NASDAQ:FASTFastenal Stock Price, Forecast & News

Fastenal's stock was trading at $32.93 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, FAST stock has increased by 31.7% and is now trading at $43.38. 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 (NASDAQ:FAST) posted its quarterly earnings results on Tuesday, April, 14th. The company reported $0.35 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.34 by $0.01. The company earned $1.37 billion during 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 previous 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 dividend on an annualized basis and a dividend yield of 2.31%. The ex-dividend date is Monday, April 27th. View Fastenal's dividend history.

Fastenal shares split before market open on Wednesday, May 22nd 2019. The 2-1 split was announced on Thursday, April 18th 2019. The newly issued shares were issued 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.

13 analysts have issued 1 year price targets for Fastenal's shares. Their forecasts range from $34.00 to $377.00. On average, they expect Fastenal's stock price to reach $77.89 in the next year. This suggests a possible upside of 79.6% from the stock's current price. View analysts' price targets for Fastenal.

Headlines about FAST stock have trended very negative on Tuesday, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Fastenal earned a news sentiment score of -3.2 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news about Fastenal.

Fastenal saw a decline in short interest in the month of June. As of June 30th, there was short interest totaling 19,210,000 shares, a decline 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 days-to-cover ratio is currently 4.1 days. Currently, 3.4% of the shares of the 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), WESCO International (WCC), Rush Enterprises (RUSHA), 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 number 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%), MERIAN GLOBAL INVESTORS UK Ltd (0.08%) and Manning & Napier Group LLC (0.05%). 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, IFM Investors Pty Ltd, Manning & Napier Group LLC, Peoples Financial Services CORP., Whittier Trust Co., Cypress Capital Group, and M&R Capital Management 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 MERIAN GLOBAL INVESTORS UK Ltd, Riverbridge Partners LLC, Envestnet Asset Management Inc., Hexavest Inc., Townsend & Associates Inc, Mountain Pacific Investment Advisers Inc. ID, First Financial Bank Trust Division, and Fulton Bank N. A.. 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 $43.38.

Fastenal has a market capitalization of $24.85 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]