During the recent session, Fastenal Co (NASDAQ:FAST)’s traded shares were 2.96 million, with the beta value of the company hitting 0.97. At the last check today, the stock’s price was $41.21, reflecting an intraday loss of -0.69% or -$0.28. The 52-week high for the FAST share is $43.10, that puts it down -4.59 from that peak though still a striking 25.55% gain since the share price plummeted to a 52-week low of $30.68. The company’s market capitalization is $47.27B, and the average intraday trading volume over the past 10 days was 4.81 million shares, and the average trade volume was 6.72 million shares over the past three months.
Fastenal Co (FAST) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 3.06. FAST has a Sell rating from 1 analyst(s) out of 9 analysts who have looked at this stock. 5 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 3 recommend a Buy rating for it.
Fastenal Co (NASDAQ:FAST) trade information
Fastenal Co (FAST) registered a -0.69% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -0.69% in intraday trading to $41.21, hitting a weekly high. The stock’s 5-day price performance is -3.86%, and it has moved by 0.60% in 30 days. Based on these gigs, the overall price performance for the year is 27.95%. The short interest in Fastenal Co (NASDAQ:FAST) is 28.01 million shares and it means that shorts have 4.89 day(s) to cover.
The consensus price target of analysts on Wall Street is $73, which implies an increase of 43.55% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $50 and $86 respectively. As a result, FAST is trading at a discount of -108.69% off the target high and -21.33% off the low.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 7.79%. While earnings are projected to return 9.40% in 2025, the next five years will return 8.71% per annum.
FAST Dividends
Fastenal Co is due to release its next quarterly earnings on 2025-Apr-11. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Fastenal Co is 0.82, with the dividend yield indicating at 2.00 percent, continuing the trend of increasing dividends in recent years. The average dividend yield of the company for the last 5 years is 2.18%.
The next largest institutional holding, with 46.44 million shares, is of BLACKROCK INC.’s that is approximately 8.1099% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $2.92 billion.
