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Fastenal

$71.08

0.95 (1.35%)

17:06
04/18/19
04/18
17:06
04/18/19
17:06

Fastenal approves two-for-one stock split

Fastenal Company announced that its board approved a two-for-one stock split of the company's outstanding common stock. The stock split will take effect at the close of business on May 22.

  • 23

    Apr

  • 05

    Jun

FAST Fastenal
$71.08

0.95 (1.35%)

02/12/19
KEYB
02/12/19
DOWNGRADE
KEYB
Sector Weight
KeyBanc downgrades Fastenal on more balanced risk/reward profile
KeyBanc analyst Steve Barger downgraded Fastenal to Sector Weight from Overweight. The analyst continues to view the company as a "best-in-class" distributor with a "sizable first-mover advantage" in OnSite and Vending, but he finds the stock's risk/reward as more balanced near his prior price target of $62. At current levels, Fastenal is trading in line with its historical enterprise value to /EBITDA multiple as well as its historical premium to peers, Barger tells investors in a research note. Further, the analyst would not move his price target higher given the company's "tough comps against moderating cycle growth" and his view that distributor multiples are unlikely to return to historical levels.
02/12/19
02/12/19
DOWNGRADE

Fly Intel: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. BHP Billiton (BHP) downgraded to Neutral from Buy at Goldman Sachs. 2. Gilead (GILD) downgraded to Neutral from Buy at Citi and to Market Perform from Outperform at Wells Fargo. 3. Cisco (CSCO) downgraded to Equal Weight from Overweight at Morgan Stanley with analyst James Faucette saying Cisco's multiple has meaningfully expanded over the past 1.5 years as estimates and expectations have built in a likely benefit from security-driven networking. 4. Take-Two (TTWO) downgraded to Underperform from Market Perform at BMO Capital with analyst Gerrick Johnson saying that after a 2-year "hype machine" blast for its Red Dead Redemption 2 title and its "strong" premier, the buzz around the game has "dissipated markedly." 5. Fastenal (FAST) downgraded to Sector Weight from Overweight at KeyBanc with analyst Steve Barger saying he continues to view the company as a "best-in-class" distributor with a "sizable first-mover advantage" in OnSite and Vending, but he finds the stock's risk/reward as more balanced near his prior price target of $62. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
04/12/19
GDHS
04/12/19
DOWNGRADE
Target $270
GDHS
Underperform
Grainger downgraded to Underperform from Hold at Gordon Haskett
Gordon Haskett analyst John Inch downgraded Grainger (GWW) to Underperform from Hold and cut his price target to $270 from $300 due to his view of the risk that Grainger's U.S. sales significantly decelerate, driven by his analysis of web data. Considering his view that much of Grainger's share price appreciation in the past two years has likely been driven by U.S. results that surprised to the upside, Inch believes the stock's multiple could contract in the case of U.S. miss, he tells investors. The "lackluster" web traffic trends, at a minimum, are a sign that Grainger's on-line market share gains are no longer accelerating, said Inch, who also cites strong results from Fastenal (FAST).
04/15/19
NRCS
04/15/19
DOWNGRADE
NRCS
Neutral
Fastenal downgraded to Neutral on valuation at Northcoast
Northcoast analyst Ryan Cieslak downgraded Fastenal to Neutral from Buy citing valuation.

TODAY'S FREE FLY STORIES

BP

BP

$36.63

-0.45 (-1.21%)

, COP

ConocoPhillips

$59.83

-0.8 (-1.32%)

16:56
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12/05
16:56
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16:56
Periodicals
OPEC cancels customary press conference after meeting, CNBC reports »

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$36.63

-0.45 (-1.21%)

COP

ConocoPhillips

$59.83

-0.8 (-1.32%)

TOT

Total

$52.29

0.02 (0.04%)

XOM

Exxon Mobil

$68.41

-0.24 (-0.35%)

CVX

Chevron

$116.30

-0.66 (-0.56%)

RDS.A

Royal Dutch Shell

$56.50

-0.34 (-0.60%)

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SAGE

Sage Therapeutics

$60.11

-89.11 (-59.72%)

16:53
12/05/19
12/05
16:53
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16:53
Recommendations
Sage Therapeutics analyst commentary  »

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EMN

Eastman Chemical

$75.68

0.67 (0.89%)

16:43
12/05/19
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16:43
Hot Stocks
Eastman Chemical raises quarterly dividend 6.5% to 66c from 62c per share »

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EVRI

Everi Holdings

$11.86

-1 (-7.78%)

16:43
12/05/19
12/05
16:43
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16:43
Syndicate
Everi Holdings 10M share Secondary priced at $11.25 »

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ZUMZ

Zumiez

$30.63

0.67 (2.24%)

16:39
12/05/19
12/05
16:39
12/05/19
16:39
Earnings
Zumiez raises FY19 SSS growth view to 4.0%-4.5% from prior view 2.0%-4.0% »

Based upon better than…

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CRWD

Crowdstrike

$53.00

-2.04 (-3.71%)

16:38
12/05/19
12/05
16:38
12/05/19
16:38
Earnings
Crowdstrike raises FY20 EPS view to (53c)-(52c) from (65c)-(62c) »

Consensus (63c). Raises…

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FNHC

Federated National

$15.37

-0.04 (-0.26%)

16:36
12/05/19
12/05
16:36
12/05/19
16:36
Hot Stocks
Federated National announces new $10M share repurchase program »

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CRWD

Crowdstrike

$53.00

-2.04 (-3.71%)

16:36
12/05/19
12/05
16:36
12/05/19
16:36
Earnings
Crowdstrike sees Q4 adjusted EPS (9c)-(8c), consensus (11c) »

Sees Q4 revenue…

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CRWD

Crowdstrike

$53.00

-2.04 (-3.71%)

16:35
12/05/19
12/05
16:35
12/05/19
16:35
Earnings
Crowdstrike reports Q3 adjusted EPS (7c), consensus (11c) »

Reports Q3 revenue…

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EPZM

Epizyme

$15.32

-0.48 (-3.04%)

16:35
12/05/19
12/05
16:35
12/05/19
16:35
Upgrade
Epizyme rating change  »

Epizyme upgraded to…

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ESTA

Establishment Labs

$24.31

0.32 (1.33%)

16:35
12/05/19
12/05
16:35
12/05/19
16:35
Hot Stocks
Establishment Labs reaches one million Motiva implants milestone »

Establishment Labs…

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IDT

IDT Corp

$7.47

0.26 (3.61%)

16:34
12/05/19
12/05
16:34
12/05/19
16:34
Earnings
IDT Corp reports Q1 EPS 10c vs. (2c) last year »

Reports Q1 revenue…

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    Dec

KODK

Kodak

$2.59

0.085 (3.39%)

16:33
12/05/19
12/05
16:33
12/05/19
16:33
Hot Stocks
Kodak's Karfunkel acquires over 4.4M common shares »

In a regulatory filing,…

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PAC

GAP Airports

$99.66

-1.12 (-1.11%)

16:32
12/05/19
12/05
16:32
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16:32
Hot Stocks
GAP Airports reports November traffic up 10.1% »

GAP Airports announced…

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JOE

Saint Joe Co.

$19.49

0.7 (3.73%)

16:32
12/05/19
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16:32
Hot Stocks
St. Joe, HomeCorp to build additional 120 apartment homes in Panama City Beach »

The St. Joe Company and…

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ALEC

Alector

$19.44

-0.17 (-0.87%)

16:32
12/05/19
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16:32
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16:32
Hot Stocks
Alector announces FDA fast track designation granted to AL001 for dementia »

Alector announced that…

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MGLN

Magellan Health

$76.79

-0.12 (-0.16%)

16:31
12/05/19
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16:31
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16:31
Hot Stocks
Magellan Health names James Murray as President and COO »

Magellan Health announced…

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SWIR

Sierra Wireless

$9.15

0.12 (1.33%)

16:31
12/05/19
12/05
16:31
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16:31
Hot Stocks
Sierra Wireless CFO Dave McLennan retiring in mid-2020 »

Sierra Wireless CFO Dave…

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  • 13

    Feb

ASR

Asur

$167.79

-1.88 (-1.11%)

16:30
12/05/19
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16:30
Hot Stocks
Asur reports total November passenger traffic up 7.3% »

Asur announced that total…

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AXNX

Axonics

$25.05

0.92 (3.81%)

16:30
12/05/19
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16:30
Hot Stocks
Integrated Core Strategies reports 5.1% passive stake in Axonics »

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COO

Cooper Companies

$313.10

1 (0.32%)

16:30
12/05/19
12/05
16:30
12/05/19
16:30
Earnings
Cooper Companies sees Q1 EPS $2.65-$2.75, consensus $2.97 »

Sees Q1 revenue…

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  • 05

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16:30
12/05/19
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16:30
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16:30
Options
Preliminary option volume of 14.7M today »

Preliminary option volume…

COO

Cooper Companies

$312.96

0.86 (0.28%)

16:28
12/05/19
12/05
16:28
12/05/19
16:28
Earnings
Cooper Companies sees FY20 EPS $12.60-$13.30, consensus $13.10 »

Sees FY20 revenue…

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    Dec

BOLD

Audentes Therapeutics

$59.19

-0.09 (-0.15%)

, ALPMY

Astellas Pharma

$0.00

(0.00%)

16:27
12/05/19
12/05
16:27
12/05/19
16:27
Downgrade
Audentes Therapeutics, Astellas Pharma rating change  »

Audentes Therapeutics…

BOLD

Audentes Therapeutics

$59.19

-0.09 (-0.15%)

ALPMY

Astellas Pharma

$0.00

(0.00%)

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  • 07

    Dec

ZUMZ

Zumiez

$30.63

0.67 (2.24%)

16:27
12/05/19
12/05
16:27
12/05/19
16:27
Earnings
Zumiez provides Q4 quarter to date sales update »

With the Thanksgiving…

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