Daniel Florness - Fastenal CEO Pres

FAS Stock  EUR 72.08  1.04  1.46%   

Insider

Daniel Florness is CEO Pres of Fastenal Company
Age 60
Phone507 454 5374
Webhttps://www.fastenal.com

Daniel Florness Latest Insider Activity

Tracking and analyzing the buying and selling activities of Daniel Florness against Fastenal stock is an integral part of due diligence when investing in Fastenal. Daniel Florness insider activity provides valuable insight into whether Fastenal is net buyers or sellers over its current business cycle. Note, Fastenal insiders must abide by specific rules, including filing SEC forms every time they buy or sell Fastenal'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Fastenal Management Efficiency

The company has return on total asset (ROA) of 0.2054 % which means that it generated a profit of $0.2054 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.3503 %, meaning that it generated $0.3503 on every $100 dollars invested by stockholders. Fastenal's management efficiency ratios could be used to measure how well Fastenal manages its routine affairs as well as how well it operates its assets and liabilities.
Fastenal Company has accumulated 353.2 M in total debt with debt to equity ratio (D/E) of 0.21, which may suggest the company is not taking enough advantage from borrowing. Fastenal has a current ratio of 4.1, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Fastenal until it has trouble settling it off, either with new capital or with free cash flow. So, Fastenal's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Fastenal sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Fastenal to invest in growth at high rates of return. When we think about Fastenal's use of debt, we should always consider it together with cash and equity.

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Fastenal Company, together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, Mexico, North America, and internationally. Fastenal Company was founded in 1967 and is headquartered in Winona, Minnesota. FASTENAL operates under Industrial Distribution classification in Germany and is traded on Frankfurt Stock Exchange. It employs 17860 people. Fastenal Company (FAS) is traded on Frankfurt Exchange in Germany and employs 19,854 people.

Management Performance

Fastenal Leadership Team

Elected by the shareholders, the Fastenal's board of directors comprises two types of representatives: Fastenal inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Fastenal. The board's role is to monitor Fastenal's management team and ensure that shareholders' interests are well served. Fastenal's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Fastenal's outside directors are responsible for providing unbiased perspectives on the board's policies.
Terry Owen, Sr Operations
William Drazkowski, Ex Sales
Holden Lewis, Ex CFO
Ellen Stolts, Financial Mang
Daniel Florness, CEO Pres
James Jansen, Ex Manufacturing
Jeffery Watts, Ex Sales
John Milek, VP Counsel
Sheryl Lisowski, Chief VP
Reyne Wisecup, EVP Director

Fastenal Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Fastenal a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

Additional Information and Resources on Investing in Fastenal Stock

When determining whether Fastenal is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Fastenal Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Fastenal Company Stock. Highlighted below are key reports to facilitate an investment decision about Fastenal Company Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in 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 board of governors.
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Please note, there is a significant difference between Fastenal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fastenal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fastenal's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.