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Fastenal Company (FAST)
NASDAQ:FAST
Holding FAST?
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FAST Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$59.47 - $84.88
Previous Close$83.75
Volume2.01M
Average Volume (3M)2.65M
Market Cap
$47.98B
Enterprise Value$48.21B
Total Cash (Recent Filing)$292.20M
Total Debt (Recent Filing)$526.80M
Price to Earnings (P/E)41.6
Beta0.93
Next Earnings
Jan 17, 2025EPS Estimate
$0.48Last Dividend Ex-Date
Oct 25, 2024Dividend Yield1.88%
Share Statistics
EPS (TTM)2.01
Shares Outstanding572,886,495
10 Day Avg. Volume2,497,833
30 Day Avg. Volume2,649,993
Standard Deviation0.07
R-Squared0.53
Alpha0.00594
Financial Highlights & Ratios
Price to Book (P/B)13.03
Price to Sales (P/S)6.25
Price to Cash Flow (P/CF)39.40
P/FCF Ratio49.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.45
Enterprise Value/Gross Profit14.37
Enterprise Value/Ebitda28.40
Forecast
1Y Price Target
$85.13Price Target Upside1.22% Upside
Rating ConsensusHold
Number of Analyst Covering9
Fastenal Company News
PremiumCompany Announcements
Fastenal Appoints New Executive VP for Strategy
Bulls Say, Bears Say
Bulls Say
Improved Sales PerformanceSeptember daily sales beat typical seasonality by ~150 bps despite an estimated ~45 bps headwind from Hurricane Helene late in the month, a potential tailwind into October.
Revenue Growth StrategyManagement foreshadowed an April Investor Day where Fastenal intends to reveal how the company can add $1 billion in revenue per year.
US Reshoring BenefitsFastenal is seen as an under-appreciated beneficiary of US reshoring, which could positively impact its future performance.
Bears Say
Financial PerformanceFastenal revenue was 1% above forecast, but gross margins of 44.9% were below forecast due to lower supplier rebates and higher import duties related to Mexico.
Market ExpectationsThe October seasonal miss may raise skepticism about Fastenal's turnaround efforts, which have previously driven the company's valuation higher.
Sales PerformanceNon-residential construction sales were negative again at -4.9%.
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Ownership Overview
0.18% Insiders
20.45% Mutual Funds
14.70% Other Institutional Investors
33.73% 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 $59.47 and its highest was $84.88 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 Jan 17, 2025 which is in 51 days.
How were Fastenal Company’s earnings last quarter?
Fastenal Company released its earnings results on Oct 11, 2024. The company reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.513 by $0.007.
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 1.88%. See more information on Fastenal Company dividends here
What is Fastenal Company’s EPS estimate?
Fastenal Company’s EPS estimate is $0.48.
How many shares outstanding does Fastenal Company have?
Fastenal Company has 572,886,500 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, beating expectations of $0.513. Following the earnings report the stock price went up 9.752%.
Which hedge fund is a major shareholder of Fastenal Company?
Among the largest hedge funds holding Fastenal Company’s share is Provident Trust Co. It holds Fastenal Company’s shares valued at 198M.
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Fastenal Company Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$85.13 (1.22% Upside)
$85.13 (1.22% Upside)
Blogger Sentiment
Bullish
FAST Sentiment 100%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 38.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $27.5M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 0.9%
Last 30 Days ▲ 5.0%
Last 30 Days ▲ 5.0%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
41.36%
12-Months-Change
Fundamentals
Return on Equity
32.70%
Trailing 12-Months
Asset Growth
3.08%
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
Q3 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 Month Forecast
Average Price Target
$85.13
▲(1.22% Upside)
Technical Analysis
Best Analysts Covering FAST
1 Year
1 Year Success Rate
10/10 ratings generated profit
1 Year Average Return
+30.12%
reiterated a buy rating 10 months ago
Copying John Eade's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +30.12% per trade.
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