Fastenal Company (FAST)

NASDAQ: FAST · IEX Real-Time Price · USD
54.56
+0.13 (0.24%)
Aug 11, 2022 4:00 PM EDT - Market closed
0.24%
Market Cap 31.35B
Revenue (ttm) 6.57B
Net Income (ttm) 1.03B
Shares Out 574.68M
EPS (ttm) 1.78
PE Ratio 30.65
Forward PE 28.74
Dividend $1.21 (2.22%)
Ex-Dividend Date Jul 26, 2022
Volume 2,801,256
Open 54.48
Previous Close 54.43
Day's Range 54.30 - 55.12
52-Week Range 45.68 - 64.75
Beta 1.21
Analysts Hold
Price Target 49.40 (-9.5%)
Earnings Date Jul 13, 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... [Read more...]

Industry Trading Companies & Distributors
Founded 1967
CEO Daniel Florness
Employees 19,523
Stock Exchange NASDAQ
Ticker Symbol FAST
Full Company Profile

Financial Performance

In 2021, FAST's revenue was $6.01 billion, an increase of 6.44% compared to the previous year's $5.65 billion. Earnings were $925.00 million, an increase of 7.67%.

Financial Statements

Analyst Forecast

According to 20 analysts, the average rating for FAST stock is "Hold." The 12-month stock price forecast is 49.4, which is a decrease of -9.46% from the latest price.

Price Target
$49.4
(-9.46% downside)
Analyst Consensus: Hold
Stock Forecasts

News

Infrastructure Stocks Fall With Earnings Due After Subcontractor Giant Jacobs Guides Low

Earnings from KBR, Fluor and Quanta are on deck. But infrastructure stocks fell Monday after subcontracting giant Jacobs guided low.

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Fastenal (FAST) Q2 Earnings Meet, Revenues Lag, Shares Dip

Fastenal (FAST) reports higher Q2 earnings and revenues on the back of strong demand for manufacturing and construction equipment. Shares drop as revenues miss analysts' expectation.

2 Loyal Payers Announce Dividends

Marsh & McLennan Companies Inc. ( MMC , Financial) and Fastenal Co ( FAST , Financial) recently announced their next dividends. Dividend investors could be interested in these stocks, as they have been ...

Other symbols: MMC

Fastenal (FAST) Stock Falls 6% Following Q2 Earnings

On the surface, Fastenal's new Q2 data doesn't seem to indicate any major problems. Still, traders are dumping FAST stock.

Fastenal Stock Tumbles After Mixed Q2 Shows Inflation Starting To Hurt Demand

While Fastenal earnings were in line with views, revenue fell slightly short. Fastenal stock gapped down to a new low.

Fastenal Shares Slide After Q2 Results, Clocks 18% Sales Growth

Fastenal Co (NASDAQ: FAST) reported second-quarter FY22 sales growth of 18% year-over-year to $1.78 billion, marginally below the consensus of $1.79 billion. Fastenal's net daily sales also increased by...

Fastenal (FAST) Meets Q2 Earnings Estimates

Fastenal (FAST) delivered earnings and revenue surprises of 0% and 0.77%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Fastenal stock falls as revenue comes up a bit shy, even as price increases boosted growth by up to 6.9%

Shares of Fastenal Co. FAST, -1.01% fell 2.0% in premarket trading Wedneday, after the maker of fasteners, tools and other manufacturing supplies reported second-quarter profit that matched expectations...

Fastenal Company Reports 2022 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 ende...

Fastenal Company Announces Cash Dividend and New Share Repurchase Authorization

WINONA, Minn.--(BUSINESS WIRE)--Fastenal Company (Nasdaq:FAST) reported its board of directors declared a dividend of $0.31 per share to be paid in cash on August 24, 2022 to shareholders of record at t...

Fastenal Q2 Preview: Can Shares Find New Life?

Fastenal shares have undergone a double-digit valuation slash in 2022, retreating more than 20% in value and slightly underperforming the general market.

Fastenal (FAST) Reports Next Week: Wall Street Expects Earnings Growth

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.

Here's Why Fastenal (FAST) is a Strong Growth Stock

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7 Growth Stocks to Buy in July 2022

The severe macroeconomic climate has led investors toward defensive plays, creating buy opportunities in the following growth stocks. The post 7 Growth Stocks to Buy in July 2022 appeared first on Inves...

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Fastenal Company Announces Conference Call to Review 2022 Second Quarter Earnings

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

7 Retirement Stocks to Buy in Unexpected Sectors

Despite being in more cyclical sectors, company-specific strengths outweigh uncertainties with these seven unconventional retirement stocks. The post 7 Retirement Stocks to Buy in Unexpected Sectors app...

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Fastenal's (FAST) Average Daily Sales Increase 17.6% in May

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

Fastenal (FAST) Looks Well Poised: Time to Invest in Stock

Higher manufacturing and construction demand, cost control, virtual focus along with its commitment to reward shareholders are encouraging for Fastenal (FAST).

Why Is Fastenal (FAST) Down 6.8% Since Last Earnings Report?

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

5 Quality Stocks With High GF Scores and Momentum

In light of U.S. markets gyrating up and down during the final week of April, five high-quality stocks with high GF Scores and momentum ranks include Apple Inc. ( AAPL , Financial), Alphabet Inc. ( GOOG...

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Deep Dive: Dividend Aristocrat stocks can help you keep ahead of inflation. These 15 take top prizes for raising payo...

Some investors are interested in stocks that pay high dividend yields for a source of income. Others believe it is better to focus on total returns over long periods.

Fastenal (FAST) Recently Broke Out Above the 20-Day Moving Average

When a stock breaks out above the 20-day simple moving average, good things could be on the horizon. How should investors react?

Fastenal Secures Its Supply Chain in 2022

Sales, profit margins, and earnings all surge -- but so too do inventories. Is that a good thing or a bad thing?

Fastenal (FAST) Shares Rise on Q1 Earnings & Revenues Beat

Fastenal (FAST) reports higher Q1 earnings and revenues on the back of strong demand for manufacturing and construction equipment.

Daily Dividend Report: Qualcomm, Caterpillar, Realty Income, Cintas, Fastenal

Daily Dividend Report: Qualcomm, Caterpillar, Realty Income, Cintas, Fastenal

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