FAST - Fastenal Co.

FAST valuation $13.16 billion

Stock Price

Change: ↓ -0.59 (-1.3114%)
Last Update: 2015-01-30T16:15:46-05:00
Shares Outstanding: 296,440,794
Industry: Industrial Distribution

Fastenal Co was founded by Bob Kierlin in 1967. The company supplies industrial and construction materials in a wholesale and retail fashion. It also offers services like stock management, manufacturing, and tool repair. Reuters has listed Fastenal as an industrial distributor. Its overseas ventures include sales and sourcing. Fastenal is a North American pioneer and leader in the wholesale distribution of industrial and construction supplies. The company distributes the supplies through a channel of 2,600 retail stores in the North American region.

The organization has customers both in manufacturing and non-residential construction markets. The manufacturing market includes both Original Equipment Manufacturers (OEM) and Maintenance and Repair Operations (MRO). The non-residential market includes general, electrical, plumbing, sheet metal, and road contractors. Fastenal’s main stocks are fasteners like screws, rods, bolts and nuts. They also sell Vending machines for MRO wares, drill bits and tool bits. These vending machines are a disruptive technology.

The company had a total of 690,000 products as of 2010. It also incorporates overseas in Singapore, China, Netherlands, Canada, Mexico, Taiwan, Malaysia, Germany and Hungary. As of 2011, the corporation operated 16 distribution centers in the States, Canada, Mexico and Malaysia. Overseas operations are for larger clients than their North American ones. Fastenal Co has been a sponsor of many NASCAR events and drivers. In 2011, Fastenal had net earnings worth $358 Million compared to earnings of $421 Million in 2012. The following are some financials of the company at the end of the second quarter of 2013.

Stock Price Data

Open: 44.63 Previous Close: 44.99
High: 45.1199 Low: 44.27
Bid: 44.37 Ask: 44.50

Bid Size: 900 Ask Size: 100
Raw Bid Size: 9 Raw Ask Size: 1
Trade Volume: 15849 Share Volume: 2508685
Last Trade Date: 2015-01-30 Last Trade Time: 16:15:01-05:00
Vwap: 44.4994682 EPS: 1.66

Fundamental Data

PE ratio: 27.30 PB ratio: 6.927
Beta: 1.014805

52 Week High: 52.21 52 Week Low: 40.18
52 Week High Vwap: 51.5128 52 Week Low Vwap: 38.6761
52 Week High Volume: 7618364 52 Week Low Volume: 589863
52 Week Avg Volume: 1902972

Dividend Data

Dividend: 0.28 Date: 2015-01-28
Amount: 1.12 Yield: 2.489
Frequency: Q Paydate: 2015-02-27
* Quotes delayed 15 minutes

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