NASDAQ:FASTFastenal Stock Price, Forecast & News

Fastenal's stock was trading at $32.93 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, FAST stock has increased by 30.9% and is now trading at $43.10. View which stocks have been most impacted by Coronavirus.

13 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 5 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 Tuesday, July 14th 2020. View our earnings forecast for Fastenal.

Fastenal will be holding an earnings conference call on Tuesday, July 14th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Fastenal (NASDAQ:FAST) issued its earnings results on Tuesday, April, 14th. The company reported $0.35 earnings per share for the quarter, beating analysts' consensus estimates of $0.34 by $0.01. The firm earned $1.37 billion during the quarter, compared to the consensus estimate of $1.36 billion. Fastenal had a net margin of 14.83% and a return on equity of 30.71%. The company's quarterly revenue was up 4.4% compared to the same quarter last year. During the same period last year, the company posted $0.34 earnings per share. View Fastenal's earnings history.

Fastenal announced a quarterly dividend on Monday, April 13th. Shareholders of record on Tuesday, April 28th will be given a dividend of $0.25 per share on Tuesday, May 26th. This represents a $1.00 annualized dividend and a yield of 2.32%. The ex-dividend date is Monday, April 27th. View Fastenal's dividend history.

Fastenal shares split before market open on Wednesday, May 22nd 2019. The 2-1 split was announced on Thursday, April 18th 2019. The newly minted shares were payable 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.

13 equities research analysts have issued twelve-month target prices for Fastenal's stock. Their forecasts range from $34.00 to $377.00. On average, they expect Fastenal's share price to reach $73.80 in the next year. This suggests a possible upside of 71.2% from the stock's current price. View analysts' price targets for Fastenal.

News headlines about FAST stock have been trending somewhat negative on Thursday, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Fastenal earned a news sentiment score of -1.6 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the next several days. View the latest news about Fastenal.

Fastenal saw a decrease in short interest in the month of June. As of June 30th, there was short interest totaling 19,210,000 shares, a decrease of 9.5% from the June 15th total of 21,220,000 shares. Based on an average daily volume of 4,700,000 shares, the days-to-cover ratio is presently 4.1 days. Currently, 3.4% of the company's shares are sold short. View Fastenal's Current Options Chain.

Some companies that are related to Fastenal include W W Grainger (GWW), United Rentals (URI), Watsco (WSO), MSC Industrial Direct (MSM), Air Lease (AL), Applied Industrial Technologies (AIT), GATX (GATX), Beacon Roofing Supply (BECN), Rush Enterprises (RUSHA), WESCO International (WCC), Kaman (KAMN), H&E Equipment Services (HEES), Textainer Group (TGH), MRC Global (MRC) and DXP Enterprises (DXPE). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Fastenal investors own include Intel (INTC), Starbucks (SBUX), Walt Disney (DIS), Micron Technology (MU), AT&T (T), NVIDIA (NVDA), QUALCOMM (QCOM), AbbVie (ABBV), Bank of America (BAC) and Target (TGT).

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

Fastenal's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Confluence Investment Management LLC (0.60%), Riverbridge Partners LLC (0.55%), Envestnet Asset Management Inc. (0.13%), Mountain Pacific Investment Advisers Inc. ID (0.08%), State of Alaska Department of Revenue (0.03%) and First Financial Bank Trust Division (0.03%). Company insiders that own Fastenal stock include Charles S Miller, Daniel L Florness, Daniel L Johnson, Darren R Jackson, Holden Lewis, John Lewis Soderberg, Leland J Hein, Michael J Ancius, Michael John Dolan, Nicholas J Lundquist, 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, State of Alaska Department of Revenue, M&R Capital Management Inc., OmniStar Financial Group Inc., UNIVEST FINANCIAL Corp, Oak Asset Management LLC, and Park National Corp OH. Company insiders that have sold Fastenal company stock in the last year include Charles S Miller, Daniel L Florness, Leland J Hein, Michael John Dolan, Sheryl Ann Lisowski, Willard D Oberton, and William Joseph Drazkowski. View insider buying and selling activity for Fastenal.

FAST stock was purchased by a variety of institutional investors in the last quarter, including Riverbridge Partners LLC, Envestnet Asset Management Inc., Mountain Pacific Investment Advisers Inc. ID, First Financial Bank Trust Division, Fulton Bank N. A., Bath Savings Trust Co, DNB Asset Management AS, and Founders Capital Management 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, Terry Modock Owen, and William Joseph Drazkowski. 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 $43.10.

Fastenal has a market capitalization of $24.69 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]