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Fastenal Co FAST Stock Quote

| Rating as of

NASDAQ: FAST

Last close prices updated as of Jan 27, 2023, 3:37 PM EST | USD | BATS BZX Real-Time Price
  • Last Close 49.61
  • Sector Industrials
  • Industry Industrial Distribution
  • Investment Style Mid Blend
  • Day Range 49.46  –  50.53
  • Year Range 43.73  –  60.74
  • Market Cap 28.7718 Bil
  • Volume / Avg 1.5 Mil /  3.3 Mil
  • Price / Sales 4.09
  • Price / Book 8.95
  • Forward Div Yield 2.99%
  • Trailing Div Yield 2.46%

Morningstar‘s Stock Analysis FAST

Valuation
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Is it the right time to buy or sell?

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

Fastenal Reports Solid Numbers to Close Out 2022 Amid Moderating Economic Activity

Dawit Woldemariam Equity Analyst

Analyst Note

| Dawit Woldemariam |

Wide-moat-rated Fastenal reported solid fourth-quarter results to end 2022. We’ve raised our fair value estimate to $46, up from $45 previously. We made slight adjustments to our near-term sales and margin forecasts and accounted for the time value of money since our last update.

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Key Statistics FAST

Company Profile FAST

Business Description

Fastenal opened its first fastener store in 1967 in Winona, Minnesota. Since then, Fastenal has greatly expanded its footprint as well as its products and services. Today, Fastenal serves its 400,000 active customers through approximately 1,500 branches, over 1,600 on-site locations, and 14 distribution centers. Since 1993, the company has added other product categories, but fasteners remain its largest category at about 30%-35% of sales. Fastenal also offers customers supply-chain solutions, such as vending and vendor-managed inventory.

Contact
2001 Theurer Boulevard
Winona, MN, 55987-1500
Industry Industrial Distribution
Employees 22,025

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FAQs for Fastenal Co Stock

Yes. FAST has a forward dividend yield of 2.99%. See FAST’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

FAST’s market cap is 28.77 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

FAST’s stock style is Mid Core.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

FAST’s price/sales is 4.09.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

FAST’s price/forward earnings is 23.87.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

FAST’s price/book is 8.95.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See FAST’s valuation ratios compared to the Market Index.

FAST’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare FAST’s historical performance against its industry peers and the overall market.