Sun, Sep 21, 2014, 11:26 PM EDT - U.S. Markets closed


% | $
Quotes you view appear here for quick access.

Fastenal Company Message Board

  • shortofaname_99 shortofaname_99 Oct 12, 2009 8:29 AM Flag

    Is FAST cheating on depreciation?

    Capex has been running at an average of ~$20Mn/quarter over the last few years, but depreciation has held steady at ~$10Mn/quarter. Doesn't seem right. Looks like they try to juice earnings by not depreciating properly. Put an aggressive 20x multiple on earnings and this is a $25 stock.

46.235-0.075(-0.16%)Sep 19 4:15 PMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.