S&P 500   4,455.48
DOW   34,798.00
QQQ   373.33
S&P 500   4,455.48
DOW   34,798.00
QQQ   373.33
S&P 500   4,455.48
DOW   34,798.00
QQQ   373.33
S&P 500   4,455.48
DOW   34,798.00
QQQ   373.33
NASDAQ:FAST

Fastenal Stock Forecast, Price & News

$54.10
+0.23 (+0.43 %)
(As of 09/24/2021 12:00 AM ET)
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Today's Range
$53.55
$54.27
50-Day Range
$52.67
$56.21
52-Week Range
$42.57
$56.39
Volume1.83 million shs
Average Volume3.10 million shs
Market Capitalization$31.09 billion
P/E Ratio35.83
Dividend Yield2.08%
Beta1.28
30 days | 90 days | 365 days | Advanced Chart
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Fastenal logo

About Fastenal

Fastenal Co. engages in the provision of fasteners, tools, and supplies which can help in the manufacture of products, build structures, protect personnel, and maintain facilities and equipment. It products include cutting tools & metalworking, fasteners, material handling, storage & packaging power, transmission & motors, tools & equipment, electricals, abrasives, hydraulics & pneumatics, plumbing, lifting & rigging, raw materials, fleet & automotive, welding, office products & furniture, janitorial and lighting. The company was founded by Robert A. Kierlin, Michael M. Gostomski, Henry K. McCannon, John D. Remick, and Stephen M. Slaggie in November 1967 and is headquartered in Winona, MN.

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MarketRank

Overall MarketRank

2.23 out of 5 stars

Retail/Wholesale Sector

112th out of 263 stocks

Building Materials, Hardware, Garden Supply & Mobile Home Dealers Industry

4th out of 6 stocks

Analyst Opinion: 1.2Community Rank: 3.7Dividend Strength: 1.7Insider Behavior: 3.3Valuation: 1.3 5 -4 -3 -2 -1 -
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Fastenal (NASDAQ:FAST) Frequently Asked Questions

Is Fastenal a buy right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Fastenal in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Fastenal stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FAST, but not buy additional shares or sell existing shares.
View analyst ratings for Fastenal
or view top-rated stocks.

What stocks does MarketBeat like better than Fastenal?

Wall Street analysts have given Fastenal a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Fastenal wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Fastenal's next earnings date?

Fastenal is scheduled to release its next quarterly earnings announcement on Tuesday, October 12th 2021.
View our earnings forecast for Fastenal
.

How were Fastenal's earnings last quarter?

Fastenal (NASDAQ:FAST) released its earnings results on Monday, July, 12th. The company reported $0.42 EPS for the quarter, topping analysts' consensus estimates of $0.41 by $0.01. The firm earned $1.51 billion during the quarter, compared to the consensus estimate of $1.51 billion. Fastenal had a net margin of 15.24% and a trailing twelve-month return on equity of 30.76%. The company's revenue was down .1% on a year-over-year basis. During the same period in the previous year, the firm posted $0.42 EPS.
View Fastenal's earnings history
.

How has Fastenal's stock been impacted by Coronavirus?

Fastenal's stock was trading at $32.93 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, FAST shares have increased by 64.3% and is now trading at $54.10.
View which stocks have been most impacted by COVID-19
.

How often does Fastenal pay dividends? What is the dividend yield for Fastenal?

Fastenal declared a quarterly dividend on Monday, July 12th. Investors of record on Tuesday, July 27th will be paid a dividend of $0.28 per share on Tuesday, August 24th. This represents a $1.12 dividend on an annualized basis and a yield of 2.07%. The ex-dividend date is Monday, July 26th.
View Fastenal's dividend history
.

Is Fastenal a good dividend stock?

Fastenal pays an annual dividend of $1.12 per share and currently has a dividend yield of 2.08%. Fastenal does not yet have a strong track record of dividend growth. The dividend payout ratio of Fastenal is 75.17%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Fastenal will have a dividend payout ratio of 65.50% next year. This indicates that Fastenal will be able to sustain or increase its dividend.
View Fastenal's dividend history.

When did Fastenal's stock split? How did Fastenal's stock split work?

Shares of Fastenal split before market open on Wednesday, May 22nd 2019. The 2-1 split was announced on Thursday, April 18th 2019. The newly minted shares were payable to shareholders after the market closes on Tuesday, May 21st 2019. An investor that had 100 shares of Fastenal stock prior to the split would have 200 shares after the split.

What price target have analysts set for FAST?

6 analysts have issued 12-month price objectives for Fastenal's stock. Their forecasts range from $48.00 to $65.00. On average, they expect Fastenal's share price to reach $54.33 in the next year. This suggests a possible upside of 0.4% from the stock's current price.
View analysts' price targets for Fastenal
or view top-rated stocks among Wall Street analysts.

Who are Fastenal's key executives?

Fastenal's management team includes the following people:
  • Daniel Lars Florness, President, Chief Executive Officer & Director
  • Holden Lewis, Chief Financial Officer & Executive Vice President
  • John L. Soderberg, Executive Vice President-Information Technology
  • John J. Milek, Vice President & General Counsel
  • Reyne K. Wisecup, Director & Senior EVP-Human Resources

What is Daniel Florness' approval rating as Fastenal's CEO?

714 employees have rated Fastenal CEO Daniel Florness on Glassdoor.com. Daniel Florness has an approval rating of 85% among Fastenal's employees.

What other stocks do shareholders of Fastenal own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Fastenal investors own include Intel (INTC), Johnson & Johnson (JNJ), Micron Technology (MU), NVIDIA (NVDA), Bank of America (BAC), AbbVie (ABBV), Cisco Systems (CSCO), The Walt Disney (DIS), QUALCOMM (QCOM) and Target (TGT).

What is Fastenal's stock symbol?

Fastenal trades on the NASDAQ under the ticker symbol "FAST."

Who are Fastenal's major shareholders?

Fastenal's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (11.65%), BlackRock Inc. (7.71%), Bank of New York Mellon Corp (5.14%), State Street Corp (4.95%), Geode Capital Management LLC (1.96%) and Principal Financial Group Inc. (1.68%). Company insiders that own Fastenal stock include Charles S Miller, Daniel L Florness, Daniel L Johnson, Darren R Jackson, Hsenghung Sam Hsu, James C Jansen, Jeffery Michael Watts, John Lewis Soderberg, Leland J Hein, Michael J Ancius, Michael John Dolan, Nicholas J Lundquist, Reyne K Wisecup, Rita J Heise, Sheryl Ann Lisowski, Stephen L Eastman, Terry Modock Owen, Willard D Oberton and William Joseph Drazkowski.
View institutional ownership trends for Fastenal
.

Which major investors are selling Fastenal stock?

FAST stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Wells Fargo & Company MN, CIBC Private Wealth Group LLC, AGF Investments Inc., Vanguard Group Inc., Madison Asset Management LLC, Credit Suisse AG, and BlackRock Inc.. Company insiders that have sold Fastenal company stock in the last year include Charles S Miller, James C Jansen, Jeffery Michael Watts, Nicholas J Lundquist, Reyne K Wisecup, Sheryl Ann Lisowski, and William Joseph Drazkowski.
View insider buying and selling activity for Fastenal
or view top insider-selling stocks.

Which major investors are buying Fastenal stock?

FAST stock was purchased by a variety of institutional investors in the last quarter, including Macquarie Group Ltd., Amundi, Morgan Stanley, Morgan Stanley, Principal Financial Group Inc., California Public Employees Retirement System, State Street Corp, and Charles Schwab Investment Management Inc.. Company insiders that have bought Fastenal stock in the last two years include Daniel L Johnson, Darren R Jackson, Hsenghung Sam Hsu, Michael J Ancius, Michael John Dolan, and Stephen L Eastman.
View insider buying and selling activity for Fastenal
or or view top insider-buying stocks.

How do I buy shares of Fastenal?

Shares of FAST can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Fastenal's stock price today?

One share of FAST stock can currently be purchased for approximately $54.10.

How much money does Fastenal make?

Fastenal has a market capitalization of $31.09 billion and generates $5.65 billion in revenue each year. The company earns $859.10 million in net income (profit) each year or $1.49 on an earnings per share basis.

How many employees does Fastenal have?

Fastenal employs 20,365 workers across the globe.

Does Fastenal have any subsidiaries?

The following companies are subsidiares of Fastenal: Av-Tech Industries Inc, FASTCO (Shanghai) Trading Co. Ltd., Fastenal (Shanghai) International Trading Co. Ltd., Fastenal (Shenzhen) International Trading Co. Ltd., Fastenal (Thailand) Ltd., Fastenal (Tianjin) International Trading Co. Ltd., Fastenal AT GmbH, Fastenal Air Fleet LLC, Fastenal Asia Pacific Limited, Fastenal Brasil Importação Exportação e Distribuição Ltda., Fastenal Brasil Participacoes Ltda., Fastenal Canada Ltd., Fastenal Chile SpA, Fastenal Colombia S.A.S., Fastenal Company Leasing, Fastenal Company Purchasing, Fastenal Europe AB, Fastenal Europe B.V., Fastenal Europe FR Sàrl, Fastenal Europe GmbH, Fastenal Europe IE Limited, Fastenal Europe Kft., Fastenal Europe Ltd., Fastenal Europe RO S.r.l., Fastenal Europe S.L., Fastenal Europe S.r.l., Fastenal Europe Sp. z o.o., Fastenal Europe Sàrl, Fastenal Europe s.r.o., Fastenal IP Company, Fastenal India Sourcing IT and Procurement Private Ltd, Fastenal India Wholesale Private Ltd., Fastenal International Holdings Company, Fastenal Latin America S.A., Fastenal Malaysia SDN BHD, Fastenal Mexico LLC, Fastenal Mexico S. de R.L. de C.V., Fastenal Mexico Services S. de R.L. de C.V., Fastenal Netherlands Holdings B.V., Fastenal Panama S.A., Fastenal Singapore PTE Ltd., Innova Holdings LLC, Innova Supply Chain Solutions LLC, Manufacturers Supply Company, and River Surplus and Supply LLC.

When was Fastenal founded?

Fastenal was founded in 1967.

What is Fastenal's official website?

The official website for Fastenal is www.fastenal.com.

Where are Fastenal's headquarters?

Fastenal is headquartered at 2001 THEURER BLVD, WINONA MN, 55987.

How can I contact Fastenal?

Fastenal's mailing address is 2001 THEURER BLVD, WINONA MN, 55987. The company can be reached via phone at (507) 454-5374 or via email at [email protected].


This page was last updated on 9/25/2021 by MarketBeat.com Staff

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