Fastenal Company Stock Price on March 6, 2024
| FAST Stock | USD 64.76 1.26 1.91% |
Below is the normalized historical share price chart for Fastenal Company extending back to August 20, 1987. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Fastenal stands at 64.76, as last reported on the 29th of May, with the highest price reaching 65.92 and the lowest price hitting 64.61 during the day.
If you're considering investing in Fastenal Stock, it is important to understand the factors that can impact its price. Fastenal secures Sharpe Ratio (or Efficiency) of -0.14, which denotes the company had a -0.14% return per unit of risk over the last 3 months. Fastenal Company exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fastenal's Standard Deviation of 1.26, variance of 1.58, and Mean Deviation of 0.832 to check the risk estimate we provide.
At this time, Fastenal's Total Stockholder Equity is comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 648 M in 2024, whereas Stock Based Compensation is likely to drop slightly above 4.6 M in 2024. . At this time, Fastenal's Price Earnings Ratio is comparatively stable compared to the past year. Price Earnings To Growth Ratio is likely to gain to 4.89 in 2024, whereas Price To Sales Ratio is likely to drop 3.10 in 2024. Fastenal Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 26th of March 1990 | 200 Day MA 64.4874 | 50 Day MA 70.8154 | Beta 1.059 |
Fastenal |
Sharpe Ratio = -0.137
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Estimated Market Risk
| 1.28 actual daily | 11 89% of assets are more volatile |
Expected Return
| -0.18 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Fastenal is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Fastenal by adding Fastenal to a well-diversified portfolio.
Price Book 12.0444 | Enterprise Value Ebitda 23.7694 | Price Sales 5.4634 | Shares Float 570.8 M | Dividend Share 1.44 |
Fastenal Valuation on March 6, 2024
It is possible to determine the worth of Fastenal on a given historical date. On March 6, 2024 Fastenal was worth 74.16 at the beginning of the trading date compared to the closed value of 73.89. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fastenal stock. Still, in general, we apply an absolute valuation method to find Fastenal's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Fastenal where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fastenal's related companies.
| Open | High | Low | Close | Volume | |
| 74.48 | 75.34 | 73.91 | 73.91 | 3,655,188 | |
03/06/2024 | 74.16 | 75.04 | 73.76 | 73.89 | 3,614,710 |
| 74.88 | 76.25 | 74.80 | 75.50 | 3,853,584 |
| Backtest Fastenal | | | Fastenal History | | | Fastenal Valuation | Previous | Next |
Fastenal Trading Date Momentum on March 6, 2024
| On March 07 2024 Fastenal Company was traded for 75.50 at the closing time. The top price for the day was 76.25 and the lowest listed price was 74.80 . The trading volume for the day was 3.9 M. The trading history from March 7, 2024 was a factor to the next trading day price appreciation. The overall trading delta against the next closing price was 2.18% . The overall trading delta against the current closing price is 2.52% . |
Fastenal Fundamentals Correlations and Trends
By evaluating Fastenal's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Fastenal's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Fastenal financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Fastenal Stock history
Fastenal investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Fastenal is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fastenal will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Fastenal stock prices may prove useful in developing a viable investing in Fastenal
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 573 M | 648 M | |
| Net Income Applicable To Common Shares | 1.2 B | 1.3 B |
Fastenal Quarterly Net Working Capital |
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Fastenal Stock Technical Analysis
Fastenal technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Fastenal Period Price Range
Low | March 6, 2024
| High |
74.16 | 73.89 |
Fastenal May 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Fastenal stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fastenal shares will generate the highest return on investment. By undertsting and applying Fastenal stock market strength indicators, traders can identify Fastenal Company entry and exit signals to maximize returns
| Accumulation Distribution | 61658.17 | |||
| Daily Balance Of Power | (0.21) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 74.4 | |||
| Day Typical Price | 74.23 | |||
| Price Action Indicator | (0.65) | |||
| Period Momentum Indicator | (9.13) |
Fastenal Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fastenal's price direction in advance. Along with the technical and fundamental analysis of Fastenal Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Fastenal to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | (0.24) |
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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 tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Complementary 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.
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Is Fastenal's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fastenal. If investors know Fastenal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fastenal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.006 | Dividend Share 1.44 | Earnings Share 2.02 | Revenue Per Share 12.915 | Quarterly Revenue Growth 0.019 |
The market value of Fastenal is measured differently than its book value, which is the value of Fastenal that is recorded on the company's balance sheet. Investors also form their own opinion of Fastenal's value that differs from its market value or its book value, called intrinsic value, which is Fastenal's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fastenal's market value can be influenced by many factors that don't directly affect Fastenal's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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.