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 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 3.18%. This is a boost from Fastenal's previous quarterly dividend of $0.40. View Fastenal's Dividend History.

Fastenal declared that its board has initiated a share buyback program on Wednesday, July 12th 2017, which permits the company to buyback 5,000,000 outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback programs are generally an indication that the company's management believes its stock is undervalued.

Fastenal (NASDAQ:FAST) posted its quarterly earnings results on Wednesday, October, 10th. The company reported $0.69 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.67 by $0.02. The firm earned $1.28 billion during the quarter, compared to analyst estimates of $1.27 billion. Fastenal had a net margin of 15.25% and a return on equity of 32.29%. The firm's revenue was up 13.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.50 earnings per share. View Fastenal's Earnings History.

Fastenal is scheduled to release their next quarterly earnings announcement on Thursday, January 17th 2019. View Earnings Estimates for Fastenal.

Fastenal will be holding an earnings conference call on Thursday, January 17th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

14 brokers have issued twelve-month target prices for Fastenal's shares. Their predictions range from $49.00 to $63.00. On average, they expect Fastenal's share price to reach $56.50 in the next year. This suggests a possible upside of 4.4% from the stock's current price. 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 recently, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Fastenal earned a media sentiment score of 1.5 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 7.0 out of 10, meaning that recent news coverage is likely to have an impact on the stock's share price in the near term.

Fastenal saw a decrease in short interest in December. As of December 14th, there was short interest totalling 22,546,579 shares, a decrease of 8.9% from the November 30th total of 24,757,758 shares. Based on an average daily trading volume, of 2,735,529 shares, the days-to-cover ratio is presently 8.2 days. Approximately 7.9% of the shares of the company 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 institutional and retail investors. Top institutional investors include Confluence Investment Management LLC (0.82%), Riverbridge Partners LLC (0.58%), Alta Capital Management LLC (0.25%), Douglass Winthrop Advisors LLC (0.23%), USS Investment Management Ltd (0.17%) and Capital Investment Services of America Inc. (0.07%). 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 bought by a variety of institutional investors in the last quarter, including Pensionfund DSM Netherlands, Virtu Financial LLC, Pensionfund Sabic, DNB Asset Management AS, New England Research & Management Inc., Legacy Capital Partners Inc., YHB Investment Advisors Inc. and Capital Investment Services of America 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 $54.12.

Fastenal has a market capitalization of $15.67 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]