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

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

Fastenal declared a quarterly dividend on Thursday, April 11th. Investors of record on Wednesday, April 24th will be paid a dividend of $0.43 per share on Wednesday, May 22nd. This represents a $1.72 annualized dividend and a yield of 2.42%. The ex-dividend date of this dividend is Tuesday, April 23rd. View Fastenal's Dividend History.

Fastenal shares split on the morning of Wednesday, May 22nd 2019. The 2-1 split was announced on Thursday, April 18th 2019. The newly created shares will be distributed to shareholders after the closing bell 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.

Fastenal declared that its Board of Directors has initiated a stock repurchase plan on Wednesday, July 12th 2017, which permits the company to buyback 5,000,000 shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback plans are usually an indication that the company's management believes its shares are undervalued.

Fastenal (NASDAQ:FAST) announced its earnings results on Thursday, April, 11th. The company reported $0.68 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.67 by $0.01. The company had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.30 billion. Fastenal had a return on equity of 33.52% and a net margin of 15.16%. During the same period last year, the company posted $0.61 earnings per share. View Fastenal's Earnings History.

Fastenal is scheduled to release their next quarterly earnings announcement on Wednesday, July 10th 2019. View Earnings Estimates for Fastenal.

12 analysts have issued 12-month target prices for Fastenal's stock. Their predictions range from $50.00 to $78.00. On average, they expect Fastenal's share price to reach $61.2222 in the next year. This suggests that the stock has a possible downside of 13.9%. 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 10 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Fastenal.

News stories about FAST stock have trended positive recently, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Fastenal earned a media sentiment score of 2.6 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 3.0 out of 10, indicating that recent media coverage is unlikely to have an impact on the company's share price in the next several days.

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).

Based on aggregate information from My MarketBeat watchlists, some companies that other Fastenal investors own include CA (CA), Intel (INTC), Micron Technology (MU), Johnson & Johnson (JNJ), Procter & Gamble (PG), Cisco Systems (CSCO), Starbucks (SBUX), QUALCOMM (QCOM), Caterpillar (CAT) and The Coca-Cola (KO).

Fastenal's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Confluence Investment Management LLC (0.63%), Riverbridge Partners LLC (0.56%), Investmentaktiengesellschaft Fuer Langfristige Investoren TGV (0.35%), Douglass Winthrop Advisors LLC (0.23%), Harvey Investment Co. LLC (0.12%) and Capital Investment Services of America Inc. (0.07%). 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, John Lewis Soderberg, Leland J Hein, Michael J Ancius, Michael John Dolan, Nicholas J Lundquist, Sheryl Ann Lisowski, Stephen L Eastman, Terry Modock Owen 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 Confluence Investment Management LLC, Investmentaktiengesellschaft Fuer Langfristige Investoren TGV, Riverbridge Partners LLC, Eqis Capital Management Inc., DAVENPORT & Co LLC, First Hawaiian Bank, Northstar Investment Advisors LLC and Harvey Investment Co. LLC. Company insiders that have sold Fastenal company stock in the last year include James C Jansen, John Lewis Soderberg, Leland J Hein, Michael John Dolan, Nicholas J Lundquist and Sheryl Ann Lisowski. View Insider Buying and Selling for Fastenal.

FAST stock was acquired by a variety of institutional investors in the last quarter, including Fenimore Asset Management Inc., Pacer Advisors Inc., CX Institutional, Manning & Napier Group LLC, Spectrum Asset Management Inc. NB CA, American National Bank, Mercer Global Advisors Inc. ADV and Carroll Financial Associates 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 $71.08.

Fastenal has a market capitalization of $20.34 billion and generates $4.97 billion in revenue each year. The company earns $751.90 million in net income (profit) each year or $2.63 on an earnings per share basis. Fastenal employs 21,644 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]