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

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

Fastenal declared a quarterly dividend on Tuesday, October 9th. Investors of record on Wednesday, October 24th will be paid a dividend of $0.40 per share on Wednesday, November 21st. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.78%. The ex-dividend date is Tuesday, October 23rd. View Fastenal's Dividend History.

Fastenal declared that its board has initiated a stock buyback program on Wednesday, July 12th 2017, which permits the company to buyback 5,000,000 outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback programs are typically a sign that the company's leadership believes its shares are undervalued.

Fastenal (NASDAQ:FAST) released its earnings results on Wednesday, October, 10th. The company reported $0.69 EPS for the quarter, topping the consensus estimate of $0.67 by $0.02. The business had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.27 billion. Fastenal had a return on equity of 32.29% and a net margin of 15.25%. The company's revenue for the quarter was up 13.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.50 EPS. View Fastenal's Earnings History.

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

11 brokers have issued 12 month target prices for Fastenal's shares. Their predictions range from $49.00 to $62.00. On average, they anticipate Fastenal's share price to reach $55.4444 in the next twelve months. This suggests that the stock has a possible downside of 3.7%. View Analyst Price Targets for Fastenal.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fastenal in the last year. There are currently 2 sell ratings, 5 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Fastenal.

Media stories about FAST stock have been trending positive this week, InfoTrie Sentiment reports. The research group rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. 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 media sentiment score of 2.4 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 7.0 out of 10, meaning that recent press coverage is likely to have an impact on the company's share price in the near future.

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 many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.72%), Bank of New York Mellon Corp (5.13%), Route One Investment Company L.P. (2.73%), OppenheimerFunds Inc. (1.75%), Cantillon Capital Management LLC (1.04%) and DF Dent & Co. Inc. (0.84%). 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, Reyne K Wisecup, 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 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, Gary A Polipnick, James C Jansen, Leland J Hein, Terry Modock Owen and William Joseph Drazkowski. View Insider Buying and Selling for Fastenal.

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, Renaissance Technologies LLC, Assenagon Asset Management S.A., Sumitomo Mitsui Trust Holdings Inc., Bank of New York Mellon Corp and The Manufacturers Life Insurance Company . 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 $57.55.

Fastenal has a market capitalization of $15.70 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.

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]