Fastenal Co (NASDAQ: FAST) is -0.99% lower on its value in year-to-date trading and has touched a low of $61.36 and a high of $84.88 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The FAST stock was last observed hovering at around $72.16 in the last trading session, with the day’s loss setting it -0.96%.
Currently trading at $71.20, the stock is -6.18% and -5.48% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.3 million and changing -1.33% at the moment leaves the stock -2.86% off its SMA200. FAST registered -7.09% loss for a year compared to 6-month gain of 1.45%. The firm has a 50-day simple moving average (SMA 50) of $75.3316 and a 200-day simple moving average (SMA200) of $73.2942.
The stock witnessed a -10.78% loss in the last 1 month and extending the period to 3 months gives it a -1.07%, and is -8.26% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.35% over the week and 2.60% over the month.
Fastenal Co (FAST) has around 23702 employees, a market worth around $40.83B and $7.55B in sales. Current P/E ratio is 35.54 and Fwd P/E is 30.25. Profit margin for the company is 15.25%. Distance from 52-week low is 16.04% and -16.12% from its 52-week high. The company has generated returns on investments over the last 12 months (29.29%).
with sales reaching $1.95B over the same period.The EPS is expected to grow by 8.10% this year, but quarterly earnings will post 6.85% year-over-year. Quarterly sales are estimated to grow 2.94% in year-over-year returns.
Fastenal Co (FAST) Top Institutional Holders
1663.0 institutions hold shares in Fastenal Co (FAST), with institutional investors hold 86.51% of the company’s shares. The shares outstanding are 573.32M, and float is at 572.33M with Short Float at 2.40%. Institutions hold 86.36% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 71.29 million shares valued at $4.48 billion. The investor’s holdings represent 12.4551% of the FAST Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 46.44 million shares valued at $2.92 billion to account for 8.1099 of the shares outstanding. The other top investors are STATE STREET CORP which holds 26.64 million shares representing 4.6531% and valued at over $1.67 billion, while BANK OF NEW YORK MELLON CORP holds 3.7895 of the shares totaling 21.69 million with a market value of $1.36 billion.
Fastenal Co (FAST) Insider Activity
The most recent transaction is an insider sale by Lewis Holden, the company’s Chief Financial Officer/EVP. SEC filings show that Lewis Holden sold 68,664 shares of the company’s common stock on Mar 14 ’25 at a price of $74.97 per share for a total of $5.15 million. Following the sale, the insider now owns 10097.0 shares.
Still, SEC filings show that on Nov 22 ’24, Jansen James C (Executive Vice President) disposed off 19,564 shares at an average price of $83.08 for $1.63 million. The insider now directly holds 26,176 shares of Fastenal Co (FAST).
