Fastenal Company (NASDAQ:FAST) To Release Earnings

It was reported on Oct, 12 by Barchart.com. The firm has a market capitalization of $12.63 billion, a price-to-earnings ratio of 24.95 and a beta of 1.02. The Firm is an equipment rental company, which operates throughout the United States and Canada.

Over the past year, the price of Fastenal Company (FAST) has increased 6.51% while the S&P 500 has increased 17.79%. Chase Investment Counsel Corp who had been investing in Celanese Corp Del for a number of months, seems to be less bullish one the $14.66B market cap company. The Firm is engaged in fastener distribution, and non-fastener maintenance and supply business. It has a 23.99 P/E ratio. As of December 31, 2016, it distributed these supplies through a network of approximately 2,500 stores.

Investors sentiment increased to 1.29 in Q2 2017. Its up 0.25, from 1.04 in 2017Q1. Sold All: 56 Reduced: 168 Increased: 218 New Position: 70. The hedge funds in our partner's database now have: 231.14 million shares, up from 229.74 million shares in 2017Q1. Bell National Bank & Trust reported 0.16% stake. Comerica owns 0.08% invested in Fastenal Company (NASDAQ:FAST) for 12,668 shares. Stifel Nicolaus maintained Fastenal Company (NASDAQ:FAST) rating on Thursday, January 19. During the same quarter in the prior year, the company earned $0.44 EPS. The shares were acquired at an average price of $42.71 per share, with a total value of $25,626.00. The shares were bought at an average cost of $40.58 per share, for a total transaction of $32,464.00. Counselors stated it has 0.03% in Fastenal Company (NASDAQ:FAST). Mufg Americas stated it has 0.03% of its portfolio in Fastenal Company (NASDAQ:FAST). Whalerock Point Prns Ltd Liability Corporation holds 0.07% or 4,613 shares in its portfolio. Wagner Bowman Mgmt holds 0.3% of its portfolio in Celanese Corporation (NYSE:CE) for 11,449 shares. There has been an observed change of 0.42% in the ownership of the shares in the past six months. Petrus Lta invested in 7,746 shares. The stock of Fastenal Company (NASDAQ:FAST) earned "Buy" rating by Stifel Nicolaus on Thursday, March 17. Also, Director Daniel L. Johnson bought 600 shares of the business's stock in a transaction that occurred on Monday, July 24th. Therefore 53% are positive. Finally, Credit Suisse Group reaffirmed a "buy" rating and issued a $52.00 target price on shares of Fastenal in a report on Thursday, July 13th.

Moving toward other technical indicators, stock is wondering in considerable region as it has 20 days moving average of -1.00% and struggles for 50 days moving average of buoyant run is 2.68%. FAST was included in 44 notes of analysts from July 21, 2015. Northcoast Research has a "Buy" rating on the stock. Wells Fargo & Company reaffirmed a "market perform" rating and issued a $47.00 target price (down from $51.00) on shares of Fastenal in a report on Wednesday, July 12th. The firm earned "Hold" rating on Friday, September 4 by William Blair. Nomura maintained the stock with "Neutral" rating in Tuesday, October 10 report. The company was maintained on Wednesday, October 11 by Stephens.

According to Finviz reported data, The SMA20 of the stock is at -1 percent, SMA50 is 2.68 percent, while SMA200 is -3.33 percent. The rating was upgraded by Janney Capital on Wednesday, November 2 to "Buy". The firm earned "Neutral" rating on Tuesday, March 22 by Sterne Agee CRT.

Wall Street await Fastenal Company (NASDAQ:FAST) to release earnings on October, 11 before the open.

Since May 25, 2017, it had 1 insider purchase, and 0 insider sales for $43,760 activity.

Now insiders hold 25,998,801 shares in the business which makes up 8.99% of shares. Boyd Watterson Asset Ltd Llc Oh owns 11,292 shares. Seven Eight Capital LP now owns 9,700 shares of the company's stock worth $422,000 after purchasing an additional 3,900 shares in the last quarter. The stock's quarterly performance represents optimistic momentum of 2.91 percent. Herndon Capital Management Llc, a Georgia-based fund reported 121,870 shares.

Among 15 analysts covering Celanese (NYSE:CE), 11 have Buy rating, 1 Sell and 3 Hold. The lowest target is $79.0 while the high is $130.0. Morgan Stanley reissued an "equal weight" rating and set a $43.00 target price (down previously from $46.00) on shares of Fastenal in a research report on Monday, June 26th. The firm has "Neutral" rating by Credit Suisse given on Wednesday, October 14.

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