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NASDAQ:FAST

Fastenal (FAST) Stock Price, News & Analysis

$65.89
+0.71 (+1.09%)
(As of 09/6/2024 ET)
Today's Range
$65.05
$66.47
50-Day Range
$62.09
$70.89
52-Week Range
$53.83
$79.04
Volume
3.20 million shs
Average Volume
3.48 million shs
Market Capitalization
$37.73 billion
P/E Ratio
32.78
Dividend Yield
2.37%
Price Target
$67.43

Fastenal MarketRank™ Stock Analysis

Analyst Rating
Hold
2.14 Rating Score
Upside/​Downside
2.3% Upside
$67.43 Price Target
Short Interest
Healthy
2.33% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.42
Upright™ Environmental Score
News Sentiment
0.73mentions of Fastenal in the last 14 days
Based on 14 Articles This Week
Insider Trading
Selling Shares
$3.12 M Sold Last Quarter
Proj. Earnings Growth
7.35%
From $2.04 to $2.19 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.81 out of 5 stars

Retail/Wholesale Sector

81st out of 194 stocks

Building Materials, Hardware, Garden Supply & Mobile Home Dealers Industry

3rd out of 6 stocks

FAST stock logo

About Fastenal Stock (NASDAQ:FAST)

Fastenal Company, together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, Mexico, North America, and internationally. It offers fasteners, and related industrial and construction supplies under the Fastenal name. The company's fastener products include threaded fasteners, bolts, nuts, screws, studs, and related washers that 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 pins, 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 customers; non-residential construction market; 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. Fastenal Company was founded in 1967 and is headquartered in Winona, Minnesota.

FAST Stock Price History

FAST Stock News Headlines

Fastenal Sees Unusually Large Options Volume (NASDAQ:FAST)
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See More Headlines
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Company Calendar

Last Earnings
7/12/2024
Ex-Dividend for 8/23 Dividend
7/26/2024
Dividend Payable
8/23/2024
Today
9/07/2024
Next Earnings (Confirmed)
10/11/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Building materials, hardware, garden supply & mobile home dealers
Sub-Industry
Trading Companies & Distributors
Current Symbol
NASDAQ:FAST
CUSIP
31190010
Employees
23,201
Year Founded
1967

Price Target and Rating

Average Stock Price Target
$67.43
High Stock Price Target
$80.00
Low Stock Price Target
$56.00
Potential Upside/Downside
+2.3%
Consensus Rating
Hold
Rating Score (0-4)
2.14
Research Coverage
7 Analysts

Profitability

Net Income
$1.16 billion
Pretax Margin
20.44%

Debt

Sales & Book Value

Annual Sales
$7.42 billion
Cash Flow
$2.25 per share
Book Value
$6.10 per share

Miscellaneous

Free Float
570,200,000
Market Cap
$37.73 billion
Optionable
Optionable
Beta
1.01

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FAST Stock Analysis - Frequently Asked Questions

How have FAST shares performed this year?

Fastenal's stock was trading at $64.77 at the beginning of the year. Since then, FAST shares have increased by 1.7% and is now trading at $65.89.
View the best growth stocks for 2024 here
.

How were Fastenal's earnings last quarter?

Fastenal (NASDAQ:FAST) released its earnings results on Friday, July, 12th. The company reported $0.51 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.51. The firm's revenue was up 1.8% on a year-over-year basis.
Read the conference call transcript
.

When did Fastenal's stock split?

Fastenal's stock split 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 stock prior to the split would have 200 shares after the split.

What is Daniel Florness' approval rating as Fastenal's CEO?

714 employees have rated Fastenal Chief Executive Officer Daniel Florness on Glassdoor.com. Daniel Florness has an approval rating of 85% among the company's employees.

Does Fastenal have any subsidiaries?

Fastenal subsidiaries include these companies: Apex Industrial Technologies, Manufacturers Supply, Av-Tech Industries, Holo-Krome, FASTCO Shanghai Trading Co. Ltd., Fastenal Air Fleet LLC, Fastenal Asia Pacific Limited, and others.

Who are Fastenal's major shareholders?

Top institutional shareholders of Fastenal include Bank of New York Mellon Corp (3.79%), Principal Financial Group Inc. (1.19%), Legal & General Group Plc (1.03%) and Envestnet Asset Management Inc. (0.81%). Insiders that own company stock include Daniel L Florness, Michael J Ancius, James C Jansen, Reyne K Wisecup, Daniel L Johnson, Terry Modock Owen, William Joseph Drazkowski, Jeffery Michael Watts, Sheryl Ann Lisowski, Hsenghung Sam Hsu, Sarah N Nielsen, John Lewis Soderberg, Charles S Miller and Anthony Paul Broersma.
View institutional ownership trends
.

How do I buy shares of Fastenal?

Shares of FAST stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Fastenal own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Fastenal investors own include Intel (INTC), Johnson & Johnson (JNJ), Micron Technology (MU), NVIDIA (NVDA), Bank of America (BAC), AbbVie (ABBV) and Cisco Systems (CSCO).

This page (NASDAQ:FAST) was last updated on 9/7/2024 by MarketBeat.com Staff

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