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. Investors of record on Wednesday, October 24th will be paid a dividend of $0.40 per share on Wednesday, November 21st. This represents a $1.60 dividend on an annualized basis and a yield of 2.93%. The ex-dividend date is Tuesday, October 23rd. View Fastenal's Dividend History.

Fastenal declared that its Board of Directors has authorized a stock repurchase plan on Wednesday, July 12th 2017, which authorizes the company to buyback 5,000,000 shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares buyback plans are generally an indication that the company's board believes its stock is undervalued.

Fastenal (NASDAQ:FAST) posted its quarterly earnings data on Wednesday, October, 10th. The company reported $0.69 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.67 by $0.02. The business had revenue of $1.28 billion for the quarter, compared to analysts' expectations of $1.27 billion. Fastenal had a return on equity of 32.29% and a net margin of 15.25%. The firm's revenue was up 13.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.50 EPS. 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.

11 brokerages have issued 12-month price objectives for Fastenal's stock. Their predictions range from $49.00 to $62.00. On average, they anticipate Fastenal's stock price to reach $55.4444 in the next twelve months. This suggests a possible upside of 1.7% from the stock's current price. 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.

News coverage about FAST stock has trended negative recently, InfoTrie reports. The research firm ranks the sentiment of news coverage by reviewing more than six thousand news and blog 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 news sentiment score of -2.0 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the near term.

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 a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.72%), Bank of New York Mellon Corp (5.13%), Cantillon Capital Management LLC (1.04%), Janus Henderson Group PLC (0.83%), Confluence Investment Management LLC (0.83%) and Alliancebernstein L.P. (0.79%). 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, 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 First Trust Advisors LP, Grand Jean Capital Management Inc., Cantillon Capital Management LLC, Mcdonald Capital Investors Inc. CA, River Road Asset Management LLC, Janus Henderson Group PLC, TCW Group Inc. and Confluence Investment Management LLC. 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 purchased by a variety of institutional investors in the last quarter, including MERIAN GLOBAL INVESTORS UK Ltd, Alliancebernstein L.P., Assenagon Asset Management S.A., Sumitomo Mitsui Trust Holdings Inc., Bank of New York Mellon Corp, Canada Pension Plan Investment Board, Los Angeles Capital Management & Equity Research Inc. and Bank of Montreal Can. 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 $54.52.

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]