NASDAQ:FASTFastenal Stock Price, Forecast & News

Fastenal's stock was trading at $32.93 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, FAST stock has increased by 47.1% and is now trading at $48.45.
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13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fastenal in the last year. There are currently 1 sell rating, 8 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Fastenal.

Fastenal is scheduled to release its next quarterly earnings announcement on Friday, October 9th 2020.
View our earnings forecast for Fastenal.

Fastenal (NASDAQ:FAST) announced its quarterly earnings results on Tuesday, July, 14th. The company reported $0.42 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.36 by $0.06. The firm had revenue of $1.51 billion for the quarter, compared to analysts' expectations of $1.47 billion. Fastenal had a net margin of 15.07% and a return on equity of 31.19%. The business's revenue was up 10.3% on a year-over-year basis. During the same period last year, the business earned $0.36 earnings per share.
View Fastenal's earnings history.

Fastenal announced a quarterly dividend on Monday, July 13th. Stockholders of record on Tuesday, July 28th will be given a dividend of $0.25 per share on Tuesday, August 25th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.06%. The ex-dividend date of this dividend is Monday, July 27th.
View Fastenal's dividend history.

Fastenal shares split on Wednesday, May 22nd 2019. The 2-1 split was announced on Thursday, April 18th 2019. The newly minted shares were payable to shareholders after the market closes 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.

13 analysts have issued 1 year target prices for Fastenal's shares. Their forecasts range from $34.00 to $51.00. On average, they expect Fastenal's share price to reach $42.33 in the next year. This suggests that the stock has a possible downside of 12.6%.
View analysts' price targets for Fastenal.

News articles about FAST stock have been trending very positive recently, according to InfoTrie. InfoTrie scores the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Fastenal earned a media sentiment score of 4.0 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the next several days.
View the latest news about Fastenal.

Fastenal saw a decrease in short interest in the month of June. As of June 30th, there was short interest totaling 19,210,000 shares, a decrease of 9.5% from the June 15th total of 21,220,000 shares. Based on an average daily volume of 4,700,000 shares, the short-interest ratio is presently 4.1 days. Currently, 3.4% of the company's shares are sold short.
View Fastenal's Current Options Chain.

Some companies that are related to Fastenal include W W Grainger (GWW), United Rentals (URI), Watsco (WSO), MSC Industrial Direct (MSM), Air Lease (AL), Applied Industrial Technologies (AIT), GATX (GATX), Beacon Roofing Supply (BECN), WESCO International (WCC), Rush Enterprises (RUSHA), Kaman (KAMN), H&E Equipment Services (HEES), Textainer Group (TGH), MRC Global (MRC) and DXP Enterprises (DXPE).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Fastenal investors own include Intel (INTC), Starbucks (SBUX), Walt Disney (DIS), Micron Technology (MU), AT&T (T), NVIDIA (NVDA), QUALCOMM (QCOM), AbbVie (ABBV), Bank of America (BAC) and Target (TGT).

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

Fastenal's stock is owned by many different institutional and retail investors. Top institutional investors include Principal Financial Group Inc. (1.54%), Cantillon Capital Management LLC (1.09%), Sumitomo Mitsui Trust Holdings Inc. (0.68%), Confluence Investment Management LLC (0.60%), Riverbridge Partners LLC (0.55%) and Provident Trust Co. (0.50%). Company insiders that own Fastenal stock include Charles S Miller, Daniel L Florness, Daniel L Johnson, Darren R Jackson, Holden Lewis, James C Jansen, John Lewis Soderberg, Leland J Hein, Michael J Ancius, Michael John Dolan, Nicholas J Lundquist, Sheryl Ann Lisowski, 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 Mcdonald Capital Investors Inc. CA, Principal Financial Group Inc., Raymond James & Associates, Confluence Investment Management LLC, Arizona State Retirement System, Oregon Public Employees Retirement Fund, Kornitzer Capital Management Inc. KS, and Ziegler Capital Management LLC. Company insiders that have sold Fastenal company stock in the last year include Charles S Miller, Daniel L Florness, James C Jansen, Leland J Hein, Michael John Dolan, Sheryl Ann Lisowski, Willard D Oberton, and William Joseph Drazkowski.
View insider buying and selling activity for Fastenal.

FAST stock was purchased by a variety of institutional investors in the last quarter, including Sumitomo Mitsui Trust Holdings Inc., MERIAN GLOBAL INVESTORS UK Ltd, GWM Advisors LLC, Robeco Institutional Asset Management B.V., BNP PARIBAS ASSET MANAGEMENT Holding S.A., Railway Pension Investments Ltd, Victory Capital Management Inc., and Fenimore Asset Management 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, Terry Modock Owen, and William Joseph Drazkowski.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

One share of FAST stock can currently be purchased for approximately $48.45.

Fastenal has a market capitalization of $27.79 billion and generates $5.33 billion in revenue each year. The company earns $790.90 million in net income (profit) each year or $1.38 on an earnings per share basis. Fastenal employs 21,948 workers across the globe.

The official website for Fastenal is 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]