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

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

Fastenal announced a quarterly dividend on Tuesday, July 10th. Shareholders of record on Wednesday, July 25th will be given a dividend of $0.40 per share on Wednesday, August 22nd. This represents a $1.60 dividend on an annualized basis and a yield of 2.65%. The ex-dividend date of this dividend is Tuesday, July 24th. This is a positive change from Fastenal's previous quarterly dividend of $0.37. View Fastenal's Dividend History.

Fastenal announced that its board has authorized a stock buyback plan on Wednesday, July 12th 2017, which authorizes the company to buyback 5,000,000 outstanding shares, according to EventVestor. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares buyback plans are generally a sign that the company's board of directors believes its shares are undervalued.

Fastenal (NASDAQ:FAST) announced its quarterly earnings data on Wednesday, July, 11th. The company reported $0.74 EPS for the quarter, topping the consensus estimate of $0.66 by $0.08. The company earned $1.27 billion during the quarter, compared to the consensus estimate of $1.26 billion. Fastenal had a return on equity of 30.82% and a net margin of 14.57%. Fastenal's quarterly revenue was up 13.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.52 earnings per share. View Fastenal's Earnings History.

Fastenal is scheduled to release their next quarterly earnings announcement on Wednesday, October, 10th 2018. View Earnings Estimates for Fastenal.

11 equities research analysts have issued 12-month price objectives for Fastenal's shares. Their predictions range from $46.00 to $62.00. On average, they expect Fastenal's share price to reach $55.00 in the next year. This suggests that the stock has a possible downside of 8.9%. View Analyst Price Targets for Fastenal.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fastenal in the last year. There are currently 2 sell ratings, 5 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Fastenal.

Fastenal saw a decrease in short interest in the month of July. As of July 13th, there was short interest totalling 21,172,578 shares, a decrease of 13.5% from the June 29th total of 24,475,987 shares. Based on an average daily trading volume, of 6,717,260 shares, the days-to-cover ratio is currently 3.2 days. Approximately 7.4% of the shares of the company are sold short. View Fastenal's Current Options Chain.

Some companies that are related to Fastenal include Sherwin-Williams (SHW), Ferguson (FERGD), Ferguson (FERGY), Tractor Supply (TSCO), Titan Cement (TITCY), GrowGeneration (GRWG) and AeroGrow International (AERO).

News headlines about FAST stock have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Fastenal earned a media and rumor sentiment score of 0.13 on Accern's scale. They also gave press coverage about the company an impact score of 46.65 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near future. View Recent Headlines for Fastenal.

Fastenal's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.73%), Bank of New York Mellon Corp (5.08%), OppenheimerFunds Inc. (1.97%), Waddell & Reed Financial Inc. (1.19%), Cantillon Capital Management LLC (1.12%) and Janus Henderson Group PLC (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.

FAST stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, TCW Group Inc., Victory Capital Management Inc., Wells Fargo & Company MN, Bank of America Corp DE, GW Henssler & Associates Ltd., River Road Asset Management LLC and United Services Automobile Association. 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, Terry Modock Owen and William Joseph Drazkowski. View Insider Buying and Selling for Fastenal.

FAST stock was acquired by a variety of institutional investors in the last quarter, including Cantillon Capital Management LLC, Morgan Stanley, USS Investment Management Ltd, Los Angeles Capital Management & Equity Research Inc., Bank of Montreal Can, Janus Henderson Group PLC, Millennium Management LLC and Canada Pension Plan Investment Board. 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.

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.

One share of FAST stock can currently be purchased for approximately $60.35.

Fastenal has a market capitalization of $16.56 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.

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]