Fastenal Company (FAST)

NASDAQ: FAST · IEX Real-Time Price · USD
70.45
+0.57 (0.82%)
At close: Apr 12, 2024, 4:00 PM
70.63
+0.18 (0.26%)
Pre-market: Apr 15, 2024, 4:48 AM EDT
0.82%
Market Cap 40.33B
Revenue (ttm) 7.35B
Net Income (ttm) 1.16B
Shares Out 572.43M
EPS (ttm) 2.02
PE Ratio 34.88
Forward PE 31.88
Dividend $1.56 (2.21%)
Ex-Dividend Date Apr 24, 2024
Volume 5,949,366
Open 69.54
Previous Close 69.88
Day's Range 69.25 - 70.97
52-Week Range 52.29 - 79.04
Beta 1.03
Analysts Hold
Price Target 66.25 (-5.96%)
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]

Sector Industrials
Founded 1967
Employees 23,201
Stock Exchange NASDAQ
Ticker Symbol FAST
Full Company Profile

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 Statements

Analyst Forecast

According to 4 analysts, the average rating for FAST stock is "Hold." The 12-month stock price forecast is $66.25, which is a decrease of -5.96% from the latest price.

Price Target
$66.25
(-5.96% downside)
Analyst Consensus: Hold
Stock Forecasts

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...

Other symbols: CAGCOSTFULLEN
3 days ago - Forbes

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.

3 days ago - Investopedia

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.

3 days ago - Barrons

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...

3 days 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 $0.39 per share to be paid in cash on May 23, 2024 to shareholders of record at th...

4 days ago - Business Wire

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...

17 days ago - Business Wire

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...

18 days ago - Business Wire

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.

Other symbols: ORLY
4 weeks ago - CNBC Television

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...

5 weeks ago - Business Wire

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...

5 weeks ago - Business Wire

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.

Other symbols: WDC
2 months ago - Forbes

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.

3 months ago - Investopedia

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...

3 months ago - Business Wire

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 ...

3 months ago - Business Wire

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...

6 months ago - Investopedia

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 ...

Other symbols: AVGOHRLVMW
6 months ago - Yahoo Finance

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...

6 months ago - Market Watch

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...

6 months ago - Business Wire

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...

6 months ago - Market Watch

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...

6 months ago - Business Wire

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...

7 months ago - Business Wire

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...

7 months ago - Business Wire

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. ,...

7 months ago - PRNewsWire

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...

8 months ago - Business Wire

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...

9 months ago - Business Wire