Winona, Minnesota headquartered Fastenal Co.'s stock recorded a trading volume of 2.53 million shares last Friday, and finished the trading session 0.08% higher at $49.04. The Company's shares have gained 4.63% in the last one month, 29.03% over the previous three months, and 5.05% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 2.20% and 11.93%, respectively. Furthermore, shares of Fastenal, which together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies in the US, Canada, and internationally, have a Relative Strength Index (RSI) of 50.64.
On January 18th, 2017, Fastenal reported net sales of $947.95 million for Q4 2016, up 2.7% compared to net sales of $922.79 million in Q4 2015. For Q4 2016, Fastenal recorded gross profit of 49.8%, down 10 basis points versus the prior year. For Q4 2016, Fastenal reported net income of $114.81 million, or $0.40 per share, up 2.6% from net income of $111.90 million, or $0.39 per share in Q4 2015.
On January 19th, 2017, research firm Stifel reiterated its 'Hold' rating on the Company's stock with an increase of the target price from $44 a share to $50 a share. Access our complete research report on FAST for free at:
On Friday, Atlanta, Georgia headquartered HD Supply Holdings Inc.'s stock ended the session 1.21% higher at $42.64. A total volume of 1.18 million shares was traded. The Company's shares have advanced 29.41% over the previous three months and 0.31% on an YTD basis. The stock is trading 2.44% above its 50-day moving average and 18.18% above its 200-day moving average. Moreover, shares of HD Supply Holdings, which operates as an industrial distributor in North America, have an RSI of 55.91. The complimentary research report on HDS can be downloaded at:
MSC Industrial Direct
Melville, New York headquartered MSC Industrial Direct Co. Inc.'s stock ended the day 1.32% higher at $102.84 with a total trading volume of 446,659 shares. The Company's shares have gained 10.60% in the last month, 44.54% over the previous three months, and 11.86% on an YTD basis. The stock is trading 8.85% and 31.47% above its 50-day and 200-day moving averages, respectively. Additionally, shares of MSC Industrial Direct, which together with its subsidiaries, markets and distributes various ranges of metalworking and maintenance, repair, and operations products primarily in the US, Canada, and the UK, have an RSI of 68.49.
On January 11th, 2017, MSC Industrial reported net sales of $686.3 million for Q1 FY17 compared to net sales of $706.8 million in Q1 FY16. For Q1 FY17, MSC Industrial reported net income of $54.10 million or $0.95 diluted earnings per share compared to net income of $55.03 million, or $0.89 diluted earnings per share, in Q1 FY16. For Q2 FY17, MSC expects net sales in the range of $688 million and $701 million. The Company expects diluted earnings per share for Q2 FY17 to be between $0.86 and $0.90.
On January 17th, 2017, research firm Credit Suisse upgraded the Company's stock rating from 'Underperform' to 'Neutral'. Register for free on Stock-Callers.com and get access to the latest PDF format report on MSM at:
Shares in Lake Forest, Illinois-based W.W. Grainger Inc. recorded a trading volume of 564,709 shares, and ended Friday's session 0.19% lower at $251.60. The stock has risen 6.46% in the last month, 24.32% over the previous three months, and 8.33% since the start of this year. The Company's shares are trading above their 50-day and 200-day moving averages by 5.71% and 11.66%, respectively. Furthermore, shares of W.W. Grainger, which distributes maintenance, repair, and operating supplies; and other related products and services that are used by businesses and institutions, have an RSI of 63.94.
On January 25th, 2017, W.W. Grainger's board of directors declared a cash dividend of $1.22 per share payable on March 01st, 2017, to shareholders of record on February 13th, 2017.
On January 27th, 2017, research firm Stifel reiterated its 'Hold' rating on the Company's stock with an increase of the target price from $245 a share to $266 a share. Download your free research report on GWW at:
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