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

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

Fastenal announced a quarterly dividend on Thursday, April 11th. Shareholders of record on Wednesday, April 24th will be given a dividend of $0.43 per share on Wednesday, May 22nd. This represents a $1.72 annualized dividend and a yield of 2.44%. The ex-dividend date is Tuesday, April 23rd. View Fastenal's Dividend History.

Fastenal declared that its board has initiated a stock repurchase plan on Wednesday, July 12th 2017, which allows the company to buyback 5,000,000 outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Stock buyback plans are usually an indication that the company's board of directors believes its shares are undervalued.

Fastenal (NASDAQ:FAST) posted its earnings results on Thursday, April, 11th. The company reported $0.68 earnings per share for the quarter, beating analysts' consensus estimates of $0.67 by $0.01. The company earned $1.31 billion during the quarter, compared to analysts' expectations of $1.30 billion. Fastenal had a net margin of 15.16% and a return on equity of 33.52%. During the same quarter in the previous year, the company earned $0.61 EPS. View Fastenal's Earnings History.

Fastenal is scheduled to release their next quarterly earnings announcement on Wednesday, July 10th 2019. View Earnings Estimates for Fastenal.

12 Wall Street analysts have issued twelve-month price objectives for Fastenal's stock. Their forecasts range from $50.00 to $78.00. On average, they anticipate Fastenal's share price to reach $61.2222 in the next twelve months. This suggests that the stock has a possible downside of 13.1%. View Analyst Price Targets for Fastenal.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fastenal in the last year. There are currently 10 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Fastenal.

News headlines about FAST stock have trended somewhat positive on Thursday, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Fastenal earned a news impact score of 1.5 on InfoTrie's scale. They also gave headlines about the company a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect 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).

Based on aggregate information from My MarketBeat watchlists, some companies that other Fastenal investors own include CA (CA), Intel (INTC), Micron Technology (MU), Johnson & Johnson (JNJ), Procter & Gamble (PG), Cisco Systems (CSCO), Starbucks (SBUX), QUALCOMM (QCOM), Caterpillar (CAT) and The Coca-Cola (KO).

Fastenal's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Confluence Investment Management LLC (0.63%), Riverbridge Partners LLC (0.56%), Investmentaktiengesellschaft Fuer Langfristige Investoren TGV (0.35%), Douglass Winthrop Advisors LLC (0.23%), Harvey Investment Co. LLC (0.12%) and Capital Investment Services of America Inc. (0.07%). 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, John Lewis Soderberg, Leland J Hein, Michael J Ancius, Michael John Dolan, Nicholas J Lundquist, Sheryl Ann Lisowski, Stephen L Eastman, Terry Modock Owen 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, Investmentaktiengesellschaft Fuer Langfristige Investoren TGV, Riverbridge Partners LLC, DAVENPORT & Co LLC, First Hawaiian Bank, Northstar Investment Advisors LLC, Harvey Investment Co. LLC and Loring Wolcott & Coolidge Fiduciary Advisors LLP MA. Company insiders that have sold Fastenal company stock in the last year include James C Jansen, John Lewis Soderberg, Leland J Hein, Michael John Dolan, Nicholas J Lundquist and Sheryl Ann Lisowski. View Insider Buying and Selling for Fastenal.

FAST stock was acquired by a variety of institutional investors in the last quarter, including Fenimore Asset Management Inc., Pacer Advisors Inc., CX Institutional, Manning & Napier Group LLC, Spectrum Asset Management Inc. NB CA, American National Bank, Mercer Global Advisors Inc. ADV and Carroll Financial Associates 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, 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 $70.47.

Fastenal has a market capitalization of $20.17 billion and generates $4.97 billion in revenue each year. The company earns $751.90 million in net income (profit) each year or $2.63 on an earnings per share basis. Fastenal employs 21,644 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]