Shares of Consumer Discretionary sector company Fastenal moved 0.4% today, and are now trading at a price of $42.52. The Large-Cap stock's daily volume was 1,602,464 compared to its average volume of 6,221,960. The S&P 500 index returned a -1.0% performance.
Fastenal Company, together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, Mexico, and internationally. The company is based in Winona and has 21,568 full time employees. Its market capitalization is $48,808,644,608. Fastenal currently offers its equity investors a dividend that yields 2.0% per year.
11 analysts are following Fastenal and have set target prices ranging from $29.5 to $49.0 per share. On average, they have given the company a rating of hold. At today's prices, FAST is trading -3.47% away from its average analyst target price of $44.05 per share.
Over the last year, FAST's share price has increased by 10.1%, which represents a difference of -4.4% when compared to the S&P 500. The stock's 52 week high is $50.63 per share whereas its 52 week low is $35.3. With average free cash flows of $852.9 Million that have been growing at an average rate of 4.4% over the last 5 years, Fastenal is in a position to continue its strong stock performance trend.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2024 | 1,173,300 | 226,500 | 946,800 | -24.85 |
| 2023 | 1,432,700 | 172,800 | 1,259,900 | 64.22 |
| 2022 | 941,000 | 173,800 | 767,200 | 25.05 |
| 2021 | 770,100 | 156,600 | 613,500 | -34.29 |
| 2020 | 1,101,800 | 168,100 | 933,700 | 56.58 |
| 2019 | 842,700 | 246,400 | 596,300 |
