NASDAQ:FAST - Fastenal Stock Price, Price Target & More

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

Fastenal announced a quarterly dividend on Tuesday, July 10th. Investors of record on Wednesday, July 25th will be given a dividend of $0.40 per share on Wednesday, August 22nd. This represents a $1.60 annualized dividend and a yield of 2.90%. The ex-dividend date of this dividend is Tuesday, July 24th. This is a boost from Fastenal's previous quarterly dividend of $0.37. View Fastenal's Dividend History.

Fastenal declared that its Board of Directors has approved a stock buyback plan on Wednesday, July 12th 2017, which authorizes the company to repurchase 5,000,000 outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares repurchase plans are usually an indication that the company's management believes its stock is undervalued.

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

Fastenal is scheduled to release their next quarterly earnings announcement on Wednesday, October, 10th 2018. View Earnings Estimates for Fastenal.

11 Wall Street analysts have issued 12 month price objectives for Fastenal's stock. Their forecasts range from $46.00 to $61.00. On average, they anticipate Fastenal's stock price to reach $54.80 in the next year. This suggests that the stock has a possible downside of 0.8%. View Analyst Ratings 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."

Fastenal saw a increase in short interest in the month of June. As of June 29th, there was short interest totalling 24,476,073 shares, an increase of 5.4% from the June 15th total of 23,231,854 shares. Based on an average daily trading volume, of 2,511,178 shares, the short-interest ratio is currently 9.7 days. Approximately 8.6% of the shares of the company are short sold. View Fastenal's Current Options Chain.

Some companies that are related to Fastenal include Sherwin-Williams (SHW), Ferguson (FERGD), Ferguson (FERGY), Tractor Supply (TSCO), Titan Cement (TITCY), GrowGeneration (GRWG) and AeroGrow International (AERO).

News stories about FAST stock have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Fastenal earned a daily sentiment score of 0.20 on Accern's scale. They also gave news headlines about the company an impact score of 46.13 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.

Fastenal's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Confluence Investment Management LLC (0.86%), Riverbridge Partners LLC (0.61%), Bellecapital International Ltd. (0.04%), Cullinan Associates Inc. (0.04%), Fjarde AP Fonden Fourth Swedish National Pension Fund (0.03%) and Manning & Napier Group LLC (0.03%). 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.

FAST stock was sold by a variety of institutional investors in the last quarter, including Ledyard National Bank, Riverbridge Partners LLC, Cullinan Associates Inc., Manning & Napier Group LLC, Fjarde AP Fonden Fourth Swedish National Pension Fund, Financial & Investment Management Group Ltd., YHB Investment Advisors Inc. and CENTRAL TRUST Co. 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, Michael John Dolan, Terry Modock Owen and William Joseph Drazkowski. View Insider Buying and Selling for Fastenal.

FAST stock was bought by a variety of institutional investors in the last quarter, including Confluence Investment Management LLC, First Financial Bank Trust Division, DnB Asset Management AS, Bright Rock Capital Management LLC, Clinton Group Inc., Bellecapital International Ltd., Gateway Investment Advisers LLC and Curbstone Financial Management Corp. 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.

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 $55.24.

Fastenal has a market capitalization of $15.89 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.

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]