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

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$70.96 -0.39 (-0.55 %)
(As of 04/26/2019 01:57 AM ET)
Previous Close$71.35
Today's Range$69.93 - $71.31
52-Week Range$47.37 - $71.88
Volume1.77 million shs
Average Volume2.38 million shs
Market Capitalization$20.32 billion
P/E Ratio26.98
Dividend Yield2.41%
Beta1.17
Fastenal 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, 2018, the company distributed its products through a network of 2,227 company owned stores. Fastenal Company was founded in 1967 and is headquartered in Winona, Minnesota.

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Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$4.97 billion
Cash Flow$3.1164 per share
Book Value$8.37 per share

Profitability

Net Income$751.90 million

Miscellaneous

Employees21,644
Market Cap$20.32 billion
Next Earnings Date7/10/2019 (Estimated)
OptionableOptionable

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 declared a quarterly dividend on Thursday, April 11th. Stockholders of record on Wednesday, April 24th will be paid a dividend of $0.43 per share on Wednesday, May 22nd. This represents a $1.72 annualized dividend and a dividend yield of 2.42%. The ex-dividend date of this dividend is Tuesday, April 23rd. 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 minted shares will be payable to shareholders after the market closes 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.

How will Fastenal's stock buyback program work?

Fastenal announced that its Board of Directors has authorized a stock 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. Shares buyback plans are typically 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 results on Thursday, April, 11th. The company reported $0.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.67 by $0.01. The business earned $1.31 billion during the quarter, compared to analyst estimates of $1.30 billion. Fastenal had a net margin of 15.16% and a return on equity of 33.52%. During the same period in the prior year, the business posted $0.61 EPS. View Fastenal's Earnings History.

When is Fastenal's next earnings date?

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

What price target have analysts set for FAST?

12 brokers have issued 1-year price objectives for Fastenal's shares. Their forecasts range from $50.00 to $78.00. On average, they expect Fastenal's share price to reach $61.2222 in the next year. This suggests that the stock has a possible downside of 13.7%. View Analyst Price Targets for Fastenal.

What is the consensus analysts' recommendation for Fastenal?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fastenal in the last year. There are currently 10 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Fastenal.

Has Fastenal been receiving favorable news coverage?

Media coverage about FAST stock has trended somewhat positive this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Fastenal earned a coverage optimism score of 1.8 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 6.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the stock's share price in the next several days.

Who are some of Fastenal's key competitors?

What other stocks do shareholders of Fastenal own?

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), Procter & Gamble (PG), Cisco Systems (CSCO), Starbucks (SBUX), Caterpillar (CAT), QUALCOMM (QCOM) and The Coca-Cola (KO).

Who are Fastenal's key executives?

Fastenal's management team includes the folowing people:
  • Mr. Daniel L. Florness, Pres, CEO & Director (Age 56)
  • Mr. Holden Lewis, Exec. VP & CFO (Age 50)
  • Ms. Reyne K. Wisecup, Sr. EVP of HR & Director (Age 56)
  • Mr. Terry Modock Owen, Sr. Exec. VP of Sales Operations (Age 51)
  • Mr. Jeffery M. Watts, Exec. VP of International Sales (Age 47)

Who are Fastenal's major shareholders?

Fastenal's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Confluence Investment Management LLC (0.63%), Riverbridge Partners LLC (0.56%), Clarkston Capital Partners LLC (0.37%), Investmentaktiengesellschaft Fuer Langfristige Investoren TGV (0.35%), Douglass Winthrop Advisors LLC (0.23%) and Chicago Capital LLC (0.13%). 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.

Which major investors are selling Fastenal stock?

FAST stock was sold by a variety of institutional investors in the last quarter, including Alta Capital Management LLC, Confluence Investment Management LLC, Investmentaktiengesellschaft Fuer Langfristige Investoren TGV, Riverbridge Partners LLC, Brinker Capital Inc., Capital Management Corp VA, Bellecapital International Ltd. and Eqis Capital Management Inc.. Company insiders that have sold Fastenal company stock in the last year include Daniel L Florness, James C Jansen, John Lewis Soderberg, Leland J Hein, Michael John Dolan, Nicholas J Lundquist, Sheryl Ann Lisowski and Willard D Oberton. View Insider Buying and Selling for Fastenal.

Which major investors are buying Fastenal stock?

FAST stock was acquired by a variety of institutional investors in the last quarter, including Fenimore Asset Management Inc., Strategic Financial Services Inc, Pacer Advisors Inc., CX Institutional, Los Angeles Capital Management & Equity Research Inc., BNP Paribas Arbitrage SA, Mercer Global Advisors Inc. ADV and Manning & Napier Group LLC. 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.

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 $70.96.

How big of a company is Fastenal?

Fastenal has a market capitalization of $20.32 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.

What is Fastenal's official website?

The official website for Fastenal is http://www.fastenal.com.

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:  308 (Vote Outperform)
Underperform Votes:  498 (Vote Underperform)
Total Votes:  806
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 4/26/2019 by MarketBeat.com Staff

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