2. As of noon trading, Fastenal Company ( FAST) is up $0.72 (1.6%) to $44.71 on average volume. Thus far, 819,594 shares of Fastenal Company exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $44.36-$45.45 after having opened the day at $44.61 as compared to the previous trading day's close of $43.99.

Fastenal Company, together with its subsidiaries, operates as a wholesaler and retailer of industrial and construction supplies in the United States, Canada, and internationally. The company offers fasteners and other industrial and construction supplies under the Fastenal name. Fastenal Company has a market cap of $13.1 billion and is part of the industrial goods sector. Currently there are 3 analysts that rate Fastenal Company a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates Fastenal Company as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, expanding profit margins and growth in earnings per share. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. Get the full Fastenal Company Ratings Report now.

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