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EPS for Fastenal Company (FAST) Expected At $0.60; Shorts at Merit Medical Systems (MMSI) Lowered By 2.85%

Merit Medical Systems, Inc. (NASDAQ:MMSI) Logo

Merit Medical Systems Inc (NASDAQ:MMSI) had a decrease of 2.85% in short interest. MMSI’s SI was 2.88M shares in January as released by FINRA. Its down 2.85% from 2.96 million shares previously. With 318,300 avg volume, 9 days are for Merit Medical Systems Inc (NASDAQ:MMSI)’s short sellers to cover MMSI’s short positions. The stock increased 1.22% or $0.63 during the last trading session, reaching $52.38. About 492,163 shares traded or 24.35% up from the average. Merit Medical Systems, Inc. (NASDAQ:MMSI) has risen 33.77% since January 10, 2018 and is uptrending. It has outperformed by 33.77% the S&P500. Some Historical MMSI News: 30/04/2018 – Merit Medical Presenting at Bank of America Conference May 17; 25/04/2018 – Merit Medical 1Q EPS 10c; 20/03/2018 – FDA: Merit Medical Systems, Inc.- Flex-Neck Classic Peritoneal Dialysis Catheter 1 Cuff Infant Coiled, Catalog # CF-4235/B; 10/04/2018 – Merit Medical at Deutsche Bank Health Care Conference May 9; 02/04/2018 – merit medical systems, inc. | merit pursue microcatheter | K173548 | 03/30/2018 |; 16/05/2018 – Merit Medical Presenting at Bank of America Conference Tomorrow; 25/04/2018 – MERIT MEDICAL 1Q REV. $203.0M, EST. $192.5M; 20/03/2018 – FDA: Merit Medical Systems, Inc.- Custom Dialysis Kit CF-4230 Without Gel, which includes Flex-Neck® Classic Peritoneal; 20/03/2018 – FDA: Merit Medical Systems, Inc.- Custom Dialysis Kit CF-4235 Without Gel, which includes Flex-Neck® Classic Peritoneal; 23/04/2018 – merit medical systems, inc | preludesync distal radial compression sy | K180723 | 04/17/2018 |

Analysts expect Fastenal Company (NASDAQ:FAST) to report $0.60 EPS on January, 17 before the open.They anticipate $0.15 EPS change or 33.33% from last quarter’s $0.45 EPS. FAST’s profit would be $172.24M giving it 22.45 P/E if the $0.60 EPS is correct. After having $0.69 EPS previously, Fastenal Company’s analysts see -13.04% EPS growth. The stock increased 0.28% or $0.15 during the last trading session, reaching $53.89. About 2.82M shares traded. Fastenal Company (NASDAQ:FAST) has risen 1.45% since January 10, 2018 and is uptrending. It has outperformed by 1.45% the S&P500. Some Historical FAST News: 11/04/2018 – Fastenal Sees 2018 Net Capital Expenditures About $149M; 01/05/2018 – Fastenal Recommends Rejection of Below-Market-Price Mini-Tender Offer by TRC Cap Corp; 23/03/2018 – Fastenal Closes Below 50-Day Moving Average: Technicals; 11/04/2018 – Fastenal 1Q Net $174.3M; 05/04/2018 – Fastenal Closes Above 50-Day Moving Average: Technicals; 06/03/2018 – FASTENAL FEB. NET SALES UP 14.8%; 10/04/2018 – Fastenal Presenting at Macquarie Group Conference May 10; 10/04/2018 – Fastenal Declares Dividend of 37c; 11/04/2018 – ADVISORY-Alert on Fastenal Co wrongly tagged to Namaste Technologies; 11/04/2018 – Fastenal 1Q-End Accounts Receivable Up 19.8%

More notable recent Fastenal Company (NASDAQ:FAST) news were published by: Nasdaq.com which released: “Fastenal (FAST) Shares Cross Above 200 DMA – Nasdaq” on January 09, 2019, also Nasdaq.com with their article: “TGLS or FAST: Which Is the Better Value Stock Right Now? – Nasdaq” published on January 07, 2019, Nasdaq.com published: “BlackRock elevates executive behind fast-growing ETF unit – Nasdaq” on January 09, 2019. More interesting news about Fastenal Company (NASDAQ:FAST) were released by: Nasdaq.com and their article: “Bottomline Technologies Onboards The Access Bank UK Limited to Faster Payments Scheme – Nasdaq” published on January 09, 2019 as well as Nasdaq.com‘s news article titled: “Maduro faces next term in a hobbled, isolated Venezuela – Nasdaq” with publication date: January 10, 2019.

Investors sentiment is 1.04 in 2018 Q3. Its the same as in 2018Q2. It is the same, as 31 investors sold Fastenal Company shares while 221 reduced holdings. only 81 funds opened positions while 181 raised stakes. 233.70 million shares or 1.46% less from 237.15 million shares in 2018Q2 were reported. Umb Retail Bank N A Mo reported 21,631 shares or 0.04% of all its holdings. Cleararc Cap Inc stated it has 7,418 shares or 0.06% of all its holdings. Texas Permanent School Fund holds 0.05% in Fastenal Company (NASDAQ:FAST) or 64,417 shares. Cadence Cap Management Ltd Com has 38,555 shares for 0.12% of their portfolio. Tompkins Fincl Corp invested 0.01% in Fastenal Company (NASDAQ:FAST). British Columbia Invest Management accumulated 181,667 shares. Sun Life Financial holds 0.01% or 791 shares. Zeke Cap Limited Liability Co invested in 0.03% or 7,088 shares. California State Teachers Retirement System accumulated 469,272 shares. Baystate Wealth Management Llc has 1,099 shares. Diversified Inv Strategies Ltd holds 4.19% of its portfolio in Fastenal Company (NASDAQ:FAST) for 80,445 shares. Bnp Paribas Arbitrage reported 290,934 shares. Carroll Financial Assoc stated it has 1,845 shares. Liberty Mutual Gp Asset Management has 11,498 shares for 0.01% of their portfolio. Fred Alger has 6,220 shares for 0% of their portfolio.

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 $15.47 billion. It offers fasteners, and other industrial and construction supplies primarily under the Fastenal name. It has a 21.05 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.

Among 4 analysts covering Fastenal (NASDAQ:FAST), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. Fastenal has $63 highest and $50 lowest target. $54.75’s average target is 1.60% above currents $53.89 stock price. Fastenal had 5 analyst reports since July 12, 2018 according to SRatingsIntel. The firm earned “Buy” rating on Tuesday, December 4 by Longbow. Wells Fargo maintained the shares of FAST in report on Thursday, July 12 with “Market Perform” rating. The stock has “Market Perform” rating by Wells Fargo on Thursday, October 11. Stifel Nicolaus maintained the stock with “Hold” rating in Friday, July 13 report.

Since October 12, 2018, it had 5 insider purchases, and 1 insider sale for $151 activity. 2,000 shares were bought by FLORNESS DANIEL L, worth $103,900. $300,000 worth of Fastenal Company (NASDAQ:FAST) shares were sold by DOLAN MICHAEL JOHN. 965 shares were bought by Johnson Daniel L., worth $49,754. Lewis Holden bought $26,142 worth of stock. On Friday, October 12 the insider Owen Terry Modock bought $78,105. Drazkowski William Joseph also bought $41,948 worth of Fastenal Company (NASDAQ:FAST) shares.

Investors sentiment increased to 1.21 in Q3 2018. Its up 0.08, from 1.13 in 2018Q2. It is positive, as 11 investors sold Merit Medical Systems, Inc. shares while 76 reduced holdings. 33 funds opened positions while 72 raised stakes. 49.85 million shares or 8.91% more from 45.77 million shares in 2018Q2 were reported. Oppenheimer Asset Mngmt holds 6,172 shares or 0.01% of its portfolio. Stratos Wealth Ptnrs Limited has invested 0% in Merit Medical Systems, Inc. (NASDAQ:MMSI). Shelton Cap Mngmt, a California-based fund reported 5,439 shares. Emerald Advisers Inc Pa accumulated 332,414 shares. Credit Suisse Ag holds 0% or 65,630 shares. 13,067 are held by Commonwealth Of Pennsylvania Public School Empls Retrmt System. California Employees Retirement Systems reported 0.01% of its portfolio in Merit Medical Systems, Inc. (NASDAQ:MMSI). Raymond James Financial Service Inc has 0.01% invested in Merit Medical Systems, Inc. (NASDAQ:MMSI) for 51,067 shares. Waddell & Reed Fin owns 790,897 shares or 0.11% of their US portfolio. Morgan Dempsey Ltd Limited Liability Company reported 0.45% stake. Signaturefd Ltd Liability invested 0% in Merit Medical Systems, Inc. (NASDAQ:MMSI). Loomis Sayles Limited Partnership reported 0.06% in Merit Medical Systems, Inc. (NASDAQ:MMSI). Moreover, Teacher Retirement System Of Texas has 0% invested in Merit Medical Systems, Inc. (NASDAQ:MMSI). Blackrock invested in 7.99 million shares or 0.02% of the stock. Fifth Third National Bank reported 10,828 shares.

Merit Medical Systems, Inc. designs, develops, makes, and markets medical products for interventional and diagnostic procedures worldwide. The company has market cap of $2.87 billion. The companyÂ’s Cardiovascular segment offers cardiology and radiology devices for diagnosing and treating coronary arterial, peripheral vascular, and other non-vascular diseases; and embolotherapeutic products. It has a 69.65 P/E ratio. It also provides vascular access products; guide wires, inflation devices, and diagnostic catheters for use in angiography procedures; therapeutic infusion systems and safety products; drainage catheters and drainage access products, support catheters, vascular retrieval devices, and dialysis access products; and embosphere microspheres and delivery systems, and microcatheters.

Merit Medical Systems, Inc. (NASDAQ:MMSI) Institutional Positions Chart

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