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1 Comment
Fastenal Company is currently in a long term uptrend where the price is trading 10.8% above its 200 day moving average.
From a valuation standpoint, the stock is 67.5% cheaper than other stocks from the Industrials sector with a price to sales ratio of 5.1.
Fastenal Company's total revenue rose by 6.4% to $1B since the same quarter in the previous year.
Its net income has increased by 9.7% to $196M since the same quarter in the previous year.
Finally, its free cash flow grew by 45.2% to $276M since the same quarter in the previous year.
Based on the above factors, Fastenal Company gets an overall score of 5/5.
ISIN | US3119001044 |
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Industry | Industrial Distribution |
Sector | Industrials |
CurrencyCode | EUR |
Exchange | F |
Target Price | 53.33 |
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PE Ratio | 26.98 |
Market Cap | 27B |
Beta | 1.17 |
Dividend Yield | 2.7% |
Fastenal Company, together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, Mexico, and internationally. It offers fasteners, and related industrial and construction supplies under the Fastenal name. The company's fastener products include threaded fasteners, bolts, nuts, screws, studs, and related washers, which are used in manufactured products and construction projects, as well as in the maintenance and repair of machines. It also offers miscellaneous supplies and hardware, including pins, machinery keys, concrete anchors, metal framing systems, wire ropes, strut products, rivets, and related accessories. The company serves the manufacturing market comprising original equipment manufacturers; maintenance, repair, and operations customers; and non-residential construction market, which includes general, electrical, plumbing, sheet metal, and road contractors. It also serves farmers, truckers, railroads, mining companies, schools, and retail trades; and oil exploration, production, and refinement companies, as well as federal, state, and local governmental entities. Fastenal Company was founded in 1967 and is headquartered in Winona, Minnesota.
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