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 given a dividend of $0.40 per share on Wednesday, November 21st. This represents a $1.60 annualized dividend and a yield of 2.92%. The ex-dividend date is Tuesday, October 23rd. View Fastenal's Dividend History.

Fastenal announced that its board has authorized a stock repurchase program 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 purchase shares of its stock through open market purchases. Shares buyback programs are often a sign that the company's board believes its shares are 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, beating the Zacks' consensus estimate of $0.67 by $0.02. The company earned $1.28 billion during the quarter, compared to analyst estimates of $1.27 billion. Fastenal had a return on equity of 32.29% and a net margin of 15.25%. The firm's quarterly revenue was up 13.0% on a year-over-year basis. During the same period last year, the company earned $0.50 earnings per share. 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.

12 equities research analysts have issued 1-year target prices for Fastenal's shares. Their forecasts range from $49.00 to $63.00. On average, they expect Fastenal's stock price to reach $56.20 in the next twelve months. This suggests a possible upside of 2.6% from the stock's current price. 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 2 sell ratings, 6 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Fastenal.

Media headlines about FAST stock have trended very positive on Thursday, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Fastenal earned a coverage optimism score of 3.6 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the immediate future.

Fastenal saw a increase in short interest in the month of November. As of November 30th, there was short interest totalling 24,757,758 shares, an increase of 4.7% from the November 15th total of 23,635,288 shares. Based on an average daily trading volume, of 3,743,354 shares, the days-to-cover ratio is currently 6.6 days. Approximately 8.7% of the company's stock are short sold. View Fastenal's Current Options Chain.

Some companies that are related to Fastenal include Sherwin-Williams (SHW), Ferguson (FERGY), Tractor Supply (TSCO), TITAN Cem Co S/ADR (TITCY), AeroGrow International (AERO), GrowGeneration (GRWG) and Ferguson (FERGD).

Fastenal's stock is owned by a number of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (11.31%), BlackRock Inc. (6.72%), Bank of New York Mellon Corp (5.13%), Route One Investment Company L.P. (2.73%), OppenheimerFunds Inc. (1.75%) and Cantillon Capital Management LLC (1.04%). 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.

FAST stock was sold by a variety of institutional investors in the last quarter, including OppenheimerFunds Inc., Mitsubishi UFJ Trust & Banking Corp, Select Equity Group L.P., Baird Financial Group Inc., First Trust Advisors LP, Grand Jean Capital Management Inc., Cantillon Capital Management LLC and Envestnet Asset Management Inc.. Company insiders that have sold Fastenal company stock in the last year include Charles S Miller, Gary A Polipnick, James C Jansen, Michael John Dolan and William Joseph Drazkowski. View Insider Buying and Selling for Fastenal.

FAST stock was acquired by a variety of institutional investors in the last quarter, including MERIAN GLOBAL INVESTORS UK Ltd, Alliancebernstein L.P., Park Presidio Capital LLC, Vanguard Group Inc., Renaissance Technologies LLC, Assenagon Asset Management S.A., Sumitomo Mitsui Trust Holdings Inc. and Bank of New York Mellon Corp. 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 $54.77.

Fastenal has a market capitalization of $15.86 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]