Fastenal Stock Price, News & Analysis (NASDAQ:FAST)

$31.86
-0.54 (-1.67 %)
(As of 09/22/2019 04:00 PM ET)
Today's Range
$31.8550
Now: $31.86
$32.63
50-Day Range
$28.55
MA: $30.70
$33.91
52-Week Range
$24.00
Now: $31.86
$35.94
Volume3.58 million shs
Average Volume3.59 million shs
Market Capitalization$18.27 billion
P/E Ratio24.14
Dividend Yield2.72%
Beta1.23
Fastenal Company, together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, and internationally. It offers fasteners, and other industrial and construction supplies under the Fastenal name. The company's fastener products include threaded fasteners, such as 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. Read More…

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$4.97 billion
Cash Flow$1.5354 per share
Book Value$4.03 per share

Profitability

Net Income$751.90 million

Miscellaneous

Employees21,644
Market Cap$18.27 billion
Next Earnings Date10/11/2019 (Confirmed)
OptionableOptionable

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Fastenal (NASDAQ:FAST) Frequently Asked Questions

What is Fastenal's stock symbol?

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

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

Fastenal declared a quarterly dividend on Wednesday, July 10th. Stockholders of record on Thursday, July 25th will be given a dividend of $0.22 per share on Thursday, August 22nd. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.76%. The ex-dividend date is Wednesday, July 24th. View Fastenal's Dividend History.

When did Fastenal's stock split? How did Fastenal's stock split work?

Shares of Fastenal 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.

How were Fastenal's earnings last quarter?

Fastenal (NASDAQ:FAST) released its earnings results on Thursday, July, 11th. The company reported $0.36 EPS for the quarter, missing the consensus estimate of $0.37 by $0.01. The company earned $1.37 billion during the quarter, compared to analysts' expectations of $1.38 billion. Fastenal had a return on equity of 32.27% and a net margin of 14.74%. The business's revenue for the quarter was up 7.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.37 earnings per share. View Fastenal's Earnings History.

When is Fastenal's next earnings date?

Fastenal is scheduled to release their next quarterly earnings announcement on Friday, October 11th 2019. View Earnings Estimates for Fastenal.

What price target have analysts set for FAST?

10 analysts have issued twelve-month price targets for Fastenal's stock. Their forecasts range from $29.00 to $37.00. On average, they expect Fastenal's stock price to reach $31.25 in the next twelve months. This suggests that the stock has a possible downside of 1.9%. View Analyst Price Targets for Fastenal.

What is the consensus analysts' recommendation for Fastenal?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fastenal in the last year. There are currently 8 hold ratings, 1 buy rating and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Fastenal.

Has Fastenal been receiving favorable news coverage?

Press coverage about FAST stock has been trending somewhat negative on Sunday, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Fastenal earned a news sentiment score of -1.3 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Fastenal.

Are investors shorting Fastenal?

Fastenal saw a decrease in short interest in the month of August. As of August 15th, there was short interest totalling 37,996,000 shares, a decrease of 10.0% from the July 15th total of 42,207,700 shares. Based on an average daily volume of 4,630,000 shares, the days-to-cover ratio is currently 8.2 days. Approximately 13.4% of the shares of the stock are sold short. View Fastenal's Current Options Chain.

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), CA (CA), Johnson & Johnson (JNJ), Micron Technology (MU), Starbucks (SBUX), Procter & Gamble (PG), Cisco Systems (CSCO), Verizon Communications (VZ), The Coca-Cola (KO) and AT&T (T).

Who are Fastenal's key executives?

Fastenal's management team includes the folowing people:
  • Mr. Daniel L. Florness, Pres, CEO & Director (Age 56)
  • Mr. Holden Lewis, Exec. VP & CFO (Age 50)
  • Ms. Reyne K. Wisecup, Sr. EVP of HR & Director (Age 56)
  • Mr. Terry Modock Owen, Sr. Exec. VP of Sales Operations (Age 51)
  • Mr. Jeffery M. Watts, Exec. VP of International Sales (Age 47)

Who are Fastenal's major shareholders?

Fastenal's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (11.74%), BlackRock Inc. (7.58%), BlackRock Inc. (7.58%), Bank of New York Mellon Corp (5.48%), Invesco Ltd. (2.40%) and Bares Capital Management Inc. (1.51%). Company insiders that own Fastenal stock include Charles S Miller, Daniel L Florness, Daniel L Johnson, Gary A Polipnick, Holden Lewis, James C Jansen, John Lewis Soderberg, 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.

Which major investors are selling Fastenal stock?

FAST stock was sold by a variety of institutional investors in the last quarter, including Cullinan Associates Inc., Bamco Inc. NY, Townsquare Capital LLC, Summit Global Investments, CX Institutional, Green Square Asset Management LLC, Point72 Asset Management L.P. and Armstrong Henry H Associates Inc.. Company insiders that have sold Fastenal company stock in the last year include Daniel L Florness, John Lewis Soderberg, Leland J Hein, Michael John Dolan, Nicholas J Lundquist, Sheryl Ann Lisowski, Terry Modock Owen and Willard D Oberton. View Insider Buying and Selling for Fastenal.

Which major investors are buying Fastenal stock?

FAST stock was acquired by a variety of institutional investors in the last quarter, including Vanguard Group Inc., BlackRock Inc., BlackRock Inc., Bank of New York Mellon Corp, Invesco Ltd., Bares Capital Management Inc., 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, Holden Lewis, Michael J Ancius, Stephen L Eastman, Terry Modock Owen and William Joseph Drazkowski. View Insider Buying and Selling for Fastenal.

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 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 $31.86.

How big of a company is Fastenal?

Fastenal has a market capitalization of $18.27 billion and generates $4.97 billion in revenue each year. The company earns $751.90 million in net income (profit) each year or $1.32 on an earnings per share basis. Fastenal employs 21,644 workers across the globe.View Additional Information About Fastenal.

What is Fastenal's official website?

The official website for Fastenal is http://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]


MarketBeat Community Rating for Fastenal (NASDAQ FAST)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  331 (Vote Outperform)
Underperform Votes:  528 (Vote Underperform)
Total Votes:  859
MarketBeat's community ratings are surveys of what our community members think about Fastenal and other stocks. Vote "Outperform" if you believe FAST will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FAST will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/22/2019 by MarketBeat.com Staff

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