacturing activity. While one expert has raised concerns about its sensitivity to the industrial capex cycle and an uncertain economic outlook, the company is also noted for its impressive margins of 45%. The valuation metrics show that FAST-Q trades at a higher forward PE of 32x compared to 3M's 17x PE, as it captures earnings momentum in a competitive environment. Fastenal's position in the capital goods sector, along with its growth trajectory, signifies strong operational capabilities, though the premium valuation reflects both its growth potential and inherent risks related to economic softness.
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.
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, 2 stock analysts published opinions about FAST-Q. 1 analyst recommended to BUY the stock. 1 analyst 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.
2 stock analysts on Stockchase covered Fastenal Company In the last year. It is a trending stock that is worth watching.
On 2025-02-07, Fastenal Company (FAST-Q) stock closed at a price of $73.84.
The sold it over the summer. They report next week, A quality business but economically sensitive to the industrial capex cycle. Not a bad company. He sold it to buy more 3M. A reason to sell is that we may not see the soft landing to the economy. It trades at 32x forward PE vs.17x PE in 3M, which runs a more diversified business.