Fastenal: Great Business, But Expensive Stock [Seeking Alpha]
Fastenal Company (FAST)
Last fastenal company earnings: 4/14 06:50 am
Check Earnings Report
US:NASDAQ Investor Relations:
investor.fastenal.com
Company Research
Source: Seeking Alpha
FAST's digital sales and expansion among large customers highlight its operational strength, but the stock trades at a rich 42x forward earnings multiple. Dividend growth streak remains impressive at 26 years, yet the latest increase was modest due to a high payout ratio, limiting near-term dividend upside. Despite excellent fundamentals, the current valuation poses downside risk to total returns; I maintain a hold rating on FAST due to overvaluation concerns. JHVEPhoto/iStock Editorial via Getty Images In December of 2024, I took an in-depth look at Fastenal Company ( NASDAQ: FAST ) because the company had a long of history of raising its dividend while offering a market beating yield. The dividend This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I
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FAST
News
- Fastenal (NASDAQ:FAST) had its price target lowered by analysts at Barclays PLC from $45.00 to $44.00. They now have an "equal weight" rating on the stock.MarketBeat
- Fastenal (NASDAQ:FAST) was upgraded by analysts at Wolfe Research from an "underperform" rating to a "peer perform" rating. They now have a $43.00 price target on the stock.MarketBeat
- Fastenal (NASDAQ:FAST) was upgraded by analysts at Sanford C. Bernstein to a "strong sell" rating.MarketBeat
- Fastenal Company & Edmonton Oilers Enter Multi-Year Agreement [Yahoo! Finance]Yahoo! Finance
- Fastenal Company & Edmonton Oilers Enter Multi-Year AgreementBusiness Wire
FAST
Earnings
- 10/13/25 - Miss
FAST
Sec Filings
- 11/21/25 - Form 4
- 11/20/25 - Form 4
- 11/20/25 - Form 4
- FAST's page on the SEC website