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

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

Fastenal declared a quarterly dividend on Tuesday, October 9th. Shareholders of record on Wednesday, October 24th will be given a dividend of $0.40 per share on Wednesday, November 21st. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.96%. The ex-dividend date is Tuesday, October 23rd. View Fastenal's Dividend History.

Fastenal declared that its Board of Directors has authorized a share repurchase program on Wednesday, July 12th 2017, which allows the company to buyback 5,000,000 shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback programs are typically an indication that the company's leadership believes its stock is undervalued.

Fastenal (NASDAQ:FAST) issued its earnings results on Wednesday, October, 10th. The company reported $0.69 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.67 by $0.02. The business earned $1.28 billion during the quarter, compared to analysts' expectations of $1.27 billion. Fastenal had a net margin of 15.25% and a return on equity of 32.29%. Fastenal's revenue for the quarter was up 13.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.50 EPS. View Fastenal's Earnings History.

Fastenal is scheduled to release their next quarterly earnings announcement on Thursday, January 17th 2019. View Earnings Estimates for Fastenal.

Fastenal will be holding an earnings conference call on Thursday, January 17th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

14 Wall Street analysts have issued 12-month price objectives for Fastenal's shares. Their predictions range from $49.00 to $63.00. On average, they anticipate Fastenal's stock price to reach $56.50 in the next twelve months. This suggests a possible upside of 4.4% from the stock's current price. 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.

Media stories about FAST stock have been trending somewhat negative recently, according to InfoTrie. The research group identifies positive and negative media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Fastenal earned a media sentiment score of -1.2 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 5.0 out of 10, meaning that recent media coverage is somewhat likely to have an effect on the company's share price in the immediate future.

Fastenal saw a drop in short interest during the month of December. As of December 14th, there was short interest totalling 22,546,579 shares, a drop 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 presently 8.2 days. Approximately 7.9% of the shares of the stock are short sold. 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), AeroGrow International (AERO), GrowGeneration (GRWG) and Ferguson (FERGD).

Fastenal's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Confluence Investment Management LLC (0.82%), Riverbridge Partners LLC (0.58%), Alta Capital Management LLC (0.25%), Douglass Winthrop Advisors LLC (0.23%), USS Investment Management Ltd (0.17%) 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, 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 purchased by a variety of institutional investors in the last quarter, including Pensionfund DSM Netherlands, Virtu Financial LLC, Pensionfund Sabic, DNB Asset Management AS, New England Research & Management Inc., Legacy Capital Partners Inc., YHB Investment Advisors Inc. and Capital Investment Services of America 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 $54.12.

Fastenal has a market capitalization of $15.52 billion and generates $4.39 billion in revenue each year. The company earns $578.60 million in net income (profit) each year or $1.93 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]