FAST - Fastenal Company

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
-0.60 (-1.45%)
At close: 4:00PM EDT

40.66 0.00 (0.00%)
After hours: 4:43PM EDT

Stock chart is not supported by your current browser
Gain actionable insight from technical analysis on financial instruments, to help optimize your trading strategies
Chart Events
Bullishpattern detected


Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
Previous Close41.26
Bid40.35 x 4000
Ask40.95 x 800
Day's Range40.53 - 41.38
52 Week Range26.72 - 41.45
Avg. Volume5,887,014
Market Cap23.291B
Beta (5Y Monthly)1.14
PE Ratio (TTM)29.25
EPS (TTM)1.39
Earnings DateJul 14, 2020
Forward Dividend & Yield1.00 (2.42%)
Ex-Dividend DateApr 27, 2020
1y Target Est36.17
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
Near Fair Value
7% Est. Return
Research that delivers an independent perspective, consistent methodology and actionable insight
Related Research
View more
  • Top Industrial Stocks for June 2020

    Top Industrial Stocks for June 2020

    The industrial sector includes companies that produce machinery, equipment, and supplies that are used in construction and manufacturing, as well as providing related services. Well-known companies in this group include Honeywell International Inc. (HON), Lockheed Martin Corp. (LMT), and 3M Co. (MMM). The industrial sector also includes companies that provide air transportation services such as American Airlines Group Inc. (AAL).

  • Earnings Estimates Rising for Fastenal (FAST): Will It Gain?

    Earnings Estimates Rising for Fastenal (FAST): Will It Gain?

    Fastenal (FAST) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

  • Here's Why Investors Should Hold on to Fastenal Stock Now?

    Here's Why Investors Should Hold on to Fastenal Stock Now?

    Fastenal (FAST) is benefiting from the strong industrial vending business and onsite locations. However, slower end-market demand and coronavirus impacts are raising concern.

  • Quality Characteristics and Competition

    Quality Characteristics and Competition

    Great investments find ways to create quality that sometimes can't be measured by numbers alone Continue reading...

  • David Rolfe Curbs Fastenal Holding, Buys 3 Stocks in 1st Quarter

    David Rolfe Curbs Fastenal Holding, Buys 3 Stocks in 1st Quarter

    Guru also trimmed Booking Holdings and Apple positions Continue reading...

  • Wedgewood Partners Cuts Fastenal, Alphabet, Visa

    Wedgewood Partners Cuts Fastenal, Alphabet, Visa

    Firm's largest sales of the 1st quarter Continue reading...

  • Fastenal (FAST) Up 10.9% Since Last Earnings Report: Can It Continue?

    Fastenal (FAST) Up 10.9% Since Last Earnings Report: Can It Continue?

    Fastenal (FAST) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • Why Fastenal Stock Jumped 16% in April
    Motley Fool

    Why Fastenal Stock Jumped 16% in April

    The industrial parts supplier has held up pretty well in the face of COVID-19, helped along by its diversified business.

  • Fastenal Company Announces Conference Call to Review April 2020 Sales Results
    Business Wire

    Fastenal Company Announces Conference Call to Review April 2020 Sales Results

    Fastenal Company (Nasdaq: FAST) announced the date and time for a 30-minute conference call to review April 2020 sales results. The conference call will be broadcast live over the Internet on Wednesday, May 6, 2020 at 8:00 a.m. central time.

  • Insider Monkey

    Here’s Why Ensemble Capital Likes Fastenal (FAST) Stock

    Ensemble Capital, an independently-owned investment firm, recently published its first-quarter Ensemble Fund commentary – a copy of which can be downloaded here. During the first quarter of 2020, the Ensemble Fund returned -18.6%, while the benchmark S&P 500 was down 19.6%. In the said letter, Ensemble Capital highlighted a few stocks and Fastenal Co (NASDAQ:FAST) is […]

  • Insider Monkey

    Why Wedgewood Partners sold Fastenal (FAST) stock?

    Wedgewood Partners, a St. Louis, Missouri-based investment management firm, released its Q1 2020 Investor letter – a copy of which is available for download here. Wedgewood Partners returned -16.30% for the first quarter. Meanwhile, the benchmark Russell 1000 Growth Index and the S&P 500 Index lost 14.10% and 19.60%, respectively. In the said letter, Wedgewood Partners […]

  • Thomson Reuters StreetEvents

    Edited Transcript of FAST earnings conference call or presentation 14-Apr-20 2:00pm GMT

    Q1 2020 Fastenal Co Earnings Call

  • Where Fastenal Company (NASDAQ:FAST) Stands In Terms Of Earnings Growth Against Its Industry
    Simply Wall St.

    Where Fastenal Company (NASDAQ:FAST) Stands In Terms Of Earnings Growth Against Its Industry

    Measuring Fastenal Company's (NasdaqGS:FAST) track record of past performance is an insightful exercise for investors...

  • Zacks Value Trader Highlights: Avid Technology, Cardinal Health, EMCOR and Fastenal

    Zacks Value Trader Highlights: Avid Technology, Cardinal Health, EMCOR and Fastenal

    Zacks Value Trader Highlights: Avid Technology, Cardinal Health, EMCOR and Fastenal

  • Company News for Apr 15, 2020

    Company News for Apr 15, 2020

    Companies in the news are: WFC, FAST, FRC, ALDX

  • Bloomberg

    Fastenal Is One Company That Got Pandemic Planning Right

    (Bloomberg Opinion) -- As a distributor of factory-floor basics, Fastenal Co.’s earnings are typically a reasonable guide of what's to come when its manufacturing customers report results a few weeks later, and that should hold even in the coronavirus era. But listening to the company’s conference call on Tuesday to discuss its first-quarter results, I was struck by a different kind of roadmap: In step-by-step fashion, CEO Dan Florness laid out Fastenal's response to the coronavirus crisis, offering a case study on best practices when preparing for the disruptions of a pandemic.Fastenal is little known outside of industrial circles, but it's essentially in the business of supply-chain management, and it acted on the warning signs of the coronavirus crisis much faster than the federal government. That's partly a reflection of the nature of Fastenal's supply chain, which is weighted heavily toward Asia, the first frontier of the outbreak. Way back in January, as the spread of the virus forced China into lockdown, Fastenal began monitoring certain product lines to ensure a reliable flow of goods for its customers, Florness said Tuesday as he kicked off the earnings conversation. This is around the time that an array of top government officials began warning of the risks the coronavirus posed to the U.S., even as President Donald Trump publicly downplayed the threat and the prospect of upheaval to Americans’ daily lives, according to a detailed report from the New York Times.The initial focus of the administration's coronavirus task force (formally announced on Jan. 29) was on keeping infected Chinese people out of the U.S., not on testing or supplies, the Washington Post reported. Procurement has since become the government's biggest problem. The federal stockpile of key medical equipment is woefully inadequate to address a pandemic on the scale of the coronavirus and governors across the country have been forced to compete against each other on the open market for masks and ventilators. Fastenal, by contrast, has recent experience when it comes to a nimble rethinking of supply chains, thanks in part to Trump's trade wars. “Quite frankly, after the tariffs became a thing, we began to beat the bushes for additional suppliers outside of China,” CFO Holden Lewis said in a phone interview Tuesday. “I'd love to tell you we moved at lightning pace specifically related to the coronavirus, but we already had the platform in place that allowed us to react to this in the way that we have." The company’s Asian procurement and quality-control infrastructure has been in place for years.Fastenal sounded internal alarms on Feb. 6 for all of its employees to prepare to marshal resources and vet backup suppliers for certain janitorial and protective-gear products it sells. “It's an unforeseen problem," Trump said of the virus on March 6 as he signed an initial spending bill that included just $3.1 billion to stockpile medical supplies. "Came out of nowhere.” Federal agencies largely waited until mid-March to begin placing bulk orders of N95 respirator masks, mechanical ventilators and other equipment needed by front-line health-care workers, according to a review of purchasing contracts by the Associated Press. By that point, Fastenal had moved to limit the sales of certain key cleaning and health-care products to critical industries to help ensure that the goods made it to the workers that needed them the most. While the government has sporadically invoked the Defense Production Act to spur companies into ramping up the production of ventilators and masks, a concrete plan regarding the distribution of this vital equipment among the states was late in development and is still lacking.Fastenal's efforts to procure alternative sources of personal protective equipment and funnel goods to those most in need has meant that its supply chain is "pretty filled,” CFO Lewis said on the earnings call Tuesday. "Right now we still have product that we’re going to be working through delivering throughout most of April." Ultimately, these efforts may even help the company bring in new business, CEO Florness said. There are multiple examples of customers reaching out to the Fastenal’s sales team, saying “’I get what your supply-chain resources are about more than ever from what I’ve seen firsthand over the last three weeks,’” he said. Imagine what the world would be like right now if governors were praising the Trump administration's supply-chain resources rather than desperately pleading for needed goods and evaluating sending in the state national guard to protect shipments of masks from seizure by the federal government. This is not the only front on which Fastenal has been ahead of the curve. Like many other companies, it didn’t wait for federal government orders to implement social-distancing measures. On March 6, Fastenal canceled an annual sales event that was meant to take place in mid-April. Doing so deprived it of one of its biggest opportunities to ink new contracts for its onsite supply-chain services and vending machines  — and it’s one reason why 2020 growth prospects are “murky,” Florness said. But it was the "prudent” thing to do, he said. The weekend of March 14, the company closed off public access to its retail locations.(1) That Monday, March 16, the Trump administration announced national guidelines to slow the spread of the coronavirus, including avoiding gatherings of more than 10 people. Fastenal has also expanded paid time-off for both full- and part-time employees to deal with coronavirus disruptions. All of this hasn't saved Fastenal from the coronavirus. While sales of safety products jumped 31% in March, revenue from Fastenal’s traditional fasteners business plunged 10.1% as factories, amusement parks, retail outlets and schools shuttered. On average, daily sales across the company increased 0.2% in March, a marked drop from the 4.7% pace in February. And because safety products are typically lower-margin, that contributed to the 110 basis-point drop in the first quarter in the percentage of sales Fastenal converts into gross profit. Still, the coronavirus crisis is different than the 2009 recession because at least demand is increasing for some products. April sales are down about 10.5% to date, which is relatively mild in the scheme of things and encouraging ahead of results due later this month from companies such as 3M Co. and Honeywell International Inc. While headcount may decline, Fastenal indicated that at this point, any cuts are unlikely to be of the magnitude they were back in 2009. The margin dislocation also will likely fix itself once demand for fasteners bounces back and the need for protective gear eases. Fastenal may be leaving some money on the table when it comes to safety and cleaning products, but it put in strict pricing guidelines early on in the process "because we're more interested in getting through this and getting society through it and getting back to whatever the new normal is,” Florness said. In more ways than one, this is a company that got pandemic planning right. (1) Most of the company's business comes through onsite or delivery services that remain operational for those customers serving critical industries, but profit margins tend to be higher for products purchased through its retail locations, so the closure cost the company on that front.This column does not necessarily reflect the opinion of Bloomberg LP and its owners.Brooke Sutherland is a Bloomberg Opinion columnist covering deals and industrial companies. She previously wrote an M&A column for Bloomberg News.For more articles like this, please visit us at now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.


    The Dow Is Rising Because Earnings Were Better Than Feared. Tesla Is Jumping Again.

    The S&P 500 rose 3.1% on Tuesday as positive news about the coronavirus pandemic helped lift markets.


    This Industrial Company’s Earnings Show the Impact of Covid-19 Isn’t as Bad as Feared

    The industrial distributor (FAST) reported first-quarter earnings of 35 cents a share early Tuesday, a penny better than Wall Street feared, and it was enough to lift the stock 7% by the close. As the first-quarter earnings season begins, with investors uncertain about what to expect, Fastenal’s (ticker: FAST) results are a bit of good news. Fastenal is one of the earliest industrial companies to report numbers.

  • Fastenal's Charts and Indicators Are Constructive: Here's Our Strategy

    Fastenal's Charts and Indicators Are Constructive: Here's Our Strategy

    A look at this industrial supply and distribution company after the release of its first-quarter numbers.

  • Tuesday marks the beginning of a weird earnings season
    Yahoo Finance

    Tuesday marks the beginning of a weird earnings season

    Q1 earnings season will be about much more than beats and misses.

  • Three Long Term Payers Announce Dividend Distributions

    Three Long Term Payers Announce Dividend Distributions

    Their history of dividend payments and growth is considerable Continue reading...

  • Fastenal (FAST) Stock Up on Q1 Earnings and Sales Beat

    Fastenal (FAST) Stock Up on Q1 Earnings and Sales Beat

    Fastenal (FAST) reports better-than-expected Q1 results owing to higher unit sales, driven by strong industrial vending and Onsite locations. However, slower activity level somewhat offset the same.

  • Fastenal (FAST) Surpasses Q1 Earnings and Revenue Estimates

    Fastenal (FAST) Surpasses Q1 Earnings and Revenue Estimates

    Fastenal (FAST) delivered earnings and revenue surprises of 2.94% and 0.20%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

  • Fastenal Company Reports 2020 First Quarter Earnings
    Business Wire

    Fastenal Company Reports 2020 First Quarter Earnings

    Fastenal Company (Nasdaq:FAST), a leader in the wholesale distribution of industrial and construction supplies, today announced its financial results for the quarter ended March 31, 2020. Except for share and per share information, or as otherwise noted below, dollar amounts are stated in millions. Share and per share information in this release, and in the financial statements attached to this release, has been adjusted to reflect the two-for-one stock split effective at the close of business on May 22, 2019. Throughout this document, percentage and dollar calculations, which are based on non-rounded dollar values, may not be able to be recalculated using the dollar values included in this document due to the rounding of those dollar values.