The 52-week price range is $33.93-$49.99 and the company has a market capitalization of $14.14 billion. Analysts covering the shares maintain a consensus Buy rating, according to Zacks Investment Research. 2 analyst has rated the stock with a sell rating, 8 has assigned a hold rating, 0 says it’s a buy, and 3 have assigned a strong buy rating to the company.
Fastenal Company (FAST) on March 25, 2016 announced the date and time for their conference call to review 2016 first quarter results, as well as current operations. The conference call will be broadcast live over the Internet on Tuesday, April 12, 2016 at 9:00 a.m. Central Time.
An online archive of the broadcast will be available within one hour of the conclusion of the call and will be available until June 1, 2016. Participants must have a soundcard and speakers to listen to the online broadcast.
Fastenal sells different types of industrial and construction supplies in the following product categories: threaded fasteners and miscellaneous supplies; tools; metal cutting tool blades and abrasives; fluid transfer components and accessories for hydraulic and pneumatic power; material handling; storage and packaging products; janitorial, chemical and paint products; electrical supplies; welding supplies; safety supplies; metals, alloys and materials; and office supplies.
Fastenal operates approximately 2,600 stores located primarily in North America with additional locations in Asia, Europe, Central and South America, and Africa. The Company operates 14 distribution centers in North America; eleven in the United States – Minnesota, Indiana, Ohio, Pennsylvania, Texas, Georgia, Washington, California, Utah, North Carolina, and Kansas, and three outside the United States – Ontario, Canada; Alberta, Canada; and Nuevo Leon, Mexico.
Fastenal Company, together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, and internationally. It offers fasteners, and other industrial and construction supplies primarily under the Fastenal name. The company’s fastener products include threaded fasteners, such as bolts, nuts, screws, studs, and related washers, which are used in manufactured products and building projects, as well as in the maintenance and repair of machines and structures. It also offers miscellaneous supplies and hardware, including various pins and 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 include 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 approximately 2,600 company owned stores. Fastenal Company was founded in 1967 and is headquartered in Winona, Minnesota.
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