Since then, FAST stock has increased by 42.8% and is now trading at $47.04.
The company earns $790.90 million in net income (profit) each year or $1.38 on an earnings per share basis. It offers fasteners, and other industrial and construction supplies under the Fastenal name. The company's average rating score is 2.23, and is based on 4 buy ratings, 8 hold ratings, and 1 sell rating.According to analysts' consensus price target of $42.33, Fastenal has a potential downside of 10.0% from its current price of $47.04.Fastenal has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Fastenal has received 59.94% “underperform” votes from our community.Fastenal pays a meaningful dividend of 2.13%, higher than the bottom 25% of all stocks that pay dividends.Fastenal has been increasing its dividend for 9 years.The dividend payout ratio of Fastenal is 72.46%. Will the DOW or Bitcoin Hit 40,000 in the Next 12 Months?Louis Navellier & Matt McCall debate it and name their #1 picks — FREE.Here are some additional highlights from the most recent Fastenal earnings report.Fastenal includes the following statement in its current earnings report.“The second quarter of 2020 was heavily influenced by actions taken by governments and businesses around the world to address the COVID-19 pandemic, which influenced our efforts in several ways.
Their forecasts range from $34.00 to $51.00. First, we assisted the needs of governments, first responders, and critical infrastructure entities by supplying sharply increased demand for personal protective equipment (‘PPE’) products. Nevertheless, it isn’t ready to reintroduce 2020 guidance.FAST stock was down slightly as of Tuesday afternoon.Article printed from InvestorPlace Media, https://investorplace.com/2020/07/fastenal-earnings-fast-stock-details/.Financial Market Data powered by FinancialContent Services, Inc. All rights reserved.
One share of FAST stock can currently be purchased for approximately $47.04.Fastenal has a market capitalization of $26.95 billion and generates $5.33 billion in revenue each year. Based on an average trading volume of 4,700,000 shares, the short-interest ratio is presently 4.1 days. Fastenal employs 21,948 workers across the globe.Fastenal's mailing address is 2001 THEURER BLVD, WINONA MN, 55987. 15, 2020 at 11:05 a.m. UNCH. Fastenal had a return on equity of 31.19% and a net margin of 15.07%. Export data to Excel for your own analysis. quotes delayed at least 15 minutes, all others at least 20 minutes. Some companies that are related to Fastenal include Based on aggregate information from My MarketBeat watchlists, some companies that other Fastenal investors own include Fastenal trades on the NASDAQ under the ticker symbol "FAST. As of June 30th, there was short interest totaling 19,210,000 shares, a drop of 9.5% from the June 15th total of 21,220,000 shares. Fastenal (NASDAQ:FAST) issued its quarterly earnings results on Tuesday, July, 14th. Earnings & Sales in Detail The company reported earnings of 35 cents per share, which beat the consensus mark of 34 cents by 2.9%. Data is currently not available. Is Fastenal (FAST) Stock A Buy After Solid Earnings Results? Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.Get daily stock ideas top-performing Wall Street analysts. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Top institutional investors include Cantillon Capital Management LLC (1.09%), Sumitomo Mitsui Trust Holdings Inc. (0.68%), Confluence Investment Management LLC (0.60%), Riverbridge Partners LLC (0.55%), Provident Trust Co. (0.50%) and Mcdonald Capital Investors Inc. CA (0.41%). ... Fastenal Co (FAST) Q2 2020 Earnings Call Transcript. The company's fastener products include threaded fasteners, such as bolts, nuts, screws, studs, and related washers, which are used in manufactured products and construction projects, as well as in the maintenance and repair of machines. Specifically, they have bought $0.00 in company stock and sold $6,594,303.00 in company stock.Only 0.57% of the stock of Fastenal is held by insiders.80.00% of the stock of Fastenal is held by institutions. InfoTrie ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources. Fastenal Company Common Stock (FAST) Stock Quotes - Nasdaq offers stock quotes & market activity data for US and global markets. The company serves the manufacturing market comprising original equipment manufacturers; maintenance, repair, and operations; and non-residential construction market, which includes general, electrical, plumbing, sheet metal, and road contractors. All rights reserved. Learn about financial terms, types of investments, trading strategies and more.MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. As of December 31, 2018, the company distributed its products through a network of 2,227 company owned stores. 13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fastenal in the last year.
Media coverage about FAST stock has been trending very negative on Sunday, according to InfoTrie Sentiment Analysis. Learn everything you need to know about successful options trading with this three-part video course.Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools:You have already added five stocks to your watchlist. View our full suite of financial calendars and market data tables, all for free.Receive a free world-class investing education from MarketBeat. FAST stock was acquired by a variety of institutional investors in the last quarter, including Sumitomo Mitsui Trust Holdings Inc., MERIAN GLOBAL INVESTORS UK Ltd, GWM Advisors LLC, Robeco Institutional Asset Management B.V., Railway Pension Investments Ltd, Fenimore Asset Management Inc., Riverbridge Partners LLC, and Envestnet Asset Management Inc.. Company insiders that have bought Fastenal stock in the last two years include Daniel L Florness, Daniel L Johnson, Darren R Jackson, Holden Lewis, Michael J Ancius, Terry Modock Owen, and William Joseph Drazkowski. © American Consumer News, LLC dba MarketBeat® 2010-2020. 1125 N. Charles St, Baltimore, MD 21201.