Fastenal Stock Forecast, Price & News

Fastenal's stock was trading at $32.93 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, FAST shares have increased by 36.7% and is now trading at $45.00.
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12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fastenal in the last year. There are currently 1 sell rating, 7 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Fastenal.

Fastenal is scheduled to release its next quarterly earnings announcement on Friday, January 15th 2021.
View our earnings forecast for Fastenal.

Fastenal (NASDAQ:FAST) released its earnings results on Sunday, October, 18th. The company reported $0.38 EPS for the quarter, beating analysts' consensus estimates of $0.37 by $0.01. The company earned $1.41 billion during the quarter, compared to analyst estimates of $1.40 billion. Fastenal had a return on equity of 30.63% and a net margin of 15.12%. The company's revenue for the quarter was up 2.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.37 earnings per share.
View Fastenal's earnings history.

Fastenal declared a quarterly dividend on Monday, October 12th. Stockholders of record on Tuesday, October 27th will be paid a dividend of $0.25 per share on Tuesday, November 24th. This represents a $1.00 annualized dividend and a yield of 2.22%. The ex-dividend date is Monday, October 26th.
View Fastenal's dividend history.

Fastenal's stock split 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 closing bell 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.

12 analysts have issued twelve-month target prices for Fastenal's shares. Their forecasts range from $34.00 to $52.00. On average, they expect Fastenal's share price to reach $43.80 in the next year. This suggests that the stock has a possible downside of 2.7%.
View analysts' price targets for Fastenal.

Some companies that are related to Fastenal include W W Grainger (GWW), United Rentals (URI), Watsco (WSO), MSC Industrial Direct (MSM), Air Lease (AL), Beacon Roofing Supply (BECN), GATX (GATX), Applied Industrial Technologies (AIT), WESCO International (WCC), Rush Enterprises (RUSHA), Kaman (KAMN), Textainer Group (TGH), H&E Equipment Services (HEES), MRC Global (MRC) and Titan Machinery (TITN).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Fastenal investors own include Intel (INTC), Johnson & Johnson (JNJ), Micron Technology (MU), NVIDIA (NVDA), Bank of America (BAC), AbbVie (ABBV), Cisco Systems (CSCO), The Walt Disney (DIS), QUALCOMM (QCOM) and Target (TGT).

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

Fastenal's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Riverbridge Partners LLC (0.58%), Confluence Investment Management LLC (0.55%), Fenimore Asset Management Inc. (0.29%), Envestnet Asset Management Inc. (0.14%), Chicago Capital LLC (0.09%) and Mountain Pacific Investment Advisers Inc. ID (0.08%). Company insiders that own Fastenal stock include Charles S Miller, Daniel L Florness, Daniel L Johnson, Darren R Jackson, Hsenghung Sam Hsu, James C Jansen, Jeffery Michael Watts, John Lewis Soderberg, Leland J Hein, Michael J Ancius, Michael John Dolan, Nicholas J Lundquist, Rita J Heise, Sheryl Ann Lisowski, 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 Confluence Investment Management LLC, Assenagon Asset Management S.A., Standard Life Aberdeen plc, Pacer Advisors Inc., State of Alaska Department of Revenue, Retirement Systems of Alabama, Capital Investment Services of America Inc., and Chicago Capital LLC. Company insiders that have sold Fastenal company stock in the last year include Charles S Miller, Daniel L Florness, James C Jansen, Jeffery Michael Watts, John Lewis Soderberg, Leland J Hein, Michael John Dolan, Rita J Heise, Sheryl Ann Lisowski, Terry Modock Owen, Willard D Oberton, and William Joseph Drazkowski.
View insider buying and selling activity for Fastenal.

FAST stock was acquired by a variety of institutional investors in the last quarter, including Riverbridge Partners LLC, Candriam Luxembourg S.C.A., Cullinan Associates Inc., Oliver Luxxe Assets LLC, Envestnet Asset Management Inc., Darwin Advisors LLC, USA Financial Portformulas Corp, and Granite Investment Advisors LLC. Company insiders that have bought Fastenal stock in the last two years include Daniel L Johnson, Darren R Jackson, Hsenghung Sam Hsu, and Michael J Ancius.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

One share of FAST stock can currently be purchased for approximately $45.00.

Fastenal has a market capitalization of $25.83 billion and generates $5.33 billion in revenue each year. The company earns $790.90 million in net income (profit) each year or $1.38 on an earnings per share basis. Fastenal employs 21,948 workers across the globe.

The official website for Fastenal is 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]