By Mill Chart
Last update: Feb 8, 2024
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.
Every day ChartMill assigns a Fundamental Rating to every stock. The score ranges from 0 to 10 and is determined by evaluating multiple fundamental indicators and properties.
Overall FAST gets a fundamental rating of 7 out of 10. We evaluated FAST against 52 industry peers in the Trading Companies & Distributors industry. FAST scores excellent points on both the profitability and health parts. This is a solid base for a good stock. FAST is valied quite expensively at the moment, while it does show a decent growth rate. These ratings would make FAST suitable for quality investing!
For an up to date full fundamental analysis you can check the fundamental report of FAST
Our Caviar Cruise screen will find you more ideas suited for quality investing.
This article should in no way be interpreted as advice in any way. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.
FASTENAL CO
NASDAQ:FAST (4/19/2024, 3:30:02 PM)
After market: 67.57 0 (0%)67.57
+0.07 (+0.1%)
These S&P500 stocks are moving in today's session
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.