Fastenal Company (FAST)
| Market Cap | 40.30B |
| Revenue (ttm) | 7.42B |
| Net Income (ttm) | 1.15B |
| Shares Out | 572.65M |
| EPS (ttm) | 2.02 |
| PE Ratio | 34.84 |
| Forward PE | 31.46 |
| Dividend | $1.56 (2.22%) |
| Ex-Dividend Date | Jul 26, 2024 |
| Volume | 2,963,691 |
| Open | 68.87 |
| Previous Close | 68.67 |
| Day's Range | 68.81 - 70.72 |
| 52-Week Range | 53.83 - 79.04 |
| Beta | 1.00 |
| Analysts | Buy |
| Price Target | 69.29 (-1.53%) |
| Earnings Date | Jul 12, 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 7 analysts, the average rating for FAST stock is "Buy." The 12-month stock price forecast is $69.29, which is a decrease of -1.53% from the latest price.
News
What Fastenal (FAST) Better-Than-Expected Earnings Reveal About the Industrials Sector
Fastenal (FAST) shares move higher after better-than-expected 2Q earnings. Steve Volkmann and Christopher P.
Fastenal Stock Climbs as Sales Rise
Shares of Fastenal (FAST) rose Friday after revenue at the distributor of fasteners, safety supplies, tools, and other commercial products increased because it had more large customers and onsite loca...
Jeff Watts Promoted to President and Chief Sales Officer of Fastenal, Dan Florness to Continue as CEO
WINONA, Minn.--(BUSINESS WIRE)--Fastenal Company (Nasdaq: FAST) (the 'Company' or 'Fastenal') has appointed Jeff Watts, a 28-year Company veteran with deep global sales experience, to the position of ...
Fastenal Company Reports 2024 Second Quarter Earnings
WINONA, Minn.--(BUSINESS WIRE)--Fastenal Company (Nasdaq:FAST) (collectively referred to as 'Fastenal' or by terms such as 'we', 'our', or 'us'), a leader in the wholesale distribution of industrial a...
Fastenal Earnings Are Soon. What They Could Say About the American Economy.
The American manufacturing economy hasn't been booming.
Fastenal Company Announces Cash Dividend
WINONA, Minn.--(BUSINESS WIRE)--Fastenal Company (Nasdaq:FAST) (collectively referred to as 'Fastenal' or by terms such as 'we', 'our', or 'us') reported its board of directors declared a dividend of ...
Fastenal Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Fastenal Company FAST is scheduled to release its financial results for the second quarter, before the opening bell on Friday, July 12.
Fastenal Company Announces Conference Call to Review 2024 Second Quarter Earnings
WINONA, Minn.--(BUSINESS WIRE)--Fastenal Company (Nasdaq:FAST) (collectively referred to as 'Fastenal' or by terms such as 'we', 'our', or 'us') announced the date and time for its conference call to ...
24 Dividend Aristocrats in the stock market with the fastest-growing payouts
At a time when investors expect interest rates to remain high as the Federal Reserve seeks to keep the lid on inflation, dividend stocks may not be dominating the attention of income-seeking investors...
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 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 ...