Alerts in the last 24 hours

No Personalised Alerts!

To see personalised alerts you need to be logged in.

Log In

Fastenal Company Add to portfolio

NAS:FAST, Oct 17, 01:50 UTC

Latest NAS:FAST News

Filter your feed

Apply Filter

Monday, October 14


News

Four Stocks to Watch After Fastenal Topped Forecasts

FAST

The stock responded by logging its best one-day performance since 1987, rising 17%.Sales... Fastenal Co. shareholders got a pleasant surprise on Friday, leaving investors to wonder what other companies can buck the economic headwinds. Sales climbed about 8%, and earnings topped forecasts. While the company said economic activity was still generally slow, the results showed that companies can still perform well in the current malaise. J.B. Hunt is one of the largest truckload carriers in the U.S., with rigs in every state in the Lower 48, making the company a good place to examine why freight is light. J.B. Hunt is expected to report earnings of $155 million, or $1.45 a share, on sales of $2.3 billion, according to FactSet.

Read Full Details

Topics:
  • Business
  • Financial
News

Fastenal Company [FAST] moving down -1.46% – What are the long-term prospects? – The Dwinnex

FAST

Now let’s turn to look at profitability: with a current Operating Margin for Fastenal Company [FAST] sitting at +20.11 and its Gross Margin at +48.32, this company’s Net Margin is now 14.90%. These measurements indicate that Fastenal Company [FAST] is generating considerably more profit, after expenses are accounted for, compared to its market peers. Shares of Fastenal Company [FAST], overall, appear to be a solid investment option, with Wall Street analysts expecting its price to rise considerably in the next 12 months. A... Buckeye Partners, L.P. [BPL] gains 0.05% – Is this a... International Business Machines Corporation [IBM] – A Technology stock that is... Cheniere Energy, Inc. [LNG] moving up – What are the long-term... Keane Group, Inc. [FRAC] – Mismatched value and price: Is it...

Read Full Details

Topics:
  • Business
  • Financial
News

Analysts Say Additional Fastenal Upside Is Limited Following Earnings Pop

FAST

Fastenal Company (NASDAQ: FAST) shares jumped 17.2% to a new all-time high on Friday after the company reported earnings and revenue beats. “Positioning into the quarter - as well as trade developments - drove Friday's narrative, but we believe management deserves credit for delivering on price commitments established earlier this year,” Pokrzywinski wrote in a note. Wells Fargo analyst Michael McGinn said Fastenal's 2020 growth outlook looks bullish with or without a trade deal. Raymond James analyst Sam Darkatsh said the stock’s long-term correlation with its return on tangible net assets suggest limited upside following the initial earnings pop.

Read Full Details

Topics:
  • Business
  • Financial

Sunday, October 13


News

Bell State Bank & Trust Position in Fastenal Co (FAST) Has Increased by $406,752; Anchorage Capital Group Has Trimmed Seagate Technology Plc (Put) (STX) Position by $11.75 Million; Market Valuation Declined

FAST STX +1 more FAST STX AAPL

The hedge fund held 150,000 shares of the electronic components company at the end of 2019Q2, valued at $7.07 million, down from 400,000 at the end of the previous reported quarter. More notable recent Seagate Technology plc (NASDAQ:STX) news were published by: Fool.com which released: “Why United States Steel, EZCORP, and Seagate Technology Slumped Today – Motley Fool” on September 19, 2019, also Fool.com with their article: “Better Buy: Seagate Technology vs. Western Digital – The Motley Fool” published on September 28, 2019, Nasdaq.com published: “Seagate (STX) Up 2.6% Since Last Earnings Report: Can It Continue? 16,525 are owned by Tdam Usa Inc. Retail Bank Of Montreal Can invested 0.03% of its portfolio in Seagate Technology plc (NASDAQ:STX). Norinchukin Bankshares The owns 37,415 shares. Jacobs Levy Equity Management holds 0.01% of its portfolio in Seagate Technology plc (NASDAQ:STX) for 17,450 shares. Since July 18, 2019, it had 3 insider buys, and 0 selling transactions for $138,472 activity.

Read Full Details

Topics:
  • Business
  • Financial

Friday, October 11


News

Fastenal surges ; Wendy's, SAP rise

FAST

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Friday. The maker of industrial and construction fasteners reported surprisingly strong third-quarter profit and revenue. The software company's third-quarter profit handily beat Wall Street forecasts and its CEO is resigning. The chipmaker, which gets a quarter of its revenue from China, made strong gains as investors grew hopeful about a potential trade deal.

Read Full Details

Topics:
  • Business
  • Financial
News

[video]Fastenal Surges to New Highs: What Do the Charts Say Now?

FAST

Fastenal shares are surging Friday after reporting earnings. Here's how to trade FAST at new highs now.

Read Full Details

Topics:
  • Business
  • Financial
News

Fastenal (FAST) Q3 Earnings and Revenues Surpass Estimates

FAST

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Fastenal was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future.

Read Full Details

Topics:
  • Business
  • Financial
News

Latest Performance: :Fastenal Company, (NASDAQ: FAST) – News Align

FAST

The 50-day moving average is more responsive to price changes than the 200-day moving Whereas long-term trend followers generally use SMA200 and most shareholders will look for a cross up or down this average to means if the stock is in a bullish or bearish trend. The Fastenal Company having its distance from 20-days simple moving average is -3.30%, and its distance from 50-days simple moving average is 0.11%, while it has a distance of -0.73% from the 200-days simple moving average. Working over the productivity proportions of business stock, the speculator will discover its ROE, ROA, ROI remaining at 32.10%, 22.00% and 26.90%, individually. On Thursday, Shares of Acorda Therapeutics, Inc., (NASDAQ: ACOR), inclined/declined 2.67% and closed at $-6.64 in the last trading session.

Read Full Details

Topics:
  • Business
  • Financial
News

Fastenal Company Reports 2019 Third Quarter Earnings

FAST

Fastenal Company (FAST), a leader in the wholesale distribution of industrial and construction supplies, today announced its financial results for the quarter ended September 30, 2019. Costs related to facilities were mostly flat in the period, while costs related to industrial vending equipment increased 11.4% reflecting the increase in the number of vending machines deployed from September 2018 to September 2019, as discussed in more detail below. We believe slower economic activity has lengthened the sales cycle for vending. As a result, we currently expect to sign approximately 22,000 vending devices in 2019, slightly below our previous goal of 23,000 to 25,000 units. We continue to expect our net capital expenditures in 2019 to be within a range of $195.0 to $225.0, an increase from $166.8 in 2018.

Read Full Details

Topics:
  • Business
  • Financial
News

Latest Alterations: – Fastenal Company, (NASDAQ: FAST) – News Planets

FAST

On Friday, October 11, 2019, the stock (Fastenal Company) created a change of 17.15 percent Gain (↑) and closed its last session of business at $36.34. The Fastenal Company has shown a five days performance of 14.35% and thirty days performance stands at 8.06%. Volume is an important indicator in technical analysis as it is used to measure the relative worth of a market move. If the markets make a firm price movement, then the strength of that movement depends on the volume for that period. In looking the SMA 200, we see that the stock has seen an 16.18%.The Company’s net profit margin for the 12-months at 14.7%.

Read Full Details

Topics:
  • Business
  • Financial