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

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

Fastenal announced a quarterly dividend on Wednesday, January 16th. Investors of record on Thursday, January 31st will be given a dividend of $0.43 per share on Wednesday, February 27th. This represents a $1.72 annualized dividend and a dividend yield of 2.74%. The ex-dividend date is Wednesday, January 30th. This is a positive change from Fastenal's previous quarterly dividend of $0.40. View Fastenal's Dividend History.

Fastenal declared that its board has approved a stock buyback plan on Wednesday, July 12th 2017, which permits the company to repurchase 5,000,000 shares, according to EventVestor. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's board of directors believes its shares are undervalued.

Fastenal (NASDAQ:FAST) released its earnings results on Thursday, January, 17th. The company reported $0.60 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.60. The company had revenue of $1.23 billion for the quarter, compared to analysts' expectations of $1.22 billion. Fastenal had a net margin of 15.14% and a return on equity of 33.48%. The business's quarterly revenue was up 13.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.45 EPS. View Fastenal's Earnings History.

Fastenal is scheduled to release their next quarterly earnings announcement on Wednesday, April 10th 2019. View Earnings Estimates for Fastenal.

14 analysts have issued twelve-month price targets for Fastenal's stock. Their forecasts range from $49.00 to $63.00. On average, they anticipate Fastenal's share price to reach $56.0909 in the next year. This suggests that the stock has a possible downside of 10.5%. View Analyst Price Targets 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.

News articles about FAST stock have trended somewhat positive this week, according to InfoTrie Sentiment. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real time. 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 1.7 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.

Fastenal saw a increase in short interest in the month of January. As of January 31st, there was short interest totalling 26,261,976 shares, an increase of 9.0% from the January 15th total of 24,100,895 shares. Based on an average daily trading volume, of 4,175,664 shares, the short-interest ratio is presently 6.3 days. Approximately 9.3% of the company's stock are sold short. 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), GrowGeneration (GRWG), AeroGrow International (AERO) and Ferguson (FERGD).

Based on aggregate information from My MarketBeat watchlists, some companies that other Fastenal investors own include CA (CA), Intel (INTC), Micron Technology (MU), Johnson & Johnson (JNJ), Caterpillar (CAT), The Coca-Cola (KO), Procter & Gamble (PG), Boeing (BA), BlackRock (BLK) and Verizon Communications (VZ).

Fastenal's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.94%), Bank of New York Mellon Corp (5.55%), Geode Capital Management LLC (1.46%), Northern Trust Corp (1.28%), Oregon Public Employees Retirement Fund (1.27%) and Cantillon Capital Management LLC (1.13%). 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, John Lewis Soderberg, Leland J Hein, Michael J Ancius, Michael John Dolan, Nicholas J Lundquist, Sheryl Ann Lisowski, 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 Millennium Management LLC, D. E. Shaw & Co. Inc., Los Angeles Capital Management & Equity Research Inc., Nicholas Company Inc., Canada Pension Plan Investment Board, LPL Financial LLC, Connor Clark & Lunn Investment Management Ltd. and Bank of Montreal Can. Company insiders that have sold Fastenal company stock in the last year include James C Jansen, John Lewis Soderberg, Leland J Hein, Michael John Dolan, Nicholas J Lundquist, Sheryl Ann Lisowski 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 Oregon Public Employees Retirement Fund, London Co. of Virginia, Pendal Group Ltd, Bank of New York Mellon Corp, BlackRock Inc., Nordea Investment Management AB, First Trust Advisors LP and Northern Trust 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 $62.66.

Fastenal has a market capitalization of $17.92 billion and generates $4.97 billion in revenue each year. The company earns $751.90 million in net income (profit) each year or $2.63 on an earnings per share basis. Fastenal employs 21,644 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]