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

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

Fastenal declared a quarterly dividend on Wednesday, January 16th. Investors of record on Thursday, January 31st will be paid a dividend of $0.43 per share on Wednesday, February 27th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 2.92%. The ex-dividend date of this dividend is Wednesday, January 30th. This is an increase from Fastenal's previous quarterly dividend of $0.40. View Fastenal's Dividend History.

Fastenal announced that its board has authorized a stock buyback plan on Wednesday, July 12th 2017, which permits the company to buyback 5,000,000 shares, according to EventVestor. This buyback authorization permits the company to repurchase shares of its stock through open market purchases. Stock buyback plans are typically a sign that the company's leadership believes its stock is undervalued.

Fastenal (NASDAQ:FAST) released its earnings results on Thursday, January, 17th. The company reported $0.60 earnings per share for the quarter, meeting analysts' consensus estimates of $0.60. The company earned $1.23 billion during the quarter, compared to analyst estimates of $1.22 billion. Fastenal had a net margin of 15.25% and a return on equity of 32.29%. Fastenal's revenue was up 13.1% on a year-over-year basis. During the same quarter in the prior year, the firm 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.

15 Wall Street analysts have issued 1 year target prices for Fastenal's stock. Their forecasts range from $49.00 to $63.00. On average, they anticipate Fastenal's share price to reach $56.50 in the next year. This suggests that the stock has a possible downside of 4.1%. View Analyst Price Targets for Fastenal.

15 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 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Fastenal.

News coverage about FAST stock has trended somewhat positive recently, InfoTrie Sentiment reports. The research firm identifies positive and negative media coverage by reviewing 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 closest to five being the most favorable. Fastenal earned a media sentiment score of 1.6 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the next few days.

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 trading volume of 2,735,529 shares, the days-to-cover ratio is presently 8.2 days. Approximately 7.9% 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), 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%), 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 purchased 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 $58.94.

Fastenal has a market capitalization of $15.54 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]