NASDAQ:FAST - Fastenal Stock Price, News, & Analysis

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$58.71 +0.49 (+0.84 %)
(As of 09/21/2018 03:55 AM ET)
Previous Close$58.22
Today's Range$58.16 - $58.81
52-Week Range$42.51 - $61.14
Volume1.43 million shs
Average Volume2.79 million shs
Market Capitalization$16.67 billion
P/E Ratio30.42
Dividend Yield2.75%
Beta0.97
Fastenal logoFastenal Company, together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, and internationally. It offers fasteners, and other industrial and construction supplies under the Fastenal name. The company's fastener products include threaded fasteners, such as bolts, nuts, screws, studs, and related washers, which are used in manufactured products and construction projects, as well as in the maintenance and repair of machines. It also offers miscellaneous supplies and hardware, including various pins and machinery keys, concrete anchors, metal framing systems, wire ropes, strut products, rivets, and related accessories. The company serves the manufacturing market comprising original equipment manufacturers; maintenance, repair, and operations; and non-residential construction market, which includes general, electrical, plumbing, sheet metal, and road contractors. It also serves farmers, truckers, railroads, mining companies, schools, and retail trades; and oil exploration, production, and refinement companies, as well as federal, state, and local governmental entities. As of December 31, 2017, the company distributed its products through a network of 2,383 company owned stores. Fastenal Company was founded in 1967 and is headquartered in Winona, Minnesota.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Building materials, hardware, garden supply & mobile home dealers
Sub-IndustryTrading Companies & Distributors
SectorRetail/Wholesale
SymbolNASDAQ:FAST
CUSIP31190010
Phone507-454-5374

Debt

Debt-to-Equity Ratio0.19
Current Ratio5.62
Quick Ratio2.57

Price-To-Earnings

Trailing P/E Ratio30.42
Forward P/E Ratio22.93
P/E Growth1.62

Sales & Book Value

Annual Sales$4.39 billion
Price / Sales3.84
Cash Flow$2.3963 per share
Price / Cash24.50
Book Value$7.29 per share
Price / Book8.05

Profitability

EPS (Most Recent Fiscal Year)$1.93
Net Income$578.60 million
Net Margins14.57%
Return on Equity30.82%
Return on Assets22.00%

Miscellaneous

Employees20,565
Outstanding Shares286,950,000
Market Cap$16.67 billion

Fastenal (NASDAQ:FAST) Frequently Asked Questions

What is Fastenal's stock symbol?

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

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

Fastenal announced a quarterly dividend on Tuesday, July 10th. Stockholders of record on Wednesday, July 25th will be paid a dividend of $0.40 per share on Wednesday, August 22nd. This represents a $1.60 annualized dividend and a dividend yield of 2.73%. The ex-dividend date of this dividend is Tuesday, July 24th. This is a boost from Fastenal's previous quarterly dividend of $0.37. View Fastenal's Dividend History.

How will Fastenal's stock buyback program work?

Fastenal announced that its Board of Directors has authorized a share repurchase plan on Wednesday, July 12th 2017, which allows the company to buyback 5,000,000 outstanding shares, according to EventVestor. This buyback authorization allows the company to buy shares of its stock through open market purchases. Shares buyback plans are often an indication that the company's management believes its shares are undervalued.

How were Fastenal's earnings last quarter?

Fastenal (NASDAQ:FAST) posted its quarterly earnings data on Wednesday, July, 11th. The company reported $0.74 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.66 by $0.08. The firm earned $1.27 billion during the quarter, compared to analyst estimates of $1.26 billion. Fastenal had a net margin of 14.57% and a return on equity of 30.82%. Fastenal's revenue was up 13.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.52 earnings per share. View Fastenal's Earnings History.

When is Fastenal's next earnings date?

Fastenal is scheduled to release their next quarterly earnings announcement on Wednesday, October, 10th 2018. View Earnings Estimates for Fastenal.

What price target have analysts set for FAST?

11 Wall Street analysts have issued 12 month target prices for Fastenal's shares. Their predictions range from $46.00 to $62.00. On average, they anticipate Fastenal's stock price to reach $55.00 in the next year. This suggests that the stock has a possible downside of 6.3%. View Analyst Price Targets for Fastenal.

What is the consensus analysts' recommendation for Fastenal?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fastenal in the last year. There are currently 2 sell ratings, 5 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Fastenal.

Who are some of Fastenal's key competitors?

Who are Fastenal's key executives?

Fastenal's management team includes the folowing people:
  • Mr. Daniel L. Florness, Pres, CEO & Director (Age 55)
  • Mr. Holden Lewis, Exec. VP & CFO (Age 49)
  • Ms. Reyne K. Wisecup, Sr. EVP of HR & Director (Age 55)
  • Mr. Terry Modock Owen, Sr. Exec. VP of Sales Operations (Age 50)
  • Mr. Charles S. Miller, Exec. VP of Sales (Age 44)

Has Fastenal been receiving favorable news coverage?

News stories about FAST stock have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm scores the sentiment of media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Fastenal earned a news impact score of 0.18 on Accern's scale. They also assigned media headlines about the company an impact score of 46.57 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near term. View Recent Headlines for Fastenal.

Who are Fastenal's major shareholders?

Fastenal's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.73%), Bank of New York Mellon Corp (5.08%), Bank of New York Mellon Corp (5.08%), OppenheimerFunds Inc. (1.97%), Northern Trust Corp (1.20%) and Waddell & Reed Financial Inc. (1.19%). Company insiders that own Fastenal stock include Charles S Miller, Daniel L Johnson, Darren R Jackson, Gary A Polipnick, Holden Lewis, James C Jansen, Leland J Hein, Michael J Ancius, Michael John Dolan, Reyne K Wisecup, 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, Bank of New York Mellon Corp, TCW Group Inc., Victory Capital Management Inc., Wells Fargo & Company MN, Bank of America Corp DE, GW Henssler & Associates Ltd. and River Road Asset Management LLC. Company insiders that have sold Fastenal company stock in the last year include Charles S Miller, Gary A Polipnick, James C Jansen, Leland J Hein, Terry Modock Owen and William Joseph Drazkowski. View Insider Buying and Selling for Fastenal.

Which major investors are buying Fastenal stock?

FAST stock was bought by a variety of institutional investors in the last quarter, including Cantillon Capital Management LLC, Morgan Stanley, USS Investment Management Ltd, Los Angeles Capital Management & Equity Research Inc., Bank of Montreal Can, Janus Henderson Group PLC, Millennium Management LLC and Canada Pension Plan Investment Board. Company insiders that have bought Fastenal stock in the last two years include Daniel L Johnson, Darren R Jackson, Holden Lewis, Michael J Ancius, Stephen L Eastman, Terry Modock Owen and William Joseph Drazkowski. View Insider Buying and Selling for Fastenal.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Fastenal's stock price today?

One share of FAST stock can currently be purchased for approximately $58.71.

How big of a company is Fastenal?

Fastenal has a market capitalization of $16.67 billion and generates $4.39 billion in revenue each year. The company earns $578.60 million in net income (profit) each year or $1.93 on an earnings per share basis. Fastenal employs 20,565 workers across the globe.

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]


MarketBeat Community Rating for Fastenal (NASDAQ FAST)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  272 (Vote Outperform)
Underperform Votes:  453 (Vote Underperform)
Total Votes:  725
MarketBeat's community ratings are surveys of what our community members think about Fastenal and other stocks. Vote "Outperform" if you believe FAST will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FAST will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/21/2018 by MarketBeat.com Staff

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