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

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$59.51 +0.20 (+0.34 %)
(As of 08/19/2018 04:00 PM ET)
Previous Close$59.51
Today's Range$59.26 - $59.7940
52-Week Range$39.79 - $59.79
Volume1.51 million shs
Average Volume2.89 million shs
Market Capitalization$16.56 billion
P/E Ratio30.83
Dividend Yield2.74%
Beta1.03
Fastenal logoFastenal 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

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

Debt

Debt-to-Equity Ratio0.19
Current Ratio5.62
Quick Ratio2.57

Price-To-Earnings

Trailing P/E Ratio30.83
Forward P/E Ratio23.25
P/E Growth1.61

Sales & Book Value

Annual Sales$4.39 billion
Price / Sales3.89
Cash Flow$2.4439 per share
Price / Cash24.35
Book Value$7.29 per share
Price / Book8.16

Profitability

EPS (Most Recent Fiscal Year)$1.93
Net Income$578.60 million
Net Margins14.57%
Return on Equity30.82%
Return on Assets22.00%

Miscellaneous

Employees20,565
Outstanding Shares286,950,000
Market Cap$16.56 billion

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 Tuesday, July 10th. Stockholders of record on Wednesday, July 25th will be paid a dividend of $0.40 per share on Wednesday, August 22nd. This represents a $1.60 annualized dividend and a dividend yield of 2.69%. The ex-dividend date is Tuesday, July 24th. This is a positive change from Fastenal's previous quarterly dividend of $0.37. View Fastenal's Dividend History.

How will Fastenal's stock buyback program work?

Fastenal announced that its Board of Directors has authorized a share repurchase plan 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 buy shares of its stock through open market purchases. Stock buyback plans are usually an indication that the company's leadership believes its stock is undervalued.

How were Fastenal's earnings last quarter?

Fastenal (NASDAQ:FAST) posted its quarterly earnings data on Wednesday, July, 11th. The company reported $0.74 EPS for the quarter, beating analysts' consensus estimates of $0.66 by $0.08. The company had revenue of $1.27 billion for the quarter, compared to analysts' expectations of $1.26 billion. Fastenal had a return on equity of 30.82% and a net margin of 14.57%. The company's quarterly revenue was up 13.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.52 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 Wednesday, October, 10th 2018. View Earnings Estimates for Fastenal.

What price target have analysts set for FAST?

11 equities research analysts have issued 1-year price targets for Fastenal's shares. Their forecasts range from $46.00 to $62.00. On average, they expect Fastenal's stock price to reach $55.00 in the next year. This suggests that the stock has a possible downside of 7.6%. View Analyst Price Targets for Fastenal.

What is the consensus analysts' recommendation for Fastenal?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fastenal in the last year. There are currently 2 sell ratings, 5 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Fastenal.

Are investors shorting Fastenal?

Fastenal saw a drop in short interest in the month of July. As of July 13th, there was short interest totalling 21,172,578 shares, a drop of 13.5% from the June 29th total of 24,475,987 shares. Based on an average trading volume of 6,717,260 shares, the short-interest ratio is presently 3.2 days. Currently, 7.4% of the shares of the stock 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 55)
  • Mr. Holden Lewis, Exec. VP & CFO (Age 49)
  • Ms. Reyne K. Wisecup, Sr. EVP of HR & Director (Age 55)
  • Mr. Terry Modock Owen, Sr. Exec. VP of Sales Operations (Age 50)
  • Mr. Charles S. Miller, Exec. VP of Sales (Age 44)

Has Fastenal been receiving favorable news coverage?

Media stories about FAST stock have trended positive recently, Accern Sentiment Analysis reports. The research group identifies positive and negative news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Fastenal earned a media and rumor sentiment score of 0.32 on Accern's scale. They also assigned news headlines about the company an impact score of 42.66 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next several days. View Recent Headlines for Fastenal.

Who are Fastenal's major shareholders?

Fastenal's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.73%), Bank of New York Mellon Corp (5.08%), OppenheimerFunds Inc. (1.97%), Waddell & Reed Financial Inc. (1.19%), Cantillon Capital Management LLC (1.12%) and Janus Henderson Group PLC (0.88%). Company insiders that own Fastenal stock include Charles S Miller, Daniel L Johnson, Darren R Jackson, Gary A Polipnick, Holden Lewis, James C Jansen, Leland J Hein, Michael J Ancius, Michael John Dolan, Reyne K Wisecup, 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 Bank of New York Mellon Corp, TCW Group Inc., Victory Capital Management Inc., Wells Fargo & Company MN, Bank of America Corp DE, GW Henssler & Associates Ltd., River Road Asset Management LLC and United Services Automobile Association. Company insiders that have sold Fastenal company stock in the last year include Charles S Miller, Gary A Polipnick, James C Jansen, Leland J Hein, Terry Modock Owen 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 Cantillon Capital Management LLC, Morgan Stanley, USS Investment Management Ltd, Los Angeles Capital Management & Equity Research Inc., Bank of Montreal Can, Janus Henderson Group PLC, Millennium Management LLC and Canada Pension Plan Investment Board. Company insiders that have bought Fastenal stock in the last two years include 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 $59.51.

How big of a company is Fastenal?

Fastenal has a market capitalization of $16.56 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.

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:  265 (Vote Outperform)
Underperform Votes:  445 (Vote Underperform)
Total Votes:  710
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 8/19/2018 by MarketBeat.com Staff

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