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

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

Fastenal announced a quarterly dividend on Wednesday, January 16th. Shareholders of record on Thursday, January 31st will be given a dividend of $0.43 per share on Wednesday, February 27th. This represents a $1.72 annualized dividend and a yield of 2.90%. The ex-dividend date is Wednesday, January 30th. This is a boost from Fastenal's previous quarterly dividend of $0.40. View Fastenal's Dividend History.

Fastenal declared that its board has approved a share buyback plan 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 purchase shares of its stock through open market purchases. Stock buyback plans are typically a sign that the company's board believes its shares are undervalued.

Fastenal (NASDAQ:FAST) issued its quarterly earnings data on Thursday, January, 17th. The company reported $0.60 earnings per share for the quarter, hitting the Thomson Reuters' consensus estimate of $0.60. The business earned $1.23 billion during the quarter, compared to the consensus estimate of $1.22 billion. Fastenal had a net margin of 15.14% and a return on equity of 33.48%. The firm's quarterly revenue was up 13.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.45 EPS. View Fastenal's Earnings History.

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

14 brokerages have issued twelve-month price targets for Fastenal's shares. Their predictions range from $49.00 to $63.00. On average, they expect Fastenal's stock price to reach $56.0909 in the next twelve months. This suggests that the stock has a possible downside of 5.5%. View Analyst Price Targets for Fastenal.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fastenal in the last year. There are currently 1 sell rating, 9 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Fastenal.

News articles about FAST stock have trended positive recently, InfoTrie Sentiment reports. The research group identifies negative and positive media coverage by analyzing 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 closest to five being the most favorable. Fastenal earned a news impact score of 2.7 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future.

Fastenal saw a decline in short interest in the month of December. As of December 14th, there was short interest totalling 22,546,579 shares, a decline of 8.9% from the November 30th total of 24,757,758 shares. Based on an average daily volume of 2,735,529 shares, the short-interest ratio is currently 8.2 days. Currently, 7.9% of the shares of the stock are sold short. View Fastenal's Current Options Chain.

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 Confluence Investment Management LLC (0.82%), Riverbridge Partners LLC (0.58%), Clarkston Capital Partners LLC (0.37%), Alta Capital Management LLC (0.25%), Douglass Winthrop Advisors LLC (0.23%) and USS Investment Management Ltd (0.17%). 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, 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 USS Investment Management Ltd, Riverbridge Partners LLC, Gulf International Bank UK Ltd, Confluence Investment Management LLC, Northstar Investment Advisors LLC, Douglass Winthrop Advisors LLC, Alta Capital Management LLC and Boyd Watterson Asset Management LLC OH. Company insiders that have sold Fastenal company stock in the last year include Charles S Miller, James C Jansen, Michael John Dolan and William Joseph Drazkowski. View Insider Buying and Selling for Fastenal.

FAST stock was bought by a variety of institutional investors in the last quarter, including Pensionfund DSM Netherlands, Virtu Financial LLC, Pensionfund Sabic, Livingston Group Asset Management CO operating as Southport Capital Management, DNB Asset Management AS, New England Research & Management Inc., Legacy Capital Partners Inc. and YHB Investment Advisors 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 $59.35.

Fastenal has a market capitalization of $17.04 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 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]