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DOW   31,188.38
QQQ   323.77
S&P 500   3,851.85
DOW   31,188.38
QQQ   323.77
S&P 500   3,851.85
DOW   31,188.38
QQQ   323.77
S&P 500   3,851.85
DOW   31,188.38
QQQ   323.77
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NASDAQ:FAST

Fastenal Stock Forecast, Price & News

$48.70
-1.72 (-3.41 %)
(As of 01/20/2021 12:00 AM ET)
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Today's Range
$47.72
Now: $48.70
$50.49
50-Day Range
$47.37
MA: $49.44
$51.62
52-Week Range
$26.72
Now: $48.70
$51.89
Volume6.64 million shs
Average Volume3.46 million shs
Market Capitalization$27.96 billion
P/E Ratio33.36
Dividend Yield1.98%
Beta1.21
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 2,114 branches and 15 distribution centers. Fastenal Company was founded in 1967 and is headquartered in Winona, Minnesota.
Fastenal logo

MarketRank

Overall MarketRank

1.70 out of 5 stars

Retail/Wholesale Sector

81st out of 383 stocks

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

4th out of 8 stocks

Analyst Opinion: 1.1Community Rank: 2.0Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Building materials, hardware, garden supply & mobile home dealers
Sub-IndustryTrading Companies & Distributors
Current SymbolNASDAQ:FAST
CUSIP31190010
Phone507-454-5374
Employees21,948

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$5.33 billion
Cash Flow$1.57 per share
Book Value$4.64 per share

Profitability

Net Income$790.90 million

Miscellaneous

Market Cap$27.96 billion
Next Earnings Date4/13/2021 (Estimated)
OptionableOptionable
$48.70
-1.72 (-3.41 %)
(As of 01/20/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Fastenal (NASDAQ:FAST) Frequently Asked Questions

How has Fastenal's stock 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 stock has increased by 47.9% and is now trading at $48.70.
View which stocks have been most impacted by COVID-19
.

Is Fastenal a buy right now?

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Fastenal in the last year. There are currently 1 sell rating, 7 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research 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 MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Fastenal?

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

What is Doug Parker's approval rating as Fastenal's CEO?

1,428 employees have rated Fastenal CEO Doug Parker on Glassdoor.com. Doug Parker has an approval rating of 59% among Fastenal's employees. This puts Doug Parker in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

When is Fastenal's next earnings date?

Fastenal is scheduled to release its next quarterly earnings announcement on Monday, April 12th 2021.
View our earnings forecast for Fastenal
.

How were Fastenal's earnings last quarter?

Fastenal (NASDAQ:FAST) posted its earnings results on Wednesday, January, 20th. The company reported $0.34 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.33 by $0.01. The company had revenue of $1.36 billion for the quarter, compared to the consensus estimate of $1.33 billion. Fastenal had a net margin of 15.12% and a return on equity of 30.63%. The company's revenue was up 6.4% compared to the same quarter last year. During the same period in the prior year, the company earned $0.31 EPS.
View Fastenal's earnings history
.

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

Fastenal announced a dividend on Thursday, January 21st. Stockholders of record on Wednesday, February 3rd will be given a dividend of $0.28 per share on Wednesday, March 3rd. This represents a dividend yield of 2.22%. The ex-dividend date of this dividend is Tuesday, February 2nd.
View Fastenal's dividend history
.

Is Fastenal a good dividend stock?

Fastenal pays an annual dividend of $1.00 per share and currently has a dividend yield of 1.98%. The dividend payout ratio of Fastenal is 72.46%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Fastenal will have a dividend payout ratio of 65.36% 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 the morning of Wednesday, May 22nd 2019. The 2-1 split was announced on Thursday, April 18th 2019. The newly issued shares were distributed to shareholders after the market closes 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?

11 analysts have issued 12-month price targets for Fastenal's shares. Their forecasts range from $34.00 to $52.00. On average, they anticipate Fastenal's share price to reach $43.70 in the next year. This suggests that the stock has a possible downside of 10.3%.
View analysts' price targets for Fastenal
or view Wall Street analyst' top-rated stocks.

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).

Who are Fastenal's key executives?

Fastenal's management team includes the following people:
  • Mr. Daniel L. Florness, Pres, CEO & Director (Age 58, Pay $1.35M)
  • Mr. Holden Lewis, Exec. VP & CFO (Age 52, Pay $857.24k)
  • Ms. Reyne K. Wisecup, Sr. EVP of HR & Director (Age 58, Pay $811.06k)
  • Mr. Terry Modock Owen, Sr. Exec. VP of Sales Operations (Age 53, Pay $914.5k)
  • Mr. Charles S. Miller, Sr. Exec. VP of Sales (Age 47, Pay $823.82k)
  • Ms. Sheryl Ann Lisowski, Exec. VP, Chief Accounting Officer & Treasurer (Age 54)
  • John J. Milek, VP & Gen. Counsel
  • Ms. Ellen Stolts, Financial Reporting & Regulatory Compliance Mang.
  • Mr. Leland J. Hein Jr., Sr. Exec. VP of Sales (Age 60)
  • Mr. James C. Jansen, Exec. VP of Manufacturing (Age 51)

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 number of institutional and retail investors. Top institutional shareholders include Ardevora Asset Management LLP (0.21%), Capital Investment Services of America Inc. (0.08%), Manning & Napier Group LLC (0.05%), First Financial Bank Trust Division (0.03%), State of Alaska Department of Revenue (0.03%) and DNB Asset Management AS (0.02%). 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, Nicholas J Lundquist, Rita J Heise, Sheryl Ann Lisowski, Terry Modock Owen, Willard D Oberton and William Joseph Drazkowski.
View institutional ownership trends for Fastenal
.

Which institutional investors are selling Fastenal stock?

FAST stock was sold by a variety of institutional investors in the last quarter, including OLD National Bancorp IN, Hexavest Inc., Pacer Advisors Inc., State of Alaska Department of Revenue, Peoples Financial Services CORP., Huntington National Bank, Townsend & Associates Inc, and Capital City Trust Co. FL. Company insiders that have sold Fastenal company stock in the last year include Daniel L Florness, James C Jansen, Jeffery Michael Watts, John Lewis Soderberg, Leland J Hein, Michael John Dolan, Rita J Heise, Sheryl Ann Lisowski, Terry Modock Owen, Willard D Oberton, and William Joseph Drazkowski.
View insider buying and selling activity for Fastenal
or view top insider-selling stocks.

Which institutional investors are buying Fastenal stock?

FAST stock was purchased by a variety of institutional investors in the last quarter, including Liberty Capital Management Inc., Louisiana State Employees Retirement System, Ardevora Asset Management LLP, Peregrine Capital Management LLC, Capital Investment Services of America Inc., Salvus Wealth Management LLC, Lavaca Capital LLC, and Welch & Forbes LLC. Company insiders that have bought Fastenal stock in the last two years include Daniel L Johnson, Darren R Jackson, Hsenghung Sam Hsu, and Michael J Ancius.
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.

What is Fastenal's stock price today?

One share of FAST stock can currently be purchased for approximately $48.70.

How big of a company is Fastenal?

Fastenal has a market capitalization of $27.96 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.

What is Fastenal's official website?

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

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 1/21/2021 by MarketBeat.com Staff

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