Earnings Forecast Research on Fastenal Company (FAST)

Fastenal Company has received $0.45 as the consensus Earnings Estimate for the Quarter ending on Mar 2017 ,According to the estimate provided by 8 Financial Advisor in the Stock Trading Firms. Among 8 Analysts, Bottom line EPS Estimate for the current quarter is $0.44 while the top line estimate is $0.47 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at 2.84%.

Fastenal Company reported better than expected with a surprise EPS of 5.26% or $0.02 during its most recent quarterly earnings. The Actual EPS was $0.4 compared to the Estimated EPS of $0.38. Winona based Fastenal Company Last reported the Quarter results on Dec 31, 2016 and the Next earnings date is scheduled to be released on Apr 11, 2017.

Fastenal Company has a Price to Earnings ratio of 29.02 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 7.52. For the Most Recent Fiscal Year, Fastenal Company has a price to cash ratio of 24.09. For the Trailing twelve month period, company showed a Net Profit Margin of 12.61% and Return on Equity of the stock is 26.52%.

In the last quarter, Fastenal Company reported Annual Earnings of $0.4. Based on the filings, last years Annual Earnings was, $1.73. In the last Quarter, FAST reported a surprise Earnings per Share of 5.26% . The consensus estimate for current quarter is $0.45 and for the current fiscal year, the estimate is $1.83. For the Next fiscal year, the estimate is $2 based on the consensus.

Fastenal Company (NASDAQ:FAST) stock ended Tuesday session in the red zone in a volatile trading. The stock closed down 0.52 points or 1.04% at $49.68 with 2,013,444 shares getting traded. Post opening the session at $50.11, the shares hit an intraday low of $49.31 and an intraday high of $50.21 and the price was in this range throughout the day. The company has a market cap of $14,366 million and the number of outstanding shares has been calculated to be 289,161,920 shares. The 52-week high of Fastenal Company (NASDAQ:FAST) is $51.56 and the 52-week low is $37.7.

Fastenal Company sells industrial and construction supplies grouped into eleven product lines. The traditional Fastenal? product line consists of threaded fasteners and other miscellaneous supplies. The Company also sells, in its other ten product lines, tools, metal cutting tool blades and blade resharpening services, fluid transfer components and accessories for hydraulic and pneumatic power, material handling and storage products, janitorial and paper products, electrical supplies, welding supplies, safety supplies, and raw materials.


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