Fastenal Co (FAST) Files 10-K for the Fiscal Year Ended on December 31, 2019

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Feb 07, 2020
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Fastenal Co (FAST, Financial)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2019. Fastenal Co is an industrial supplies company. It distributes maintains, repairs, and operates supplies to industrial and construction customers. Its product portfolio includes OEM fasteners, safety products, tools and equipment. Fastenal Co has a market cap of $21.73 billion; its shares were traded at around $37.84 with a P/E ratio of 27.42 and P/S ratio of 4.08. The dividend yield of Fastenal Co stocks is 2.38%. Fastenal Co had annual average EBITDA growth of 11.90% over the past ten years. GuruFocus rated Fastenal Co the business predictability rank of 3.5-star. GuruFocus has detected 3 severe warning signs with Fastenal Co. .

For the last quarter Fastenal Co reported a revenue of $1.3 billion, compared with the revenue of $1.2 billion during the same period a year ago. For the latest fiscal year the company reported a revenue of $5.3 billion, an increase of 7.4% from last year. For the complete 30-year financial data, please go here.. For the last five years Fastenal Co had an average revenue growth rate of 7.8% a year.

The reported diluted earnings per share was $1.38 for the year, an increase of 5.3% from previous year. Over the last five years Fastenal Co had an EPS growth rate of 11.7% a year. The Fastenal Co had a decent operating margin of 19.8%, compared with the operating margin of 20.11% a year before. The 10-year historical median operating margin of Fastenal Co is 20.44%. The profitability rank of the company is 9 (out of 10).

At the end of the fiscal year, Fastenal Co has the cash and cash equivalents of $174.9 million, compared with $167.2 million in the previous year. The long term debt was $490.2 million, compared with $497.0 million in the previous year. The interest coverage to the debt is at a comfortable level of 76. Fastenal Co has a financial strength rank of 7 (out of 10).

At the current stock price of $37.84, Fastenal Co is traded at 13.2% premium to its historical median P/S valuation band of $33.43. The P/S ratio of the stock is 4.08, while the historical median P/S ratio is 3.60. The intrinsic value of the stock is $25.42 a share, according to GuruFocus DCF Calculator. The stock gained 26.15% during the past 12 months.

Directors and Officers Recent Trades:

  • Director Michael J Ancius bought 740 shares of FAST stock on 01/27/2020 at the average price of $34.94. The price of the stock has increased by 8.3% since.
  • Director Darren R Jackson bought 18,000 shares of FAST stock on 01/23/2020 at the average price of $35.57. The price of the stock has increased by 6.38% since.

For the complete 20-year historical financial data of FAST, click here.