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

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$54.12 -0.47 (-0.86 %)
(As of 01/17/2019 08:16 AM ET)
Previous Close$54.59
Today's Range$54.02 - $55.19
52-Week Range$47.37 - $61.14
Volume3.78 million shs
Average Volume2.36 million shs
Market Capitalization$15.67 billion
P/E Ratio28.04
Dividend Yield2.93%
Beta1.11
Fastenal Company, together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, and internationally. It offers fasteners, and other industrial and construction supplies under the Fastenal name. The company's fastener products include threaded fasteners, such as bolts, nuts, screws, studs, and related washers, which are used in manufactured products and construction projects, as well as in the maintenance and repair of machines. It also offers miscellaneous supplies and hardware, including various pins and machinery keys, concrete anchors, metal framing systems, wire ropes, strut products, rivets, and related accessories. The company serves the manufacturing market comprising original equipment manufacturers; maintenance, repair, and operations; and non-residential construction market, which includes general, electrical, plumbing, sheet metal, and road contractors. It also serves farmers, truckers, railroads, mining companies, schools, and retail trades; and oil exploration, production, and refinement companies, as well as federal, state, and local governmental entities. As of December 31, 2017, the company distributed its products through a network of 2,383 company owned stores. Fastenal Company was founded in 1967 and is headquartered in Winona, Minnesota.

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Industry, Sector and Symbol

Industry Building materials, hardware, garden supply & mobile home dealers
Sub-IndustryTrading Companies & Distributors
SectorRetail/Wholesale
Current SymbolNASDAQ:FAST
CUSIP31190010
Phone507-454-5374

Debt

Current Ratio5.35
Quick Ratio2.48

Price-To-Earnings

Sales & Book Value

Annual Sales$4.39 billion
Price / Sales3.54
Cash Flow$2.35 per share
Price / Cash Flow23.03
Book Value$7.29 per share
Price / Book7.42

Profitability

Net Income$578.60 million
Net Margins15.25%
Return on Assets23.25%

Miscellaneous

Employees20,565
Market Cap$15.67 billion
OptionableOptionable

Fastenal (NASDAQ:FAST) Frequently Asked Questions

What is Fastenal's stock symbol?

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

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

Fastenal announced a quarterly dividend on Wednesday, January 16th. Stockholders of record on Thursday, January 31st will be paid a dividend of $0.43 per share on Wednesday, February 27th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 3.18%. This is a boost from Fastenal's previous quarterly dividend of $0.40. View Fastenal's Dividend History.

How will Fastenal's stock buyback program work?

Fastenal declared that its board has initiated a share buyback program 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 purchase shares of its stock through open market purchases. Stock buyback programs are generally an indication that the company's management believes its stock is undervalued.

How were Fastenal's earnings last quarter?

Fastenal (NASDAQ:FAST) posted its quarterly earnings results on Wednesday, October, 10th. The company reported $0.69 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.67 by $0.02. The firm 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 revenue was up 13.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.50 earnings per share. View Fastenal's Earnings History.

When is Fastenal's next earnings date?

Fastenal is scheduled to release their next quarterly earnings announcement on Thursday, January 17th 2019. View Earnings Estimates for Fastenal.

How can I listen to Fastenal's earnings call?

Fastenal will be holding an earnings conference call on Thursday, January 17th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

What price target have analysts set for FAST?

14 brokers have issued twelve-month target prices for Fastenal's shares. Their predictions range from $49.00 to $63.00. On average, they expect Fastenal's share price to reach $56.50 in the next year. This suggests a possible upside of 4.4% from the stock's current price. View Analyst Price Targets for Fastenal.

What is the consensus analysts' recommendation for Fastenal?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fastenal in the last year. There are currently 1 sell rating, 9 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Fastenal.

Has Fastenal been receiving favorable news coverage?

Press coverage about FAST stock has trended somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Fastenal earned a media sentiment score of 1.5 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 7.0 out of 10, meaning that recent news coverage is likely to have an impact on the stock's share price in the near term.

Are investors shorting Fastenal?

Fastenal saw a decrease in short interest in December. As of December 14th, there was short interest totalling 22,546,579 shares, a decrease of 8.9% from the November 30th total of 24,757,758 shares. Based on an average daily trading volume, of 2,735,529 shares, the days-to-cover ratio is presently 8.2 days. Approximately 7.9% of the shares of the company are short sold. View Fastenal's Current Options Chain.

Who are some of Fastenal's key competitors?

Who are Fastenal's key executives?

Fastenal's management team includes the folowing people:
  • Mr. Daniel L. Florness, Pres, CEO & Director (Age 56)
  • Mr. Holden Lewis, Exec. VP & CFO (Age 50)
  • Ms. Reyne K. Wisecup, Sr. EVP of HR & Director (Age 56)
  • Mr. Terry Modock Owen, Sr. Exec. VP of Sales Operations (Age 51)
  • Mr. Charles S. Miller, Exec. VP of Sales (Age 45)

Who are Fastenal's major shareholders?

Fastenal's stock is owned by a number of of institutional and retail investors. Top institutional investors include Confluence Investment Management LLC (0.82%), Riverbridge Partners LLC (0.58%), Alta Capital Management LLC (0.25%), Douglass Winthrop Advisors LLC (0.23%), USS Investment Management Ltd (0.17%) 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, 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.

Which major investors are selling Fastenal stock?

FAST stock was sold by a variety of institutional investors in the last quarter, including USS Investment Management Ltd, Riverbridge Partners LLC, Gulf International Bank UK Ltd, Confluence Investment Management LLC, Northstar Investment Advisors LLC, Douglass Winthrop Advisors LLC, Alta Capital Management LLC and Boyd Watterson Asset Management LLC OH. Company insiders that have sold Fastenal company stock in the last year include Charles S Miller, James C Jansen, Michael John Dolan and William Joseph Drazkowski. View Insider Buying and Selling for Fastenal.

Which major investors are buying Fastenal stock?

FAST stock was bought by a variety of institutional investors in the last quarter, including Pensionfund DSM Netherlands, Virtu Financial LLC, Pensionfund Sabic, DNB Asset Management AS, New England Research & Management Inc., Legacy Capital Partners Inc., YHB Investment Advisors Inc. and Capital Investment Services of America 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.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Fastenal's stock price today?

One share of FAST stock can currently be purchased for approximately $54.12.

How big of a company is Fastenal?

Fastenal has a market capitalization of $15.67 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.

What is Fastenal's official website?

The official website for Fastenal is http://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 or via email at [email protected]


MarketBeat Community Rating for Fastenal (NASDAQ FAST)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  291 (Vote Outperform)
Underperform Votes:  478 (Vote Underperform)
Total Votes:  769
MarketBeat's community ratings are surveys of what our community members think about Fastenal and other stocks. Vote "Outperform" if you believe FAST will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FAST will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/17/2019 by MarketBeat.com Staff

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