Daniel Florness - Fastenal CEO and President and Director
| FAST Stock | USD 67.50 0.98 1.43% |
CEO
Mr. Daniel L. Florness is President, Chief Executive Officer, Director of the Company. He began his career at Fastenal in 1996, and served as the company chief financial officer from June 1996 to December 2002, and as an executive vice president and the chief financial officer of the company from December 2002 to December 2015. During his time as chief financial officer, Mr. Florness experience with the company expanded beyond finance, including leadership of product development and procurement, a portion of our manufacturing division, and, in later years, our national accounts business. In his role as president and chief executive officer, Mr. Florness provides the board with critical input on the development and implementation of high level strategies for the company and on the overall operations and resources of the company. In addition, his long prior tenure as chief financial officer makes Mr. Florness uniquely situated to provide the board with indepth insight into the company financial planning, internal controls, and regulatory compliance since 2016.
| Age | 61 |
| Tenure | 8 years |
| Address | 2001 Theurer Boulevard, Winona, MN, United States, 55987-1500 |
| Phone | 507 454 5374 |
| Web | https://www.fastenal.com |
Daniel Florness Latest Insider Activity
Tracking and analyzing the buying and selling activities of Daniel Florness against Fastenal stock is an integral part of due diligence when investing in Fastenal. Daniel Florness insider activity provides valuable insight into whether Fastenal is net buyers or sellers over its current business cycle. Note, Fastenal insiders must abide by specific rules, including filing SEC forms every time they buy or sell Fastenal'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Daniel Florness over a month ago Acquisition by Daniel Florness of 276 shares of H B subject to Rule 16b-3 |
Fastenal Management Efficiency
The company has return on total asset (ROA) of 0.2093 % which means that it generated a profit of $0.2093 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.3456 %, meaning that it created $0.3456 on every $100 dollars invested by stockholders. Fastenal's management efficiency ratios could be used to measure how well Fastenal manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to 0.16 in 2024. Return On Capital Employed is likely to drop to 0.40 in 2024. At this time, Fastenal's Total Current Liabilities is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 4.7 B in 2024, despite the fact that Change To Liabilities is likely to grow to (38.1 M).Similar Executives
| Found 6 records | CEO Age | ||
| Manuel Mesa | Pool Corporation | 61 | |
| Kevin Murphy | Ferguson Plc | 54 | |
| Erik Gershwind | MSC Industrial Direct | 53 | |
| Neil Schrimsher | Applied Industrial Technologies | 60 | |
| Michael Ottaviano | Core Main | N/A | |
| Stephen LeClair | Core Main | 55 | |
Management Performance
| Return On Equity | 0.35 | ||||
| Return On Asset | 0.21 |
Fastenal Leadership Team
Elected by the shareholders, the Fastenal's board of directors comprises two types of representatives: Fastenal inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Fastenal. The board's role is to monitor Fastenal's management team and ensure that shareholders' interests are well served. Fastenal's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Fastenal's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Terry Owen, Executive Vice President – E-Business | ||
| John Soderberg, Executive Vice President – Sales Operations & Support | ||
| William Drazkowski, Executive Vice President – National Accounts Sales | ||
| Noelle JD, Executive Resources | ||
| Holden Lewis, CFO, Executive Vice President | ||
| LeLand Hein, Sr. Executive VP of Sales and Director | ||
| James Jansen, Executive Vice President - Operations | ||
| Nicholas Lundquist, Executive Vice President - Operations | ||
| Charles Miller, Executive Vice President - Sales | ||
| Ellen Stolts, Financial Mang | ||
| Darren Jackson, Independent Director | ||
| Jeffery Watts, Executive Vice President – International | ||
| Michael Ancius, Independent Director | ||
| Reyne Wisecup, Executive VP of HR and Director | ||
| Anthony Broersma, Executive Operations | ||
| Scott Satterlee, Independent Director | ||
| Gary Polipnick, Executive Vice President - Sales | ||
| Kenneth Nance, VP of Gov. Sales | ||
| Taylor Oborski, Financial Accountant | ||
| Michael Dolan, Independent Director | ||
| Daniel Johnson, Independent Director | ||
| Daniel Florness, CEO and President and Director | ||
| Hugh Miller, Independent Director | ||
| Stephen Eastman, Independent Director | ||
| John Milek, VP Counsel | ||
| Sheryl Lisowski, Chief Accounting Officer and Controller | ||
| Ashok Singh, Executive Vice President - Information Technology | ||
| Willard Oberton, Chairman of The Board | ||
| Rita Heise, Independent Director |
Fastenal Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Fastenal a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.35 | ||||
| Return On Asset | 0.21 | ||||
| Profit Margin | 0.16 % | ||||
| Operating Margin | 0.21 % | ||||
| Current Valuation | 38.89 B | ||||
| Shares Outstanding | 572.55 M | ||||
| Shares Owned By Insiders | 0.18 % | ||||
| Shares Owned By Institutions | 85.30 % | ||||
| Number Of Shares Shorted | 18.75 M | ||||
| Price To Earning | 28.13 X |
Fastenal Investors Sentiment
The influence of Fastenal's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Fastenal. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Fastenal's public news can be used to forecast risks associated with an investment in Fastenal. The trend in average sentiment can be used to explain how an investor holding Fastenal can time the market purely based on public headlines and social activities around Fastenal Company. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Fastenal's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Fastenal's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Fastenal's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Fastenal.
Fastenal Implied Volatility | 24.05 |
Fastenal's implied volatility exposes the market's sentiment of Fastenal Company stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Fastenal's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Fastenal stock will not fluctuate a lot when Fastenal's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Fastenal in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Fastenal's short interest history, or implied volatility extrapolated from Fastenal options trading.
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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.