Fastenal Company [FAST] took an upward turn with a change of 0.41%, trading at the price of $29.28 during the trading session on Thursday. The price movement in correlation with percentage of the mentioned increase can allow a valuable insight to investors. During the last trading session 3.69 million shares changed hands being bought and sold, while Fastenal Company shares have an average trading volume of 4.65M shares for that time period. FAST monthly volatility recorded 2.61%, in the meanwhile having share price volatility for the week set at 2.60%. PS value for FAST stocks is 3.24 with PB recorded at 6.70.
Fastenal Company [NASDAQ:FAST]: Analyst Rating and Earnings
Stock market traders frequently keep their eyes on what Wall Street experts as it relates to a potential investment. For Fastenal Company [FAST], the most recent analyst consensus recommendation available since its latest financial results for the quarter ending in December. On average, stock market experts give FAST an Hold rating. Its stock price has been found in the range of 24.00 to 35.94. This is compared to its latest closing price of $29.16.
Wall Street analysts provide their ratings on a scale of 1 to 5, and the current average score for Fastenal Company [FAST] is sitting at 2.62. This is compared to 1 month ago, when its average rating was 2.65.
For the quarter ending in Jun-19 Fastenal Company [FAST] generated $1.37 billion in sales. That’s 0.71% lower than the average estimate of $1.38 billion as provided by Wall Street analysts. The three indicators above suggest that overall, this stock is demonstrating a mixed bag of positive appeal and some drawbacks, making it a somewhat risky investment that also has the potential to generate high ROI in the long run.
Keep your eyes peeled for the soon-to-be-published financial results of this company, which are expected to be made public on Wed 9 Oct (In 55 Days).
Fundamental Analysis of Fastenal Company [FAST]
Now let’s turn to look at profitability: with a current Operating Margin for Fastenal Company [FAST] sitting at +20.11 and its Gross Margin at +48.32, this company’s Net Margin is now 14.70%. These measurements indicate that Fastenal Company [FAST] is generating considerably more profit, after expenses are accounted for, compared to its market peers.
This company’s Return on Total Capital is 37.58, and its Return on Invested Capital has reached 26.90%. Its Return on Equity is 34.18, and its Return on Assets is 24.13. These metrics all suggest that Fastenal Company is doing well at using the money it earns to generate returns.
Turning to investigate this organization’s capital structure, Fastenal Company [FAST] has generated a Total Debt to Total Equity ratio of 21.71. Similarly, its Total Debt to Total Capital is 17.84, while its Total Debt to Total Assets stands at 15.05. Looking toward the future, this publicly-traded company’s Long-Term Debt to Equity is 21.58, and its Long-Term Debt to Total Capital is 17.73. This company is not leveraging its assets to take on debt, which stunts its growth and limits the ROI for investors.
What about valuation? This company’s Enterprise Value to EBITDA is 15.29 and its Total Debt to EBITDA Value is 0.44. The Enterprise Value to Sales for this firm is now 3.35, and its Total Debt to Enterprise Value stands at 0.03. Fastenal Company [FAST] has a Price to Book Ratio of 6.49, a Price to Cash Flow Ratio of 22.27 and P/E Ratio of 21.94. These metrics suggest that this publicly-traded organization will not likely result in investment gains.
Shifting the focus to workforce efficiency, Fastenal Company [FAST] earns $229,398 for each employee under its payroll. Similarly, this company’s Receivables Turnover is 7.51 and its Total Asset Turnover is 1.59. This publicly-traded organization’s liquidity data is also interesting: its Quick Ratio is 2.37 and its Current Ratio is 5.30. This company, considering these metrics, has a healthy ratio between its short-term liquid assets and its short-term liabilities, making it a less risky investment.
Fastenal Company [FAST] has 573.43M shares outstanding, amounting to a total market cap of $16.79B. Its stock price has been found in the range of 24.00 to 35.94. At its current price, it has moved down by -18.53% from its 52-week high, and it has moved up 21.97% from its 52-week low.
This stock’s Beta value is currently 1.21, which indicates that it is 2.60% more volatile that the wider market. This stock’s Relative Strength Index (RSI) is at 40.94. This RSI score is good, suggesting this stock is neither overbought or oversold.
Conclusion: Is Fastenal Company [FAST] a Reliable Buy?
Shares of Fastenal Company [FAST], overall, appear to be a solid investment option, with Wall Street analysts expecting its price to rise considerably in the next 12 months. This company generates high value from the labor resources and other capital it has available, and while it has heavy Long-Term Debt to Equity, the majority of the metrics point to this investment being highly attractive.