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. Investors 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 annualized dividend and a dividend yield of 2.90%. The ex-dividend date of this dividend is Wednesday, January 30th. This is a boost from Fastenal's previous quarterly dividend of $0.40. View Fastenal's Dividend History.

Fastenal announced that its board has authorized a stock buyback plan 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 reacquire shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's management believes its shares are 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 Zacks' consensus estimate of $0.60. The firm had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.22 billion. Fastenal had a return on equity of 33.48% and a net margin of 15.14%. Fastenal's revenue was up 13.1% on a year-over-year basis. During the same period in the previous year, the company 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 equities research analysts have issued 12 month price objectives for Fastenal's shares. Their predictions range from $49.00 to $63.00. On average, they expect Fastenal's stock price to reach $56.0909 in the next twelve months. This suggests that the stock has a possible downside of 5.5%. 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.

Media headlines about FAST stock have trended neutral this week, InfoTrie Sentiment reports. The research firm identifies positive and negative media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Fastenal earned a news sentiment score of 0.1 on InfoTrie's scale. They also gave news stories about the company a news buzz of 4.0 out of 10, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near future.

Fastenal saw a drop in short interest in the month of December. As of December 14th, there was short interest totalling 22,546,579 shares, a drop of 8.9% from the November 30th total of 24,757,758 shares. Based on an average trading volume of 2,735,529 shares, the short-interest ratio is presently 8.2 days. Currently, 7.9% of the company's 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 retail and institutional investors. Top institutional shareholders include Confluence Investment Management LLC (0.82%), Riverbridge Partners LLC (0.58%), Clarkston Capital Partners LLC (0.37%), Alta Capital Management LLC (0.25%), Douglass Winthrop Advisors LLC (0.23%) and USS Investment Management Ltd (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, 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 USS Investment Management Ltd, Riverbridge Partners LLC, Gulf International Bank UK Ltd, Confluence Investment Management LLC, Northstar Investment Advisors LLC, Douglass Winthrop Advisors LLC, Alta Capital Management LLC and Boyd Watterson Asset Management LLC OH. 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 bought by a variety of institutional investors in the last quarter, including Pensionfund DSM Netherlands, Virtu Financial LLC, Pensionfund Sabic, Livingston Group Asset Management CO operating as Southport Capital Management, DNB Asset Management AS, New England Research & Management Inc., Legacy Capital Partners Inc. and YHB Investment Advisors 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.

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 $59.35.

Fastenal has a market capitalization of $17.04 billion and generates $4.97 billion in revenue each year. The company earns $578.60 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]