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See what the IHS Markit Score report has to say about Fastenal Co.

IHS Markit

Fastenal Co

NASDAQ/NGS:FAST

Score: Negative (24)

1 day at current score.

Downgraded from Neutral on February 9th 2018

View full report here!

Summary


  • This company ranked negatively compared to the Consumer Services sector despite only 1 negative IHS Markit Category
  • Bearish sentiment is moderate and increasing
  • Economic output in this company's sector is expanding


Bearish sentiment

Short interest | Negative

Short interest is moderately high for FAST with between 10 and 15% of shares outstanding currently on loan. This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on January 22.

Money flow

ETF/Index ownership | Neutral

ETF activity is neutral. The net inflows of $10.37 billion over the last one-month into ETFs that hold FAST are not among the highest of the last year and have been slowing.

Economic sentiment

PMI by IHS Markit | Positive

According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is strong relative to the trend shown over the past year.

Credit worthiness

Credit default swap

CDS data is not available for this security.

Please send all inquiries related to the report to score@ihsmarkit.com.

Charts and report PDFs will only be available for 30 days after publishing.

This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

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