NASDAQ:FASTFastenal Stock Price, Forecast & News

Fastenal's stock was trading at $32.93 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, FAST shares have decreased by 7.4% and is now trading at $30.48. View which stocks have been mosted impacted by Coronavirus.

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 Tuesday, April 14th 2020. View our earnings forecast for Fastenal.

Fastenal will be holding an earnings conference call on Tuesday, April 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 quarterly earnings results on Friday, January, 17th. The company reported $0.31 EPS for the quarter, hitting analysts' consensus estimates of $0.31. The firm earned $1.28 billion during the quarter, compared to analyst estimates of $1.29 billion. Fastenal had a return on equity of 31.16% and a net margin of 14.83%. Fastenal's quarterly revenue was up 3.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.60 EPS. View Fastenal's earnings history.

Fastenal announced a quarterly dividend on Thursday, January 16th. Stockholders of record on Friday, January 31st will be given a dividend of $0.25 per share on Friday, February 28th. This represents a $1.00 annualized dividend and a yield of 3.28%. The ex-dividend date is Thursday, January 30th. This is a positive change from Fastenal's previous quarterly dividend of $0.22. 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.

12 Wall Street analysts have issued 12 month price objectives for Fastenal's shares. Their forecasts range from $30.00 to $377.00. On average, they expect Fastenal's share price to reach $80.38 in the next year. This suggests a possible upside of 163.7% from the stock's current price. View analysts' price targets for Fastenal.

Media headlines about FAST stock have trended very negative this week, InfoTrie reports. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Fastenal earned a media sentiment score of -3.3 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news aboutFastenal.

Fastenal saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 26,647,800 shares, an increase of 9.8% from the February 27th total of 24,260,000 shares. Based on an average daily trading volume, of 7,527,500 shares, the days-to-cover ratio is currently 3.5 days. Currently, 4.7% of the shares of the stock 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), Aircastle (AYR), Air Lease (AL), GATX (GATX), Applied Industrial Technologies (AIT), Rush Enterprises (RUSHA), Kaman (KAMN), Beacon Roofing Supply (BECN), WESCO International (WCC), H&E Equipment Services (HEES), Textainer Group (TGH) and MRC Global (MRC).

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

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 First Financial Bank Trust Division (0.03%), Fulcrum Equity Management (0.00%), Cullinan Associates Inc. (0.00%) and Fulton Bank N.A. (0.00%). 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, 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 Fulcrum Equity Management, and Cullinan Associates Inc.. Company insiders that have sold Fastenal company stock in the last year include Charles S Miller, Daniel L Florness, John Lewis Soderberg, Leland J Hein, Nicholas J Lundquist, Sheryl Ann Lisowski, Terry Modock Owen, 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 First Financial Bank Trust Division, and Fulton Bank N.A.. 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 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 $30.48.

Fastenal has a market capitalization of $17.51 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. View additional information about Fastenal.

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]