NASDAQ:FAST - Fastenal Stock Price, Price Target & More

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$50.59 -0.29 (-0.57 %)
(As of 06/24/2018 04:00 PM ET)
Previous Close$50.59
Today's Range$50.40 - $51.58
52-Week Range$39.79 - $58.74
Volume2.56 million shs
Average Volume2.16 million shs
Market Capitalization$14.64 billion
P/E Ratio26.21
Dividend Yield2.91%
Beta1.01
Fastenal logoFastenal 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. It also offers miscellaneous supplies and hardware, including various pins and machinery keys, concrete anchors, metal framing systems, wire ropes, strut products, rivets, and related accessories. The company serves the manufacturing market comprising original equipment manufacturers; maintenance, repair, and operations; and non-residential construction market, which includes general, electrical, plumbing, sheet metal, and road contractors. It also serves farmers, truckers, railroads, mining companies, schools, and retail trades; and oil exploration, production, and refinement companies, as well as federal, state, and local governmental entities. As of December 31, 2017, the company distributed its products through a network of 2,383 company owned stores. Fastenal Company was founded in 1967 and is headquartered in Winona, Minnesota.

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Industry, Sector and Symbol

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

Debt

Debt-to-Equity Ratio0.18
Current Ratio5.11
Quick Ratio2.30

Price-To-Earnings

Trailing P/E Ratio26.21
Forward P/E Ratio20.16
P/E Growth1.45

Sales & Book Value

Annual Sales$4.39 billion
Price / Sales3.31
Cash Flow$2.3563 per share
Price / Cash21.47
Book Value$7.29 per share
Price / Book6.94

Profitability

EPS (Most Recent Fiscal Year)$1.93
Net Income$578.60 million
Net Margins13.66%
Return on Equity28.69%
Return on Assets20.33%

Miscellaneous

Employees20,565
Outstanding Shares287,690,000

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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 Tuesday, April 10th. Stockholders of record on Wednesday, April 25th will be paid a dividend of $0.37 per share on Wednesday, May 23rd. This represents a $1.48 dividend on an annualized basis and a dividend yield of 2.93%. The ex-dividend date of this dividend is Tuesday, April 24th. View Fastenal's Dividend History.

How will Fastenal's stock buyback program work?

Fastenal announced that its Board of Directors has approved a share buyback program on Wednesday, July 12th 2017, which authorizes the company to repurchase 5,000,000 outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are often an indication that the company's board believes its shares are undervalued.

How were Fastenal's earnings last quarter?

Fastenal (NASDAQ:FAST) released its quarterly earnings results on Wednesday, April, 11th. The company reported $0.61 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.61. The business earned $1.19 billion during the quarter, compared to the consensus estimate of $1.19 billion. Fastenal had a net margin of 13.66% and a return on equity of 28.69%. The firm's quarterly revenue was up 13.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.46 EPS. 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, 11th 2018. View Earnings Estimates for Fastenal.

What price target have analysts set for FAST?

12 brokers have issued 1 year price targets for Fastenal's shares. Their predictions range from $46.00 to $61.00. On average, they expect Fastenal's stock price to reach $54.1818 in the next year. View Analyst Ratings for Fastenal.

Who are some of Fastenal's key competitors?

Who are Fastenal's key executives?

Fastenal's management team includes the folowing people:
  • Mr. Daniel L. Florness, Pres, CEO & Director (Age 55)
  • Mr. Holden Lewis, Exec. VP & CFO (Age 49)
  • Ms. Reyne K. Wisecup, Sr. EVP of HR & Director (Age 55)
  • Mr. Terry Modock Owen, Sr. Exec. VP of Sales Operations (Age 50)
  • Mr. Charles S. Miller, Exec. VP of Sales (Age 44)

Has Fastenal been receiving favorable news coverage?

Headlines about FAST stock have trended somewhat negative on Sunday, Accern Sentiment Analysis reports. The research group scores the sentiment of media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Fastenal earned a coverage optimism score of -0.18 on Accern's scale. They also gave headlines about the company an impact score of 46.38 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.

Who are Fastenal's major shareholders?

Fastenal's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.62%), JPMorgan Chase & Co. (3.42%), OppenheimerFunds Inc. (1.87%), Bares Capital Management Inc. (1.30%), Northern Trust Corp (1.16%) and Blair William & Co. IL (0.88%). Company insiders that own Fastenal stock include Charles S Miller, Daniel L Johnson, Darren R Jackson, Gary A Polipnick, Holden Lewis, James C Jansen, Leland J Hein, Michael J Ancius, Michael John Dolan, Reyne K Wisecup, Stephen L Eastman, Terry Modock Owen, Willard D Oberton and William Joseph Drazkowski. View Institutional Ownership Trends for Fastenal.

Which institutional investors are selling Fastenal stock?

FAST stock was sold by a variety of institutional investors in the last quarter, including Diamond Hill Capital Management Inc., Point72 Asset Management L.P., Old Mutual Global Investors UK Ltd., Blair William & Co. IL, Element Capital Management LLC, Victory Capital Management Inc., The Manufacturers Life Insurance Company and Envestnet Asset Management Inc.. Company insiders that have sold Fastenal company stock in the last year include Charles S Miller, Gary A Polipnick, James C Jansen, Leland J Hein, Michael John Dolan, Terry Modock Owen and William Joseph Drazkowski. View Insider Buying and Selling for Fastenal.

Which institutional investors are buying Fastenal stock?

FAST stock was purchased by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., BlackRock Inc., OppenheimerFunds Inc., Lord Abbett & CO. LLC, Select Equity Group L.P., Schwab Charles Investment Management Inc., River Road Asset Management LLC and Tikehau Investment Management. Company insiders that have bought Fastenal stock in the last two years include 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, Scottrade, Fidelity and Charles Schwab.

What is Fastenal's stock price today?

One share of FAST stock can currently be purchased for approximately $50.59.

How big of a company is Fastenal?

Fastenal has a market capitalization of $14.64 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.

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 (FAST)

Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  222 (Vote Outperform)
Underperform Votes:  411 (Vote Underperform)
Total Votes:  633
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 6/24/2018 by MarketBeat.com Staff

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