Is Fastenal Company (FAST) Worth Adding to Your Portfolio?

Lisowski Sheryl Ann, CAO/Controller/Treasurer, subtracted 9,166 shares of Fastenal Company (FAST) from its portfolio at the rate of $64.22 per share valuing $588,630 on May 15. The insider left behind 300 shares of the company to its portfolio. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Fastenal Company (FAST) was $32.73. Currently, the 1st Resistance Point for this stock is $33.00, with a 2nd Resistance Point sitting at $33.26. Meanwhile, this company’s stock has a 1st Support Level at $32.36 and a 2nd Support Level at $31.99. Fastenal Company (FAST) stock has gained $0.77, or 2.41%, in the past five days. In the last full month, these shares have gained $0.84, or 2.63%. In the past three months, this stock’s price has risen by $1.39, or 4.44%. This year-to-date, Fastenal Company (FAST) shares have gained $6.58, or 25.19%.

Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For Fastenal Company (FAST) stock, 40% of short-term indicators suggest that these shares are a “ Sell .” Meanwhile, 25% of medium-term indicators point to this stock being a “ Sell .” Looking further ahead, 67% of long-term indicators suggest that this stock is a “ Buy .”

With 572,317 K shares outstanding, this company currently has a market capitalization of $18,468,670K. Fastenal Company (FAST) generates $4,965 M in annual sales, amounting to annual net income of $751,900 K. This stock has generated a 1-Year Total Return of 23.46%, a 3-Year Total Return of 47.20%, and a 5-year Total Return of 31.10%. This stock’s 5-Year Dividend Growth is 92.50%, with its most recent dividend valued at $0.215 per share on 04/23/19. Its Annual Dividend Yield is 2.66%, and its Annual Dividend Rate is 0.86.

In the most recently-reported fiscal quarter, which ended in Mar-19, Fastenal Company (FAST) reported earnings of $0.34 per share. Wall Street analysts, on average, were expecting the company to report earnings of $0.33 per share, representing a 0.01 difference and 1.52% surprise. In the previous quarter ending in Dec-18, the reported earnings of $0.29 represented a -0.01 difference from the consensus estimate calling for $0.30 per share, which was a 1.37% surprise.

For the current fiscal quarter, which is set to end in 06/2019, the average earnings estimate is $0.37 per share. This estimate came from a total of 9 Wall Street Analysts. Of those market experts, the high estimate was $0.38 and the low estimate was $0.37. In the year-ago quarter, Fastenal Company (FAST) generated per-share earnings of $0.37.

Turning our focus now to insider trading activity, there have been 9 purchases (173,650 shares in total) and 9 sale (173,650 shares in total) in the last 3 months. In the last 6 months, there have been 15 insider buys amounting to 253,233 shares and 17 insider sales amounting to 260,733 shares. In the past full year, 21 insider purchases were made (involving 262,778 shares) and 19 insider sell-offs equivalent to 266,583 shares.

Moving onto liquidity, Fastenal Company (FAST) has a Current Ratio of 5.30, a Quick Ratio of 2.37 and a Cash Ratio of 0.38. Looking at this company’s capital structure, its Total Debt to Total Equity is 21.71, its Total Debt to Total Capital is 17.84, and its Total Debt to Total Assets is now 15.05. Looking even further ahead into the future, its Long-Term Debt to Equity is 21.58 and its Long-Term Debt to Total Capital is 17.73.