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Fastenal Q3 Preview: Expecting Operational Results To Justify Rich Valuation
Source: seekingalpha.com
Corporate EarningsAnalyst InsightsCompany Fundamentals
Fastenal is scheduled to release Q3 results on October 14; ahead of the report, its shares are up nearly 30% year to date and 6% over the past year. The article’s author views the stock’s valuation of 40x forward earnings as a rich premium; no Q3 results or market reaction are reported.
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