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

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

Fastenal declared a quarterly dividend on Tuesday, July 10th. Shareholders of record on Wednesday, July 25th will be given a dividend of $0.40 per share on Wednesday, August 22nd. This represents a $1.60 dividend on an annualized basis and a yield of 2.66%. 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.

Fastenal declared that its board has approved a stock repurchase plan on Wednesday, July 12th 2017, which permits the company to buyback 5,000,000 outstanding shares, according to EventVestor. This buyback authorization permits the company to buy shares of its stock through open market purchases. Shares buyback plans are usually a sign that the company's board believes its shares are undervalued.

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

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

11 brokerages have issued 1-year target prices for Fastenal's shares. Their predictions range from $46.00 to $62.00. On average, they expect Fastenal's share price to reach $55.00 in the next twelve months. This suggests that the stock has a possible downside of 8.5%. View Analyst Price Targets 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.

Fastenal saw a drop in short interest in July. As of July 13th, there was short interest totalling 21,172,578 shares, a drop of 13.5% from the June 29th total of 24,475,987 shares. Based on an average daily volume of 6,717,260 shares, the days-to-cover ratio is currently 3.2 days. Approximately 7.4% of the company's stock are short sold. View Fastenal's Current Options Chain.

Some companies that are related to Fastenal include Sherwin-Williams (SHW), Ferguson (FERGD), Ferguson (FERGY), Tractor Supply (TSCO), Titan Cement (TITCY), GrowGeneration (GRWG) and AeroGrow International (AERO).

Media stories about FAST stock have trended somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Fastenal earned a news and rumor sentiment score of 0.05 on Accern's scale. They also gave media headlines about the company an impact score of 47.12 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future. View Recent Headlines for Fastenal.

Fastenal's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.73%), Bank of New York Mellon Corp (5.08%), OppenheimerFunds Inc. (1.97%), Waddell & Reed Financial Inc. (1.19%), Cantillon Capital Management LLC (1.12%) and Janus Henderson Group PLC (0.88%). 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.

FAST stock was sold by a variety of institutional investors in the last quarter, including 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., River Road Asset Management LLC and United Services Automobile Association. 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.

FAST stock was acquired 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.

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 $60.14.

Fastenal has a market capitalization of $16.56 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.

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]