Fastenal Co. Stock
€60.85
Your prediction
Fastenal Co. Stock
Pros and Cons of Fastenal Co. in the next few years
Pros
Cons
Performance of Fastenal Co. vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Fastenal Co. | 0.440% | -0.539% | -2.764% | 15.377% | 3.769% | 28.661% | 119.398% |
| Parker-Hannifin | 0.300% | 0.264% | 4.447% | 42.650% | 26.592% | 111.643% | 274.119% |
| Stanley Black & Decker Inc. | 1.020% | 1.654% | 10.463% | 6.859% | 0.134% | -44.673% | -23.755% |
| IDEX Corp. | 1.620% | 2.159% | -3.034% | -11.535% | -7.185% | -3.624% | 25.086% |
sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.Analyzing the financials of Fastenal (US symbol: FAST) reveals a company that exhibits solid performance within the Machinery, Equipment & Components industry. With a strong revenue growth trajectory and sustainable earnings, Fastenal presents itself as a resilient player in a competitive market. However, the valuation metrics suggest a high price relative to earnings, indicating that despite the company's strong fundamentals, the stock may be priced at a premium. A closer examination of the balance sheet, cash flow statements, income statements, and key financial ratios offers a clearer picture.
Strong Revenue Growth: Over the past three years, Fastenal has consistently demonstrated impressive revenue figures, culminating in a total revenue of approximately $7.35 billion in 2023. The quarterly revenue growth year-over-year of 1.8% indicates a stable demand for its products and services.
Consistent Profit Margins: The profit margin stands at 15.54%, which is quite robust, especially for a company in the manufacturing sector. This suggests that Fastenal is effectively managing its operating expenses relative to sales, translating to healthy bottom-line profitability.
Comments
News
Is This Industrial Stock a Buy After Recent Earnings Boost?
Fastenal’s (NASDAQ: FAST) stock price has been on the rise since it reported earnings on Friday, July 15, 2024. The industrial company’s shares have been up 5.7% since then. This is after the
Why Fastenal Stock Fell Today
Fastenal (NASDAQ: FAST) continues to see sluggish demand in the industrial sector, and its latest results are weighing on the stock. Shares of Fastenal were down 7% at 3:30 p.m. ET. after the parts
Dividend Aristocrat Fastenal Goes on Sale: Buy It While It’s Down
Dividend Aristocrat Fastenal (NASDAQ: FAST) fell about 5% after its Q1 release and may fall further. Not because the business is flagging but because the valuation has run up to unsustainable