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. Shareholders of record on Thursday, January 31st will be given a dividend of $0.43 per share on Wednesday, February 27th. This represents a $1.72 dividend on an annualized basis and a yield of 2.93%. The ex-dividend date of this dividend is Wednesday, January 30th. This is an increase from Fastenal's previous quarterly dividend of $0.40. View Fastenal's Dividend History.

Fastenal announced that its Board of Directors has authorized a share repurchase program on Wednesday, July 12th 2017, which permits the company to repurchase 5,000,000 shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's board believes its stock is undervalued.

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

14 analysts have issued 12-month price objectives for Fastenal's stock. Their forecasts range from $49.00 to $63.00. On average, they expect Fastenal's share price to reach $56.0909 in the next year. This suggests that the stock has a possible downside of 4.6%. View Analyst Price Targets for Fastenal.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fastenal in the last year. There are currently 1 sell rating, 9 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Fastenal.

News headlines about FAST stock have been trending negative on Wednesday, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Fastenal earned a coverage optimism score of -2.1 on InfoTrie's scale. They also gave news stories about the company a news buzz of 6.0 out of 10, indicating that recent news coverage is somewhat likely to have an impact on the stock's share price in the next several days.

Fastenal saw a decrease in short interest in December. As of December 14th, there was short interest totalling 22,546,579 shares, a decrease of 8.9% from the November 30th total of 24,757,758 shares. Based on an average daily volume of 2,735,529 shares, the short-interest ratio is presently 8.2 days. Currently, 7.9% of the shares of the stock are short sold. 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).

Fastenal's stock is owned by a number of of institutional and retail investors. Top institutional investors include Confluence Investment Management LLC (0.82%), Riverbridge Partners LLC (0.58%), Investmentaktiengesellschaft Fuer Langfristige Investoren TGV (0.38%), Clarkston Capital Partners LLC (0.37%), Alta Capital Management LLC (0.25%) and Douglass Winthrop Advisors LLC (0.23%). 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, 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 Bank of Montreal Can, Assenagon Asset Management S.A., USS Investment Management Ltd, Riverbridge Partners LLC, Gulf International Bank UK Ltd, Confluence Investment Management LLC, Northstar Investment Advisors LLC and Douglass Winthrop Advisors LLC. Company insiders that have sold Fastenal company stock in the last year include Charles S Miller, James C Jansen, Michael John Dolan and William Joseph Drazkowski. View Insider Buying and Selling for Fastenal.

FAST stock was purchased by a variety of institutional investors in the last quarter, including Investmentaktiengesellschaft Fuer Langfristige Investoren TGV, Pensionfund DSM Netherlands, Virtu Financial LLC, Pensionfund Sabic, Diversified Investment Strategies LLC, Livingston Group Asset Management CO operating as Southport Capital Management, Alethea Capital Management LLC and DNB Asset Management AS. 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 $58.80.

Fastenal has a market capitalization of $16.88 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 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]