Make Sure You Stick With Fastenal Co (FAST). It’s Bull Time Again

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility.

Stocks Info

Fastenal Co is listed on the NASDAQ in the Industrials sector while operating in the Industrial Distribution industry. The current market capitalization of Fastenal Co is $42.72B. A total of 3.23 million shares were traded on the day, compared to an average of 3.01M shares.

Insider Activity

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, FAST has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 0 BUYs and 0 SELLs from insiders. Insiders purchased 0 shares during that period but sold 0.

In the most recent transaction, Jansen James C sold 19,564 shares of FAST for 83.08 per share on Nov 22 ’24. After the transaction, the Executive Vice President now owns 26,176 company shares. In a previous transaction on Nov 22 ’24, JAMES C. JANSEN bought 19,564 shares at 83.08 per share.

Among the insiders who sold shares, Miller Charles S. disposed of 23,480 shares on Nov 13 ’24 at a per-share price of $83.92. This resulted in the SENIOR EXECUTIVE VP holding 0 shares of FAST after the transaction. In another insider transaction, Johnson Daniel L. sold 8,474 shares at $83.36 per share on Nov 13 ’24. Company shares held by the Director now total 10,595.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Fastenal Co pays an annual dividend of $1.60, resulting in a dividend yield of 2.15%, and it has a price to earnings (P/E) ratio of 37.18. FAST’s most recent ex-dividend date was 2.3% when it declared a $0.43 quarterly dividend that was paid in cash on 1/31/2025. Previously, the company paid the dividend on 10/25/2024 with an ex-dividend date of 2.23%. The FAST stock dividend was $0.39 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for FAST in the last 3 months, the mean price target is $77.27 with high estimates of $85.00 and low estimates of $70.00. In terms of 52-week highs and lows, FAST has a high of $84.88 and a low of $61.36.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. FAST’s latest balance sheet shows that the firm has $236.20M in Cash & Short Term Investments as of fiscal 2021. There were $636.80M in debt and $682.20M in liabilities at the time. Its Book Value Per Share was $6.31, while its Total Shareholder’s Equity was $3.04B.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for FAST is Buy with a score of 3.00.

Most Popular

Related Posts