Fastenal Company (FAST)

NASDAQ: FAST · IEX Real-Time Price · USD
55.32
-0.05 (-0.10%)
Jun 5, 2023, 1:33 PM EDT - Market open
-0.1%
Market Cap 31.65B
Revenue (ttm) 7.14B
Net Income (ttm) 1.11B
Shares Out 571.04M
EPS (ttm) 1.95
PE Ratio 28.39
Forward PE 25.97
Dividend $1.40 (2.53%)
Ex-Dividend Date Apr 26, 2023
Volume 1,443,810
Open 55.55
Previous Close 55.37
Day's Range 55.26 - 55.81
52-Week Range 43.73 - 56.65
Beta 1.17
Analysts Hold
Price Target 51.75 (-6.61%)
Earnings Date Jul 13, 2023

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... [Read more]

Sector Industrials
Founded 1967
Employees 22,386
Stock Exchange NASDAQ
Ticker Symbol FAST
Full Company Profile

Financial Performance

In 2022, FAST's revenue was $6.98 billion, an increase of 16.13% compared to the previous year's $6.01 billion. Earnings were $1.09 billion, an increase of 17.50%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for FAST stock is "Hold." The 12-month stock price forecast is $51.75, which is a decrease of -6.61% from the latest price.

Price Target
$51.75
(-6.61% downside)
Analyst Consensus: Hold
Stock Forecasts

News

3 High-Quality Stalwarts With Stellar GF Scores

There are plenty of large-cap stocks on the market which may look impressive based on their track records, but which have pretty much already finished growing, whether it be because they have already ...

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1 month ago - GuruFocus

Fastenal Is At A Critical Turning Point

Fastenal's (NASDAQ: FAST) Q1 report is lackluster, but investors should take the report's details to heart. The company made several mentions of the supply chain that included words like stable, stabi...

1 month ago - MarketBeat

Fastenal Earnings Beat Expectations. It Could Be a Bellwether for U.S. Industry.

Inflation is falling, profit margins are stable, earnings look fine. An early earnings report from a key industrial player should help calm investors' nerves.

1 month ago - Barrons
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Fastenal Company Reports 2023 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...

1 month ago - Business Wire

Fastenal Company Announces Cash Dividend

WINONA, Minn.--(BUSINESS WIRE)--Fastenal Company (Nasdaq:FAST) reported its board of directors declared a dividend of $0.35 per share to be paid in cash on May 25, 2023 to shareholders of record at th...

1 month ago - Business Wire

3 April Earnings Plays for Bullish Swing Traders

If you're a stock trader, it's also a time to put on the thinking cap. First quarter earnings season is upon us — which means plenty of opportunities for new portfolio growth.

Other symbols: BLKDAL
2 months ago - MarketBeat

Fastenal Company Announces Conference Call to Review 2023 First Quarter Earnings

WINONA, Minn.--(BUSINESS WIRE)--Fastenal Company (Nasdaq:FAST) announced the date and time for its conference call to review 2023 first quarter results, as well as current operations. The conference c...

2 months ago - Business Wire

Fastenal: A Strong and Steady Stalwart Stock

Do you invest like Goldilocks, looking for stocks that are neither too hot or too cold but just right? That is what the GuruFocus Stalwarts screener seeks to do - find stocks that hit the sweet spot b...

2 months ago - GuruFocus
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Is Fastenal Setting Up a Furious Flag Breakout?

The stock of industrial and construction supplies wholesaler Fastenal (NASDAQ: FAST) may set up a weekly bull flag breakout. The business of selling boring but essential components like bolts, nuts, s...

2 months ago - MarketBeat

Fastenal Names New Executive VP of Human Resources

WINONA, Minn.--(BUSINESS WIRE)--Fastenal Company (Nasdaq: FAST) has appointed Noelle J. Oas, JD, as executive vice president of human resources (HR). In her new role, she will oversee several teams th...

3 months ago - Business Wire

More Than One Reason To Buy Fastenal, Quickly

Fastenal beat on the top and bottom lines but, more importantly, it announced the 25th consecutive dividend increase earning it Dividend Aristocrat status.

4 months ago - MarketBeat

Fastenal Posts Small Earnings Beat. Things Aren't Terrible.

Distributors such as Fastenal are a good real-time read on the manufacturing economy.

4 months ago - Barrons

Fastenal Company Reports 2022 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 ...

4 months ago - Business Wire
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Fastenal Company Announces Cash Dividend and Share Repurchase Activity

WINONA, Minn.--(BUSINESS WIRE)--Fastenal Company (Nasdaq:FAST) reported its board of directors declared a dividend of $0.35 per share to be paid in cash on March 2, 2023 to shareholders of record at...

4 months ago - Business Wire

Fastenal Surpasses $1 Billion in Sales Outside the United States

WINONA, Minn.--(BUSINESS WIRE)--In late September 1994, Fastenal opened a sales branch in Stoney Creek, Ontario, Canada. It had just two employees and around $1,800 in first-month sales, but it was ...

4 months ago - Business Wire

Fastenal Releases Inaugural Environmental, Social, and Governance (ESG) Report

WINONA, Minn.--(BUSINESS WIRE)--Fastenal Company (Nasdaq: FAST) is proud to announce the publication of its inaugural ESG Report. The report, which recaps Fastenal's progress in various environmenta...

4 months ago - Business Wire

These 15 Dividend Aristocrat stocks have been the best income builders

The S&P Dividend Aristocrats deserve more coverage.

5 months ago - Market Watch

Fastenal Company Announces Conference Call to Review 2022 Annual and Fourth Quarter Earnings

WINONA, Minn.--(BUSINESS WIRE)--Fastenal Company (Nasdaq:FAST) announced the date and time for its conference call to review 2022 annual and fourth quarter results, as well as current operations. Th...

5 months ago - Business Wire

Fastenal Hits $1 Billion in Year-to-Date eCommerce Revenue

WINONA, Minn.

7 months ago - Business Wire

Fastenal Discloses Some Good News About Inflation as Earnings Top Estimates

The industrial distributor reports earnings of 50 cents a share on sales of $1.8 billion, higher than analysts' estimates.

8 months ago - Barrons

Fastenal profit and sales rise above expectations, while price levels remained 'stable'

Shares of Fastenal Co. FAST, -1.53% fell 1.2% in premarket trading Thursday, even after the industrial and construction supplies distributor reported third-quarter profit and sales that rose above exp...

8 months ago - Market Watch

Fastenal Company Reports 2022 Third Quarter Earnings

WINONA, Minn.

8 months ago - Business Wire

CEOs Are Loading Up on These 3 S&P 500 Stocks

When the stock price of a company falls, it could either indicate a value opportunity or a value trap. It can be difficult to tell the difference, which means value investors have our work cut out for...

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8 months ago - GuruFocus

Fastenal Company Announces Conference Call to Review 2022 Third Quarter Earnings

WINONA, Minn.--(BUSINESS WIRE)--Fastenal Company (Nasdaq:FAST) announced the date and time for its conference call to review 2022 third quarter results, as well as current operations. The conference c...

8 months ago - Business Wire

Fastenal Stock By the Numbers

Fastenal (NASDAQ: FAST) is the largest distributor in North America of industrial safety and construction supplies, and also offers third-party logistics. Sales and estimates came in strong as demand ...

11 months ago - MarketBeat