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StockCentral :: Community
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Join in on the discussion with other like-minded investors in our community forums. Learn about the fundamental investing methodology and participate in educational workshops in the Investing forums, stay up-to-date on StockCentral news and make suggestions to the StockCentral team in Central Square, and discuss your favorite stock or recent market news in our A-Z ticker-based forums.
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Joe Craig
Ellicott City, MD
StockCentral Administrator
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| 10/20/2007 12:59 PM |
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Fastenal (FAST) 41.67 with estimated EPS of $1.83 for 12 months ending December 2008 has a forward P/E ratio of 22.8 and a Relative Value of 73.3. The RV is based on judgments made as to future P/E ratios expected in my SSG.
For the quarter ended September 30, 2007 EPS grew 13.9%, sales rose 13.5% and pre tax profits increased 13.6% as pre tax profit margins were flat at 18.6%. of sales. Same store sales for the quarter increased 6.8% a decline from the historical double digit rate. The company was adversely affected by a weak economic environment. FAST is a buy up to 57.2.
Both I and my investment club hold shares of FAST. |
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Joe |
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