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

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

Fastenal declared a quarterly dividend on Tuesday, October 9th. Shareholders of record on Wednesday, October 24th will be given a dividend of $0.40 per share on Wednesday, November 21st. This represents a $1.60 annualized dividend and a yield of 3.07%. The ex-dividend date of this dividend is Tuesday, October 23rd. View Fastenal's Dividend History.

Fastenal declared that its Board of Directors has initiated a stock buyback program on Wednesday, July 12th 2017, which permits the company to buyback 5,000,000 shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback programs are often a sign that the company's board believes its stock is undervalued.

Fastenal (NASDAQ:FAST) issued its quarterly earnings data on Wednesday, October, 10th. The company reported $0.69 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.67 by $0.02. The company earned $1.28 billion during the quarter, compared to the consensus estimate of $1.27 billion. Fastenal had a return on equity of 32.29% and a net margin of 15.25%. Fastenal's quarterly revenue was up 13.0% on a year-over-year basis. During the same quarter last year, the company earned $0.50 EPS. View Fastenal's Earnings History.

Fastenal is scheduled to release their next quarterly earnings announcement on Wednesday, January 16th 2019. View Earnings Estimates for Fastenal.

10 brokerages have issued 12 month price objectives for Fastenal's shares. Their forecasts range from $49.00 to $62.00. On average, they expect Fastenal's share price to reach $56.1250 in the next twelve months. This suggests a possible upside of 7.8% from the stock's current price. View Analyst Price Targets for Fastenal.

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

Some companies that are related to Fastenal include Sherwin-Williams (SHW), Ferguson (FERGD), Ferguson (FERGY), Tractor Supply (TSCO), TITAN Cem Co S/ADR (TITCY), GrowGeneration (GRWG) and AeroGrow International (AERO).

Fastenal's stock is owned by many different of retail and institutional investors. Top institutional investors include Riverbridge Partners LLC (0.60%), MERIAN GLOBAL INVESTORS UK Ltd (0.49%), Clarkston Capital Partners LLC (0.37%), Alta Capital Management LLC (0.26%), Douglass Winthrop Advisors LLC (0.24%) and Bank of Montreal Can (0.17%). 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, 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 Riverbridge Partners LLC, Iberiabank Corp, Cornerstone Wealth Management LLC, Clarkston Capital Partners LLC, Covenant Multifamily Offices LLC, Nisa Investment Advisors LLC, Capital Investment Services of America Inc. and DAVENPORT & Co LLC. 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.

FAST stock was bought by a variety of institutional investors in the last quarter, including MERIAN GLOBAL INVESTORS UK Ltd, Bank of Montreal Can, Mizuho Securities USA LLC, State of Alaska Department of Revenue, First Hawaiian Bank, Alta Capital Management LLC, Highland Capital Management LLC and Aperio 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.

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 $52.07.

Fastenal has a market capitalization of $15.11 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.

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]