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Fastenal Company (FAST-Q)
NASDAQ:FAST
78.47
0.57
(0.72%) 1d
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Bank earnings lift markets to highsThis summary was created by AI, based on 2 opinions in the last 12 months.
The experts have mixed opinions on Fastenal Company. One expert sold it over the summer due to concerns about the soft landing of the economy, while another expert praised its resilient profits and leverage to rising manufacturing activity. The company's valuation is a topic of discussion, with one expert highlighting its premium valuation supported by earnings momentum, and another pointing out its high forward PE compared to a more diversified business like 3M. Overall, Fastenal Company's economic sensitivity and quality business are acknowledged, but its valuation and potential economic risks are areas of concern.
$70.260
No
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.
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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
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 2024-12-13, Fastenal Company (FAST-Q) stock closed at a price of $78.47.
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.