Fastenal Company (FAST)

NASDAQ: FAST · Real-Time Price · USD
76.09
+0.01 (0.01%)
At close: Jan 21, 2025, 4:00 PM
76.42
+0.33 (0.43%)
After-hours: Jan 21, 2025, 7:54 PM EST
0.01%
Market Cap 43.62B
Revenue (ttm) 7.55B
Net Income (ttm) 1.15B
Shares Out 573.32M
EPS (ttm) 2.00
PE Ratio 38.05
Forward PE 35.14
Dividend $1.56 (2.05%)
Ex-Dividend Date Oct 25, 2024
Volume 4,323,795
Open 76.22
Previous Close 76.08
Day's Range 75.90 - 77.72
52-Week Range 61.36 - 84.88
Beta 1.01
Analysts Hold
Price Target 78.00 (+2.51%)
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]

Sector Industrials
Founded 1967
Employees 23,201
Stock Exchange NASDAQ
Ticker Symbol FAST
Full Company Profile

Financial Performance

In 2024, Fastenal Company's revenue was $7.55 billion, an increase of 2.71% compared to the previous year's $7.35 billion. Earnings were $1.15 billion, a decrease of -0.38%.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for FAST stock is "Hold." The 12-month stock price forecast is $78.0, which is an increase of 2.51% from the latest price.

Price Target
$78.0
(2.51% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Fastenal Company (FAST) Q4 2024 Earnings Call Transcript

Fastenal Company (NASDAQ:FAST) Q4 2024 Earnings Call Transcript January 17, 2025 10:00 AM ET Company Participants Taylor Ranta - Accounting Manager Dan Florness - CEO Holden Lewis - CFO Conference Ca...

4 days ago - Seeking Alpha

S&P 500 Gains 1%; Fastenal Posts Downbeat Earnings

U.S. stocks traded higher midway through trading, with the S&P 500 gaining around 1% on Friday.

4 days ago - Benzinga

Fastenal Stock Drops as 'Soft Manufacturing Environment' Hits Q4 Results

Shares of Fastenal (FAST) stumbled in premarket trading Friday after the industrial parts company's fourth-quarter results came in short of what analysts had expected.

4 days ago - Investopedia

Fastenal Company Reports 2024 Annual and Fourth 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...

4 days ago - Business Wire

Manufacturing Earnings Are Coming. There's Reason for Hope.

For Fastenal's fourth quarter, Wall Street is looking for earnings per share of 48 cents from sales of $1.8 billion.

5 days ago - Barrons

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 ...

5 days ago - Business Wire

Fastenal Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Fastenal Company FAST will release its fourth-quarter financial results, before the opening bell, on Friday, Jan. 17, 2025.

5 days ago - Benzinga

The Setup: Taiwan Semi, Fastenal and UnitedHealth

The Investment Committee previews this week's market earnings. Don't miss their expert analysis!

Other symbols: TSMUNH
6 days ago - CNBC Television

How To Earn $500 A Month From Fastenal Stock Ahead Of Q4 Earnings

Fastenal Company FAST will release its fourth-quarter financial results, before the opening bell, on Friday, Jan. 17, 2025.

8 days ago - Benzinga

Fastenal Company Announces Conference Call to Review 2024 Annual and Fourth 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 ...

18 days ago - Business Wire

Fastenal: An Excellent Dividend Paying Stock, But Valuation Is Rich

Fastenal has a robust dividend growth history, increasing dividends for 25 consecutive years, and a strong long-term track record of revenue and earnings growth. Shares are currently overvalued, tradi...

24 days ago - Seeking Alpha

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 ...

Other symbols: APHEPDETIEXKMIKRPLB
6 weeks ago - Seeking Alpha

These Stocks Could Get Big Post-Election Bumps Through the Holidays

Several small and mid-sized banks may get a lift from all the money flowing into index ETFs.

Other symbols: CATYSTBAVYX
2 months ago - Barrons

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...

Other symbols: CTAS
2 months ago - Benzinga

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 ...

3 months ago - Benzinga

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...

3 months ago - Business Wire

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...

3 months ago - Seeking Alpha

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...

3 months ago - Investopedia

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...

3 months ago - Seeking Alpha

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.

3 months ago - Barrons

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...

3 months ago - Business Wire

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.

3 months ago - Benzinga

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...

Other symbols: ADMAMCRBENCVXEDFRTGPC
3 months ago - Seeking Alpha

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.

3 months ago - Benzinga

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...

3 months ago - Seeking Alpha