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. Stockholders 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 dividend yield of 2.73%. The ex-dividend date of this dividend is Wednesday, January 30th. This is a positive change from Fastenal's previous quarterly dividend of $0.40. View Fastenal's Dividend History.

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

Fastenal (NASDAQ:FAST) issued its earnings results on Thursday, January, 17th. The company reported $0.60 earnings per share (EPS) for the quarter, meeting the Zacks' consensus estimate of $0.60. The firm earned $1.23 billion during the quarter, compared to the consensus estimate of $1.22 billion. Fastenal had a return on equity of 33.48% and a net margin of 15.14%. The company's revenue was up 13.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $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 analysts have issued 1-year price objectives for Fastenal's shares. Their forecasts range from $49.00 to $63.00. On average, they anticipate Fastenal's share price to reach $56.0909 in the next twelve months. This suggests that the stock has a possible downside of 10.9%. 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.

Press coverage about FAST stock has trended somewhat positive this week, InfoTrie Sentiment reports. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Fastenal earned a news sentiment score of 1.3 on InfoTrie's scale. They also gave news articles about the company a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days.

Fastenal saw a increase in short interest in the month of January. As of January 31st, there was short interest totalling 26,261,976 shares, an increase of 9.0% from the January 15th total of 24,100,895 shares. Based on an average daily trading volume, of 4,175,664 shares, the days-to-cover ratio is presently 6.3 days. Currently, 9.3% of the company's 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), GrowGeneration (GRWG), AeroGrow International (AERO) and Ferguson (FERGD).

Fastenal's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.94%), Bank of New York Mellon Corp (5.55%), Geode Capital Management LLC (1.46%), Northern Trust Corp (1.28%), Oregon Public Employees Retirement Fund (1.27%) and Cantillon Capital Management LLC (1.13%). 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, Nicholas J Lundquist, Sheryl Ann Lisowski, 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 Millennium Management LLC, D. E. Shaw & Co. Inc., Los Angeles Capital Management & Equity Research Inc., Nicholas Company Inc., Canada Pension Plan Investment Board, LPL Financial LLC, Connor Clark & Lunn Investment Management Ltd. and Bank of Montreal Can. Company insiders that have sold Fastenal company stock in the last year include James C Jansen, Leland J Hein, Michael John Dolan, Nicholas J Lundquist, Sheryl Ann Lisowski 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 Oregon Public Employees Retirement Fund, London Co. of Virginia, Pendal Group Ltd, Bank of New York Mellon Corp, BlackRock Inc., First Trust Advisors LP, Northern Trust Corp and Cantillon Capital Management LLC. 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 $62.97.

Fastenal has a market capitalization of $18.01 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]