BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Fastenal: A Buy After Q4 Numbers?]]>http://www.bloggingstocks.com/2011/01/19/fastenal-earnings/http://www.bloggingstocks.com/2011/01/19/fastenal-earnings/http://www.bloggingstocks.com/2011/01/19/fastenal-earnings/#commentsFiled under:

Fastenal (FAST), a business that deals in industrial supplies, reported stats for the fourth quarter on Tuesday. According to TheFly, the management team did not impress Wall Street's analysts. They were looking for 45 cents per share. Alas, the company came in shy of that number by the proverbial penny. However, as Benzinga notes, the year-over-year growth in net income was well over 40%.

Plus, the price action in the stock was quite nice after the release. Shares closed higher by 1.8% to a quote of $60.95. The 52-week high for the shares is $61.53. Volume was strong.

Continue reading Fastenal: A Buy After Q4 Numbers?

Fastenal: A Buy After Q4 Numbers? originally appeared on BloggingStocks on Wed, 19 Jan 2011 09:30:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>FASTFastenalfastenal earningsfastenal revenuefeaturedindustry salesinthenewsWed, 19 Jan 2011 09:30:00 EST<![CDATA[Fastenal Down After Q3 News]]>http://www.bloggingstocks.com/2010/10/12/fastenal-down-after-q3-news/http://www.bloggingstocks.com/2010/10/12/fastenal-down-after-q3-news/http://www.bloggingstocks.com/2010/10/12/fastenal-down-after-q3-news/#commentsFiled under:

Fastenal Company (FAST), a seller of industrial products, has done pretty well over the last year. Although its chart looks a little rocky on the right side, it has gained quite a bit of ground since the 52-week low of $34.41. Right now, with about ninety minutes to go before the end of the trading session, shares can be had for $52.81.

Unfortunately, that represents a decline of 3.5% for the stock. On the bright side, the company isn't far from its 52-week high of $56.65. And it's been in an uptrend since the end of August. One therefore has to wonder if this dip is an opportunity.

Continue reading Fastenal Down After Q3 News

Fastenal Down After Q3 News originally appeared on BloggingStocks on Tue, 12 Oct 2010 16:30:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>FASTFastenalindustry salesinthenewsTue, 12 Oct 2010 16:30:00 EST<![CDATA[Fastenal: Buy or Sell After Impressive Q2?]]>http://www.bloggingstocks.com/2010/07/14/fastenal-buy-or-sell-after-impressive-q2/http://www.bloggingstocks.com/2010/07/14/fastenal-buy-or-sell-after-impressive-q2/http://www.bloggingstocks.com/2010/07/14/fastenal-buy-or-sell-after-impressive-q2/#commentsFiled under:

Back in October of last year, I wasn't bullish on Fastenal (FAST). Today, though, things could be different after the company, which sells all kinds of industrial products (think tools, motors, chemicals, paints, etc.), reported its second-quarter numbers on Tuesday. The figures do tell a story of a nice rebound.

According to the corporate press release, the top line increased 20%, and the bottom line advanced 62% to 47 cents per share. The Fly says the latter went beyond expectations by three solid pennies. Shareholders have got to be happy with these stats.

Continue reading Fastenal: Buy or Sell After Impressive Q2?

Fastenal: Buy or Sell After Impressive Q2? originally appeared on BloggingStocks on Wed, 14 Jul 2010 15:20:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>FASTFastenalindustry salesWed, 14 Jul 2010 15:20:00 EST<![CDATA[Fastenal misses in Q3, but cash flow is okay]]>http://www.bloggingstocks.com/2009/10/13/fastenal-misses-in-q3-but-cash-flow-is-okay/http://www.bloggingstocks.com/2009/10/13/fastenal-misses-in-q3-but-cash-flow-is-okay/http://www.bloggingstocks.com/2009/10/13/fastenal-misses-in-q3-but-cash-flow-is-okay/#commentsFiled under:

Fastenal Company (NASDAQ: FAST), a company that sells supplies to the construction industry and whose colleagues include W.W. Grainger (NYSE: GWW) and MSC Industrial Direct Co. (NYSE: MSM), didn't do so well in its third quarter. According to Reuters, per-share profit missed expectations by a penny, coming in at 32 cents. Net sales, however, met expectations at $489 million.

A comparison of this year's data to last year's results also indicates a rather tepid performance. Fastenal earned 49 cents per share in the year-ago period according to the actual press release. In addition, the current quarter's top line saw a decline of well over 20%. The economy is limiting Fastenal's ability to grow, no question about that.

Continue reading Fastenal misses in Q3, but cash flow is okay

Fastenal misses in Q3, but cash flow is okay originally appeared on BloggingStocks on Tue, 13 Oct 2009 18:00:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>constructionFASTfastenalGWWindustry salesIndustrySalesmsc industrial directMscIndustrialDirectMSMw.w. graingerW.w.GraingerTue, 13 Oct 2009 18:00:00 EST