Fastenal 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.
Read More…
Industry, Sector and Symbol
Industry Building materials, hardware, garden supply & mobile home dealers
Sub-IndustryTrading Companies & Distributors
SectorRetail/Wholesale
Phone507-454-5374
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$4.97 billion
Profitability
Miscellaneous
Employees21,644
Next Earnings Date1/17/2020 (Confirmed)
OptionableOptionable
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 Thursday, October 10th. Stockholders of record on Friday, October 25th will be given a dividend of $0.22 per share on Friday, November 22nd. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.38%. The ex-dividend date is Thursday, October 24th. View Fastenal's Dividend History.
When did Fastenal's stock split? How did Fastenal's stock split work?
Fastenal shares split on the morning of Wednesday, May 22nd 2019. The 2-1 split was announced on Thursday, April 18th 2019. The newly minted shares were issued 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.
How were Fastenal's earnings last quarter?
Fastenal (NASDAQ:FAST) posted its earnings results on Friday, October, 11th. The company reported $0.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.36 by $0.01. The business earned $1.38 billion during the quarter, compared to analysts' expectations of $1.38 billion. Fastenal had a net margin of 14.77% and a return on equity of 32.03%. The firm's revenue was up 7.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.34 EPS. View Fastenal's Earnings History.
When is Fastenal's next earnings date?
What price target have analysts set for FAST?
12 Wall Street analysts have issued 12 month price targets for Fastenal's shares. Their forecasts range from $30.00 to $377.00. On average, they anticipate Fastenal's share price to reach $78.25 in the next year. This suggests a possible upside of 111.3% from the stock's current price. View Analyst Price Targets for Fastenal.
What is the consensus analysts' recommendation for Fastenal?
12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fastenal in the last year. There are currently 1 sell rating, 9 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Fastenal.
Has Fastenal been receiving favorable news coverage?
News articles about FAST stock have been trending negative this week, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Fastenal earned a media sentiment score of -2.0 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the near term. View News Stories for Fastenal.
Are investors shorting Fastenal?
Fastenal saw a decline in short interest during the month of November. As of November 29th, there was short interest totalling 30,520,000 shares, a decline of 10.7% from the November 14th total of 34,170,000 shares. Based on an average daily trading volume, of 4,584,500 shares, the days-to-cover ratio is presently 6.7 days. Approximately 5.4% of the shares of the stock are sold short. View Fastenal's Current Options Chain.
Who are some of Fastenal's key competitors?
Some companies that are related to Fastenal include W W Grainger (GWW), United Rentals (URI), Watsco (WSO), Air Lease (AL), MSC Industrial Direct (MSM), GATX (GATX), Applied Industrial Technologies (AIT), Aircastle (AYR), WESCO International (WCC), Beacon Roofing Supply (BECN), Kaman (KAMN), Rush Enterprises (RUSHA), H&E Equipment Services (HEES), MRC Global (MRC) and DXP Enterprises (DXPE).
What other stocks do shareholders of Fastenal own?
Who are Fastenal's key executives?
Fastenal's management team includes the folowing people:
- Mr. Daniel L. Florness, Pres, CEO & Director (Age 56)
- Mr. Holden Lewis, Exec. VP & CFO (Age 50)
- Ms. Reyne K. Wisecup, Sr. EVP of HR & Director (Age 56)
- Mr. Terry Modock Owen, Sr. Exec. VP of Sales Operations (Age 51)
- Mr. Jeffery M. Watts, Exec. VP of International Sales (Age 47)
Who are Fastenal's major shareholders?
Fastenal's stock is owned by a number of of institutional and retail investors. Top institutional investors include State Street Corp (5.42%), Cantillon Capital Management LLC (1.10%), Confluence Investment Management LLC (0.63%), Riverbridge Partners LLC (0.54%), Marshfield Associates (0.49%) and Provident Trust Co. (0.48%). Company insiders that own Fastenal stock include Charles S Miller, Daniel L Florness, Daniel L Johnson, Gary A Polipnick, Holden Lewis, James C Jansen, John Lewis Soderberg, Leland J Hein, Michael J Ancius, Michael John Dolan, Nicholas J Lundquist, Sheryl Ann Lisowski, Stephen L Eastman, Terry Modock Owen, Willard D Oberton and William Joseph Drazkowski. View Institutional Ownership Trends for Fastenal.
Which institutional investors are selling Fastenal stock?
FAST stock was sold by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., Teacher Retirement System of Texas, Willis Investment Counsel, Investment Management of Virginia LLC, CIBC Private Wealth Group LLC, Marathon Asset Management LLP, Banco Santander S.A. and Stifel Financial Corp. Company insiders that have sold Fastenal company stock in the last year include Charles S Miller, Daniel L Florness, John Lewis Soderberg, Leland J Hein, Michael John Dolan, Nicholas J Lundquist, Sheryl Ann Lisowski, Terry Modock Owen, Willard D Oberton and William Joseph Drazkowski. View Insider Buying and Selling for Fastenal.
Which institutional investors are buying Fastenal stock?
FAST stock was bought by a variety of institutional investors in the last quarter, including Ardevora Asset Management LLP, Fenimore Asset Management Inc., State Street Corp, State of New Jersey Common Pension Fund D, California Public Employees Retirement System, Tikehau Investment Management, First Trust Advisors LP and Millennium Management LLC. Company insiders that have bought Fastenal stock in the last two years include Daniel L Florness, Daniel L Johnson, 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, Robinhood, Fidelity and Charles Schwab.
What is Fastenal's stock price today?
One share of FAST stock can currently be purchased for approximately $37.03.
How big of a company is Fastenal?
Fastenal has a market capitalization of $21.24 billion and generates $4.97 billion in revenue each year. The company earns $751.90 million in net income (profit) each year or $1.32 on an earnings per share basis. Fastenal employs 21,644 workers across the globe.View Additional Information About Fastenal.
What is Fastenal's official website?
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)
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.
