Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Fastenal Co Market Cap
Based on ratings from 6 stock analysts, the Fastenal Co stock price is expected to increase by 0.71% in 12 months. This is calculated by using the average 12-month stock price forecast for Fastenal Co. The lowest target is $63.00 and the highest is $78.00. Please note analyst price targets are not guaranteed and could be missed completely.
About 6 Wall Street analysts have assigned FAST 2 buy ratings, 4 hold ratings, and 0 sell ratings. This means that analysts expect Fastenal Co to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on FAST. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| chris dankert Loop Capital Markets | Hold | $64.0 | reiterated | Feb 7, 2024 |
| david manthey Robert W. Baird | Hold | $74.0 | maintained | Feb 6, 2024 |
| john eade Argus Research | Buy | $78.0 | maintained | Jan 23, 2024 |
| christopher snyder UBS | Hold | $71.0 | maintained | Jan 22, 2024 |
| michael e. hoffman Stifel Nicolaus | Buy | $75.0 | reiterated | Jan 19, 2024 |
| kenneth newman KeyBanc | Hold | None | maintained | Jan 19, 2024 |
| tommy moll Stephens | Hold | $63.0 | maintained | Jan 18, 2024 |
| nigel coe Wolfe Research | Sell | $56.0 | maintained | Oct 16, 2023 |
| patrick baumann J.P. Morgan | Hold | $57.0 | maintained | Oct 13, 2023 |
| wesley brooks HSBC | Hold | $59.0 | initiatedcoverage | Sep 15, 2023 |
| joshua pokrzywinski Morgan Stanley | Sell | $50.0 | maintained | Jul 14, 2023 |
| stephen volkmann Jefferies | Hold | $60.0 | maintained | Jun 16, 2023 |
| betsy graseck Morgan Stanley | Sell | $46.0 | maintained | Apr 5, 2023 |
| sam darkatsh Raymond James | Sell | None | reiterated | Jan 20, 2023 |
| michael mcginn Wells Fargo | Hold | $60.0 | maintained | Apr 14, 2022 |
| kevin marek Deutsche Bank | Hold | None | rated | Oct 5, 2021 |
| hamzah mazari Jefferies | Hold | $46.0 | maintained | Jul 15, 2020 |
| blake hirschman Stephens | Hold | $32.0 | reiterated | Apr 13, 2020 |
| robert barry Buckingham | Hold | $36.0 | maintained | Jan 21, 2020 |
| ryan merkel William Blair | Hold | None | maintained | Jan 17, 2020 |
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 that 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 customers; non-residential construction market; 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. Fastenal Company was founded in 1967 and is headquartered in Winona, Minnesota.
When did it IPO
1987
Staff Count
20,721
Country
United States
Sector/Industry
Industrials/Industrial Distribution
CEO
Mr. Daniel L. Florness
Market Cap
$40.10B
In 2023, FAST generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that FAST's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2019
Revenue From 2020
Revenue From 2021
Revenue From 2022
DDOG-USD
$125.84
$133.39
$162.41
$77.47
KHC-USD
$35.62
EA-USD
$141.17
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