By Mill Chart
Last update: Oct 16, 2023
Quality investors are looking for the best of the best. Companies which are growing steadily and consistently, but are also in excellent financial condition. We will have a look here to see if FASTENAL CO (NASDAQ:FAST) is suited for quality investing. Investors should of course do their own research, but we spotted FASTENAL CO showing up in our Caviar Cruise quality screen, so it may be worth spending some more time on it.
ChartMill assigns a proprietary Fundamental Rating to each stock. The score is computed daily by evaluating various fundamental indicators and properties. The score ranges from 0 to 10.
We assign a fundamental rating of 7 out of 10 to FAST. FAST was compared to 53 industry peers in the Trading Companies & Distributors industry. FAST gets an excellent profitability rating and is at the same time showing great financial health properties. While showing a medium growth rate, FAST is valued expensive at the moment. These ratings could make FAST a good candidate for quality investing.
For an up to date full fundamental analysis you can check the fundamental report of FAST
More ideas for quality investing can be found on ChartMill in our Caviar Cruise screen.
This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.
FASTENAL CO
NASDAQ:FAST (4/26/2024, 7:00:02 PM)
After market: 68.17 0 (0%)68.17
+0.03 (+0.04%)
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Headwinds proved too much to overcome in the first quarter.
FAST stock results show that Fastenal missed analyst estimates for earnings per share and missed on revenue for the first quarter of 2024.