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.

Related News:

  • Noel Gallagher Donating Song Royalties to Manchester Fund

    Noel Gallagher Donating Song Royalties to Manchester Fund

    Coldplay performed Oasis' chart-topping hit, Don't Look Back in Anger at the fund-raising event. Noel Gallagher and Liam Gallagher in 2008 - just one year before Oasis called it quits.
    White House aide says Russia probe 'detracts' from agenda

    White House aide says Russia probe 'detracts' from agenda

    Just before the meeting began, the White House sent a veiled message toward Senate Majority Leader Mitch McConnell of Kentucky. Comey is scheduled to testify Thursday before the Senate intelligence committee beginning at 10 a.m. that day. "No.

    Aaron Judge is 'the scariest thing I've ever seen,' says David Ortiz

    Next weekend against the Houston Astros there will be two familiar faces in the media section in Houston for the Boston Red Sox . The 6-3, 230-pound Ortiz, who met the 6-7, 282-pound Judge for the first time Monday, good-naturedly called him an "animal".
  • Piano-playing bear strikes viral chord at Colorado apartment

    Piano-playing bear strikes viral chord at Colorado apartment

    Police investigated and determined food had been stolen from a freezer and minor damage had been caused to the apartment. Police say the bear made its way into the residence in an East Vail neighborhood on Wednesday.

    Aberdeen Asset Management plc's (ADN) Neutral Rating Reaffirmed at Macquarie

    The Leavell Investment Management Inc holds 14,888 shares with $1.38 million value, down from 19,886 last quarter. Barclays Capital maintained the shares of SHAW in report on Monday, November 23 with "Overweight" rating.

    Apple announces watchOS 4 Apple Watch update

    Apple watchOS 4 is going to launch as an update this fall, while the developer's preview will start seeding later today. Kevin Lynch, chief of Apple's software efforts, highlighted a new watch face that was "powered by Siri intelligence".
  • Oil prices drop amid Middle East geopolitical tensions

    Oil prices drop amid Middle East geopolitical tensions

    It expects 2018 daily output to hit 10 million barrels, exceeding the previous record of 9.6 million barrels a day in 1970. Brent crude prices were at $48.40 per barrel, down 3.4%, or $1.72 a barrel.

    Huddersfield wins soccer's richest game, into Premier League

    Huddersfield Town earned their place in the Prem, after their 0-0 match with Reading saw them take the PK shootout 4-3. We said no limits, now we know where our limit is. "We wanted to find new ways to be competitive".

    Comey to testify Trump pressured him to end Russian Federation probe

    Former White House staffer Boris Epshteyn confirmed he has been contacted for information as part of the House investigation. CNN's source said that Comey is "happy to testify " and "happy to cooperate".
  • At least 35 bodies found at Manila casino

    The resort was put on lockdown and heavily armed SWAT officers wearing bulletproof vests and body armor descended on the scene. Dela Rosa said security video showed the gunman earlier ignoring a guard who tried to question him at the complex's entrance.
    The man who fought back against all three of the London terrorists

    The man who fought back against all three of the London terrorists

    Roy claimed he shouted it a second time, and described it as "the worst thing" he could have done as they carried on attacking him.
    She Prodded Her Boyfriend to Kill Himself. He Did

    She Prodded Her Boyfriend to Kill Himself. He Did

    It's okay to be scared and it's normal. "I'm not saying they want you to do it, but honestly, I feel like they can accept it". Last summer, the court ruled that she could stand trial for her alleged role in Roy's death. "I thought he was doing great".


Most liked

Police identify lone gunman behind Philippine casino attack
With 37 casualties, there could be civil liability on the part of the Resorts World", Albayalde said in a news conference. His identity was confirmed early Sunday morning by his estranged wife and his parents, according to the NCRPO chief.

Jets planning to release or trade WR Eric Decker
Bowles acknowledged Harris' release "happened at a bad time", but said he was in agreement. "I wasn't in those meetings. He called the defensive signals for Bowles' defense and played 87 percent of the defensive snaps last season.

Facebook's Zuckerberg to give Harvard graduation speech
During the speech , Zuckerberg noted how people are longing for connection that they used to get from work, church, or community. Well, this is a amusing but a realistic advice by far from Zuckerberg's commencement speech. "It is good to be idealistic".

Adani gives final approval for Australia mine, rail project
Green groups are opposed to the project, saying carbon emitting fossil fuels should be phased out to tackle climate change. The Townsville headquarters will employ 500 people over the coming weeks.