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Fastenal Company (FAST)

NASDAQ: FAST · IEX Real-Time Price · USD
56.05 -0.05 (-0.09%)
Oct 22, 2021 4:00 PM EDT - Market closed
Market Cap32.24B
Revenue (ttm)5.84B
Net Income (ttm)889.90M
Shares Out575.00M
EPS (ttm)1.54
PE Ratio36.40
Forward PE32.15
Dividend$1.09 (1.94%)
Ex-Dividend DateOct 25, 2021
Volume1,838,805
Open56.29
Previous Close56.10
Day's Range56.02 - 56.60
52-Week Range41.53 - 56.60
Beta1.26
AnalystsHold
Price Target52.89 (-5.6%)
Est. Earnings DateJan 19, 2022

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, which are used in manufactured products and construction projects, as well as in the maintenance and repair of machines. It also offers miscella...

IndustryTrading Companies & Distributors
Founded1967
CEODaniel Florness
Employees17,860
Stock ExchangeNASDAQ
Ticker SymbolFAST
Full Company Profile

Financial Performance

In 2020, Fastenal's revenue was $5.65 billion, an increase of 5.88% compared to the previous year's $5.33 billion. Earnings were $859.10 million, an increase of 8.62%.

Financial Statements

Analyst Forecast

According to 17 analysts, the average rating for Fastenal stock is "Hold." The 12-month stock price forecast is 52.89, which is a decrease of -5.64% from the latest price.

Price Target
$52.89
(-5.64% downside)
Analyst Consensus: Hold

News

Momentum From Recent Rally To Drive Fastenal Stock Higher?

Fastenal Company stock (NASDAQ: FAST) has gained almost 6% in the past week and currently trades at $55 per share. Additionally, Fastenal, a supply chain solutions provider, has seen its stock gain more...

5 days ago - Forbes

Fastenal is Yahoo Finance Plus' investment idea of the day

Yahoo Finance's Jared Blikre reports details on Yahoo Finance's Investment idea of the day. Don't Miss: Valley of Hype: The Culture That Built Elizabeth Holmes WATCH HERE: https://youtu.be/Sb179GLPNYE W...

1 week ago - Yahoo Finance

Should You Buy the Big Banks Ahead of Earnings?

A number of big banks will release their earnings results this week, “officially” kicking off earnings season. Should investors be buying?

Other symbols:BACCJPMWFC
1 week ago - InvestorPlace

Fastenal (FAST) Q3 Earnings Beat, Margins Up on Solid Demand

Fastenal (FAST) reports year-over-year higher earnings on the back of strong demand for manufacturing and construction equipment.

1 week ago - Zacks Investment Research

Fastenal (FAST) Q3 Earnings and Revenues Surpass Estimates

Fastenal (FAST) delivered earnings and revenue surprises of 2.44% and 1.05%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

1 week ago - Zacks Investment Research

Fastenal Clocks 10% Sales Growth In Q3; Warns On Cost Inflation

Fastenal Company (NASDAQ: FAST) reported third-quarter FY21 sales growth of 10% year-over-year to $1.55 billion, beating the consensus of $1.54 billion. EPS improved to $0.42 from $0.38 in 3Q20, in line...

1 week ago - Benzinga

Fastenal Company Reports 2021 Third Quarter Earnings

WINONA, Minn.--(BUSINESS WIRE)--Fastenal Company (Nasdaq:FAST), a leader in the wholesale distribution of industrial and construction supplies, today announced its financial results for the quarter ende...

1 week ago - Business Wire

Markets Still Seeking Equilibrium

Markets fought bravely into the green following a soft open to start a new trading week, only to slide to session lows right at the close.

Other symbols:DALJPMLUVSPY
1 week ago - Zacks Investment Research

Fastenal Company Announces Cash Dividend

WINONA, Minn.--(BUSINESS WIRE)--Fastenal Company (Nasdaq:FAST) reported its board of directors declared a dividend of $0.28 per share to be paid in cash on November 23, 2021 to shareholders of record at...

1 week ago - Business Wire

Earnings Outlook For Fastenal

FAST is set to give its latest quarterly earnings report on Tuesday , 2021-10-12. Here's what investors need to know before the announcement.

1 week ago - Benzinga

3 Stocks to Avoid This Week

These investments seem pretty vulnerable right now.

Other symbols:HOODRENN
1 week ago - The Motley Fool

What Will Q3 Bank Earnings Show?

The Zacks Major Banks industry's Q3 earnings are expected to be up +11.2% on +2.5% higher revenues.

2 weeks ago - Zacks Investment Research

Fastenal (FAST) to Post Q3 Earnings: What's in the Offing?

Fastenal's (FAST) Q3 results are likely to reflect solid demand from manufacturing and construction amid inflationary pressures.

2 weeks ago - Zacks Investment Research

Fastenal (FAST) Earnings Expected to Grow: Should You Buy?

Fastenal (FAST) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 weeks ago - Zacks Investment Research

Fastenal Company Announces Conference Call to Review 2021 Third Quarter Earnings

WINONA, Minn.--(BUSINESS WIRE)--Fastenal Company (Nasdaq:FAST) announced the date and time for its conference call to review 2021 third quarter results, as well as current operations. The conference cal...

3 weeks ago - Business Wire

10 Expensive Stocks to Steer Clear Of

Expensive stocks with mediocre growth prospects can drop the most when the whole market starts to slide. These 10 stocks could be at high risk.

1 month ago - Kiplinger

Fastenal's (FAST) Average Daily Sales Increase 9% in August

Fastenal's (FAST) August average daily sales growth rate moderate sequentially.

1 month ago - Zacks Investment Research

Fastenal (FAST) is a Top-Ranked Growth Stock: Should You Buy?

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

1 month ago - Zacks Investment Research

Fastenal (FAST) Up 22.4% Over a Year: Will it Gain Further?

Fastenal (FAST) is likely to benefit from solid industry trends, strong industrial vending business and onsite locations.

1 month ago - Zacks Investment Research

If You Like Dividends, You Should Love These 3 Stocks

These stocks pay nice dividends, but there are two other related factors that make them great stocks to own.

Other symbols:AYHD
2 months ago - The Motley Fool

Fastenal (FAST) Up 4.6% Since Last Earnings Report: Can It Continue?

Fastenal (FAST) reported earnings 30 days ago. What's next for the stock?

2 months ago - Zacks Investment Research

Fastenal Teams With Penske to Pilot Freightliner Electric Tractor

WINONA, Minn.--(BUSINESS WIRE)--As the commercial trucking industry moves forward in developing alternative fuel equipment, Fastenal is helping to drive innovation. Since early 2020, the supply chain or...

2 months ago - Business Wire

Pandemic or Not, These 4 Home Improvement Stocks Look Strong

Home improvements retailers like Home Depot (HD), Beacon Roofing (BECN), Builders FirstSource (BLDR) and Fastenal (FAST) are gaining from consumers' inclination toward renovation projects.

Other symbols:BECNBLDRHD
3 months ago - Zacks Investment Research

Fastenal (FAST) Q2 Earnings & Sales Top, Margins Up, Stock Down

Fastenal (FAST) reports soft PPE and sanitation products sales in second-quarter 2021.

3 months ago - Zacks Investment Research

Daily Dividend Report: Conagra Brands, Fastenal, Baxter International, AON, Duke Energy

The Company's new quarterly dividend payment of $0.3125 per share of Conagra common stock will be paid on September 2, 2021 to stockholders of record as of the close of business on August 3, 2021.

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3 months ago - Forbes