Skip to main content
NASDAQ:FAST

Fastenal Stock Forecast, Price & News

$53.67
-0.23 (-0.43 %)
(As of 05/17/2021 12:00 AM ET)
Add
Compare
Today's Range
$53.21
$54.02
50-Day Range
$49.93
$54.18
52-Week Range
$38.50
$54.32
Volume1.82 million shs
Average Volume3.42 million shs
Market Capitalization$30.83 billion
P/E Ratio36.76
Dividend Yield2.08%
Beta1.21
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 Fastenal and its competitors with MarketBeat's FREE daily newsletter.


Fastenal logo

About Fastenal

Fastenal Company, together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, Mexico, North America, and internationally. It offers fasteners, and related industrial and construction supplies under the Fastenal name. The company's fastener products include threaded fasteners, 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 pins, 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. The company distributes its products through a network of 3,268 in-market locations and 16 distribution centers. Fastenal Company was founded in 1967 and is headquartered in Winona, Minnesota.

Headlines

See More Headlines

Industry, Sector and Symbol

Industry Building materials, hardware, garden supply & mobile home dealers
Sub-IndustryTrading Companies & Distributors
Current SymbolNASDAQ:FAST
CUSIP31190010
Phone507-454-5374
Employees17,836
Year Founded1967

Sales & Book Value

Annual Sales$5.33 billion
Cash Flow$1.73 per share
Book Value$4.64 per share

Profitability

Net Income$790.90 million

Debt

Price-To-Earnings

Miscellaneous

Market Cap$30.83 billion
Next Earnings Date7/13/2021 (Confirmed)
OptionableOptionable

Social Links


MarketRank

Overall MarketRank

1.41 out of 5 stars

Retail/Wholesale Sector

122nd out of 379 stocks

Building Materials, Hardware, Garden Supply & Mobile Home Dealers Industry

5th out of 9 stocks

Analyst Opinion: 1.1Community Rank: 2.0Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -
speech bubbles
speech bubbles











Fastenal (NASDAQ:FAST) Frequently Asked Questions

Is Fastenal a buy right now?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fastenal in the last twelve months. There are currently 1 sell rating, 6 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Fastenal stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FAST, but not buy additional shares or sell existing shares.
View analyst ratings for Fastenal
or view top-rated stocks.

What stocks does MarketBeat like better than Fastenal?

Wall Street analysts have given Fastenal a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Fastenal wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Fastenal's next earnings date?

Fastenal is scheduled to release its next quarterly earnings announcement on Tuesday, July 13th 2021.
View our earnings forecast for Fastenal
.

How were Fastenal's earnings last quarter?

Fastenal (NASDAQ:FAST) posted its earnings results on Monday, April, 12th. The company reported $0.37 earnings per share for the quarter, hitting the Zacks' consensus estimate of $0.37. The company had revenue of $1.42 billion for the quarter, compared to the consensus estimate of $1.43 billion. Fastenal had a net margin of 15.12% and a trailing twelve-month return on equity of 30.63%. The company's revenue for the quarter was up 3.7% on a year-over-year basis. During the same period last year, the business earned $0.35 earnings per share.
View Fastenal's earnings history
.

How has Fastenal's stock price been impacted by Coronavirus?

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 increased by 63.0% and is now trading at $53.67.
View which stocks have been most impacted by COVID-19
.

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

Fastenal declared a quarterly dividend on Monday, April 12th. Stockholders of record on Monday, April 26th will be paid a dividend of $0.28 per share on Tuesday, May 25th. This represents a $1.12 annualized dividend and a dividend yield of 2.09%. The ex-dividend date of this dividend is Friday, April 23rd.
View Fastenal's dividend history
.

Is Fastenal a good dividend stock?

Fastenal pays an annual dividend of $1.12 per share and currently has a dividend yield of 2.08%. Fastenal does not yet have a strock track record of dividend growth. The dividend payout ratio of Fastenal is 81.16%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Fastenal will have a dividend payout ratio of 73.20% next year. This indicates that Fastenal will be able to sustain or increase its dividend.
View Fastenal's dividend history.

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

Fastenal shares split on Wednesday, May 22nd 2019. The 2-1 split was announced on Thursday, April 18th 2019. The newly issued 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.

What price target have analysts set for FAST?

10 Wall Street analysts have issued 1 year price objectives for Fastenal's shares. Their forecasts range from $34.00 to $53.00. On average, they expect Fastenal's stock price to reach $47.88 in the next twelve months. This suggests that the stock has a possible downside of 10.8%.
View analysts' price targets for Fastenal
or view top-rated stocks among Wall Street analysts.

Who are Fastenal's key executives?

Fastenal's management team includes the following people:
  • Mr. Daniel L. Florness, Pres, CEO & Director (Age 58, Pay $2.06M) (LinkedIn Profile)
  • Mr. Holden Lewis, Exec. VP & CFO (Age 52, Pay $1.07M) (LinkedIn Profile)
  • Ms. Reyne K. Wisecup, Sr. EVP of HR & Director (Age 58, Pay $1.08M)
  • Mr. Terry Modock Owen, Sr. Exec. VP of Sales Operations (Age 53, Pay $1.45M) (LinkedIn Profile)
  • Mr. Jeffery M. Watts, Exec. VP of International Sales (Age 49, Pay $1.15M)
  • Ms. Sheryl Ann Lisowski, Exec. VP, Chief Accounting Officer & Treasurer (Age 54) (LinkedIn Profile)
  • John J. Milek, VP & Gen. Counsel
  • Ms. Ellen Stolts, Financial Reporting & Regulatory Compliance Mang.
  • Mr. James C. Jansen, Exec. VP of Manufacturing (Age 51) (LinkedIn Profile)
  • Mr. John Lewis Soderberg, Sr. Exec. VP of Information Technology (Age 50) (LinkedIn Profile)

What is Daniel Florness' approval rating as Fastenal's CEO?

714 employees have rated Fastenal CEO Daniel Florness on Glassdoor.com. Daniel Florness has an approval rating of 85% among Fastenal's employees.

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), Johnson & Johnson (JNJ), Micron Technology (MU), NVIDIA (NVDA), Bank of America (BAC), AbbVie (ABBV), Cisco Systems (CSCO), The Walt Disney (DIS), QUALCOMM (QCOM) and Target (TGT).

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 investors include BlackRock Inc. (7.80%), Bank of New York Mellon Corp (5.46%), Geode Capital Management LLC (1.91%), Principal Financial Group Inc. (1.44%), Janus Henderson Group PLC (1.30%) and Northern Trust Corp (1.22%). Company insiders that own Fastenal stock include Charles S Miller, Daniel L Florness, Daniel L Johnson, Darren R Jackson, Hsenghung Sam Hsu, James C Jansen, Jeffery Michael Watts, John Lewis Soderberg, Leland J Hein, Michael J Ancius, Michael John Dolan, Rita J Heise, Sheryl Ann Lisowski, Stephen L Eastman, Terry Modock Owen, Willard D Oberton and William Joseph Drazkowski.
View institutional ownership trends for Fastenal
.

Which major investors are selling Fastenal stock?

FAST stock was sold by a variety of institutional investors in the last quarter, including Arrowstreet Capital Limited Partnership, Waddell & Reed Financial Inc., APG Asset Management N.V., AGF Investments Inc., American International Group Inc., Great West Life Assurance Co. Can, Ensign Peak Advisors Inc, and Cantillon Capital Management LLC. Company insiders that have sold Fastenal company stock in the last year include James C Jansen, Jeffery Michael Watts, John Lewis Soderberg, Leland J Hein, Michael John Dolan, Rita J Heise, Sheryl Ann Lisowski, Terry Modock Owen, and William Joseph Drazkowski.
View insider buying and selling activity for Fastenal
or view top insider-selling stocks.

Which major investors are buying Fastenal stock?

FAST stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Dearborn Partners LLC, Mirae Asset Global Investments Co. Ltd., Bank of New York Mellon Corp, Janus Henderson Group PLC, Edgestream Partners L.P., Shell Asset Management Co., and Kornitzer Capital Management Inc. KS. Company insiders that have bought Fastenal stock in the last two years include Daniel L Johnson, Darren R Jackson, Hsenghung Sam Hsu, Michael J Ancius, Michael John Dolan, and Stephen L Eastman.
View insider buying and selling activity for Fastenal
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Fastenal's stock price today?

One share of FAST stock can currently be purchased for approximately $53.67.

How much money does Fastenal make?

Fastenal has a market capitalization of $30.83 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.

How many employees does Fastenal have?

Fastenal employs 17,836 workers across the globe.

Does Fastenal have any subsidiaries?

The following companies are subsidiares of Fastenal: Av-Tech Industries Inc, FASTCO (Shanghai) Trading Co. Ltd., Fastenal (Shanghai) International Trading Co. Ltd., Fastenal (Shenzhen) International Trading Co. Ltd., Fastenal (Thailand) Ltd., Fastenal (Tianjin) International Trading Co. Ltd., Fastenal AT GmbH, Fastenal Air Fleet LLC, Fastenal Asia Pacific Limited, Fastenal Brasil Importação Exportação e Distribuição Ltda., Fastenal Brasil Participacoes Ltda., Fastenal Canada Ltd., Fastenal Chile SpA, Fastenal Colombia S.A.S., Fastenal Company Leasing, Fastenal Company Purchasing, Fastenal Europe AB, Fastenal Europe B.V., Fastenal Europe FR Sàrl, Fastenal Europe GmbH, Fastenal Europe IE Limited, Fastenal Europe Kft., Fastenal Europe Ltd., Fastenal Europe RO S.r.l., Fastenal Europe S.L., Fastenal Europe S.r.l., Fastenal Europe Sp. z o.o., Fastenal Europe Sàrl, Fastenal Europe s.r.o., Fastenal IP Company, Fastenal India Sourcing IT and Procurement Private Ltd, Fastenal India Wholesale Private Ltd., Fastenal International Holdings Company, Fastenal Latin America S.A., Fastenal Malaysia SDN BHD, Fastenal Mexico LLC, Fastenal Mexico S. de R.L. de C.V., Fastenal Mexico Services S. de R.L. de C.V., Fastenal Netherlands Holdings B.V., Fastenal Panama S.A., Fastenal Singapore PTE Ltd., Manufacturers Supply Company, and River Surplus and Supply LLC.

When was Fastenal founded?

Fastenal was founded in 1967.

What is Fastenal's official website?

The official website for Fastenal is www.fastenal.com.

Where are Fastenal's headquarters?

Fastenal is headquartered at 2001 THEURER BLVD, WINONA MN, 55987.

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 5/18/2021 by MarketBeat.com Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research. As a bonus to opt-ing into our email newsletters, you will also get a free subscription to the Liberty Through Wealth e-newsletter. You can opt out at any time.