Fastenal Company (FAST)
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]
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 StatementsAnalyst 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.
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 ...

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...

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.

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...

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...

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.

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...

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...

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...

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...

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.

Fastenal Posts Small Earnings Beat. Things Aren't Terrible.
Distributors such as Fastenal are a good real-time read on the manufacturing economy.

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 ...

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...

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 ...

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...

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...

Fastenal Hits $1 Billion in Year-to-Date eCommerce Revenue
WINONA, Minn.

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.

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...

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...

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...

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 ...