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NASDAQ:FAST

Fastenal Stock Forecast, Price & News

$58.39
-0.81 (-1.37%)
(As of 01/18/2022 04:00 PM ET)
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Compare
Today's Range
$57.77
$58.78
50-Day Range
$58.47
$64.42
52-Week Range
$43.37
$64.75
Volume
4.49 million shs
Average Volume
3.20 million shs
Market Capitalization
$33.58 billion
P/E Ratio
37.67
Dividend Yield
1.89%
Beta
1.25
30 days | 90 days | 365 days | Advanced Chart
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Fastenal logo

About Fastenal

Fastenal Co. engages in the provision of fasteners, tools, and supplies which can help in the manufacture of products, build structures, protect personnel, and maintain facilities and equipment. It products include cutting tools & metalworking, fasteners, material handling, storage & packaging power, transmission & motors, tools & equipment, electricals, abrasives, hydraulics & pneumatics, plumbing, lifting & rigging, raw materials, fleet & automotive, welding, office products & furniture, janitorial and lighting. The company was founded by Robert A. Kierlin, Michael M. Gostomski, Henry K. McCannon, John D. Remick, and Stephen M. Slaggie in November 1967 and is headquartered in Winona, MN.

Headlines

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Industry, Sector and Symbol

Industry
Building materials, hardware, garden supply & mobile home dealers
Sub-Industry
Trading Companies & Distributors
Current Symbol
NASDAQ:FAST
CUSIP
31190010
Employees
20,365
Year Founded
1967

Sales & Book Value

Annual Sales
$5.65 billion
Cash Flow
$1.75 per share
Book Value
$4.76 per share

Profitability

Net Income
$859.10 million
Pretax Margin
20.07%

Debt

Price-To-Earnings

Miscellaneous

Free Float
571,942,000
Market Cap
$33.58 billion
Optionable
Optionable

Company Calendar

Last Earnings
10/12/2021
Ex-Dividend for 11/23 Dividend
10/25/2021
Dividend Payable
11/23/2021
Today
1/18/2022
Next Earnings (Confirmed)
1/19/2022
Dividend Payable
3/02/2022
Fiscal Year End
12/31/2022
Ex-Dividend for 3/2 Dividend
1/01/2100

Social Links


MarketRank

Overall MarketRank

2.53 out of 5 stars

Retail/Wholesale Sector

88th out of 279 stocks

Building Materials, Hardware, Garden Supply & Mobile Home Dealers Industry

3rd out of 6 stocks

Analyst Opinion: 1.0Community Rank: 3.7Dividend Strength: 4.2Insider Behavior: 2.5Valuation: 1.3 5 -4 -3 -2 -1 -












Fastenal (NASDAQ:FAST) Frequently Asked Questions

Is Fastenal a buy right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fastenal in the last twelve months. There are currently 2 sell ratings, 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Fastenal stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FAST, but not buy additional shares or sell existing shares.
View analyst ratings for Fastenal
or view top-rated stocks.

How has Fastenal's stock price been impacted by COVID-19 (Coronavirus)?

Fastenal's stock was trading at $32.93 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, FAST shares have increased by 77.3% and is now trading at $58.39.
View which stocks have been most impacted by COVID-19
.

Are investors shorting Fastenal?

Fastenal saw a increase in short interest in the month of December. As of December 15th, there was short interest totaling 13,450,000 shares, an increase of 23.4% from the November 30th total of 10,900,000 shares. Based on an average daily volume of 2,870,000 shares, the short-interest ratio is currently 4.7 days. Approximately 2.4% of the shares of the stock are sold short.
View Fastenal's Short Interest
.

When is Fastenal's next earnings date?

Fastenal is scheduled to release its next quarterly earnings announcement on Wednesday, January 19th 2022.
View our earnings forecast for Fastenal
.

How can I listen to Fastenal's earnings call?

Fastenal will be holding an earnings conference call on Wednesday, January 19th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Fastenal's earnings last quarter?

Fastenal (NASDAQ:FAST) issued its earnings results on Tuesday, October, 12th. The company reported $0.42 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.42. The company had revenue of $1.55 billion for the quarter, compared to analyst estimates of $1.54 billion. Fastenal had a net margin of 15.25% and a trailing twelve-month return on equity of 31.32%. The firm's revenue was up 10.0% compared to the same quarter last year. During the same period last year, the firm earned $0.38 earnings per share.
View Fastenal's earnings history
.

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

Fastenal announced a quarterly dividend on Tuesday, January 18th. Stockholders of record on Wednesday, February 2nd will be paid a dividend of $0.31 per share on Wednesday, March 2nd. This represents a $1.24 annualized dividend and a dividend yield of 2.12%. This is a boost from Fastenal's previous quarterly dividend of $0.28.
View Fastenal's dividend history
.

Is Fastenal a good dividend stock?

Fastenal pays an annual dividend of $1.12 per share and currently has a dividend yield of 1.89%. Fastenal has been increasing its dividend for 23 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Fastenal is 72.26%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Fastenal will have a dividend payout ratio of 64.74% next year. This indicates that Fastenal will be able to sustain or increase its dividend.
View Fastenal's dividend history.

When did Fastenal's stock split? How did Fastenal's stock split work?

Fastenal shares split on Wednesday, May 22nd 2019. The 2-1 split was announced on Thursday, April 18th 2019. The newly issued shares were issued to shareholders after the closing bell 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.

What price target have analysts set for FAST?

5 brokers have issued 1-year target prices for Fastenal's shares. Their forecasts range from $45.00 to $65.00. On average, they expect Fastenal's stock price to reach $56.40 in the next twelve months. This suggests that the stock has a possible downside of 3.4%.
View analysts' price targets for Fastenal
or view top-rated stocks among Wall Street analysts.

Who are Fastenal's key executives?

Fastenal's management team includes the following people:
  • Daniel Lars Florness, President, Chief Executive Officer & Director
  • Holden Lewis, Chief Financial Officer & Executive Vice President
  • John L. Soderberg, Executive Vice President-Information Technology
  • John J. Milek, Vice President & General Counsel
  • Reyne K. Wisecup, Director & Senior EVP-Human Resources

What is Daniel Florness' approval rating as Fastenal's CEO?

714 employees have rated Fastenal CEO Daniel Florness on Glassdoor.com. Daniel Florness has an approval rating of 85% among Fastenal's employees.

What other stocks do shareholders of Fastenal own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Fastenal investors own include Intel (INTC), Johnson & Johnson (JNJ), Micron Technology (MU), NVIDIA (NVDA), Bank of America (BAC), AbbVie (ABBV), Cisco Systems (CSCO), Walt Disney (DIS), QUALCOMM (QCOM) and Target (TGT).

What is Fastenal's stock symbol?

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

Who are Fastenal's major shareholders?

Fastenal's stock is owned by many different retail and institutional investors. Top institutional shareholders include Riverbridge Partners LLC (0.63%), Confluence Investment Management LLC (0.49%), Fenimore Asset Management Inc. (0.30%), Stonnington Group LLC (0.09%), Capital Investment Services of America Inc. (0.06%) and Royal London Asset Management Ltd. (0.03%). Company insiders that own Fastenal stock include Charles S Miller, Daniel L Florness, Daniel L Johnson, Darren R Jackson, Hsenghung Sam Hsu, James C Jansen, Jeffery Michael Watts, John Lewis Soderberg, Leland J Hein, Michael J Ancius, Michael J Ancius, Michael John Dolan, Nicholas J Lundquist, Reyne K Wisecup, Rita J Heise, Sarah N Nielsen, Sheryl Ann Lisowski, 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 Cullinan Associates Inc., Capital Investment Services of America Inc., Bremer Bank National Association, Confluence Investment Management LLC, State of Alaska Department of Revenue, Riverbridge Partners LLC, CX Institutional, and Royal London Asset Management Ltd.. Company insiders that have sold Fastenal company stock in the last year include Charles S Miller, James C Jansen, Jeffery Michael Watts, John Lewis Soderberg, Nicholas J Lundquist, Reyne K Wisecup, Sheryl Ann Lisowski, and William Joseph Drazkowski.
View insider buying and selling activity for Fastenal
or view top insider-selling stocks.

Which major investors are buying Fastenal stock?

FAST stock was purchased by a variety of institutional investors in the last quarter, including Stonnington Group LLC, Lindbrook Capital LLC, Fenimore Asset Management Inc., Kovack Advisors Inc., Diversified Trust Co, Cutler Group LP, Stratos Wealth Partners LTD., and Procyon Private Wealth Partners LLC. Company insiders that have bought Fastenal stock in the last two years include Daniel L Johnson, Darren R Jackson, Hsenghung Sam Hsu, Michael J Ancius, Michael John Dolan, Sarah N Nielsen, and Stephen L Eastman.
View insider buying and selling activity for Fastenal
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Fastenal's stock price today?

One share of FAST stock can currently be purchased for approximately $58.39.

How much money does Fastenal make?

Fastenal has a market capitalization of $33.58 billion and generates $5.65 billion in revenue each year. The company earns $859.10 million in net income (profit) each year or $1.55 on an earnings per share basis.

How many employees does Fastenal have?

Fastenal employs 20,365 workers across the globe.

Does Fastenal have any subsidiaries?

The following companies are subsidiares of Fastenal: Apex Industrial Technologies, Av-Tech Industries, FASTCO (Shanghai) Trading Co. Ltd., Fastenal (Shanghai) International Trading Co. Ltd., Fastenal (Shenzhen) International Trading Co. Ltd., Fastenal (Thailand) Ltd., Fastenal (Tianjin) International Trading Co. Ltd., Fastenal AT GmbH, Fastenal Air Fleet LLC, Fastenal Asia Pacific Limited, Fastenal Brasil Importação Exportação e Distribuição Ltda., Fastenal Brasil Participacoes Ltda., Fastenal Canada Ltd., Fastenal Chile SpA, Fastenal Colombia S.A.S., Fastenal Company Leasing, Fastenal Company Purchasing, Fastenal Europe AB, Fastenal Europe B.V., Fastenal Europe BE BV, Fastenal Europe FR Sàrl, Fastenal Europe GmbH, Fastenal Europe IE Limited, Fastenal Europe Kft., Fastenal Europe Ltd., Fastenal Europe RO S.r.l., Fastenal Europe S.L., Fastenal Europe S.r.l., Fastenal Europe Sp. z o.o., Fastenal Europe Sàrl, Fastenal Europe s.r.o., Fastenal IP Company, Fastenal India Sourcing IT and Procurement Private Ltd, Fastenal India Wholesale Private Ltd., Fastenal International Holdings Company, Fastenal Latin America S.A., Fastenal Malaysia SDN BHD, Fastenal Mexico LLC, Fastenal Mexico S. de R.L. de C.V., Fastenal Mexico Services S. de R.L. de C.V., Fastenal Netherlands Holdings B.V., Fastenal Panama S.A., Fastenal Singapore PTE Ltd., Holo-Krome, Innova Holdings LLC, Innova Supply Chain Solutions LLC, Manufacturers Supply, and River Surplus and Supply LLC.

When was Fastenal founded?

Fastenal was founded in 1967.

What is Fastenal's official website?

The official website for Fastenal is www.fastenal.com.

Where are Fastenal's headquarters?

Fastenal is headquartered at 2001 THEURER BLVD, WINONA MN, 55987.

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, via email at [email protected], or via fax at 507-453-8049.


This page was last updated on 1/18/2022 by MarketBeat.com Staff

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