Fastenal Company (NASDAQ:FAST) went down by -2.67% from its latest closing price when compared to the 1-year high value of $35.94 and move down -23.25%, while FAST stocks collected -0.34% of loss with the last five trading sessions.
Fastenal Company (NASDAQ:FAST) Worth an Investment?
Fastenal Company (NASDAQ: FAST) scored price to earnings ratio above its average ratio, recording 22.14 times of increase in earnings at the present.
FAST Market Performance
FAST stocks went down by -0.34% for the week, with the monthly drop of -6.78% and a quarterly performance of -9.33%, while its annual performance rate touched 1.71%. The simple moving average for the period of the last 20 days is -3.99% for FAST stocks with the simple moving average of -4.20% for the last 200 days.
Analysts’ Opinion on Fastenal Company (NASDAQ:FAST)
Many brokerage firms have already submitted their reports for FAST stocks, with Buckingham Research repeating the rating for FAST shares by setting it to “Neutral”. The predicted price for FAST socks in the upcoming period according to Buckingham Research is $31 based on the research report published on June 14, 2019.
William Blair, on the other hand, stated in their research note that they expect to see FAST stock at the price of $31. The rating they have provided for FAST stocks is “Mkt Perform” according to the report published on May 7, 2019.
Northcoast gave “ Neutral” rating to FAST stocks, setting the target price at $31 in the report published on April 15, 2019.
FAST Stocks -6.98% Far from 50 Day Moving Average
After a stumble in the market that brought FAST to its low price for the period of the last 52 weeks, Fastenal Company was unable to take a rebound, for now settling with -18.86% of loss for the given period.
The stock volatility was left at 2.65%, however, within the period of a single month, the volatility rate increased by 2.64%, while the shares sank at the distance of -4.67% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -8.24% lower at the present time.
In the course of the last 5 trading sessions, FAST went down by -0.34%, which changed the moving average for the period of 200 days to the total of +18.27% of gains for the stock in comparison to the 20-day moving average settled at $30.30. In addition, Fastenal Company saw 11.53% in overturn over the period of a single year with a tendency to cut further gains.
FAST Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Fastenal Company (FAST), starting from Ancius Michael J, who bought 1,000 shares at the price of $28.99 back on Aug 05. After this action, Rushing now owns 21,784 shares of Fastenal Company, valued at $28,990 with the latest closing price.
Johnson Daniel L., the Director of Fastenal Company, bought 2,500 shares at the value of $30.49 during a trade that took place back on Aug 01, which means that Johnson Daniel L. is holding 7,330 shares at the value of $76,218 based on the most recent closing price.
FAST Stock Fundamentals
The current profitability levels are settled at +20.11 for the present operating margin and +48.32 for gross margin. The net margin for Fastenal Company stands at +15.14. Total capital return value is set at 37.58, while invested capital returns managed to touch 28.33. Equity return holds the value 32.10%, with 22.00% for asset returns.
Based on Fastenal Company (FAST), the company’s capital structure generated 21.71 points for debt to equity in total, while total debt to capital is set at the value of 17.84. Total debt to assets is settled at the value of 15.05 with long-term debt to equity ratio rests at 21.58 and long-term debt to capital is 17.73.
EBITDA value lies at +311.60 M with total debt to EBITDA carrying the value of 0.44. The value for Enterprise to Sales is 3.35 with debt to enterprise value settled at 0.03. The receivables turnover for Fastenal Company is 7.51 with the total asset turnover at the value of 1.59. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.30.