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

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

Fastenal declared a quarterly dividend on Tuesday, October 9th. Stockholders of record on Wednesday, October 24th will be given a dividend of $0.40 per share on Wednesday, November 21st. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.97%. The ex-dividend date of this dividend is Tuesday, October 23rd. View Fastenal's Dividend History.

Fastenal declared that its board has authorized a stock repurchase program on Wednesday, July 12th 2017, which authorizes the company to repurchase 5,000,000 outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's board of directors believes its shares are undervalued.

Fastenal (NASDAQ:FAST) released its quarterly earnings results on Wednesday, October, 10th. The company reported $0.69 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.67 by $0.02. The business earned $1.28 billion during the quarter, compared to analyst estimates of $1.27 billion. Fastenal had a net margin of 15.25% and a return on equity of 32.29%. The firm's quarterly revenue was up 13.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.50 earnings per share. View Fastenal's Earnings History.

Fastenal is scheduled to release their next quarterly earnings announcement on Wednesday, January 16th 2019. View Earnings Estimates for Fastenal.

12 analysts have issued 12-month target prices for Fastenal's stock. Their predictions range from $49.00 to $63.00. On average, they anticipate Fastenal's share price to reach $56.20 in the next twelve months. This suggests a possible upside of 4.3% from the stock's current price. View Analyst Price Targets for Fastenal.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fastenal in the last year. There are currently 2 sell ratings, 6 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Fastenal.

Media stories about FAST stock have trended somewhat negative this week, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Fastenal earned a media sentiment score of -1.1 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 8.0 out of 10, meaning that recent press coverage is very likely to have an impact on the stock's share price in the next several days.

Fastenal saw a increase in short interest in November. As of November 30th, there was short interest totalling 24,757,758 shares, an increase of 4.7% from the November 15th total of 23,635,288 shares. Based on an average trading volume of 3,743,354 shares, the short-interest ratio is presently 6.6 days. Approximately 8.7% of the shares of the company are short sold. View Fastenal's Current Options Chain.

Some companies that are related to Fastenal include Sherwin-Williams (SHW), Ferguson (FERGY), Tractor Supply (TSCO), TITAN Cem Co S/ADR (TITCY), GrowGeneration (GRWG), AeroGrow International (AERO) and Ferguson (FERGD).

Fastenal's stock is owned by many different of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (11.31%), Vanguard Group Inc (11.31%), BlackRock Inc. (6.72%), Bank of New York Mellon Corp (5.13%), Route One Investment Company L.P. (2.73%) and OppenheimerFunds Inc. (1.75%). Company insiders that own Fastenal stock include Charles S Miller, Daniel L Florness, Daniel L Johnson, Darren R Jackson, Gary A Polipnick, Holden Lewis, James C Jansen, Leland J Hein, Michael J Ancius, Michael John Dolan, Stephen L Eastman, Terry Modock Owen, Willard D Oberton and William Joseph Drazkowski. View Institutional Ownership Trends for Fastenal.

FAST stock was sold by a variety of institutional investors in the last quarter, including OppenheimerFunds Inc., Mitsubishi UFJ Trust & Banking Corp, Select Equity Group L.P., Baird Financial Group Inc., First Trust Advisors LP, Grand Jean Capital Management Inc., Cantillon Capital Management LLC and Envestnet Asset Management Inc.. Company insiders that have sold Fastenal company stock in the last year include Charles S Miller, Gary A Polipnick, James C Jansen, Michael John Dolan and William Joseph Drazkowski. View Insider Buying and Selling for Fastenal.

FAST stock was purchased by a variety of institutional investors in the last quarter, including MERIAN GLOBAL INVESTORS UK Ltd, Alliancebernstein L.P., Park Presidio Capital LLC, Vanguard Group Inc, Vanguard Group Inc., Renaissance Technologies LLC, Assenagon Asset Management S.A. and Sumitomo Mitsui Trust Holdings Inc.. Company insiders that have bought Fastenal stock in the last two years include Daniel L Florness, 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.

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.

One share of FAST stock can currently be purchased for approximately $53.87.

Fastenal has a market capitalization of $15.72 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.

The official website for Fastenal is http://www.fastenal.com.

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]