The Company's original product offerings were fasteners and other industrial and construction supplies, many of which are sold under the Fastenal product name.
As previously disclosed, the Company purchased 1,300,000 shares of its common stock during the second quarter of 2017. FNY Managed Accounts LLC bought a new position in Fastenal Company during the first quarter worth about $133,000. Parkside Financial Bank & Trust now owns 2,937 shares of the company's stock worth $152,000 after buying an additional 9 shares during the last quarter. Advisory Services Network LLC purchased a new position in shares of Fastenal Company during the first quarter worth about $191,000. For the next 5 years, Fastenal Company is expecting Growth of 9.03% per annum, whereas in the past 5 years the growth was 5.2% per annum. Ironwood Investment Management LLC now owns 6,359 shares of the company's stock valued at $327,000 after buying an additional 75 shares in the last quarter. Parkside Financial Bank & Trust increased its stake in shares of Fastenal Company by 0.3% in the first quarter. The average analysts gave this company a mean recommendation of 2.00. OLD Mutual Customised Solutions Proprietary Ltd. raised its position in Fastenal Company by 19.5% in the first quarter. OBERTON WILLARD D also sold $501,912 worth of Fastenal Company (NASDAQ:FAST) shares.
Fastenal Company (NASDAQ:FAST)'s stock on Wednesday traded at beginning with a price of $46.38 and when day-trade ended the stock finally declined -2.00% to reach at $42.72. The stock had a trading volume of 10,172,537 shares. The company has market cap of $3.81 billion. The stock has a 50-day moving average price of $43.41 and a 200 day moving average price of $47.58. This represents an increase of approximately 753% compared to the typical daily volume of 962 put options.
Fastenal Company (NASDAQ:FAST) last announced its earnings results on Wednesday, July 12th.
ROI deals with the invested cash in the company and the return the investor realize on that money based on the net profit of the business.
Lea Michele Remembers Cory Monteith On Twitter 4 Years After Death
Taking to Instagram, Lea shared a photo holding a picture of the pair, before his untimely death. Michele got a small "5" inked on her back , a nod to his football jersey number on " Glee ".
Current levels places Fastenal Company (NASDAQ:FAST)'s stock about -8.19% from the 50-day high and 2.19% away from the 50-day low. During the same period in the prior year, the firm earned $0.44 EPS.
Quarterly Revenue growth year over year is 6.2 Percent. Analysts predict that Fastenal Company will post $1.88 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Wednesday, August 23rd. Beacon Fincl Gp invested in 0.91% or 95,038 shares. The stock's Dividend Yield stands at 3.00%.
On 12 July 2017, NXP Semiconductors N.V. (NASDAQ:NXPI) stock price started the day at $109.20 and moved between $109.06 - 109.37 to finally close at $109.17. Fastenal Company's dividend payout ratio is presently 73.14%.
ILLEGAL ACTIVITY NOTICE: "Fastenal Company (FAST) Upgraded to Outperform by Robert W. Baird" was first posted by Chaffey Breeze and is owned by of Chaffey Breeze. If you are reading this report on another domain, it was illegally stolen and republished in violation of U.S. & worldwide trademark and copyright legislation. Argus Research downgraded Fastenal Company (NASDAQ:FAST) on Friday, October 14 to "Hold" rating. Raymond James Financial, Inc. raised Fastenal Company from a "market perform" rating to a "buy" rating and set a $50.00 price objective on the stock in a research note on Wednesday, April 19th. BidaskClub upgraded shares of Fastenal Company from a sell rating to a hold rating in a research report on Wednesday, July 5th. Oppenheimer And Co Inc has invested 0.03% of its portfolio in Fastenal Company (NASDAQ:FAST).
Economists urge Trump not to impose new steel tariffs
"I want it to be long lasting, and I want it to address the overhanging issue of Chinese steel overcapacity". Her spokesman said Thursday Canada's feelings on steel remain the same as they were following the G20.
In analysts report made public on Thursday morning, Raymond James announced that they have chose to upgrade shares of Fastenal (NASDAQ:FAST) stock from a Outperform to a Strong Buy.
Some buy side analysts are also providing their Analysis on Fastenal Company, where 3 analysts have rated the stock as Strong buy, 4 analysts have given a Buy signal, 10 said it's a HOLD, 0 reported it as Underperform and 0 analysts rated the stock as Sell. Also, CFO Holden Lewis purchased 1,000 shares of the business's stock in a transaction on Thursday, May 25th.
The stock shows a Short Ratio of 7.6 with the total number of Shares Short (Previous Month) of 22.21 Million. Following the transaction, the chief financial officer now owns 1,000 shares of the company's stock, valued at $43,760.
In other news, Director Darren R. Jackson purchased 5,000 shares of the company's stock in a transaction dated Friday, April 28th.
Serena Williams tried to deposit first $1M check at bank drive-thru
Check out the rest of the interview on Uninterrupted's " Kneading Dough " podcast, which also covers how she'll be as a parent to her future child.