In recent trading session, Fastenal Co (NASDAQ:FAST) saw 1.38 million shares changing hands at last check today with its beta currently measuring 0.95. Company’s recent per share price level of $45.95 trading at $0.07 or 0.15% at last check today assigns it a market valuation of $52.72B. That most recent trading price of FAST’s stock is at a discount of -0.2% from its 52-week high price of $46.04 and is indicating a premium of 30.27% from its 52-week low price of $32.04. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 7.08 million shares which gives us an average trading volume of 6.14 million if we extend that period to 3-months.
For Fastenal Co (FAST), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 3.06. Splitting up the data highlights that, out of 9 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 5 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.28 in the current quarter.
Fastenal Co (NASDAQ:FAST) trade information
Fastenal Co’s shares saw a change of 33.13% in year-to-date performance and have moved 6.19% in past 5-day. Fastenal Co (NASDAQ:FAST) showed a performance of 10.59% in past 30-days. Number of shares sold short was 29.77 million shares which calculate 6.3 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 82 to the stock, which implies a rise of 43.96% to its recent value today. Analysts have been projecting 40 as a low price target for the stock while placing it at a high target of 86. It follows that stock’s current price would jump 12.95% in reaching the projected high whereas dropping to the targeted low would mean a gain of 12.95% for stock’s current value.
Fastenal Co (FAST) estimates and forecasts
This year revenue growth is estimated to rise 7.66% from the last financial year’s standing.
12 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 2.07B for the same. And 12 analysts are in estimates of company making revenue of 2.09B in the next quarter. Company posted 1.92B and 1.91B of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 7.79% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 11.14% while estimates for its earnings growth in next 5 years are of 10.18%.
FAST Dividends
Fastenal Co is more likely to be releasing its next quarterly report on 2025-Apr-11 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 1.80%, the share has a forward dividend of 0.82 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 2.18%.
Fastenal Co (NASDAQ:FAST)’s Major holders
Insiders are in possession of 0.17% of company’s total shares while institution are holding 87.80 percent of that, with stock having share float percentage of 87.95%. Investors also watch the number of corporate investors in a company very closely, which is 87.80% institutions for Fastenal Co that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at FAST for having 71.29 million shares of worth $4.48 billion. And as of 2024-06-30, it was holding 12.45 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 46.44 million shares on 2024-06-30. The number of shares represents firm’s hold over 8.1099 of outstanding shares, having a total worth of $2.92 billion.
On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund are the top two Mutual Funds which own company’s shares. As of Mar 31, 2025 , the former fund manager was holding 36.24 shares of worth $1.67 billion or 6.32% of the total outstanding shares. The later fund manager was in possession of 31.87 shares on Mar 31, 2025 , making its stake of worth around $1.47 billion in the company or a holder of 5.56% of company’s stock.
