Fastenal Co. Stock
Fastenal Co. Stock
Pros and Cons of Fastenal Co. in the next few years
Pros
Cons
Performance of Fastenal Co. vs. its peers
Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
---|---|---|---|---|---|---|---|
Fastenal Co. | 1.030% | -1.229% | -10.339% | 26.220% | 6.924% | 43.331% | 113.592% |
Stanley Black & Decker Inc. | 1.730% | 2.727% | -9.115% | 9.149% | -9.217% | -54.938% | -34.260% |
IDEX Corp. | -0.530% | 0.194% | -7.326% | 8.555% | 5.070% | 10.267% | - |
Parker-Hannifin | 0.620% | 4.812% | 0.232% | 67.442% | 23.635% | 97.486% | 242.088% |
sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.Upon examining the financial statements of Fastenal (US symbol: FAST) from the Machinery, Equipment & Components industry, it appears that the company has experienced a positive financial growth in recent years. The key financial ratios and metrics indicate an overall satisfactory company performance in term of operating efficiency, liquidity, and profitability. However, a closer look at individual financial figures is necessary to provide a detailed analysis of the strengths and weaknesses of Fastenal's financials.
Pros
Revenue Growth: Fastenal's total revenue has been consistently increasing over the years. From 2020 to 2022, the company's revenue increased from $5.65 billion to $6.98 billion, indicating a continuously expanding business operation.
Comments
News
Why Fastenal Stock Fell Today
Fastenal (NASDAQ: FAST) continues to see sluggish demand in the industrial sector, and its latest results are weighing on the stock. Shares of Fastenal were down 7% at 3:30 p.m. ET. after the parts
Dividend Aristocrat Fastenal Goes on Sale: Buy It While It’s Down
Dividend Aristocrat Fastenal (NASDAQ: FAST) fell about 5% after its Q1 release and may fall further. Not because the business is flagging but because the valuation has run up to unsustainable
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