Fastenal Company Stock Today
| FAST Stock | USD 67.74 0.62 0.92% |
Performance0 of 100
| Odds Of DistressLess than 6
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Fastenal is selling for under 67.74 as of the 25th of April 2024; that is 0.92 percent up since the beginning of the trading day. The stock's last reported lowest price was 67.46. Fastenal has only a 6 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for Fastenal Company are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
Business Domain Capital Goods | IPO Date 26th of March 1990 | Category Industrials |
Fastenal Company, together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, Mexico, North America, and internationally. Fastenal Company was founded in 1967 and is headquartered in Winona, Minnesota. The company has 572.55 M outstanding shares of which 18.75 M shares are currently shorted by private and institutional investors with about 5.29 trading days to cover. More on Fastenal Company
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Follow Valuation Options Odds of Bankruptcy
Financial Report 11th of July 2024
Fastenal Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Fastenal's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Fastenal or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Fastenal's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Fastenal's managers, analysts, and investors.
Environment Score | Governance Score | Social Score |
| CEO and President and Director | Daniel Florness | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Retail (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Trading Companies & Distributors, Industrial Distribution, Industrials, SP 500 Index, NASDAQ Composite, Nasdaq 100, NASDAQ 100 Pre, NASDAQ Composite Total, BETTERINVESTING 100 INDEX, BTRINVSTNG 100 INDEX, Retail, Industrials, Trading Companies & Distributors, Industrial Distribution, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Fastenal report their recommendations after researching Fastenal's financial statements, talking to executives and customers, or listening in on Fastenal's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Fastenal. The Fastenal consensus assessment is calculated by taking the average forecast from all of the analysts covering Fastenal. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of Fastenal's profitability, liquidity, and operating efficiency, Fastenal Company may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Fastenal is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Fastenal's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Fastenal's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Fastenal's financial leverage. It provides some insight into what part of Fastenal's total assets is financed by creditors.
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Fastenal Company (FAST) is traded on NASDAQ Exchange in USA. It is located in 2001 Theurer Boulevard, Winona, MN, United States, 55987-1500 and employs 20,935 people. Fastenal is listed under Trading Companies & Distributors category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 38.65 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Fastenal's market, we take the total number of its shares issued and multiply it by Fastenal's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Fastenal conducts business under Trading Companies & Distributors sector and is part of Industrials industry. The entity has 572.55 M outstanding shares of which 18.75 M shares are currently shorted by private and institutional investors with about 5.29 trading days to cover.
Fastenal Company currently holds about 231.5 M in cash with 1.43 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.4.
Check Fastenal Probability Of Bankruptcy
Ownership AllocationFastenal holds a total of 572.55 Million outstanding shares. The majority of Fastenal Company outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Fastenal to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Fastenal. Please pay attention to any change in the institutional holdings of Fastenal Company as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Fastenal Ownership Details
Fastenal Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of Fastenal jumping above the current price in 90 days from now is about 91.26%. The Fastenal Company probability density function shows the probability of Fastenal stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.0028. This usually indicates Fastenal Company market returns are related to returns on the market. As the market goes up or down, Fastenal is expected to follow. Additionally, fastenal Company has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Fastenal to move above the current price in 90 days from now is about 91.26 (This Fastenal Company probability density function shows the probability of Fastenal Stock to fall within a particular range of prices over 90 days) .
Fastenal Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Fastenal that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Fastenal's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Fastenal's value.| Instituion | Recorded On | Shares | |
| Northern Trust Corp | 2023-12-31 | 7 M | |
| Royal Bank Of Canada | 2023-12-31 | 7 M | |
| Amvescap Plc. | 2023-12-31 | 6.9 M | |
| Norges Bank | 2023-12-31 | 6.3 M | |
| Cantillon Capital Management Llc | 2023-12-31 | 5.4 M | |
| Legal & General Group Plc | 2023-12-31 | 5.3 M | |
| Envestnet Asset Management Inc | 2023-12-31 | 4.8 M | |
| Franklin Resources Inc | 2023-12-31 | 4.6 M | |
| Ubs Asset Mgmt Americas Inc | 2023-12-31 | 4.5 M | |
| Vanguard Group Inc | 2023-12-31 | 70.3 M | |
| Blackrock Inc | 2023-12-31 | 46.1 M |
Fastenal Historical Income Statement
Fastenal Company Income Statement is one of the three primary financial statements used for reporting Fastenal's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Fastenal revenue and expense. Fastenal Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Fastenal's Cost Of Revenue is comparatively stable compared to the past year. Total Operating Expenses is likely to gain to about 1.7 B in 2024, despite the fact that Non Recurring is likely to grow to (1.2 M). View More FundamentalsFastenal Stock Against Markets
Picking the right benchmark for Fastenal stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Fastenal stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Fastenal is critical whether you are bullish or bearish towards Fastenal Company at a given time. Please also check how Fastenal's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Fastenal without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Fastenal Corporate Directors
Fastenal corporate directors refer to members of a Fastenal board of directors. The board of directors generally takes responsibility for the Fastenal's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Fastenal's board members must vote for the resolution. The Fastenal board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| LeLand Hein | Sr. Executive VP of Sales and Director | Profile | |
| Darren Jackson | Independent Director | Profile | |
| Michael Ancius | Independent Director | Profile | |
| Reyne Wisecup | Executive VP of HR and Director | Profile |
How to buy Fastenal Stock?
Before investing in Fastenal, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Fastenal. To buy Fastenal stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Fastenal. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Fastenal stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Fastenal Company stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Fastenal Company stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Fastenal Company, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Fastenal Stock please use our How to Invest in Fastenal guide.
Already Invested in Fastenal Company?
The danger of trading Fastenal Company is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Fastenal is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Fastenal. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Fastenal is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Fastenal is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Fastenal Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Fastenal Company Stock. Highlighted below are key reports to facilitate an investment decision about Fastenal Company Stock: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fastenal Company. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Complementary Tools for Fastenal Stock analysis
When running Fastenal's price analysis, check to measure Fastenal's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fastenal is operating at the current time. Most of Fastenal's value examination focuses on studying past and present price action to predict the probability of Fastenal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fastenal's price. Additionally, you may evaluate how the addition of Fastenal to your portfolios can decrease your overall portfolio volatility.
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Is Fastenal's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fastenal. If investors know Fastenal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fastenal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.006 | Dividend Share 1.44 | Earnings Share 2.02 | Revenue Per Share 12.915 | Quarterly Revenue Growth 0.019 |
The market value of Fastenal is measured differently than its book value, which is the value of Fastenal that is recorded on the company's balance sheet. Investors also form their own opinion of Fastenal's value that differs from its market value or its book value, called intrinsic value, which is Fastenal's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fastenal's market value can be influenced by many factors that don't directly affect Fastenal's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fastenal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fastenal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fastenal's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.