Fastenal Company (FAST) Earnings Aren’t Growing Fast Enough

At this point, though, some analysts are looking at Fastenal’s results almost as a self-fulfilling prophecy, as they not only reflect the recent weakness in economic activity but also are contributing to that weakness themselves. In particular, as data on factory orders and construction activity paint an uncertain picture of the industry’s immediate future, Fastenal Company (NASDAQ:FAST) can only concentrate on making the most of the business opportunities it has and hope that macroeconomic influences stop producing headwinds in the near future.

In the coming Fastenal earnings report, look for the company to discuss how it plans to move forward to accelerate its growth. With Fastenal stock fetching almost 25 times forward 2014 earnings, the company can’t afford to see its revenue growth slow any further than it already has if it wants to keep investors happy.

The article Fastenal Earnings Aren’t Growing Fast Enough originally appeared on Fool.com and is written by Dan Caplinger.

Fool contributor Dan Caplinger has no position in any stocks mentioned. You can follow him on Twitter @DanCaplinger. The Motley Fool recommends MSC Industrial Direct (NYSE:MSM). The Motley Fool owns shares of MSC Industrial Direct.

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