Profile
Sector:
IndustrialsIndustry:
Industrial DistributionCountry:
United StatesIPO:
20 August 1987Website:
http://www.fastenal.comNext earnings report:
12 July 2024Last dividends:
31 January 2024Next dividends:
N/APrice
after hours | Mon, 01 Jul 2024 22:46:43 GMTAnalysts recommendations
Institutional Ownership
Included in screeners
FAST Latest News
The Stanley Cup final between the Florida Panthers and Edmonton Oilers began June 8. It's only appropriate, then, that I consider three hockey stocks to buy to celebrate the occasion.
Fastenal's (FAST) average daily sales growth rate improves sequentially in May with a minor FX impact on growth.
Cyclical stocks are facing challenges due to inflation and geopolitical uncertainties. Fastenal's stock has dropped 16% from its recent highs, presenting a buying opportunity. Fastenal's unique distribution model, extensive Onsite locations, and robust e-commerce platform make it a compelling investment.
Lately, Zacks.com users have been closely monitoring Fastenal (FAST), prompting further examination of the stock's potential.
Fastenal (FAST) is now considered oversold, suggesting that the intense selling pressure on the stock may be easing. With Wall Street analysts showing strong consensus in raising earnings estimates, there is potential for a turnaround in the stock's performance in the short run.
Fastenal reported a small earnings shortfall in the first quarter and mentioned that the ongoing weakness in demand remains a challenge. Despite facing a difficult period, the company is managing well but requires an increase in customer demand in order to truly progress further.
Fastenal's stock declined on Thursday due to the company's explanation that its quarterly performance fell short of expectations because of a slowdown in the manufacturing industry.
Fastenal Company (NASDAQ:FAST) Q1 2024 Earnings Conference Call on April 11, 2024 at 10:00 AM ET with Taylor Ranta, Dan Florness, and Holden Lewis. Conference call participants include Tommy Moll, Chris Snyder, Stephen Volkmann, Jacob Levinson, Patrick Baumann, Ryan Merkel. The operator will open the call for questions following the presentation.
Fastenal's (FAST) first-quarter results were impacted by unfavorable weather conditions and changes in customer and product mix.
While the revenue and EPS figures for Fastenal (FAST) offer insight into its performance in the quarter ending March 2024, it could be beneficial to also evaluate how certain key metrics stack up against Wall Street expectations and the figures from the same period last year.
What type of business is Fastenal?
Fastenal Company is an American company engaged in wholesale sales of fasteners and industrial construction materials in the United States and abroad. The company was founded in 1967 and is based in Winona, Minnesota. The company's portfolio includes threaded fasteners, bolts, nuts, screws, studs and corresponding washers, as well as various consumables and equipment such as machine keys, concrete anchors, metal frame systems and related accessories.
What sector is Fastenal in?
Fastenal is in the Industrials sector
What industry is Fastenal in?
Fastenal is in the Industrial Distribution industry
What country is Fastenal from?
Fastenal is headquartered in United States
When did Fastenal go public?
Fastenal initial public offering (IPO) was on 20 August 1987
What is Fastenal website?
https://www.fastenal.com
Is Fastenal in the S&P 500?
Yes, Fastenal is included in the S&P 500 index
Is Fastenal in the NASDAQ 100?
Yes, Fastenal is included in the NASDAQ 100 index
Is Fastenal in the Dow Jones?
No, Fastenal is not included in the Dow Jones index
When does Fastenal report earnings?
The next expected earnings date for Fastenal is 12 July 2024