Fastenal Company (FAST)
| Market Cap | 38.64B |
| Revenue (ttm) | 7.38B |
| Net Income (ttm) | 1.16B |
| Shares Out | 572.43M |
| EPS (ttm) | 2.03 |
| PE Ratio | 33.25 |
| Forward PE | 30.10 |
| Dividend | $1.56 (2.31%) |
| Ex-Dividend Date | Apr 24, 2024 |
| Volume | 3,583,460 |
| Open | 68.90 |
| Previous Close | 68.48 |
| Day's Range | 67.37 - 69.18 |
| 52-Week Range | 52.29 - 79.04 |
| Beta | 1.03 |
| Analysts | Hold |
| Price Target | 67.20 (-0.44%) |
| Earnings Date | Apr 11, 2024 |
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, FAST'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 5 analysts, the average rating for FAST stock is "Hold." The 12-month stock price forecast is $67.2, which is a decrease of -0.44% from the latest price.
News
Daily Dividend Report: Lennar, Costco, H.B. Fuller, Fastenal, Conagra
Lennar, one of the nation's leading homebuilders, announced that its Board of Directors has declared a quarterly cash dividend of $0.50 per share for both Class A and Class B common stock payable on M...
Fastenal Stock Slips After Q1 Results Miss Estimates on 'Poor Demand'
Shares of Fastenal (FAST) slipped Thursday as the distributor of fasteners and tools attributed lower-than-expected quarterly results to weakness in the manufacturing sector.
Fastenal Stock Drops After Earnings. The Issue Is ‘Poor Demand.
Fastenal reports first-quarter earnings per share of 52 cents from sales of just under $1.9 billion, missing analysts' estimates on both metrics.
Fastenal Company Reports 2024 First 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 en...
Fastenal Company Announces Cash Dividend
WINONA, Minn.--(BUSINESS WIRE)--Fastenal Company (Nasdaq:FAST) reported its board of directors declared a dividend of $0.39 per share to be paid in cash on May 23, 2024 to shareholders of record at th...
Fastenal Releases 2024 Environmental, Social, and Governance (ESG) Report
WINONA, Minn.--(BUSINESS WIRE)--Fastenal Company (Nasdaq: FAST) is proud to announce the publication of its 2024 ESG Report. The report, which recaps Fastenal's performance and progress in the year en...
Fastenal Company Announces Conference Call to Review 2024 First Quarter Earnings
WINONA, Minn.--(BUSINESS WIRE)--Fastenal Company (Nasdaq:FAST) announced the date and time for its conference call to review 2024 first quarter results, as well as current operations. The conference c...
Trade Tracker: Rob Sechan trims O'Reilly Automotive and buys Fastenal
Rob Sechan, CEO at NewEdge Wealth, joins CNBC's 'Halftime Report' to explain his latest portfolio moves.
Fastenal Receives EcoVadis Silver Medal for Sustainability
WINONA, Minn.--(BUSINESS WIRE)--Fastenal Company (Nasdaq: FAST), a leader in the wholesale distribution of industrial and construction supplies, is proud to announce it has been awarded a silver medal...
Laser Photonics Corporation Enters Distribution Agreement With Fastenal Company for Its Industrial Laser Solutions
ORLANDO, Fla.--(BUSINESS WIRE)--Laser Photonics Corporation (LPC), a leading global industrial developer of CleanTech laser cleaning systems and other material applications, has entered into a distrib...
Stocks This Week: Buy Fastenal And Western Digital
Fastenal Company engages in the wholesale distribution of industrial and construction supplies. The shares rose on the last earnings announcement on January 17th.
Fastenal Stock Jumps More Than 7% to Record High as Sales at Onsite Locations Rise
Shares of Fastenal Co. (FAST) jumped Thursday to an all-time high as the wholesale distributor of construction and industrial products posted better-than-expected results on higher sales and prices.
Fastenal Company Reports 2023 Annual and Fourth 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 an...
Fastenal Company Announces Conference Call to Review 2023 Annual and Fourth Quarter Earnings
WINONA, Minn.--(BUSINESS WIRE)--Fastenal Company (Nasdaq:FAST) announced the date and time for its conference call to review 2023 annual and fourth quarter results, as well as current operations. The ...
Fastenal Shares Surge After Beating Profit Estimates as Onsite Unit Sales Grow
Fastenal (FAST) was the best-performing stock in the S&P 500 on Thursday as shares jumped over 7% after the maker of construction and hardware equipment beat profit estimates on higher unit sales at i...
Fastenal, Broadcom-VMware deal, Hormel Foods: Top Stocks
"Fastenal (FAST) shares rise during Thursday's session after reporting a third-quarter earnings beat. Shares of Broadcom (AVGO) and VMware (VMW) move higher on news that Broadcom's acquisition of the ...
Fastenal's stock flies, but an earnings beat comes with a warning about demand trends
Shares of Fastenal Co. powered higher Thursday toward the best levels seen in 18 months, after the fasteners and tools and janitorial supplies company beat third-quarter profit expectations, with dail...
Fastenal Names New Executive VP of Operations
WINONA, Minn.--(BUSINESS WIRE)--Fastenal Company (Nasdaq: FAST) ("the Company") has appointed Anthony P. Broersma as the Executive Vice President-Operations effective on October 11, 2023. In his new r...
Fastenal stock moves up after it beats earnings estimate by 2 cents a share
Fastenal Co. FAST, +0.29% stock was up 3.4% in premarket trades on Thursday after the construction hardware and equipment company said its third-quarter earnings of 52 cents a share beat the FactSet C...
Fastenal Company Reports 2023 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 en...
Fastenal Company Announces Conference Call to Review 2023 Third Quarter Earnings
WINONA, Minn.--(BUSINESS WIRE)--Fastenal Company (Nasdaq:FAST) announced the date and time for its conference call to review 2023 third quarter results, as well as current operations. The conference c...
Fastenal Launches Operational Trial to Electrify Select Fleet Trucks
WINONA, Minn.--(BUSINESS WIRE)--Fastenal Company (Nasdaq: FAST) has begun an operational trial with e-mobility solutions provider ZEVX™ to convert select pickup trucks in its final-mile delivery fleet...
Fastenal Selects ZEVX for Operational Trial to Electrify Select Fleet Trucks
Industrial Supply Leader Adopts Best-in-Class EV Battery System Technology & Commercial Powertrains to Lower the Environmental Impact of its Fleet and Realize Operational Efficiencies GILBERT, Ariz. ,...
Fastenal Teams with Trex to Turn Used Plastic into Outdoor Building Products
WINONA, Minn.--(BUSINESS WIRE)--One of the environmental, social, and governance (ESG) objectives of Fastenal Company (Nasdaq: FAST) is to reduce consumption and environmental impacts throughout its o...
Fastenal Company Reports 2023 Second 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 en...