Fastenal Company (FAST)
| Market Cap | 42.86B |
| Revenue (ttm) | 7.48B |
| Net Income (ttm) | 1.15B |
| Shares Out | 572.89M |
| EPS (ttm) | 2.02 |
| PE Ratio | 37.08 |
| Forward PE | 35.19 |
| Dividend | $1.56 (2.09%) |
| Ex-Dividend Date | Oct 25, 2024 |
| Volume | 5,008,068 |
| Open | 73.60 |
| Previous Close | 74.03 |
| Day's Range | 73.48 - 75.17 |
| 52-Week Range | 61.33 - 84.88 |
| Beta | 0.99 |
| Analysts | Hold |
| Price Target | 78.36 (+4.73%) |
| Earnings Date | Jan 17, 2025 |
About 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 miscellane... [Read more]
Financial Performance
In 2023, Fastenal Company's revenue was $7.35 billion, an increase of 5.24% compared to the previous year's $6.98 billion. Earnings were $1.16 billion, an increase of 6.27%.
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for FAST stock is "Hold." The 12-month stock price forecast is $78.36, which is an increase of 4.73% from the latest price.
News
Buying No-Brainer Dividends For The 'Best Four Years Ever'
Scott Bessent's predictions for a Trump presidency suggest economic growth, driven by tariffs as a threat, energy expansion, and manufacturing revival. Trump's second term may focus on broad economic ...
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Double-Digit Gains Ahead? Top 2 Stocks Positioned To Outperform
The economic data has been mixed for the last year but remains sufficient to sustain solid GDP growth, indicating growing activity, which is good news for business services companies. Business service...
Why Fastenal Stock Could Hit New Highs After Strong Q3 Results
Fastenal FAST stock has increased more than 250% since 2016 due to customer growth, the growing number of Onsite locations, deepening service penetration, and improving business metrics. The rally in ...
Fastenal Names New Executive Vice President of Strategy and Communications
WINONA, Minn.--(BUSINESS WIRE)--Fastenal Company (Nasdaq: FAST) (herein 'Fastenal') has promoted Donnalee K. Papenfuss to the position of Executive Vice President of Strategy and Communications effect...
High-Quality Dividend Stock Universe: Fastenal Company - In Need Of A Moderate Pullback
Fastenal reported better than expected Q3 earnings, resulting in a 10% jump in stock price. Fastenal has returned more than 51,000% since inception, equating to a CAGR of almost 20%. Earlier this year...
Fastenal Shares Jump After Revenue Rose Despite Hurricane Helene Disruption
Fastenal (FAST) shares were the top gainer in the S&P 500 Friday after the maker of fasteners and other industrial supplies reported increased revenue even as disruptions caused by Hurricane Helene cu...
Fastenal Company (FAST) Q3 2024 Earnings Call Transcript
Fastenal Company (NASDAQ:FAST) Q3 2024 Earnings Call Transcript October 11, 2024 10:00 AM ET Company Participants Taylor Ranta - Accounting Manager Dan Florness - CEO Holden Lewis - CFO Conference Ca...
Fastenal Stock Is Jumping After Earnings Beat. The Quarter Finished Strong.
As the first industrial company to report earnings, its numbers could indicate the strength of the economy.
Fastenal Company Reports 2024 Third Quarter Earnings
WINONA, Minn.--(BUSINESS WIRE)--Fastenal Company (Nasdaq:FAST) (collectively referred to as 'Fastenal' or by terms such as 'we', 'our', or 'us'), a leader in the wholesale distribution of industrial a...
Fastenal Company Announces Cash Dividend
WINONA, Minn.--(BUSINESS WIRE)--Fastenal Company (Nasdaq:FAST) (collectively referred to as 'Fastenal' or by terms such as 'we', 'our', or 'us') reported its board of directors declared a dividend of ...
Fastenal Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Fastenal Company FAST will release earnings results for its third quarter, before the opening bell on Friday, Oct. 11.
Buy 4 October Dividend Aristocrats & Watch 10
"Dividend Aristocrats... in the S&P500 Index… have raised their annual payouts every year for at least 25 consecutive years." -- Kiplinger.com/Investing. 67 Aristocrats, screened as of October 7, 2024...
This Fastenal Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Monday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
Fastenal: Resilience Is Overshadowed By Steep Valuation
Fastenal's growth has temporarily slowed down due to weak industrial activity, and a weak PMI still looks to pressure growth in Q3. Despite the weaker growth, Fastenal's margins have remained resilien...
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Fastenal Company Announces Conference Call to Review 2024 Third Quarter Earnings
WINONA, Minn.--(BUSINESS WIRE)--Fastenal Company (Nasdaq:FAST) (collectively referred to as 'Fastenal' or by terms such as 'we', 'our', or 'us') announced the date and time for its conference call to ...
Fastenal: Strong Business Model, but Little Margin of Safety
Generally, when investing in stocks we look for companies with strong brand power, differentiation and significant barriers to entry. This is not the case with Fastenal Co. (FAST, Financial).
4 Factor Dividend Growth Strategy: A Speed Bump On The Home Stretch
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What Fastenal (FAST) Better-Than-Expected Earnings Reveal About the Industrials Sector
Fastenal (FAST) shares move higher after better-than-expected 2Q earnings. Steve Volkmann and Christopher P.
Fastenal Company (FAST) Q2 2024 Earnings Call Transcript
Fastenal Company (NASDAQ:FAST) Q2 2024 Earnings Conference Call July 12, 2024 10:00 AM ET Company Participants Taylor Ranta - Financial Reporting & Regulatory Compliance Manager Daniel Florness - Pre...
Fastenal Q2 Earnings: Stock Fairly Valued As Manufacturing Outlook Remains Soft
Fastenal just reported Q2 results which came within expectations. Shares have fallen in recent months, underperforming broader markets, as well as the sector ETF. Continuing softness in the manufactur...