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.
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Industry, Sector and Symbol
Industry Building materials, hardware, garden supply & mobile home dealers
Sub-IndustryTrading Companies & Distributors
SectorRetail/Wholesale
Phone507-454-5374
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$4.97 billion
Profitability
Miscellaneous
Employees21,644
Next Earnings Date10/9/2019 (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 Wednesday, July 10th. Shareholders of record on Thursday, July 25th will be paid a dividend of $0.22 per share on Thursday, August 22nd. This represents a $0.88 annualized dividend and a yield of 2.89%. The ex-dividend date of this dividend is Wednesday, July 24th. View Fastenal's Dividend History.
When did Fastenal's stock split? How did Fastenal's stock split work?
Shares of Fastenal split before market open on Wednesday, May 22nd 2019. The 2-1 split was announced on Thursday, April 18th 2019. The newly issued shares were distributed 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 were Fastenal's earnings last quarter?
Fastenal (NASDAQ:FAST) posted its earnings results on Thursday, July, 11th. The company reported $0.36 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.37 by $0.01. The firm had revenue of $1.37 billion for the quarter, compared to the consensus estimate of $1.38 billion. Fastenal had a return on equity of 32.27% and a net margin of 14.74%. The firm's revenue was up 7.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.37 EPS. View Fastenal's Earnings History.
When is Fastenal's next earnings date?
What price target have analysts set for FAST?
10 brokerages have issued 1-year target prices for Fastenal's shares. Their predictions range from $29.00 to $37.00. On average, they anticipate Fastenal's share price to reach $31.0833 in the next twelve months. This suggests a possible upside of 2.2% from the stock's current price. View Analyst Price Targets for Fastenal.
What is the consensus analysts' recommendation for Fastenal?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fastenal in the last year. There are currently 8 hold ratings, 1 buy rating and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Fastenal.
Has Fastenal been receiving favorable news coverage?
Press coverage about FAST stock has been trending negative recently, InfoTrie Sentiment reports. The research firm scores the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Fastenal earned a daily sentiment score of -2.3 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for Fastenal.
Are investors shorting Fastenal?
Fastenal saw a decrease in short interest during the month of July. As of July 31st, there was short interest totalling 37,996,000 shares, a decrease of 10.0% from the June 30th total of 42,207,700 shares. Based on an average daily trading volume, of 4,630,000 shares, the days-to-cover ratio is currently 8.2 days. Currently, 13.4% of the company's shares are short sold. View Fastenal's Current Options Chain.
Who are some of Fastenal's key competitors?
What other stocks do shareholders of Fastenal own?
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 a number of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (11.74%), BlackRock Inc. (7.58%), Bank of New York Mellon Corp (5.48%), Invesco Ltd. (2.40%), Bares Capital Management Inc. (1.51%) and Northern Trust Corp (1.32%). Company insiders that own Fastenal stock include Charles S Miller, Daniel L Florness, Daniel L Johnson, 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 Cullinan Associates Inc., Bamco Inc. NY, Townsquare Capital LLC, Summit Global Investments, CX Institutional, Green Square Asset Management LLC, Point72 Asset Management L.P. and Armstrong Henry H Associates Inc.. Company insiders that have sold Fastenal company stock in the last year include Daniel L Florness, John Lewis Soderberg, Leland J Hein, Michael John Dolan, Nicholas J Lundquist, Sheryl Ann Lisowski, Terry Modock Owen and Willard D Oberton. View Insider Buying and Selling for Fastenal.
Which major investors are buying Fastenal stock?
FAST stock was purchased by a variety of institutional investors in the last quarter, including Vanguard Group Inc., BlackRock Inc., Bank of New York Mellon Corp, Invesco Ltd., Bares Capital Management Inc., Northern Trust Corp, Cantillon Capital Management LLC and Nuveen Asset Management LLC. Company insiders that have bought Fastenal stock in the last two years include Daniel L Florness, Daniel L Johnson, 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 $30.40.
How big of a company is Fastenal?
Fastenal has a market capitalization of $17.43 billion and generates $4.97 billion in revenue each year. The company earns $751.90 million in net income (profit) each year or $1.32 on an earnings per share basis. Fastenal employs 21,644 workers across the globe.View Additional Information About Fastenal.
What is Fastenal's official website?
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)
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.
