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Fastenal Company (FAST)
NASDAQ:FAST
Fastenal Company (FAST) Stock Price & Analysis
1,039 Followers
FAST Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$51.04 - $79.04
Previous Close$68.79
Volume1.93M
Average Volume (3M)4.12M
Market Cap
$39.61B
Enterprise Value$39.97B
Total Cash (Recent Filing)$237.10M
Total Debt (Recent Filing)$483.40M
Price to Earnings (P/E)34.3
Beta0.96
Next Earnings
Jul 12, 2024EPS Estimate
$0.53Next Dividend Ex-Date
Apr 24, 2024Dividend Yield2.08%
Share Statistics
EPS (TTM)2.02
Shares Outstanding572,232,755
10 Day Avg. Volume4,933,182
30 Day Avg. Volume4,119,836
Standard Deviation0.07
R-Squared0.62
Alpha0.00704
Financial Highlights & Ratios
Price to Book (P/B)12.04
Price to Sales (P/S)22.58
Price to Cash Flow (P/CF)28.50
P/FCF Ratio31.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue5.41
Enterprise Value/Gross Profit11.91
Enterprise Value/Ebitda23.42
Forecast
1Y Price Target
$70.00Price Target Upside2.06% Upside
Rating ConsensusHold
Number of Analyst Covering11
Fastenal Company News
PremiumMarket News
QQQ ETF Update, 4/11/2024 
PremiumMarket News
QQQ ETF Update, 4/9/2024 
PremiumMarket News
QQQ ETF Update, 3/22/2024 
Bulls Say, Bears Say
Bulls Say
Market PerformanceMost end markets, products and geographies saw sequential improvement.
Operational ExecutionFAST continues to nicely execute on the controllables, with Onsite signing momentum stepping up and FMI signings exceeding a targeted 100/day threshold for just the second time.
Sales GrowthAnticipate sales/earnings growth inflecting nicely higher based on normal seasonality, other distributor outlooks, and the March PMI/typical FAST lag.
Bears Say
Financial PerformanceFAST reported quarterly results below expectations due to March daily sales weakness and slightly higher SG&A expenses.
Industry TrendsDespite recent sales growth, overall growth remains lackluster due to weak ISM readings and slow US industrial production.
Valuation ConcernsValuation continues to give pause; FAST's premium is currently solidly above normal, near the highs of the past decade.
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Ownership Overview
5.35% Insiders
21.02% Mutual Funds
31.99% Other Institutional Investors
41.63% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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FAST FAQ
What was Fastenal Company’s price range in the past 12 months?
Fastenal Company lowest stock price was $51.04 and its highest was $79.04 in the past 12 months.
What is Fastenal Company’s market cap?
Currently, no data Available
When is Fastenal Company’s upcoming earnings report date?
Fastenal Company’s upcoming earnings report date is Jul 12, 2024 which is in 85 days.
How were Fastenal Company’s earnings last quarter?
Fastenal Company released its earnings results on Apr 11, 2024. The company reported $0.52 earnings per share for the quarter, missing the consensus estimate of $0.53 by -$0.01.
Is Fastenal Company overvalued?
According to Wall Street analysts Fastenal Company’s price is currently Undervalued.
Does Fastenal Company pay dividends?
Fastenal Company pays a Notavailable dividend of $0.39 which represents an annual dividend yield of 2.08%. See more information on Fastenal Company dividends here
What is Fastenal Company’s EPS estimate?
Fastenal Company’s EPS estimate is $0.53.
How many shares outstanding does Fastenal Company have?
Fastenal Company has 572,426,640 shares outstanding.
What happened to Fastenal Company’s price movement after its last earnings report?
Fastenal Company reported an EPS of $0.52 in its last earnings report, missing expectations of $0.53. Following the earnings report the stock price went down -6.503%.
Which hedge fund is a major shareholder of Fastenal Company?
Among the largest hedge funds holding Fastenal Company’s share is Mairs & Power Inc. It holds Fastenal Company’s shares valued at 207M.
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Fastenal Company Stock Smart Score
Neutral
1
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4
5
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7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$70.00 (2.06% Upside)
$70.00 (2.06% Upside)
Blogger Sentiment
Bullish
FAST Sentiment 75%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 686.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $9.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 2.3%
Last 30 Days ▲ 1.1%
Last 30 Days ▲ 1.1%
News Sentiment
Bullish
Bullish news 78%
Bearish news 22%
Bearish news 22%
Technicals
SMA
Positive
20 days / 200 days
Momentum
33.14%
12-Months-Change
Fundamentals
Return on Equity
34.56%
Trailing 12-Months
Asset Growth
-0.97%
Trailing 12-Months
Company Description
Fastenal Company
Incorporated in 1967, Fastenal Co. is a Minnesota-based company, which is engaged in the wholesale distribution of industrial and construction supplies. It offers fasteners, and related industrial and construction supplies under the Fastenal name.
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FAST Company Deck
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FAST Earnings Call
Q1 2024
0:00 / 0:00
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FAST Net sales Breakdown
32.40% Fasteners
21.20% Safety supplies
8.50% Tools
8.40% Janitorial supplies
29.50% Other
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FAST Stock 12 Months Forecast
Average Price Target
$70.00
▲(2.06% Upside)
Technical Analysis
Best Analysts Covering FAST
1 Year
1 Year Success Rate
10/11 ratings generated profit
1 Year Average Return
+24.05%
reiterated a buy rating 3 months ago
Copying John Eade's trades and holding each position for 1 Year would result in 90.91% of your transactions generating a profit, with an average return of +24.05% per trade.
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