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The Stanley Cup final between the Florida Panthers and Edmonton Oilers began June 8. It's only appropriate, then, that I consider three hockey stocks to buy to celebrate the occasion.
Fastenal's (FAST) average daily sales growth rate improves sequentially in May with a minor FX impact on growth.
Income investors love Dividend Aristocrats. And why not?
Cyclical stocks are facing challenges due to inflation and geopolitical uncertainties. Fastenal's stock has dropped 16% from its recent highs, presenting a buying opportunity. Fastenal's unique distribution model, extensive Onsite locations, and robust e-commerce platform make it a compelling investment.
Examine the evolution of Fastenal's (FAST) overseas revenue trends and their effects on Wall Street's forecasts and the stock's prospects.
Recently, Zacks.com users have been paying close attention to Fastenal (FAST). This makes it worthwhile to examine what the stock has in store.
Fastenal (FAST) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
Fastenal posted a slight miss in the first quarter, and said demand weakness continues to be an issue. The company is weathering a tough period relatively well, but needs customer demand to increase before it can really accelerate from here.
Dividend Aristocrat Fastenal NASDAQ: FAST fell about 5% after its Q1 release and may fall further. Not because the business is flagging but because the valuation has run up to unsustainable levels.
Shares of Fastenal (FAST) slipped Thursday as the distributor of fasteners and tools attributed lower-than-expected quarterly results to weakness in the manufacturing sector.