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

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$52.97 -0.90 (-1.67 %)
(As of 12/18/2018 06:19 AM ET)
Previous Close$53.87
Today's Range$52.55 - $54.21
52-Week Range$47.37 - $61.14
Volume3.15 million shs
Average Volume2.83 million shs
Market Capitalization$15.46 billion
P/E Ratio27.45
Dividend Yield2.97%
Beta1.07
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, 2017, the company distributed its products through a network of 2,383 company owned stores. Fastenal Company was founded in 1967 and is headquartered in Winona, Minnesota.

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Industry, Sector and Symbol

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

Debt

Debt-to-Equity Ratio0.17
Current Ratio5.35
Quick Ratio2.48

Price-To-Earnings

Trailing P/E Ratio27.45
Forward P/E Ratio20.37
P/E Growth1.48

Sales & Book Value

Annual Sales$4.39 billion
Price / Sales3.46
Cash Flow$2.3304 per share
Price / Cash Flow22.73
Book Value$7.29 per share
Price / Book7.27

Profitability

EPS (Most Recent Fiscal Year)$1.93
Net Income$578.60 million
Net Margins15.25%
Return on Equity32.29%
Return on Assets23.25%

Miscellaneous

Employees20,565
Outstanding Shares287,060,000
Market Cap$15.46 billion
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 announced a quarterly dividend on Tuesday, October 9th. Stockholders 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 dividend yield of 3.02%. The ex-dividend date is Tuesday, October 23rd. View Fastenal's Dividend History.

How will Fastenal's stock buyback program work?

Fastenal declared that its board has authorized a stock repurchase program on Wednesday, July 12th 2017, which authorizes the company to repurchase 5,000,000 shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's management believes its shares are undervalued.

How were Fastenal's earnings last quarter?

Fastenal (NASDAQ:FAST) issued its quarterly earnings results 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 firm earned $1.28 billion during the quarter, compared to analyst estimates of $1.27 billion. Fastenal had a net margin of 15.25% and a return on equity of 32.29%. The business's revenue for the quarter was up 13.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.50 earnings per share. View Fastenal's Earnings History.

When is Fastenal's next earnings date?

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

What price target have analysts set for FAST?

12 Wall Street analysts have issued 12 month target prices for Fastenal's shares. Their forecasts range from $49.00 to $63.00. On average, they anticipate Fastenal's share price to reach $56.20 in the next year. This suggests a possible upside of 6.1% from the stock's current price. 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 2 sell ratings, 6 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Fastenal.

Has Fastenal been receiving favorable news coverage?

News headlines about FAST stock have been trending negative recently, according to InfoTrie. The research firm rates the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Fastenal earned a news sentiment score of -2.4 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 5.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the company's share price in the next several days.

Are investors shorting Fastenal?

Fastenal saw a increase in short interest during the month of November. As of November 30th, there was short interest totalling 24,757,758 shares, an increase of 4.7% from the November 15th total of 23,635,288 shares. Based on an average daily volume of 3,743,354 shares, the days-to-cover ratio is presently 6.6 days. Approximately 8.7% of the shares of the stock are sold short. View Fastenal's Current Options Chain.

Who are some of Fastenal's key competitors?

Who are Fastenal's key executives?

Fastenal's management team includes the folowing people:
  • Mr. Daniel L. Florness, Pres, CEO & Director (Age 55)
  • Mr. Holden Lewis, Exec. VP & CFO (Age 49)
  • Ms. Reyne K. Wisecup, Sr. EVP of HR & Director (Age 55)
  • Mr. Terry Modock Owen, Sr. Exec. VP of Sales Operations (Age 50)
  • Mr. Charles S. Miller, Exec. VP of Sales (Age 44)

Who are Fastenal's major shareholders?

Fastenal's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (11.31%), Vanguard Group Inc (11.31%), BlackRock Inc. (6.72%), Bank of New York Mellon Corp (5.13%), Route One Investment Company L.P. (2.73%) and OppenheimerFunds Inc. (1.75%). 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.

Which major investors are selling Fastenal stock?

FAST stock was sold by a variety of institutional investors in the last quarter, including OppenheimerFunds Inc., Mitsubishi UFJ Trust & Banking Corp, Select Equity Group L.P., Baird Financial Group Inc., First Trust Advisors LP, Grand Jean Capital Management Inc., Cantillon Capital Management LLC and Envestnet Asset Management Inc.. 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.

Which major investors are buying Fastenal stock?

FAST stock was acquired by a variety of institutional investors in the last quarter, including MERIAN GLOBAL INVESTORS UK Ltd, Alliancebernstein L.P., Park Presidio Capital LLC, Vanguard Group Inc, Vanguard Group Inc., Renaissance Technologies LLC, Assenagon Asset Management S.A. and Sumitomo Mitsui Trust Holdings Inc.. 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 $52.97.

How big of a company is Fastenal?

Fastenal has a market capitalization of $15.46 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.

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:  289 (Vote Outperform)
Underperform Votes:  471 (Vote Underperform)
Total Votes:  760
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 12/18/2018 by MarketBeat.com Staff

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