Stock Market Watch

Fastenal Company – Revenues rose 20.4%

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Fastenal Company (NASDAQ:FAST). Last Market Price: 33.22, Change: -1.40, % Change: (-4.04%). Shares trade in the range of 32.26 – 34.45 dollars. It has a market capitalization of 9.80B dollars, making it a Mid Cap Stock and has 295.12M outstanding shares. The company has a beta of 0.93, indicating, the stock to be less volatile than the market. As per the most recent quarterly report, the net income per share (EPS) is 1.06; P/E of 31.27. It operates in Capital Goods sector and belongs to Constr. and Agric. Machinery industry. Percentage shares held by institutional investors is 87%. The company has a 52 week high of $ 37.78 and a 52 week low of $ 25.36. Average volumes of shares traded daily are 3,130,000. Volume traded in the last session was at 2,120,000, 0.68 times the average volume.

  • Reports Q3 (Sep)
    • EPS of $0.33 in-line with the estimates
    • Revenues rose 20.4% year on year to $726.8 million

For Q2 (Jun ’11), It had a Net profit margin of 13.41%, an Operating margin of 21.39%. Other Key stats and ratios are : Return on average assets of 24.30%, Return on average equity of 28.54%. The organization has an employee strength of 14,563

Consensus Recommendation is a Outperform.


Estimate for sales for the Quarter Ending Dec-11 show a mean of 673.56 million dollars, an estimate high of 688.50 million dollars and an estimate low of 654.30 million dollars. A year ago the figures stood at 616.16 million dollars.

Estimate for sales for the Quarter Ending Mar-12 show a mean of 739.91 million dollars, an estimate high of 764.58 million dollars and an estimate low of 720.50 million dollars. A year ago the figures stood at 644.70 million dollars.

Estimate for EPS for the Quarter Ending Dec-11 show a mean of 0.37 dollars, an estimate high of 0.57 dollars and an estimate low of 0.28 dollars. A year ago the figures stood at 0.26 dollars.

Estimate for EPS for the Quarter Ending Mar-12 show a mean of 0.33 dollars, an estimate high of 0.34 dollars and an estimate low of 0.32 dollars. A year ago the figures stood at 0.28 dollars.

Sales for Quarter Ending Jun-11 was estimated at 688.58 million dollars, however the actual sales figure stood at 701.73 million dollars, 13.15 million dollars more than estimates.

Sales for Quarter Ending Mar-11 was estimated at 630.43 million dollars, however the actual sales figure stood at 640.58 million dollars, 10.15 million dollars more than estimates.

edliston
Post Written By: Ed Liston

Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht.


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Ed Liston

Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing.

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