Stock FAQs

how to buy fastenal stock

by Diana O'Conner Published 3 years ago Updated 2 years ago
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  • Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. ...
  • Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. ...
  • Search for Fastenal Company. Find the stock by name or ticker symbol: FAST. Research its history to confirm it's a solid investment against your financial goals.
  • Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Fastenal Company reaches your desired price. ...
  • Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. ...
  • Check in on your investment. Congratulations, you own a part of Fastenal Company. ...

How to buy shares in Fastenal Company
  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. ...
  4. Research the stock. ...
  5. Purchase now or later. ...
  6. Check in on your investment.
Jun 20, 2022

Is Fastenal (fast) a good stock to buy now?

- Yahoo Finance Fastenal has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 2 buy ratings, 1 hold rating, and 2 sell ratings. According to analysts' consensus price target of $58.00, Fastenal has a forecasted upside of 13.3% from its current price of $51.20.

Is there an upside for Fastenal Corporation's stock?

According to analysts' consensus price target of $58.00, Fastenal has a forecasted upside of 13.3% from its current price of $51.20. Fastenal has only been the subject of 3 research reports in the past 90 days. Fastenal has received 403 “outperform” votes. (Add your “outperform” vote.) Fastenal has received 309 “underperform” votes.

When is Fastenal's next quarterly earnings release?

Fastenal is scheduled to release its next quarterly earnings announcement on Tuesday, April 12th 2022. View our earnings forecast for Fastenal. How were Fastenal's earnings last quarter?

Can Fastenal's dividend be sustainably paid out?

The dividend payout ratio of Fastenal is 77.02%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Fastenal will have a dividend payout ratio of 64.25% next year. This indicates that Fastenal will be able to sustain or increase its dividend.

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Is Fastenal a publicly traded company?

Fastenal Company went public in August of 1987 at an initial offering price of $9.00 ($0.09375 after adjusting for stock splits in 1988, 1990, 1992, 1995, 2002, 2005, 2011, and 2019).

Is Fastenal overvalued?

The Analysts Are On The Fence With Fastenal This is based on 5 analysts' ratings and comes with a price target of $56.40. The consensus price target assumes the stock is overvalued at this level but has been rising over the near, short, and long-term.

When did Fastenal stock split?

The first split for FAST took place on March 31, 1992. This was a 2 for 1 split, meaning for each share of FAST owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split. FAST's second split took place on March 30, 1995.

Where can I get the fastest stock news?

CNBC Breaking Business News.TheStreet.Bloomberg: Business News.Fox Business.Barron's.MarketWatch.The Wall Street Journal.SeekingAlpha Portfolio.

Is Fastenal a good investment?

Fastenal Company - Hold Valuation metrics show that Fastenal Company may be overvalued. Its Value Score of D indicates it would be a bad pick for value investors. The financial health and growth prospects of FAST, demonstrate its potential to underperform the market. It currently has a Growth Score of B.

Is Fastenal going to split?

The stock split will take effect at the close of business on May 22, 2019 . Fastenal helps customers simplify and realize product and process savings across their supply chain.

Which app is best for stock market?

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Where do day traders find stocks?

Check out some of the online financial services, such as Yahoo Finance or Google Finance. These sites will regularly list highly liquid and highly volatile stocks during the day. You can also get this information from most online broker sites in real-time.

What is the most reliable financial news source?

Our research shows the best sources for stock news are Benzinga Pro and MetaStock Xenith for real-time feeds. Bloomberg has the best stock market news App and TV channel. MarketWatch is the best free stock market news channel, and The Economist is best for business, finance, economics, and politics.

Steps To Buying Or Selling Fastenal Company Stocks and Shares

Decide how you want to buy, sell or trade Fastenal Company FAST stocks and shares. Do you want to to trade in Fastenal Company CFD Stocks, Fractional Fastenal Company shares or traditional Fastenal Company Stocks.

Buy or Sell Fastenal Company (FAST) Stock for 49.62 USD

The highest price Fastenal Company stock has been at in the last year is 64.75 USD and its lowest price the last year was 43.37 USD.

How To Buy Or Sell Fastenal Company FAST Stocks & Shares

You can purchase Fastenal Company shares directly through a brokerage account or one of the various investment applications available. These systems allow you to buy, trade, and keep Fastenal Company stocks from the comfort of your own home or smartphone.

Choosing An Fastenal Company Stock Broker

When choosing a Fastenal Company stock broker, make sure you consider the variety of exchanges that the broker offers through which to buy and sell individual Fastenal Company stocks and securities, the commissions and fees charged by the broker for conducting trading in Fastenal Company, and what margin rates the broker offers.

Steps to Trading Fastenal Company FAST Stocks & Shares

You've opted to purchase Fastenal Company FAST stocks and shares. Let's explore what's in store for you before you can declare yourself an Fastenal Company FAST stock shareholder. The procedure is same for any company's stock, and we'll use Fastenal Company FAST as an example.

How To Buy Sell Or Trade Fastenal Company Stock Guide

When it comes to trading, risk is the potential that your Fastenal Company investment might fail to deliver any anticipated monetary gains. This could mean receiving lower returns than expected, or losing the original Fastenal Company investment itself.

Fastenal Company FAST Trading Fees

some Fastenal Company stock brokers are currently offering low or no trading fees for trading Fastenal Company. There is also no account minimum, but there are a variety of promotional offers that you should be aware of before investing in Fastenal Company stock.

What is fastenal company?

Fastenal Company, together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, Mexico, North America, and internationally. It offers fasteners, and related industrial and construction supplies under the Fastenal name. The company's fastener products include threaded fasteners, bolts, nuts, screws, studs, and related washers, which are used in manufactured products and construction projects, as well as in the maintenance and repair of machines. It also offers miscellaneous supplies and hardware, including pins, machinery keys, concrete anchors, metal framing systems, wire ropes, strut products, rivets, and related accessories. The company serves the manufacturing market comprising original equipment manufacturers; maintenance, repair, and operations; and non-residential construction market, which includes general, electrical, plumbing, sheet metal, and road contractors. It also serves farmers, truckers, railroads, mining companies, schools, and retail trades; and oil exploration, production, and refinement companies, as well as federal, state, and local governmental entities. The company distributes its products through a network of 3,268 in-market locations and 16 distribution centers. Fastenal Company was founded in 1967 and is headquartered in Winona, Minnesota.

What is the Fastenal company's governance score?

Fastenal Company's governance score puts it squarely in the 8th percentile of companies rated in the same sector. That could suggest that Fastenal Company is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

What is the environmental score of Fastenal?

Fastenal Company's environmental score of 11.67 puts it squarely in the 8th percentile of companies rated in the same sector. This could suggest that Fastenal Company is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

Is Fastenal a good company?

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Fastenal Company's overall score of 28.05 (as at 01/01/2019) is pretty good – landing it in it in the 37th percentile of companies rated in the same sector.

How to buy Fastenal Co stock on Stash

1. Enter the amount you'd like to invest in Fastenal Co stock, then proceed to checkout.

Invest in Fastenal Co on Stash

Fastenal Company is engaged in wholesale distribution of industrial and construction supplies. The Company is engaged in fastener distribution, and non-fastener maintenance and supply business.

Is Fastenal still cheap?

The stock seems fairly valued at the moment according to my valuation model. It’s trading around 4.7% below my intrinsic value, which means if you buy Fastenal today, you’d be paying a fair price for it. And if you believe that the stock is really worth $35.76, then there’s not much of an upside to gain from mispricing.

Can we expect growth from Fastenal?

Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. Although value investors would argue that it’s the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price.

What this means for you

Are you a shareholder? FAST’s optimistic future growth appears to have been factored into the current share price, with shares trading around its fair value. However, there are also other important factors which we haven’t considered today, such as the financial strength of the company.

Is Fastenal still cheap?

Fastenal is currently expensive based on my price multiple model, where I look at the company's price-to-earnings ratio in comparison to the industry average. I’ve used the price-to-earnings ratio in this instance because there’s not enough visibility to forecast its cash flows.

What does the future of Fastenal look like?

Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. Although value investors would argue that it’s the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price.

What this means for you

Are you a shareholder? It seems like the market has well and truly priced in FAST’s positive outlook, with shares trading above industry price multiples.

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