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

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

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

Fastenal announced that its board has approved a share repurchase program on Wednesday, July 12th 2017, which allows the company to repurchase 5,000,000 outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's board believes its shares are undervalued.

Fastenal (NASDAQ:FAST) issued its quarterly earnings data on Wednesday, October, 10th. The company reported $0.69 earnings per share for the quarter, beating the 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%. The firm's revenue for the quarter was up 13.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.50 earnings per share. View Fastenal's Earnings History.

Fastenal is scheduled to release their next quarterly earnings announcement on Wednesday, January 16th 2019. View Earnings Estimates for Fastenal.

11 analysts have issued 12-month price targets for Fastenal's shares. Their forecasts range from $49.00 to $62.00. On average, they anticipate Fastenal's share price to reach $55.4444 in the next year. This suggests a possible upside of 2.4% from the stock's current price. View Analyst Price Targets for Fastenal.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fastenal in the last year. There are currently 2 sell ratings, 5 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Fastenal.

News stories about FAST stock have trended negative recently, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Fastenal earned a news impact score of -2.6 on InfoTrie's scale. They also gave headlines about the company a news buzz of 7.0 out of 10, indicating that recent news coverage is likely to have an effect on the stock's share price in the next few days.

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 number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.72%), Bank of New York Mellon Corp (5.13%), Cantillon Capital Management LLC (1.04%), Janus Henderson Group PLC (0.83%), Confluence Investment Management LLC (0.83%) and Alliancebernstein L.P. (0.79%). 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, Reyne K Wisecup, 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 First Trust Advisors LP, Grand Jean Capital Management Inc., Cantillon Capital Management LLC, Mcdonald Capital Investors Inc. CA, River Road Asset Management LLC, Janus Henderson Group PLC, TCW Group Inc. and Confluence Investment Management LLC. Company insiders that have sold Fastenal company stock in the last year include Charles S Miller, Gary A Polipnick, James C Jansen, Leland J Hein, Terry Modock Owen and William Joseph Drazkowski. View Insider Buying and Selling for Fastenal.

FAST stock was acquired by a variety of institutional investors in the last quarter, including MERIAN GLOBAL INVESTORS UK Ltd, Alliancebernstein L.P., Assenagon Asset Management S.A., Sumitomo Mitsui Trust Holdings Inc., Bank of New York Mellon Corp, Canada Pension Plan Investment Board, Los Angeles Capital Management & Equity Research Inc. and Bank of Montreal Can. 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 $15.72 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]