Fastenal Co. (FAST) Is Not Likely To Be The Same Tomorrow

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility.

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Stocks Info

Fastenal Co. is listed on the NASDAQ in the Industrials sector while operating in the Industrial Distribution industry. The current market capitalization of Fastenal Co. is $44.46B. A total of 2.22 million shares were traded on the day, compared to an average of 2.52M shares.

In the most recent transaction, Broersma Anthony Paul sold 680 shares of FAST for 77.86 per share on Oct 16 ’24. After the transaction, the EVP-OPERATIONS now owns 0 company shares. In a previous transaction on Oct 16 ’24, Drazkowski William Joseph sold 16,362 shares at 77.65 per share. FAST shares that EXECUTIVE VICE-PRESIDENT owns now total 5,997.

Among the insiders who sold shares, WISECUP REYNE K disposed of 21,818 shares on Oct 16 ’24 at a per-share price of $78.55. This resulted in the Director holding 20,000 shares of FAST after the transaction. In another insider transaction, LUNDQUIST NICHOLAS J sold 22,532 shares at $77.15 per share on Oct 15 ’24. Company shares held by the Director now total 426,000.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Fastenal Co. pays an annual dividend of $1.56, resulting in a dividend yield of 2.01%, and it has a price to earnings (P/E) ratio of 38.57. FAST’s most recent ex-dividend date was 10/25/2024 when it declared a $0.39 quarterly dividend that was paid in cash on 11/22/2024. Previously, the company paid the dividend on 8/23/2024 with an ex-dividend date of 7/26/2024. The FAST stock dividend was $0.39 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. In terms of 52-week highs and lows, FAST has a high of $79.04 and a low of $57.20.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. FAST’s latest balance sheet shows that the firm has $236.20M in Cash & Short Term Investments as of fiscal 2021. There were $636.80M in debt and $682.20M in liabilities at the time. Its Book Value Per Share was $6.28, while its Total Shareholder’s Equity was $3.04B.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for FAST is Buy with a score of 3.14.

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