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

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

Fastenal declared a quarterly dividend on Wednesday, January 16th. Stockholders of record on Thursday, January 31st will be paid a dividend of $0.43 per share on Wednesday, February 27th. This represents a $1.72 annualized dividend and a dividend yield of 2.78%. The ex-dividend date of this dividend is Wednesday, January 30th. This is a boost from Fastenal's previous quarterly dividend of $0.40. View Fastenal's Dividend History.

Fastenal declared that its Board of Directors has initiated a share buyback program 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 buy shares of its stock through open market purchases. Shares repurchase programs are typically a sign that the company's board of directors believes its shares are undervalued.

Fastenal (NASDAQ:FAST) issued its earnings results on Thursday, January, 17th. The company reported $0.60 EPS for the quarter, hitting the Thomson Reuters' consensus estimate of $0.60. The company earned $1.23 billion during the quarter, compared to the consensus estimate of $1.22 billion. Fastenal had a net margin of 15.14% and a return on equity of 33.48%. The company's revenue for the quarter was up 13.1% compared to the same quarter last year. During the same period in the prior 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.

13 equities research analysts have issued 1 year price objectives for Fastenal's shares. Their forecasts range from $50.00 to $63.00. On average, they anticipate Fastenal's stock price to reach $56.7778 in the next year. This suggests that the stock has a possible downside of 8.3%. View Analyst Price Targets for Fastenal.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fastenal in the last year. There are currently 9 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Fastenal.

Press coverage about FAST stock has trended somewhat negative on Monday, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Fastenal earned a coverage optimism score of -1.1 on InfoTrie's scale. They also gave news articles about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the near term.

Fastenal saw a decrease in short interest in the month of February. As of February 15th, there was short interest totalling 23,705,393 shares, a decrease of 9.7% from the January 31st total of 26,261,976 shares. Based on an average daily trading volume, of 2,357,320 shares, the short-interest ratio is presently 10.1 days. Approximately 8.4% of the company's shares 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), BlackRock (BLK), Verizon Communications (VZ) and Cisco Systems (CSCO).

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 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 and Sheryl Ann Lisowski. View Insider Buying and Selling for Fastenal.

FAST stock was bought by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, London Co. of Virginia, Norges Bank, Pendal Group Ltd, Bank of New York Mellon Corp, BlackRock Inc., Nordea Investment Management AB and First Trust Advisors LP. 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 $61.90.

Fastenal has a market capitalization of $17.71 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]