NASDAQ:FASTFastenal Stock Price, Forecast & News

Fastenal's stock was trading at $32.93 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, FAST stock has increased by 30.7% and is now trading at $43.03. View which stocks have been most impacted by Coronavirus.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fastenal in the last year. There are currently 1 sell rating, 7 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Fastenal.

Fastenal is scheduled to release its next quarterly earnings announcement on Tuesday, July 14th 2020. View our earnings forecast for Fastenal.

Fastenal will be holding an earnings conference call on Tuesday, July 14th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Fastenal (NASDAQ:FAST) announced its earnings results on Tuesday, April, 14th. The company reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.34 by $0.01. The company had revenue of $1.37 billion for the quarter, compared to the consensus estimate of $1.36 billion. Fastenal had a net margin of 14.83% and a return on equity of 30.71%. The company's revenue was up 4.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.34 EPS. View Fastenal's earnings history.

Fastenal declared a quarterly dividend on Monday, April 13th. Stockholders of record on Tuesday, April 28th will be paid a dividend of $0.25 per share on Tuesday, May 26th. This represents a $1.00 annualized dividend and a yield of 2.32%. The ex-dividend date of this dividend is Monday, April 27th. View Fastenal's dividend history.

Shares of Fastenal 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 distributed 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.

13 analysts have issued 12-month target prices for Fastenal's shares. Their forecasts range from $34.00 to $377.00. On average, they expect Fastenal's share price to reach $77.89 in the next year. This suggests a possible upside of 81.0% from the stock's current price. View analysts' price targets for Fastenal.

News coverage about FAST stock has trended very negative recently, InfoTrie Sentiment reports. The research group ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Fastenal earned a media sentiment score of -3.2 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news about Fastenal.

Fastenal saw a drop in short interest in the month of June. As of June 30th, there was short interest totaling 19,210,000 shares, a drop of 9.5% from the June 15th total of 21,220,000 shares. Based on an average daily trading volume, of 4,700,000 shares, the short-interest ratio is currently 4.1 days. Approximately 3.4% of the company's stock are sold short. View Fastenal's Current Options Chain.

Some companies that are related to Fastenal include W W Grainger (GWW), United Rentals (URI), Watsco (WSO), MSC Industrial Direct (MSM), Air Lease (AL), Applied Industrial Technologies (AIT), GATX (GATX), Beacon Roofing Supply (BECN), Rush Enterprises (RUSHA), WESCO International (WCC), Kaman (KAMN), H&E Equipment Services (HEES), Textainer Group (TGH), MRC Global (MRC) and DXP Enterprises (DXPE). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Fastenal investors own include Intel (INTC), Starbucks (SBUX), Walt Disney (DIS), Micron Technology (MU), AT&T (T), NVIDIA (NVDA), QUALCOMM (QCOM), AbbVie (ABBV), Bank of America (BAC) and Target (TGT).

Fastenal trades on the NASDAQ under the ticker symbol "FAST."

Fastenal's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Confluence Investment Management LLC (0.60%), Riverbridge Partners LLC (0.55%), Envestnet Asset Management Inc. (0.13%), Mountain Pacific Investment Advisers Inc. ID (0.08%), Manning & Napier Group LLC (0.05%) and State of Alaska Department of Revenue (0.03%). Company insiders that own Fastenal stock include Charles S Miller, Daniel L Florness, Daniel L Johnson, Darren R Jackson, Holden Lewis, John Lewis Soderberg, Leland J Hein, Michael J Ancius, Michael John Dolan, Nicholas J Lundquist, Sheryl Ann Lisowski, 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 Confluence Investment Management LLC, State of Alaska Department of Revenue, Manning & Napier Group LLC, Peoples Financial Services CORP., Whittier Trust Co., Cypress Capital Group, M&R Capital Management Inc., and OmniStar Financial Group Inc.. Company insiders that have sold Fastenal company stock in the last year include Charles S Miller, Daniel L Florness, Leland J Hein, Michael John Dolan, Sheryl Ann Lisowski, Willard D Oberton, and William Joseph Drazkowski. View insider buying and selling activity for Fastenal.

FAST stock was purchased by a variety of institutional investors in the last quarter, including Riverbridge Partners LLC, Envestnet Asset Management Inc., Hexavest Inc., Mountain Pacific Investment Advisers Inc. ID, First Financial Bank Trust Division, Fulton Bank N. A., Bath Savings Trust Co, and DNB Asset Management AS. 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, Terry Modock Owen, and William Joseph Drazkowski. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

One share of FAST stock can currently be purchased for approximately $43.03.

Fastenal has a market capitalization of $24.65 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.

The official website for Fastenal is 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]