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Fastenal Stock Slips After Dismal Q4 Results
FASTFastenal(FAST) Schaeffers Investment Research·2025-01-17 15:58

Company Performance - Fastenal Co's shares declined by 1.9% to 73.38followingdisappointingQ4results,withearnings,revenue,andsalesgrowthmissingestimates[1]−Thecompanyattributedtheweakperformancetoa"softmanufacturingenvironment"andhigher−than−expectedproductioncutsduringtheholidayseason[1]−Despiterecentdeclines,Fastenal′sstockisup9.573.38 following disappointing Q4 results, with earnings, revenue, and sales growth missing estimates [1] - The company attributed the weak performance to a "soft manufacturing environment" and higher-than-expected production cuts during the holiday season [1] - Despite recent declines, Fastenal's stock is up 9.5% year-over-year [2] Stock Market Activity - Fastenal has experienced only two negative trading sessions since the start of 2025, with a potential third decline today [2] - The 72 price level, previously a resistance point in July and September, is now acting as support alongside the 200-day moving average [2] Options Trading - Fastenal's options trading volume has surged, with 4,348 calls and 3,201 puts exchanged, representing 9 times the average daily options volume [3] - The January 74.62 call is the most popular contract and holds the top open interest position [3] - Over the past 10 weeks, options traders have shown increased bullishness, with a 50-day call/put volume ratio of 3.50 at major exchanges, ranking higher than 96% of readings from the past year [4]