Fastenal Company (FAST) Analysts See $0.49 EPS

10/12/2016 - Fastenal Company had its "neutral" rating reiterated by analysts at Robert W. Baird. The stock of Fastenal Company (NASDAQ:FAST) has "Buy" rating given on Thursday, March 17 by Stifel Nicolaus. Nine research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Raymond James Financial, Inc. upgraded Fastenal Company from a "market perform" rating to a "buy" rating and set a $50.00 target price for the company in a report on Wednesday, April 19th. The firm earned "Hold" rating on Tuesday, August 25 by William Blair. The firm has "Neutral" rating by Sterne Agee CRT given on Tuesday, March 22. Credit Suisse Group AG restated a "hold" rating and issued a $49.00 price target on shares of Fastenal Company in a research report on Thursday, April 13th. Armstrong Henry H Associates Inc reported 0.39% stake. The stock was acquired at an average price of $43.76 per share, with a total value of $43,760.00. Following the transaction, the chief financial officer now directly owns 1,000 shares of the company's stock, valued at approximately $43,760. Over the last quarter, insiders have acquired 6,700 shares of company stock valued at $299,343. PepsiCo, Inc. (NYSE:PEP) has risen 12.20% since June 7, 2016 and is uptrending. It has underperformed by 23.73% the S&P500. The company has market cap of $13.20 billion. The Company is engaged in fastener distribution, and non-fastener maintenance and supply business. As of December 31, 2016, it distributed these supplies through a network of approximately 2,500 company-owned stores.

Northwestern Mutual Wealth Management Co. reduced its stake in shares of Fastenal Company (NASDAQ:FAST) by 6.9% during the first quarter, Holdings Channel reports. It has underperformed by 18.79% the S&P500.The move comes after 5 months negative chart setup for the $12.43 billion company.

Investors sentiment increased to 1.2 in Q4 2016. Total debt to equity ratio of the company for most recent quarter is 1.65 whereas long term debt to equity ratio for most recent quarter is 0.87.

Analysts await Fastenal Company (NASDAQ:FAST) to report earnings on July, 11. AMG Funds LLC increased its position in Fastenal Company by 0.9% in the first quarter. 227.29 million shares or 5.55% more from 215.34 million shares in 2016Q3 were reported.

The company's quick ratio for most recent quarter is 0.6 along with current ratio for most recent quarter of 0.7.

Fastenal Company (NASDAQ:FAST) had an increase of 5.04% in short interest. The 8 analysts offering target price estimates on shares of Fastenal Company (NASDAQ:FAST) have set a consensus target of $48.625 on shares. Regions stated it has 528,016 shares or 0.3% of all its holdings. 37,925 are owned by Janney Montgomery Scott.

Van Eck Associate Corp owns 4,521 shares. Campbell & Adviser Ltd Liability Corporation invested in 0.34% or 12,230 shares. 565 are owned by Assetmark.

Fastenal Company is engaged in wholesale distribution of industrial and construction supplies.

Fastenal Company (FAST) now has P/E (Price to Earnings) ratio of 25.09 while the company's industry has 27.02 P/E and the sector P/E is 22.39. Fastenal Company's dividend payout ratio is presently 73.99%. Fastenal Company's payout ratio is now 73.99%. Community Trust And invested in 1.43% or 115,186 shares. Psagot Investment House owns 140 shares.

Since December 12, 2016, it had 1 buy, and 3 sales for $5.36 million activity. $501,912 worth of Fastenal Company (NASDAQ:FAST) was sold by OBERTON WILLARD D on Friday, February 17.

Among 28 analysts covering Gulfport Energy Corporation (NASDAQ:GPOR), 20 have Buy rating, 1 Sell and 7 Hold. Therefore 90% are positive. Gulfport Energy Corporation had 58 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has "Buy" rating by Longbow given on Friday, June 2. The company was maintained on Wednesday, October 14 by Credit Suisse. The firm has "Neutral" rating given on Monday, January 9 by UBS. On Tuesday, January 19 the stock rating was maintained by Stifel Nicolaus with "Buy". Argus Research downgraded the stock to "Hold" rating in Friday, October 14 report.

Growth rates are very important while analyzing the long term growth and valuation of a certain company. The firm has "Neutral" rating by Susquehanna given on Thursday, August 27. (USA) (NASDAQ:SSRI) rating on Monday, September 14. This increase is typical for the uptrend and shows the considerable optimism among investors. Its up 0.18, from 0.79 in 2016Q3. While the company's share hit the 52 week high on 04/05/17 stationing the value of $52.74. 102 funds opened positions while 618 raised stakes. Sumitomo Mitsui Asset Mngmt Limited has 21,496 shares. Provident Trust Com holds 2.41% of its portfolio in Fastenal Company (NASDAQ:FAST) for 1.03M shares. State Board of Administration of Florida Retirement System now owns 442,487 shares of the company's stock worth $20,788,000 after buying an additional 4,962 shares during the period. American International Group, New York-based fund reported 402,949 shares. Piedmont Investment Advsrs Lc holds 0% or 4,423 shares in its portfolio. 32,080 are held by Cornercap Invest Counsel. The company's 5 year Earnings per share growth and Capital Spending growth remains at 7.38 and 9.55.

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