Fastenal (FAST) Stock Forecast, Price & News

Fastenal (NASDAQ:FAST) Frequently Asked Questions

Is Fastenal a buy right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fastenal in the last year. There are currently 1 sell rating, 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Fastenal stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FAST, but not buy additional shares or sell existing shares.
View analyst ratings for Fastenal or view top-rated stocks.

When is Fastenal's next earnings date?

Fastenal is scheduled to release its next quarterly earnings announcement on Wednesday, July 13th 2022.
View our earnings forecast for Fastenal.

How were Fastenal's earnings last quarter?

Fastenal (NASDAQ:FAST) released its earnings results on Wednesday, April, 13th. The company reported $0.47 EPS for the quarter, beating analysts' consensus estimates of $0.44 by $0.03. The company had revenue of $1.70 billion for the quarter, compared to the consensus estimate of $1.69 billion. Fastenal had a trailing twelve-month return on equity of 32.72% and a net margin of 15.63%. The business's revenue for the quarter was up 20.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.37 earnings per share.
View Fastenal's earnings history.

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

Fastenal declared a quarterly dividend on Tuesday, April 12th. Shareholders of record on Wednesday, April 27th will be given a dividend of $0.31 per share on Wednesday, May 25th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 2.41%. The ex-dividend date of this dividend is Tuesday, April 26th.
View Fastenal's dividend history.

Is Fastenal a good dividend stock?

Fastenal pays an annual dividend of $1.24 per share and currently has a dividend yield of 2.42%. Fastenal has been increasing its dividend for 24 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Fastenal is 72.52%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Fastenal will have a dividend payout ratio of 62.00% next year. This indicates that Fastenal will be able to sustain or increase its dividend.
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 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.

What price target have analysts set for FAST?

5 Wall Street analysts have issued 12-month price objectives for Fastenal's shares. Their forecasts range from $56.00 to $66.00. On average, they anticipate Fastenal's stock price to reach $60.80 in the next year. This suggests a possible upside of 18.2% from the stock's current price.
View analysts' price targets for Fastenal or view top-rated stocks among Wall Street analysts.

Who are Fastenal's key executives?

Fastenal's management team includes the following people:

• Mr. Daniel L. Florness, Pres, CEO & Director (Age 59, Pay $1.89M)
• Mr. Holden Lewis, Exec. VP & CFO (Age 53, Pay $1.04M)
• Mr. Terry Modock Owen, Sr. Exec. VP of Sales Operations (Age 54, Pay $1.29M) (LinkedIn Profile)
• Ms. Reyne K. Wisecup, Sr. EVP of HR & Director (Age 59, Pay $42.5k)
• Mr. William Joseph Drazkowski, Exec. VP of Sales (Age 51, Pay $1.13M)
• Mr. Jeffery M. Watts, Exec. VP of International Sales (Age 50, Pay $1.38M)
• Ms. Sheryl Ann Lisowski, Exec. VP, Chief Accounting Officer & Treasurer (Age 55) (LinkedIn Profile)
• John J. Milek, VP & Gen. Counsel
• Ms. Ellen Stolts, Financial Reporting & Regulatory Compliance Mang.
• Mr. James C. Jansen, Exec. VP of Manufacturing (Age 52)

What is Daniel Florness' approval rating as Fastenal's CEO?

714 employees have rated Fastenal CEO Daniel Florness on Glassdoor.com. Daniel Florness has an approval rating of 85% among Fastenal's employees.

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), WESCO International (WCC), MSC Industrial Direct (MSM), Beacon Roofing Supply (BECN), Air Lease (AL), Applied Industrial Technologies (AIT), GATX (GATX), Rush Enterprises (RUSHA), Textainer Group (TGH), H&E Equipment Services (HEES), Kaman (KAMN), MRC Global (MRC) and BlueLinx (BXC).
View all of FAST's competitors.

What other stocks do shareholders of Fastenal own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Fastenal investors own include Intel (INTC), Johnson & Johnson (JNJ), Micron Technology (MU), NVIDIA (NVDA), Bank of America (BAC), AbbVie (ABBV), Cisco Systems (CSCO), Walt Disney (DIS), QUALCOMM (QCOM) and Target (TGT).

What is Fastenal's stock symbol?

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

Who are Fastenal's major shareholders?

Fastenal's stock is owned by many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (11.91%), BlackRock Inc. (8.04%), State Street Corp (4.74%), Bank of New York Mellon Corp (4.72%), Charles Schwab Investment Management Inc. (1.60%) and Principal Financial Group Inc. (1.59%). Company insiders that own Fastenal stock include Charles S Miller, Daniel L Johnson, Hsenghung Sam Hsu, James C Jansen, Jeffery Michael Watts, John Lewis Soderberg, Leland J Hein, Michael J Ancius, Michael J Ancius, Michael John Dolan, Nicholas J Lundquist, Reyne K Wisecup, Rita J Heise, Sarah N Nielsen, Sheryl Ann Lisowski, Stephen L Eastman, Terry Modock Owen 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 Sumitomo Mitsui Trust Holdings Inc., State Street Corp, Bank of New York Mellon Corp, Royal Bank of Canada, Marathon Asset Management Ltd, Caisse DE Depot ET Placement DU Quebec, Bank of Nova Scotia, and Quantum Capital Management LLC NJ. Company insiders that have sold Fastenal company stock in the last year include Charles S Miller, James C Jansen, Jeffery Michael Watts, John Lewis Soderberg, Nicholas J Lundquist, Reyne K Wisecup, Sheryl Ann Lisowski, and William Joseph Drazkowski.
View insider buying and selling activity for Fastenal or view top insider-selling stocks.

Which institutional investors are buying Fastenal stock?

FAST stock was bought by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., BlackRock Inc., Vanguard Group Inc., Select Equity Group L.P., Candlestick Capital Management LP, Charles Schwab Investment Management Inc., JPMorgan Chase & Co., and Baird Financial Group Inc.. Company insiders that have bought Fastenal stock in the last two years include Daniel L Johnson, Hsenghung Sam Hsu, Michael J Ancius, Michael John Dolan, Sarah N Nielsen, and Stephen L Eastman.
View insider buying and selling activity for Fastenal or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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What is Fastenal's stock price today?

One share of FAST stock can currently be purchased for approximately $51.45.

How much money does Fastenal make?

Fastenal has a market capitalization of $29.62 billion and generates $6.01 billion in revenue each year. The company earns $925 million in net income (profit) each year or $1.709990 on an earnings per share basis.

How many employees does Fastenal have?

Fastenal employs 20,507 workers across the globe.

Does Fastenal have any subsidiaries?

The following companies are subsidiares of Fastenal: Apex Industrial Technologies, Av-Tech Industries, FASTCO (Shanghai) Trading Co. Ltd., Fastenal (Shanghai) International Trading Co. Ltd., Fastenal (Shenzhen) International Trading Co. Ltd., Fastenal (Thailand) Ltd., Fastenal (Tianjin) International Trading Co. Ltd., Fastenal AT GmbH, Fastenal Air Fleet LLC, Fastenal Asia Pacific Limited, Fastenal Brasil Importação Exportação e Distribuição Ltda., Fastenal Brasil Participacoes Ltda., Fastenal Canada Ltd., Fastenal Chile SpA, Fastenal Colombia S.A.S., Fastenal Company Leasing, Fastenal Company Purchasing, Fastenal Europe AB, Fastenal Europe B.V., Fastenal Europe BE BV, Fastenal Europe FR Sàrl, Fastenal Europe GmbH, Fastenal Europe IE Limited, Fastenal Europe Kft., Fastenal Europe Ltd., Fastenal Europe RO S.r.l., Fastenal Europe S.L., Fastenal Europe S.r.l., Fastenal Europe Sp. z o.o., Fastenal Europe Sàrl, Fastenal Europe s.r.o., Fastenal IP Company, Fastenal India Sourcing IT and Procurement Private Ltd, Fastenal India Wholesale Private Ltd., Fastenal International Holdings Company, Fastenal Latin America S.A., Fastenal Malaysia SDN BHD, Fastenal Mexico LLC, Fastenal Mexico S. de R.L. de C.V., Fastenal Mexico Services S. de R.L. de C.V., Fastenal Netherlands Holdings B.V., Fastenal Panama S.A., Fastenal Singapore PTE Ltd., Holo-Krome, Innova Holdings LLC, Innova Supply Chain Solutions LLC, Manufacturers Supply, and River Surplus and Supply LLC.

When was Fastenal founded?

Fastenal was founded in 1967.

What is Fastenal's official website?

The official website for Fastenal is www.fastenal.com.

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, via email at [email protected], or via fax at 507-453-8049.