Fastenal Company

Company Profile

Fastenal Company had its IPO on 1990-03-26 under the ticker symbol FAST.

The company operates in the Industrials sector and Industrial Distribution industry. Fastenal Company has a staff strength of 19,854 employees.

Stock update

Shares of Fastenal Company opened at $53.4 at the start of the last trading session i.e. 2023-03-30.

The stocks traded within a range of $52.67 - $53.58, and closed at $52.82.

This is a -0.28% slip from the previous day's closing price.

A total volume of 1,948,784 shares were traded at the close of the day’s session.

In the last one week, shares of Fastenal Company have increased by +1.91%.

Fastenal Company's Key Ratios

Fastenal Company has a market cap of $30.24 billion, indicating a price to book ratio of 9.2332 and a price to sales ratio of 4.0305.

In the last 12-months Fastenal Company’s revenue was $6.98 billion with a gross profit of $3.22 billion and an EBITDA of $1.63 billion. The EBITDA ratio measures Fastenal Company's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Fastenal Company’s operating margin was 20.82% while its return on assets stood at 20.54% with a return of equity of 35.03%.

In Q4, Fastenal Company’s quarterly earnings growth was a positive 7.4% while revenue growth was a positive 10.7%.

Fastenal Company’s PE and PEG Ratio

Forward PE

25.974

Trailing PE

28.0265

PEG

2.4528

Its diluted EPS in the last 12-months stands at $1.89 per share while it has a forward price to earnings multiple of 25.974 and a PEG multiple of 2.4528. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Fastenal Company’s profitability.

Fastenal Company stock is trading at a EV to sales ratio of 4.3664 and a EV to EBITDA ratio of 18.6324. Its price to sales ratio in the trailing 12-months stood at 4.0305.

Fastenal Company stock pays annual dividends of $1.24 per share, indicating a yield of 2.66% and a payout ratio of 67.37%.

Balance sheet and cash flow metrics

Total Assets

$4.55 billion

Total Liabilities

$789.80 million

Operating Cash Flow

$-41400000.00

Capital Expenditure

$42.80 million

Dividend Payout Ratio

67.37%

Fastenal Company ended 2023 with $4.55 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $4.55 billion while shareholder equity stood at $3.16 billion.

Fastenal Company ended 2023 with $83.70 million in deferred long-term liabilities, $789.80 million in other current liabilities, 5700000.00 in common stock, $3.22 billion in retained earnings and $0 in goodwill. Its cash balance stood at $230.10 million and cash and short-term investments were $230.10 million. The company’s total short-term debt was $293,700,000 while long-term debt stood at $353.20 million.

Fastenal Company’s total current assets stands at $3.12 billion while long-term investments were $0 and short-term investments were $0. Its net receivables were $1.01 billion compared to accounts payable of $255.00 million and inventory worth $1.71 billion.

In 2023, Fastenal Company's operating cash flow was $-41400000.00 while its capital expenditure stood at $42.80 million.

Comparatively, Fastenal Company paid $0.67 in dividends in 2023.

Other key metrics

Current Trading Price

$52.82

52-Week High

$59.195

52-Week Low

$43.142

Analyst Target Price

$50.59

Fastenal Company stock is currently trading at $52.82 per share. It touched a 52-week high of $59.195 and a 52-week low of $59.195. Analysts tracking the stock have a 12-month average target price of $50.59.

Its 50-day moving average was $51.87 and 200-day moving average was $49.68 The short ratio stood at 4.54 indicating a short percent outstanding of 0%.

Around 17.1% of the company’s stock are held by insiders while 8147.3% are held by institutions.