Company name | Fastenal Company |
Stock ticker | FAST |
Live stock price | [stckqut]FAST[/stckqut] |
P/E compared to competitors | Fair |
MANAGEMENT EXECUTION
Employee productivity | Fair |
Sales growth | Good |
EPS growth | Good |
P/E growth | Poor |
EBIT growth | Good |
ANALYSIS
Confident Investor Rating | Fair |
Target stock price (TWCA growth scenario) | $47.18 |
Target stock price (averages with growth) | $64.29 |
Target stock price (averages with no growth) | $50.51 |
Target stock price (manual assumptions) | $46.92 |
The following company description is from Google Finance: http://www.google.com/finance?q=fast
Fastenal Company is engaged in selling industrial and construction supplies in a wholesale and retail fashion. The industrial and construction supplies are grouped into eleven product lines. The Company distributes the supplies through a network of approximately 2,600 company owned stores. Most of its customers are in the manufacturing and non-residential construction markets. The manufacturing market includes both original equipment manufacturers (OEM) and maintenance and repair operations (MRO). The non-residential construction market includes general, electrical, plumbing, sheet metal, and road contractors. Other users of its product include farmers, truckers, railroads, mining companies, federal, state, and local governmental entities, schools, and certain retail trades. Geographically, its stores and customers are primarily located in North America. As of December 31, 2011, the Company had 2,585 store locations.
Confident Investor comments: At this time, I think that a Confident Investor can cautiously invest in this stock as long as the price is correct. Most of the fundamentals of this company are good but there are some concerns.