Fastenal/FAST

$64.45

-0.47%
-
1D1W1MYTD1YMAX

About Fastenal

Fastenal Company is engaged in the wholesale distribution of industrial and construction supplies. The Company is a distributor of threaded fasteners, bolts, nuts, screws, studs, and related washers, as well as miscellaneous supplies and hardware, such as pins, machinery keys, concrete anchors, metal framing systems, wire rope, struts, rivets, and related accessories. Its business tools include Fastenal Managed Inventory (FMI), Bin stock (FASTStock and FASTBin) and Industrial vending (FASTVend). It also invests in digital solutions that aim to deliver value for its customers, leverage local inventory for same-day solutions, and provide service. Its customers are in the manufacturing and non-residential construction markets. It serves general and commercial contractors in non-residential end markets as well as farmers, truckers, railroads, oil exploration companies, oil production and refinement companies, mining companies, federal, state, and local governmental entities, and others.

Ticker

FAST

Sector

Industrials

Trading on

NASDAQ

Industry

Misc. Fabricated Products

CEO

Daniel Florness

Employees

20,935

Headquarters

Winona, United States

Fastenal Metrics

BasicAdvanced
$37B
Market cap
32.08
P/E ratio
$2.02
EPS
1.00
Beta
$1.44
Dividend rate
2.41%
Dividend yield
$37B
1.00289
$79.04
$52.53
3.5M
$1.44
4.834
2.488
5.832
5.832
89.86%
358.925
423.78%
25.41%
34.56%
30.43%
32.075
5.022
10.812
10.812
247.683
2.16%
2.22%
2.41%
3.46%
4.25%
9.17%
10.54%
11.87%

What the Analysts think about Fastenal

Analyst Ratings

Majority rating from 16 analysts.
Hold

Price Targets

Average projection from 8 analysts.
7.73% upside
High $85.00
Low $62.00
$64.45
Current price
$69.43
Average price target

Fastenal Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
15.7% profit margin
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$1.9B
7.76%
Net income
$298M
11.75%
Profit margin
15.7%
3.7%

Fastenal Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 1.42%
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$0.52
$0.52
$0.46
$0.52
-
Expected
$0.53
$0.50
$0.45
$0.53
$0.53
Surprise
-1.49%
3.4%
1.88%
-1.42%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

Upcoming events

FAQs

What’s the current market cap for Fastenal stock?

Fastenal (FAST) has a market cap of $37B as of May 30, 2024.

What is the P/E ratio for Fastenal stock?

The price to earnings (P/E) ratio for Fastenal (FAST) stock is 32.08 as of May 30, 2024.

Does Fastenal stock pay dividends?

Yes, the Fastenal (FAST) stock pays dividends to shareholders. As of May 30, 2024, the dividend rate is $1.44 and the yield is 2.41%. Fastenal has a payout ratio of 89.86% on a trailing twelve-month basis.

When is the next Fastenal dividend payment date?

The next Fastenal (FAST) dividend payment date is unconfirmed.

What is the beta indicator for Fastenal?

Fastenal (FAST) has a beta rating of 1. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Fastenal stock price target?

The target price for Fastenal (FAST) stock is $69.43, which is 7.73% above the current price of $64.45. This is an average based on projections from 8 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

Buy or sell Fastenal stock

Buy or sell Fastenal stock

Stocks, funds and up to 4.50% interest earned on uninvested cash. When you invest, your capital is at risk.
Start investing