Fastenal Company Stock Buy Hold or Sell Recommendation
| FAST Stock | USD 83.71 0.39 0.46% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Fastenal Company is 'Strong Buy'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Fastenal Company given historical horizon and risk tolerance towards Fastenal. When Macroaxis issues a 'buy' or 'sell' recommendation for Fastenal Company, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Fastenal Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Fastenal and provide practical buy, sell, or hold advice based on investors' constraints. Fastenal Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Fastenal |
Execute Fastenal Buy or Sell Advice
The Fastenal recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Fastenal Company. Macroaxis does not own or have any residual interests in Fastenal Company or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Fastenal's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | Solid | Details | |
Volatility | Very steady | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Fastenal Trading Alerts and Improvement Suggestions
| Over 85.0% of the company shares are owned by institutional investors | |
| On 22nd of November 2024 Fastenal paid $ 0.39 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Beat the Market the Zacks Way Oracle, American Healthcare, Palantir in Focus |
Fastenal Returns Distribution Density
The distribution of Fastenal's historical returns is an attempt to chart the uncertainty of Fastenal's future price movements. The chart of the probability distribution of Fastenal daily returns describes the distribution of returns around its average expected value. We use Fastenal Company price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Fastenal returns is essential to provide solid investment advice for Fastenal.
| Mean Return | 0.35 | Value At Risk | -1.58 | Potential Upside | 1.52 | Standard Deviation | 1.72 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Fastenal historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Fastenal Stock Institutional Investors
The Fastenal's institutional investors refer to entities that pool money to purchase Fastenal's securities or originate loans. These institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds.
| Shares | Principal Financial Group Inc | 2024-09-30 | 6.5 M | Northern Trust Corp | 2024-09-30 | 6.4 M | Legal & General Group Plc | 2024-06-30 | 5.9 M | Amvescap Plc. | 2024-06-30 | 5.8 M | Goldman Sachs Group Inc | 2024-06-30 | 5.5 M | Cantillon Capital Management Llc | 2024-09-30 | 4.9 M | Envestnet Asset Management Inc | 2024-09-30 | 4.8 M | Ubs Asset Mgmt Americas Inc | 2024-09-30 | 4.7 M | Franklin Resources Inc | 2024-09-30 | 4.6 M | Vanguard Group Inc | 2024-09-30 | 71.7 M | Blackrock Inc | 2024-06-30 | 46.4 M |
Fastenal Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (84.4M) | 36M | (189.5M) | (198M) | 189.1M | 198.6M | |
| Change In Cash | 7.7M | 70.8M | (9.5M) | (6.1M) | (8.8M) | (8.4M) | |
| Free Cash Flow | 596.3M | 933.7M | 613.5M | 767.2M | 1.3B | 1.3B | |
| Depreciation | 148.7M | 162.4M | 170.7M | 176.6M | 177.3M | 186.2M | |
| Capital Expenditures | 246.4M | 168.1M | 156.6M | 173.8M | 172.8M | 95.4M | |
| Net Income | 790.9M | 859.1M | 925M | 1.1B | 1.2B | 1.2B | |
| End Period Cash Flow | 174.9M | 245.7M | 236.2M | 230.1M | 221.3M | 232.4M | |
| Dividends Paid | 498.6M | 803.4M | 643.7M | 711.3M | 1.0B | 1.1B | |
| Other Non Cash Items | 4.3M | 6.1M | 1.4M | (700K) | (2.1M) | (2.0M) | |
| Change To Netincome | 25M | 14.7M | (6.7M) | 1.6M | 1.8M | 1.7M | |
| Investments | (239.7M) | (281.7M) | (148.5M) | (163M) | (169.6M) | (178.1M) | |
| Change Receivables | (30.4M) | (29.7M) | (135.2M) | (119.8M) | (107.8M) | (102.4M) | |
| Net Borrowings | (155M) | 60M | (15M) | 165M | 148.5M | 155.9M |
Fastenal Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Fastenal or Trading Companies & Distributors sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Fastenal's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Fastenal stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.17 | |
β | Beta against Dow Jones | 1.35 | |
σ | Overall volatility | 1.75 | |
Ir | Information ratio | 0.13 |
Fastenal Volatility Alert
Fastenal Company has low volatility with Treynor Ratio of 0.25, Maximum Drawdown of 11.5 and kurtosis of 16.29. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Fastenal's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Fastenal's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Fastenal Fundamentals Vs Peers
Comparing Fastenal's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Fastenal's direct or indirect competition across all of the common fundamentals between Fastenal and the related equities. This way, we can detect undervalued stocks with similar characteristics as Fastenal or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Fastenal's fundamental indicators could also be used in its relative valuation, which is a method of valuing Fastenal by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Fastenal to competition |
| Fundamentals | Fastenal | Peer Average |
| Return On Equity | 0.33 | -0.31 |
| Return On Asset | 0.2 | -0.14 |
| Profit Margin | 0.15 % | (1.27) % |
| Operating Margin | 0.20 % | (5.51) % |
| Current Valuation | 48.21 B | 16.62 B |
| Shares Outstanding | 572.89 M | 571.82 M |
| Shares Owned By Insiders | 0.17 % | 10.09 % |
| Shares Owned By Institutions | 85.10 % | 39.21 % |
| Number Of Shares Shorted | 13.27 M | 4.71 M |
| Price To Earning | 28.13 X | 28.72 X |
| Price To Book | 13.34 X | 9.51 X |
| Price To Sales | 6.44 X | 11.42 X |
| Revenue | 7.35 B | 9.43 B |
| Gross Profit | 3.22 B | 27.38 B |
| EBITDA | 1.71 B | 3.9 B |
| Net Income | 1.16 B | 570.98 M |
| Cash And Equivalents | 231.5 M | 2.7 B |
| Cash Per Share | 0.40 X | 5.01 X |
| Total Debt | 535 M | 5.32 B |
| Debt To Equity | 0.26 % | 48.70 % |
| Current Ratio | 3.98 X | 2.16 X |
| Book Value Per Share | 6.28 X | 1.93 K |
| Cash Flow From Operations | 1.43 B | 971.22 M |
| Short Ratio | 4.54 X | 4.00 X |
| Earnings Per Share | 2.01 X | 3.12 X |
| Price To Earnings To Growth | 4.59 X | 4.89 X |
| Target Price | 73.56 | |
| Number Of Employees | 20.89 K | 18.84 K |
| Beta | 0.98 | -0.15 |
| Market Capitalization | 48.18 B | 19.03 B |
| Total Asset | 4.46 B | 29.47 B |
| Retained Earnings | 3.36 B | 9.33 B |
| Working Capital | 2.36 B | 1.48 B |
Note: Disposition of 8474 shares by Johnson Daniel L. of Fastenal at 27.5 subject to Rule 16b-3 [view details]
Fastenal Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Fastenal . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Fastenal Buy or Sell Advice
When is the right time to buy or sell Fastenal Company? Buying financial instruments such as Fastenal Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Fastenal in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run FinTech Thematic Idea Now
FinTech
High long term potential financial entities that are ranging from payment processing, investment management to commercial and investment banking. The FinTech theme has 81 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize FinTech Theme or any other thematic opportunities.
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Additional Tools for Fastenal Stock Analysis
When running Fastenal's price analysis, check to measure Fastenal's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fastenal is operating at the current time. Most of Fastenal's value examination focuses on studying past and present price action to predict the probability of Fastenal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fastenal's price. Additionally, you may evaluate how the addition of Fastenal to your portfolios can decrease your overall portfolio volatility.