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
Phone507-454-5374
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$5.33 billion
Profitability
Miscellaneous
Employees21,948
Next Earnings Date4/9/2020 (Estimated)
OptionableOptionable
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 Thursday, January 16th. Investors of record on Friday, January 31st will be given a dividend of $0.25 per share on Friday, February 28th. This represents a $1.00 annualized dividend and a yield of 2.55%. The ex-dividend date is Thursday, January 30th. This is a boost from Fastenal's previous quarterly dividend of $0.22. View Fastenal's Dividend History.
When did Fastenal's stock split? How did Fastenal's stock split work?
Fastenal shares split before market open on Wednesday, May 22nd 2019. The 2-1 split was announced on Thursday, April 18th 2019. The newly minted shares were payable to shareholders after the closing bell 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) announced its earnings results on Friday, January, 17th. The company reported $0.31 earnings per share for the quarter, meeting the Thomson Reuters' consensus estimate of $0.31. The company had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.29 billion. Fastenal had a return on equity of 31.16% and a net margin of 14.83%. The firm's quarterly revenue was up 3.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.60 EPS. View Fastenal's Earnings History.
When is Fastenal's next earnings date?
What price target have analysts set for FAST?
12 analysts have issued twelve-month target prices for Fastenal's shares. Their forecasts range from $30.00 to $377.00. On average, they anticipate Fastenal's share price to reach $78.63 in the next year. This suggests a possible upside of 100.7% from the stock's current price. View Analyst Price Targets for Fastenal.
What is the consensus analysts' recommendation for Fastenal?
12 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 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 very negative recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative media coverage by analyzing 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 closest to five being the most favorable. Fastenal earned a news impact score of -3.4 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for Fastenal.
Who are some of Fastenal's key competitors?
Some companies that are related to Fastenal include W W Grainger (GWW), United Rentals (URI), Watsco (WSO), Air Lease (AL), MSC Industrial Direct (MSM), GATX (GATX), Applied Industrial Technologies (AIT), Beacon Roofing Supply (BECN), Aircastle (AYR), WESCO International (WCC), Kaman (KAMN), Rush Enterprises (RUSHA), H&E Equipment Services (HEES), MRC Global (MRC) and DXP Enterprises (DXPE).
What other stocks do shareholders of Fastenal own?
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 many different of institutional and retail investors. Top institutional investors include Bank of New York Mellon Corp (5.60%), State Street Corp (5.30%), Principal Financial Group Inc. (1.55%), Cantillon Capital Management LLC (1.08%), Baird Financial Group Inc. (1.01%) and Janus Henderson Group PLC (0.98%). Company insiders that own Fastenal stock include Charles S Miller, Daniel L Florness, Daniel L Johnson, Darren R Jackson, 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 Bares Capital Management Inc., Raymond James & Associates, Schroder Investment Management Group, Tikehau Investment Management, State Street Corp, Wedgewood Partners Inc., Alliancebernstein L.P. and BNP PARIBAS ASSET MANAGEMENT Holding S.A.. Company insiders that have sold Fastenal company stock in the last year include Charles S Miller, Daniel L Florness, John Lewis Soderberg, Leland J Hein, Nicholas J Lundquist, Sheryl Ann Lisowski, Terry Modock Owen, Willard D Oberton and William Joseph Drazkowski. View Insider Buying and Selling for Fastenal.
Which major investors are buying Fastenal stock?
FAST stock was bought by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Madison Asset Management LLC, Mawer Investment Management Ltd., Principal Financial Group Inc., Kornitzer Capital Management Inc. KS, UBS Group AG, Franklin Resources Inc. and Marshfield Associates. 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.
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 $39.18.
How big of a company is Fastenal?
Fastenal has a market capitalization of $22.50 billion and generates $5.33 billion in revenue each year. The company earns $790.90 million in net income (profit) each year or $1.38 on an earnings per share basis. Fastenal employs 21,948 workers across the globe.View Additional Information About Fastenal.
What is Fastenal's official website?
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)
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.
