Fastenal Company (FAST) EPS Estimated At $0.66; AU Optronics American Depositary Shares (AUO) Shorts Down By 4.56%

June 19, 2018 - By Sarah Hamilton

AU Optronics Corp. (NYSE:AUO) Logo

AU Optronics Corp American Depositary Shares (NYSE:AUO) had a decrease of 4.56% in short interest. AUO’s SI was 35.98M shares in June as released by FINRA. Its down 4.56% from 37.70 million shares previously. With 862,200 avg volume, 42 days are for AU Optronics Corp American Depositary Shares (NYSE:AUO)’s short sellers to cover AUO’s short positions. The SI to AU Optronics Corp American Depositary Shares’s float is 4.28%. The stock decreased 2.68% or $0.12 during the last trading session, reaching $4.36. About 1.64 million shares traded or 61.03% up from the average. AU Optronics Corp. (NYSE:AUO) has risen 8.48% since June 19, 2017 and is uptrending. It has underperformed by 4.09% the S&P500. Some Historical AUO News: ; 10/04/2018 – AU OPTRONICS 2409.TW SAYS MARCH SALES DOWN 17.7 PCT Y/Y; 29/03/2018 – AU Optronics Corp. Files 2017 Annual Report on Form 20-F; 14/05/2018 – AU Optronics Corp. 1Q Net Profit NT$4.31B Vs NT$9.48B; 21/05/2018 – AUO Redefines Smart Mobile Life with Top-Tier LTPS LCD Lineup; 08/03/2018 – AU Optronics Corp. Feb Rev NT$22.68B Vs NT$29.14B; 08/03/2018 – CORRECTED-AU OPTRONICS 2409.TW (NOT ASUSTEK COMPUTER 2357.TW ) SAYS FEB SALES AT T$22.7 BLN; 22/05/2018 – AUO’s Full Series of Mini LED Backlit LCDs Make Stunning Appearance to Establish Foothold in High-end Application Market; 06/03/2018 CORNING INC – CO, AU OPTRONICS CORPORATION AGREED TO COLLABORATE ON SOLAR POWER GENERATION PROJECT IN TAIWAN; 08/05/2018 – TAIWAN’S AU OPTRONICS 2409.TW SAYS APRIL SALES AT T$24.5 BLN; 29/03/2018 – AU OPTRONICS 2409.TW SAYS 2017 CONSOLIDATED NET PROFIT ATTRIBUTABLE TO SHAREHOLDERS OF THE PARENT COMPANY AT T$32.4 BLN

Analysts expect Fastenal Company (NASDAQ:FAST) to report $0.66 EPS on July, 11.They anticipate $0.14 EPS change or 26.92% from last quarter’s $0.52 EPS. FAST’s profit would be $189.87M giving it 19.84 P/E if the $0.66 EPS is correct. After having $0.61 EPS previously, Fastenal Company’s analysts see 8.20% EPS growth. The stock decreased 0.61% or $0.32 during the last trading session, reaching $52.37. About 1.30 million shares traded. Fastenal Company (NASDAQ:FAST) has risen 21.28% since June 19, 2017 and is uptrending. It has outperformed by 8.71% the S&P500. Some Historical FAST News: ; 10/04/2018 – Fastenal Presenting at Macquarie Group Conference May 10; 04/05/2018 – FASTENAL APRIL NET SALES ROSE 19.1% TO $409.4M; 11/04/2018 – Fastenal 1Q-End Accounts Receivable Up 19.8%; 11/04/2018 – Fastenal 1Q Net $174.3M; 01/05/2018 – FASTENAL CO. RECOMMENDS REJECTION OF BELOW-MARKET-PRICE; 11/04/2018 – Fastenal 1Q Operating Cash Flow $159.7M; 11/04/2018 – FASTENAL CO – QTRLY NET SALES$1,185.8 MLN VS $1,047.7 MLN; 23/03/2018 – Fastenal Closes Below 50-Day Moving Average: Technicals; 11/04/2018 – Fastenal Company to Host Investor Presentation; 11/04/2018 – ADVISORY-Alert on Fastenal Co wrongly tagged to Namaste Technologies

Among 10 analysts covering AU Optronics (NYSE:AUO), 1 have Buy rating, 3 Sell and 6 Hold. Therefore 10% are positive. AU Optronics had 16 analyst reports since July 30, 2015 according to SRatingsIntel. The stock of AU Optronics Corp. (NYSE:AUO) earned “Buy” rating by Morgan Stanley on Tuesday, January 23. The rating was upgraded by Citigroup to “Sell” on Thursday, April 7. On Wednesday, June 29 the stock rating was upgraded by Credit Suisse to “Outperform”. The firm has “Hold” rating by Morgan Stanley given on Tuesday, August 15. The firm has “Neutral” rating given on Friday, October 28 by Nomura. The stock of AU Optronics Corp. (NYSE:AUO) has “Equal-Weight” rating given on Monday, June 18 by Morgan Stanley. The stock of AU Optronics Corp. (NYSE:AUO) has “Neutral” rating given on Thursday, July 30 by KGI Securities. Bernstein downgraded AU Optronics Corp. (NYSE:AUO) on Friday, March 3 to “Underperform” rating. The rating was upgraded by Bank of America to “Buy” on Tuesday, July 19. The stock of AU Optronics Corp. (NYSE:AUO) earned “Neutral” rating by JP Morgan on Monday, January 11.

AU Optronics Corp. researches, develops, produces, and sells thin film transistor liquid crystal displays and other flat panel displays. The company has market cap of $4.25 billion. The firm operates through two divisions, Display and Solar. It has a 3.49 P/E ratio. The Display segment designs, develops, makes, assembles, and markets flat panel displays for use in televisions, TV sets, and other related products; desktop monitors; mobile PCs, such as notebooks and tablets; mobile phones; and commercial and other applications, including displays for automobiles, industrial PCs, automated teller machines, point of sale terminals, pachinko machines, and others.

More recent AU Optronics Corp. (NYSE:AUO) news were published by: Prnewswire.com which released: “AUO Announces World’s Highest Resolution and Full Color TFT Driven Micro LED Display Technology” on May 22, 2018. Also Prnewswire.com published the news titled: “AUO Redefines Smart Mobile Life with Top-Tier LTPS LCD Lineup” on May 21, 2018. Nasdaq.com‘s news article titled: “6 Cheap Stocks to Buy Under $6” with publication date: June 15, 2018 was also an interesting one.

Among 19 analysts covering Fastenal (NASDAQ:FAST), 10 have Buy rating, 1 Sell and 8 Hold. Therefore 53% are positive. Fastenal had 77 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was initiated by BMO Capital Markets on Tuesday, April 5 with “Market Perform”. On Wednesday, January 17 the stock rating was maintained by BMO Capital Markets with “Hold”. The firm earned “Buy” rating on Wednesday, January 17 by Credit Suisse. The stock of Fastenal Company (NASDAQ:FAST) earned “Market Perform” rating by Avondale on Monday, March 21. The firm has “Hold” rating given on Thursday, January 18 by Susquehanna. The rating was reinitiated by Credit Suisse on Friday, June 17 with “Neutral”. Credit Suisse maintained the stock with “Neutral” rating in Wednesday, October 14 report. The rating was maintained by Stifel Nicolaus on Thursday, October 12 with “Hold”. The stock has “Buy” rating by Raymond James on Wednesday, December 6. On Friday, June 2 the stock rating was upgraded by Longbow to “Buy”.

Another recent and important Fastenal Company (NASDAQ:FAST) news was published by Seekingalpha.com which published an article titled: “Fastenal: Solid And Consistent Performer Trading At Attractive Valuations” on June 14, 2018.

Investors sentiment decreased to 0.83 in 2018 Q1. Its down 0.22, from 1.05 in 2017Q4. It dropped, as 45 investors sold Fastenal Company shares while 231 reduced holdings. 56 funds opened positions while 174 raised stakes. 236.95 million shares or 2.01% more from 232.28 million shares in 2017Q4 were reported. Virginia Retirement Et Al invested in 92,300 shares. Earnest Prns Limited Liability reported 0% stake. Cullinan Associates holds 113,050 shares. 72,283 were reported by Nordea Inv Management. Exane Derivatives reported 2,012 shares. Cwm invested 0% in Fastenal Company (NASDAQ:FAST). Rocky Mountain Advisers Limited holds 200 shares. Gotham Asset Mngmt Lc accumulated 54,238 shares. Nottingham invested in 0.12% or 12,700 shares. Harvey Invest Co Limited Liability Corp stated it has 3.67% in Fastenal Company (NASDAQ:FAST). Liberty Capital Mgmt Inc reported 38,230 shares. Willis Inv Counsel holds 0.94% of its portfolio in Fastenal Company (NASDAQ:FAST) for 222,400 shares. Provise Mngmt Grp Inc Ltd stated it has 3,915 shares or 0.03% of all its holdings. Ironwood Investment Counsel Ltd has 0.62% invested in Fastenal Company (NASDAQ:FAST) for 25,558 shares. Tarbox Family Office Inc holds 0% or 80 shares.

Fastenal Company, together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, and internationally. The company has market cap of $15.07 billion. It offers fasteners, and other industrial and construction supplies primarily under the Fastenal name. It has a 24.36 P/E ratio. The companyÂ’s fastener products include threaded fasteners, such as bolts, nuts, screws, studs, and related washers, which are used in manufactured products and building projects, as well as in the maintenance and repair of machines and structures.

Fastenal Company (NASDAQ:FAST) Institutional Positions Chart

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