Log in

NASDAQ:FASTFastenal Stock Price, Forecast & News

$47.39
-0.54 (-1.13 %)
(As of 08/12/2020 04:00 PM ET)
Add
Compare
Today's Range
$47.25
Now: $47.39
$48.37
50-Day Range
$40.99
MA: $44.79
$48.45
52-Week Range
$26.72
Now: $47.39
$48.59
Volume4.37 million shs
Average Volume4.90 million shs
Market Capitalization$27.18 billion
P/E Ratio32.68
Dividend Yield2.11%
Beta1.22
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, 2018, the company distributed its products through a network of 2,227 company owned stores. Fastenal Company was founded in 1967 and is headquartered in Winona, Minnesota.
Read More
Fastenal logo

Beat the Market (BTM) Rank

Analyst Opinion: 2.1Community Rank: 2.0Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.77 out of 5 stars


Industry, Sector and Symbol

Industry Building materials, hardware, garden supply & mobile home dealers
Sub-IndustryTrading Companies & Distributors
Current SymbolNASDAQ:FAST
CUSIP31190010
Phone507-454-5374

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$5.33 billion
Cash Flow$1.60 per share
Book Value$4.64 per share

Profitability

Net Income$790.90 million

Miscellaneous

Employees21,948
Market Cap$27.18 billion
Next Earnings Date10/9/2020 (Estimated)
OptionableOptionable
$47.39
-0.54 (-1.13 %)
(As of 08/12/2020 04:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive FAST News and Ratings via Email

Sign-up to receive the latest news and ratings for FAST and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles











Fastenal (NASDAQ:FAST) Frequently Asked Questions

How has Fastenal's stock been impacted by COVID-19?

Fastenal's stock was trading at $32.93 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, FAST stock has increased by 43.9% and is now trading at $47.39.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Fastenal?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fastenal in the last year. There are currently 1 sell rating, 8 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Fastenal
.

When is Fastenal's next earnings date?

Fastenal is scheduled to release its next quarterly earnings announcement on Friday, October 9th 2020.
View our earnings forecast for Fastenal
.

How were Fastenal's earnings last quarter?

Fastenal (NASDAQ:FAST) announced its quarterly earnings results on Tuesday, July, 14th. The company reported $0.42 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.36 by $0.06. The firm earned $1.51 billion during the quarter, compared to analysts' expectations of $1.47 billion. Fastenal had a net margin of 15.07% and a return on equity of 31.19%. The company's quarterly revenue was up 10.3% on a year-over-year basis. During the same period last year, the business earned $0.36 EPS.
View Fastenal's earnings history
.

How often does Fastenal pay dividends? What is the dividend yield for Fastenal?

Fastenal declared a quarterly dividend on Monday, July 13th. Shareholders of record on Tuesday, July 28th will be given a dividend of $0.25 per share on Tuesday, August 25th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.11%. The ex-dividend date is Monday, July 27th.
View Fastenal's dividend history
.

When did Fastenal's stock split? How did Fastenal's stock split work?

Shares of Fastenal split before market open on Wednesday, May 22nd 2019. The 2-1 split was announced on Thursday, April 18th 2019. The newly created 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.

What price target have analysts set for FAST?

13 equities research analysts have issued 12 month price objectives for Fastenal's shares. Their forecasts range from $34.00 to $51.00. On average, they anticipate Fastenal's stock price to reach $42.33 in the next year. This suggests that the stock has a possible downside of 10.7%.
View analysts' price targets for Fastenal
.

Has Fastenal been receiving favorable news coverage?

News articles about FAST stock have trended extremely negative this week, according to InfoTrie. The research firm identifies negative and positive press coverage by reviewing 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 closest to five being the most favorable. Fastenal earned a news sentiment score of -4.1 on InfoTrie's scale. They also gave news articles about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the near term.
View the latest news about Fastenal
.

Who are some of Fastenal's key competitors?

What other stocks do shareholders of Fastenal own?

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

Who are Fastenal's key executives?

Fastenal's management team includes the following people:
  • Mr. Daniel L. Florness, Pres, CEO & Director (Age 56)
  • Mr. Holden Lewis, Exec. VP & CFO (Age 50)
  • Ms. Reyne K. Wisecup, Sr. EVP of HR & Director (Age 56)
  • Mr. Terry Modock Owen, Sr. Exec. VP of Sales Operations (Age 51)
  • Mr. Jeffery M. Watts, Exec. VP of International Sales (Age 47)

What is Fastenal's stock symbol?

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

Who are Fastenal's major shareholders?

Fastenal's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Bank of New York Mellon Corp (5.46%), Principal Financial Group Inc. (1.54%), Cantillon Capital Management LLC (1.09%), Ensign Peak Advisors Inc (1.04%), Goldman Sachs Group Inc. (0.72%) and Sumitomo Mitsui Trust Holdings Inc. (0.68%). Company insiders that own Fastenal stock include Charles S Miller, Daniel L Florness, Daniel L Johnson, Darren R Jackson, Holden Lewis, James C Jansen, 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
.

Which institutional investors are selling Fastenal stock?

FAST stock was sold by a variety of institutional investors in the last quarter, including Ensign Peak Advisors Inc, Mcdonald Capital Investors Inc. CA, Principal Financial Group Inc., Schwartz Investment Counsel Inc., Raymond James & Associates, Bank of Nova Scotia, Quantum Capital Management LLC NJ, and Confluence Investment Management LLC. Company insiders that have sold Fastenal company stock in the last year include Charles S Miller, Daniel L Florness, James C Jansen, Leland J Hein, Michael John Dolan, Sheryl Ann Lisowski, Willard D Oberton, and William Joseph Drazkowski.
View insider buying and selling activity for Fastenal
.

Which institutional investors are buying Fastenal stock?

FAST stock was purchased by a variety of institutional investors in the last quarter, including Sumitomo Mitsui Trust Holdings Inc., MERIAN GLOBAL INVESTORS UK Ltd, GWM Advisors LLC, Bank of New York Mellon Corp, Robeco Institutional Asset Management B.V., BNP PARIBAS ASSET MANAGEMENT Holding S.A., Railway Pension Investments Ltd, and Victory Capital Management 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, Terry Modock Owen, and William Joseph Drazkowski.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Fastenal's stock price today?

One share of FAST stock can currently be purchased for approximately $47.39.

How big of a company is Fastenal?

Fastenal has a market capitalization of $27.18 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.

What is Fastenal's official website?

The official website for Fastenal is 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]

This page was last updated on 8/13/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.