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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Fastenal Company    FAST

FASTENAL COMPANY

(FAST)
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Delayed Quote. Delayed Nasdaq - 07/22 04:00:00 pm
30.64 USD   +0.89%
07/19FASTENAL : Form4
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07/18FASTENAL : Continues 'Journey of Service' With 1,000th Onsite Location
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07/16FASTENAL : Form10-Q
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Fastenal : Profit Falls as Income Tax Expense Increases

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07/11/2019 | 07:30am EDT

By Allison Prang

Fastenal Co.'s (FAST) profit dropped in the second quarter as net sales rose but the company reported an increase in income tax expense.

The company reported $204.6 million in profit, down 3.1% from the comparable quarter a year earlier. Earnings were 36 cents a share, down from 37 cents a share. Analysts polled by Refinitiv were expecting 37 cents a share.

Net sales rose 7.9% to $1.37 billion. Analysts were expecting $1.38 billion.

Income tax expense rose 22% to $66.8 million. The company's cost of sales also rose 12% and interest expense rose to $3.7 million, up from $3.2 million.

Write to Allison Prang at allison.prang@wsj.com

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Latest news on FASTENAL COMPANY
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Financials (USD)
Sales 2019 5 372 M
EBIT 2019 1 062 M
Net income 2019 789 M
Debt 2019 291 M
Yield 2019 2,83%
P/E ratio 2019 22,3x
P/E ratio 2020 20,7x
EV / Sales2019 3,32x
EV / Sales2020 3,11x
Capitalization 17 570 M
Chart FASTENAL COMPANY
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Technical analysis trends FASTENAL COMPANY
Short TermMid-TermLong Term
TrendsBearishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 17
Average target price 32,15  $
Last Close Price 30,64  $
Spread / Highest target 27,3%
Spread / Average Target 4,94%
Spread / Lowest Target -8,62%
EPS Revisions
Managers
NameTitle
Daniel Lars Florness President, Chief Executive Officer & Director
Willard D. Oberton Chairman
Nicholas J. Lundquist Senior Executive Vice President-Operations
Holden Lewis Chief Financial Officer & Executive Vice President
John L. Soderberg Executive Vice President-Information Technology
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