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. Shareholders 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 yield of 2.91%. 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 of Directors has approved a stock buyback plan on Wednesday, July 12th 2017, which allows the company to buyback 5,000,000 outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Shares buyback plans are often an indication that the company's board of directors believes its stock is undervalued.

Fastenal (NASDAQ:FAST) posted its quarterly earnings data on Thursday, January, 17th. The company reported $0.60 EPS for the quarter, meeting the Thomson Reuters' consensus estimate of $0.60. The company had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.22 billion. Fastenal had a net margin of 15.14% and a return on equity of 33.48%. The firm's quarterly revenue was up 13.1% on a year-over-year basis. During the same period in the prior year, the company 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.

14 brokerages have issued 12 month price targets for Fastenal's stock. Their predictions range from $49.00 to $63.00. On average, they expect Fastenal's share price to reach $56.0909 in the next year. This suggests that the stock has a possible downside of 5.1%. 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.

Media coverage about FAST stock has trended somewhat positive recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Fastenal earned a media sentiment score of 1.4 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 5.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the company's share price in the next few days.

Fastenal saw a decline in short interest in December. As of December 14th, there was short interest totalling 22,546,579 shares, a decline of 8.9% from the November 30th total of 24,757,758 shares. Based on an average daily volume of 2,735,529 shares, the days-to-cover ratio is currently 8.2 days. Approximately 7.9% of the company's stock are sold short. 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 institutional and retail investors. Top institutional shareholders include Confluence Investment Management LLC (0.82%), Riverbridge Partners LLC (0.58%), Investmentaktiengesellschaft Fuer Langfristige Investoren TGV (0.38%), Clarkston Capital Partners LLC (0.37%), Alta Capital Management LLC (0.25%) and Douglass Winthrop Advisors LLC (0.23%). 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 Bank of Montreal Can, USS Investment Management Ltd, Riverbridge Partners LLC, Gulf International Bank UK Ltd, Confluence Investment Management LLC, Northstar Investment Advisors LLC, Douglass Winthrop Advisors LLC and Alta Capital Management LLC. 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 bought by a variety of institutional investors in the last quarter, including Investmentaktiengesellschaft Fuer Langfristige Investoren TGV, Pensionfund DSM Netherlands, Virtu Financial LLC, Pensionfund Sabic, Diversified Investment Strategies LLC, Livingston Group Asset Management CO operating as Southport Capital Management, DNB Asset Management AS and New England Research & Management 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 $59.08.

Fastenal has a market capitalization of $16.96 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 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]