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

$31.65
-1.08 (-3.30 %)
(As of 06/14/2019 04:00 PM ET)
Today's Range
$31.13
Now: $31.65
$32.68
50-Day Range
$30.56
MA: $50.76
$71.28
52-Week Range
$23.68
Now: $31.65
$35.94
Volume3.53 million shs
Average Volume4.01 million shs
Market Capitalization$18.11 billion
P/E Ratio23.98
Dividend Yield2.63%
Beta1.27
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$1.51 per share
Book Value$4.03 per share

Profitability

Net Income$751.90 million

Miscellaneous

Employees21,644
Market Cap$18.11 billion
Next Earnings Date7/10/2019 (Estimated)
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 announced a quarterly dividend on Thursday, April 11th. Stockholders of record on Wednesday, April 24th will be given a dividend of $0.43 per share on Wednesday, May 22nd. This represents a $1.72 dividend on an annualized basis and a dividend yield of 5.43%. The ex-dividend date is Tuesday, April 23rd. View Fastenal's Dividend History.

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

Fastenal's stock split before market open on Wednesday, May 22nd 2019. The 2-1 split was announced on Thursday, April 18th 2019. The newly created shares were issued 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 will Fastenal's stock buyback program work?

Fastenal declared that its Board of Directors has approved a stock repurchase program 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 reacquire shares of its stock through open market purchases. Stock buyback programs are typically an indication that the company's board believes its stock is undervalued.

How were Fastenal's earnings last quarter?

Fastenal (NASDAQ:FAST) announced its quarterly earnings results on Thursday, April, 11th. The company reported $0.34 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.34 by $0.01. The firm had revenue of $1.31 billion for the quarter, compared to analysts' expectations of $1.30 billion. Fastenal had a return on equity of 33.52% and a net margin of 15.16%. During the same quarter last year, the company posted $0.31 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 Wednesday, July 10th 2019. View Earnings Estimates for Fastenal.

What price target have analysts set for FAST?

13 brokers have issued 12 month target prices for Fastenal's stock. Their forecasts range from $25.00 to $39.00. On average, they anticipate Fastenal's stock price to reach $30.4444 in the next year. This suggests that the stock has a possible downside of 3.8%. View Analyst Price Targets for Fastenal.

What is the consensus analysts' recommendation for Fastenal?

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

Has Fastenal been receiving favorable news coverage?

News stories about FAST stock have been trending somewhat negative recently, according to InfoTrie Sentiment. The research firm identifies positive and negative news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Fastenal earned a news impact score of -1.0 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the near term. View News Stories for Fastenal.

Are investors shorting Fastenal?

Fastenal saw a decrease in short interest during the month of April. As of April 30th, there was short interest totalling 19,630,500 shares, a decrease of 11.7% from the April 15th total of 22,224,359 shares. Based on an average daily trading volume, of 2,154,743 shares, the days-to-cover ratio is presently 9.1 days. Approximately 6.9% 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 CA (CA), Intel (INTC), Johnson & Johnson (JNJ), Micron Technology (MU), Procter & Gamble (PG), Cisco Systems (CSCO), Starbucks (SBUX), The Coca-Cola (KO), QUALCOMM (QCOM) and Verizon Communications (VZ).

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 number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.08%), Geode Capital Management LLC (1.66%), OppenheimerFunds Inc. (1.48%), Wellington Management Group LLP (1.33%), Northern Trust Corp (1.30%) and Cantillon Capital Management LLC (1.13%). 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 FMR LLC, Alta Capital Management LLC, Confluence Investment Management LLC, OppenheimerFunds Inc., Amundi Pioneer Asset Management Inc., Morgan Stanley, GWM Advisors LLC and Pendal Group Ltd. 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 Geode Capital Management LLC, BlackRock Inc., Goldman Sachs Group Inc., The Manufacturers Life Insurance Company, Nordea Investment Management AB, Provident Trust Co., Teacher Retirement System of Texas and Penserra 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, Scottrade, Fidelity and Charles Schwab.

What is Fastenal's stock price today?

One share of FAST stock can currently be purchased for approximately $31.65.

How big of a company is Fastenal?

Fastenal has a market capitalization of $18.11 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:  316 (Vote Outperform)
Underperform Votes:  507 (Vote Underperform)
Total Votes:  823
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 6/15/2019 by MarketBeat.com Staff

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