Fastenal Company (FAST) Analysts See $0.67 EPS

September 16, 2018 - By Jack Shaw

Fastenal Company (NASDAQ:FAST) LogoInvestors sentiment increased to 1.04 in Q2 2018. Its up 0.21, from 0.83 in 2018Q1. It improved, as 47 investors sold Fastenal Company shares while 198 reduced holdings. 60 funds opened positions while 196 raised stakes. 237.15 million shares or 0.08% more from 236.95 million shares in 2018Q1 were reported.
Carroll Finance Associates Incorporated holds 0.01% or 1,847 shares in its portfolio. Wms Prtn Limited Co has 0.03% invested in Fastenal Company (NASDAQ:FAST) for 5,019 shares. Yorktown Mngmt And Rech reported 25,000 shares or 0.35% of all its holdings. Schroder Investment Mngmt Group reported 0.02% of its portfolio in Fastenal Company (NASDAQ:FAST). Tarbox Family Office holds 80 shares or 0% of its portfolio. Utah Retirement stated it has 53,240 shares or 0.05% of all its holdings. Bnp Paribas Arbitrage holds 268,435 shares or 0% of its portfolio. Quantum Cap Management Ltd Nj reported 73,821 shares. Raymond James Tru Na reported 42,630 shares. Rmb Mngmt Lc reported 22,994 shares. Griffin Asset Mngmt stated it has 12,200 shares. Riverpark Ltd invested in 2.49% or 255,500 shares. Perkins Inc reported 7,950 shares. Barclays Public Ltd Company owns 524,079 shares for 0.02% of their portfolio. 1.24 million were reported by Amundi Pioneer Asset Mngmt Inc.

Since April 25, 2018, it had 4 insider buys, and 1 insider sale for $1.35 million activity. 1,000 shares valued at $50,275 were bought by Lewis Holden on Monday, April 30. Ancius Michael J bought $22,181 worth of stock or 455 shares. Jansen James C sold $1.56 million worth of stock. Shares for $103,700 were bought by Owen Terry Modock.

Analysts expect Fastenal Company (NASDAQ:FAST) to report $0.67 EPS on October, 10.They anticipate $0.17 EPS change or 34.00 % from last quarter’s $0.5 EPS. FAST’s profit would be $192.25 million giving it 21.55 P/E if the $0.67 EPS is correct. After having $0.74 EPS previously, Fastenal Company’s analysts see -9.46 % EPS growth. The stock decreased 2.10% or $1.24 during the last trading session, reaching $57.76. About 3.32 million shares traded or 15.98% up from the average. Fastenal Company (NASDAQ:FAST) has risen 34.93% since September 16, 2017 and is uptrending. It has outperformed by 19.31% the S&P500.

Fastenal Company (NASDAQ:FAST) Ratings Coverage

Among 9 analysts covering Fastenal (NASDAQ:FAST), 3 have Buy rating, 1 Sell and 5 Hold. Therefore 33% are positive. Fastenal had 14 analyst reports since March 19, 2018 according to SRatingsIntel. On Friday, July 13 the stock rating was maintained by Stifel Nicolaus with “Hold”. KeyBanc Capital Markets maintained Fastenal Company (NASDAQ:FAST) rating on Thursday, April 12. KeyBanc Capital Markets has “Buy” rating and $5800 target. The stock has “Hold” rating by BMO Capital Markets on Monday, April 9. The firm has “Hold” rating by Susquehanna given on Monday, March 19. The rating was maintained by Stephens on Wednesday, April 11 with “Buy”. As per Thursday, April 12, the company rating was maintained by Susquehanna. The stock of Fastenal Company (NASDAQ:FAST) earned “Neutral” rating by Robert W. Baird on Tuesday, July 3. The stock of Fastenal Company (NASDAQ:FAST) earned “Buy” rating by Robert W. Baird on Thursday, April 12. Stifel Nicolaus maintained the stock with “Hold” rating in Tuesday, April 3 report. On Thursday, April 12 the stock rating was maintained by Stifel Nicolaus with “Hold”.

Fastenal Company, together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, and internationally. The company has market cap of $16.57 billion. It offers fasteners, and other industrial and construction supplies primarily under the Fastenal name. It has a 24.38 P/E ratio. The companyÂ’s fastener products include threaded fasteners, such as bolts, nuts, screws, studs, and related washers, which are used in manufactured products and building projects, as well as in the maintenance and repair of machines and structures.

More news for Fastenal Company (NASDAQ:FAST) were recently published by: Nasdaq.com, which released: “GMS or FAST: Which Is the Better Value Stock Right Now?” on August 27, 2018. Benzinga.com‘s article titled: “VantagePoint’s 5 Stocks To Watch: Uptrends In Discover And Progressive, Downtrends in Fastenal And Walmart” and published on August 27, 2018 is yet another important article.

Fastenal Company (NASDAQ:FAST) Institutional Positions Chart

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