NASDAQ:FAST

81.85
0.31 (0.38%) 1d
0

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Investor Insights

This summary was created by AI, based on 2 opinions in the last 12 months.

Based on the reviews from different experts, it can be concluded that Fastenal Company is a quality business with a sensitive economic nature, resilient profits, and leveraged to rising manufacturing activity. The company's valuation is considered premium, and it faces potential economic challenges. However, it boasts terrific margins and is one of the fastest-growing capital goods companies. The stock is viewed as potentially overvalued due to its high forward PE ratio compared to a more diversified business like 3M. Overall, it is seen as a strong business with some economic risks and a premium valuation.

Consensus
Mixed
Valuation
Overvalued
SELL
Fastenal Company

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.

misc industrial products
BUY
Fastenal Company

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.

misc industrial products
PAST TOP PICK
Fastenal Company
(A Top Pick May 03/21, Down 2%) Very basic company that is a staple in the economy. Share prices have fallen in market selloff. Has continued to hold shares. Believes is a good long term investment. Very boring business with excellent growth prospects.
misc industrial products
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
Fastenal Company
(A Top Pick Oct 15/20, Up 23.2%)Stockchase Research Editor: Michael O’Reilly Our PAST TOP PICK with FAST has triggered its stop at $55. To remain disciplined, we recommend covering the position at this time. This results in a net investment gain of 20%, when combined with the previous recommendation to cover half the position.
misc industrial products
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
Fastenal Company
(A Top Pick Oct 15/20, Up 27.7%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with FAST is progressing well. We now recommend trailing up the stop (from $46.50) to $55.00.
misc industrial products
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
Fastenal Company
(A Top Pick Oct 15/20, Up 18.7%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with FAST has achieved its $53 target. To remain disciplined, we recommend covering 50% of the position and trailing up the stop to $46.50 -- just above our recommended entry level. This would all but guarantee a minimum investment return of 11%.
misc industrial products
TOP PICK
Fastenal Company
They make fasteners. They are in the business of making companies more efficient. They make vending machines that manage the inventory department. In our new environment, boring may be exciting in an unexpected way. (Analysts’ price target is $49.67)
misc industrial products
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Fastenal Company
Stockchase Research Editor: Michael O'Reilly Earnings continue even during the pandemic and now this maker of PPE and sanitizing products is likely getting ready to increase its dividend once it goes ex-div on October 29. Recent earnings came in at expectations, so the 65% payout ratio on the dividend will be safe. The stock is trading off its recent highs following earnings. We would trade this with a stop-loss at $42. We expect when a resurgence in share price emerges that it will look to challenge new highs near $53 -- almost 20% upside. Yield 2.22% (Analysts’ price target is $46.25)
misc industrial products
COMMENT
Fastenal Company

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.

misc industrial products
DON'T BUY
Fastenal Company

(Market Call Minute.) Great, great company in the past. Has a very high valuation. Stock is expensive.

misc industrial products
WATCH
Fastenal Company
Likes some of the housing related stocks and they have been performing pretty well. This one had been a leader through the course of the early part of this rally. Good company and they execute very well. Have had very good growth. If the stock could stabilize here and could trade back through $45, it’s one he would take a look at it.
misc industrial products
SELL
Fastenal Company
Beautifully managed. No debt and great earnings. A couple of negatives in that the BV is quite low and he believes insiders have been selling. If he owned it, he would be looking to get out.
misc industrial products
TOP PICK
Fastenal Company
Manufacturers nuts, bolts and fasteners. Over the last 5 years earnings have increased on an average of 27% per year. Will benefit from infrastructure coming out of the recession.
misc industrial products
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Fastenal Company(FAST-Q) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 2

Stockchase rating for Fastenal Company is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Fastenal Company(FAST-Q) Frequently Asked Questions

What is Fastenal Company stock symbol?

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

Is Fastenal Company a buy or a sell?

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.

Is Fastenal Company a good investment or a top pick?

Fastenal Company was recommended as a Top Pick by on . Read the latest stock experts ratings for Fastenal Company.

Why is Fastenal Company stock dropping?

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.

Is Fastenal Company worth watching?

2 stock analysts on Stockchase covered Fastenal Company In the last year. It is a trending stock that is worth watching.

What is Fastenal Company stock price?

On 2024-11-15, Fastenal Company (FAST-Q) stock closed at a price of $81.85.