Fastenal Company (FAST) Stock Forecast, Price Target & Predictions
FAST Stock Forecast
Fastenal Company stock forecast is as follows: an average price target of $63.44 (represents a -9.14% downside from FAST’s last price of $69.82) and a rating consensus of 'Hold', based on 9 wall street analysts offering a 1-year stock forecast.
FAST Price Target
FAST Analyst Ratings
Fastenal Company Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Sep 06, 2024 | Christopher Snyder | Morgan Stanley | $72.00 | $65.18 | 10.46% | 3.12% |
Jun 06, 2024 | Stephen Volkmann | Jefferies | $74.00 | $63.88 | 15.84% | 5.99% |
May 29, 2024 | David Manthey | Robert W. Baird | $67.00 | $64.76 | 3.46% | -4.04% |
Apr 15, 2024 | Chris Dankert | Loop Capital Markets | $66.00 | $70.45 | -6.32% | -5.47% |
Apr 15, 2024 | Wesley Brooks | HSBC | $64.00 | $70.45 | -9.16% | -8.34% |
Apr 12, 2024 | Nigel Coe | Wolfe Research | $62.00 | $69.97 | -11.39% | -11.20% |
Apr 12, 2024 | David Manthey | Robert W. Baird | $71.00 | $69.88 | 1.60% | 1.69% |
Apr 10, 2024 | Wesley Brooks | HSBC | $59.00 | $75.90 | -22.27% | -15.50% |
Oct 11, 2023 | David Manthey | Robert W. Baird | $57.00 | $55.85 | 2.06% | -18.36% |
Apr 13, 2023 | Michael Hoffman | Stifel Nicolaus | $61.00 | $52.56 | 16.06% | -12.63% |
Fastenal Company Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | 1 | 1 | 9 |
Avg Price Target | $72.00 | $72.00 | $65.78 |
Last Closing Price | $69.82 | $69.82 | $69.82 |
Upside/Downside | 3.12% | 3.12% | -5.79% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Sep 06, 2024 | Stephens | Buy | Buy | Hold |
Sep 06, 2024 | Morgan Stanley | Equal-Weight | Positive | Initialise |
Sep 06, 2024 | Morgan Stanley | Underweight | Equal-Weight | Initialise |
Jul 15, 2024 | Stephens | Buy | Buy | Hold |
Jul 10, 2024 | Loop Capital Markets | Hold | Hold | Hold |
Jul 10, 2024 | HSBC | Hold | Hold | Hold |
Jun 06, 2024 | Jefferies | Hold | Hold | Hold |
Apr 15, 2024 | BMO Capital | Outperform | Outperform | Hold |
Apr 15, 2024 | Loop Capital Markets | Hold | Hold | Hold |
Apr 15, 2024 | HSBC | Hold | Hold | Hold |
Fastenal Company Financial Forecast
Fastenal Company Revenue Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $1.76B | - | $1.88B | $1.86B | $1.70B | $1.80B | - | $1.70B | $1.53B | $1.55B | $1.51B | $1.42B | $1.36B | $1.41B | $1.51B | $1.37B | $1.28B | $1.38B |
Avg Forecast | $2.11B | $2.20B | $2.19B | $2.08B | $1.97B | $2.05B | $2.05B | $1.95B | $1.84B | $1.91B | $1.91B | $1.91B | $1.75B | $1.85B | $1.89B | $1.86B | $1.68B | $1.79B | $1.79B | $1.69B | $1.51B | $1.54B | $1.51B | $1.42B | $1.34B | $1.42B | $1.49B | $1.36B | $1.29B | $1.37B |
High Forecast | $2.14B | $2.23B | $2.22B | $2.11B | $2.00B | $2.08B | $2.08B | $1.98B | $1.87B | $1.93B | $1.94B | $1.94B | $1.76B | $1.87B | $1.92B | $1.89B | $1.71B | $1.82B | $1.79B | $1.72B | $1.54B | $1.57B | $1.53B | $1.45B | $1.37B | $1.44B | $1.52B | $1.38B | $1.31B | $1.40B |
Low Forecast | $2.10B | $2.18B | $2.17B | $2.07B | $1.95B | $2.04B | $2.03B | $1.93B | $1.83B | $1.89B | $1.90B | $1.90B | $1.74B | $1.83B | $1.87B | $1.85B | $1.67B | $1.78B | $1.79B | $1.67B | $1.49B | $1.52B | $1.49B | $1.40B | $1.33B | $1.40B | $1.47B | $1.34B | $1.27B | $1.36B |
# Analysts | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 4 | 9 | 4 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 | 6 | 4 | 6 | 4 | 6 | 4 | 5 | 3 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | - | 1.00% | 1.00% | 1.01% | 1.01% | - | 1.01% | 1.01% | 1.01% | 1.00% | 1.00% | 1.01% | 1.00% | 1.01% | 1.01% | 0.99% | 1.01% |
Fastenal Company EBITDA Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 4 | 9 | 4 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 | 6 | 4 | 6 | 4 | 6 | 4 | 5 | 3 |
EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $397.10M | - | $440.40M | $438.10M | $378.00M | $423.50M | - | $402.00M | $344.50M | $361.30M | $360.10M | $322.30M | $306.70M | $331.30M | $356.80M | $310.00M | $276.90M | $319.30M |
Avg Forecast | $487.37M | $506.75M | $505.59M | $480.45M | $453.67M | $473.89M | $471.96M | $449.79M | $424.41M | $440.81M | $441.72M | $464.80M | $404.18M | $426.07M | $435.66M | $422.55M | $388.10M | $387.74M | $411.93M | $384.13M | $326.37M | $352.49M | $351.32M | $322.30M | $297.41M | $322.35M | $297.33M | $300.88M | $276.90M | $310.43M |
High Forecast | $494.51M | $514.18M | $513.01M | $487.49M | $460.32M | $480.84M | $478.88M | $456.38M | $430.63M | $445.40M | $448.20M | $557.76M | $406.49M | $432.32M | $442.04M | $507.06M | $393.79M | $465.28M | $411.93M | $460.96M | $391.64M | $422.99M | $421.58M | $386.76M | $356.89M | $386.82M | $356.80M | $361.06M | $332.28M | $372.52M |
Low Forecast | $483.52M | $502.74M | $501.60M | $476.65M | $450.09M | $470.15M | $468.24M | $446.24M | $421.05M | $436.22M | $438.23M | $371.84M | $401.87M | $422.71M | $432.21M | $338.04M | $385.04M | $310.19M | $411.93M | $307.31M | $261.09M | $281.99M | $281.05M | $257.84M | $237.92M | $257.88M | $237.87M | $240.71M | $221.52M | $248.34M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.98% | - | 1.01% | 1.04% | 0.97% | 1.09% | - | 1.05% | 1.06% | 1.03% | 1.03% | 1.00% | 1.03% | 1.03% | 1.20% | 1.03% | 1.00% | 1.03% |
Fastenal Company Net Income Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 4 | 9 | 4 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 | 6 | 4 | 6 | 4 | 6 | 4 | 5 | 3 |
Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $266.40M | - | $298.00M | $295.10M | $245.60M | $284.60M | - | $269.60M | $231.20M | $243.50M | $239.70M | $210.60M | $196.10M | $221.50M | $238.90M | $202.60M | $178.70M | $213.50M |
Avg Forecast | $318.63M | $341.60M | $338.73M | $312.89M | $294.44M | $317.40M | $314.12M | $298.54M | $277.14M | $294.86M | $292.33M | $311.72M | $259.11M | $288.16M | $302.32M | $283.38M | $241.95M | $261.32M | $286.61M | $257.62M | $219.03M | $237.56M | $233.85M | $210.60M | $190.16M | $215.51M | $199.08M | $196.64M | $178.70M | $207.57M |
High Forecast | $324.71M | $348.11M | $345.18M | $318.86M | $300.05M | $323.46M | $320.11M | $304.23M | $282.42M | $300.48M | $297.90M | $374.06M | $264.87M | $293.65M | $308.08M | $340.06M | $246.56M | $313.58M | $286.61M | $309.14M | $262.84M | $285.07M | $280.62M | $252.72M | $228.19M | $258.62M | $238.90M | $235.97M | $214.44M | $249.08M |
Low Forecast | $315.36M | $338.09M | $335.25M | $309.68M | $291.41M | $314.14M | $310.89M | $295.47M | $274.29M | $289.19M | $289.32M | $249.37M | $256.45M | $285.20M | $299.21M | $226.70M | $239.47M | $209.05M | $286.61M | $206.09M | $175.23M | $190.05M | $187.08M | $168.48M | $152.13M | $172.41M | $159.27M | $157.31M | $142.96M | $166.06M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.03% | - | 0.99% | 1.04% | 1.02% | 1.09% | - | 1.05% | 1.06% | 1.03% | 1.03% | 1.00% | 1.03% | 1.03% | 1.20% | 1.03% | 1.00% | 1.03% |
Fastenal Company SG&A Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 4 | 9 | 4 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 | 6 | 4 | 6 | 4 | 6 | 4 | 5 | 3 |
SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $445.50M | - | $462.60M | $456.80M | - | $447.30M | - | $435.30M | $412.00M | $401.80M | $382.90M | $363.10M | $354.70M | $351.50M | $355.30M | $365.90M | $359.90M | $369.20M |
Avg Forecast | $534.11M | $555.34M | $554.08M | $526.52M | $497.18M | $519.34M | $517.23M | $492.93M | $465.11M | $483.08M | $484.08M | $503.30M | $442.94M | $466.93M | $477.44M | $457.55M | $425.32M | $431.20M | $451.43M | $415.95M | $390.32M | $392.00M | $373.56M | $363.10M | $343.95M | $342.00M | $296.08M | $355.14M | $359.90M | $358.94M |
High Forecast | $541.94M | $563.48M | $562.20M | $534.24M | $504.47M | $526.95M | $524.81M | $500.15M | $471.93M | $488.11M | $491.18M | $603.96M | $445.48M | $473.78M | $484.43M | $549.06M | $431.55M | $517.44M | $451.43M | $499.14M | $468.38M | $470.40M | $448.27M | $435.72M | $412.74M | $410.40M | $355.30M | $426.17M | $431.88M | $430.73M |
Low Forecast | $529.89M | $550.96M | $549.70M | $522.36M | $493.25M | $515.23M | $513.14M | $489.03M | $461.43M | $478.05M | $480.26M | $402.64M | $440.41M | $463.24M | $473.66M | $366.04M | $421.96M | $344.96M | $451.43M | $332.76M | $312.25M | $313.60M | $298.85M | $290.48M | $275.16M | $273.60M | $236.87M | $284.11M | $287.92M | $287.16M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | - | 0.97% | 1.00% | - | 1.04% | - | 1.05% | 1.06% | 1.02% | 1.03% | 1.00% | 1.03% | 1.03% | 1.20% | 1.03% | 1.00% | 1.03% |
Fastenal Company EPS Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 4 | 9 | 4 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 | 6 | 4 | 6 | 4 | 6 | 4 | 5 | 3 |
EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.47 | - | $0.52 | $0.52 | $0.43 | $0.50 | - | $0.47 | $0.40 | $0.42 | $0.42 | $0.37 | $0.34 | $0.39 | $0.42 | $0.35 | $0.31 | $0.37 |
Avg Forecast | $0.56 | $0.59 | $0.59 | $0.55 | $0.51 | $0.55 | $0.55 | $0.52 | $0.48 | $0.51 | $0.51 | $0.53 | $0.45 | $0.50 | $0.53 | $0.51 | $0.42 | $0.48 | $0.50 | $0.45 | $0.38 | $0.42 | $0.41 | $0.37 | $0.33 | $0.37 | $0.37 | $0.34 | $0.31 | $0.35 |
High Forecast | $0.57 | $0.61 | $0.60 | $0.56 | $0.52 | $0.56 | $0.56 | $0.53 | $0.49 | $0.52 | $0.52 | $0.54 | $0.46 | $0.51 | $0.54 | $0.51 | $0.43 | $0.49 | $0.50 | $0.46 | $0.39 | $0.43 | $0.42 | $0.37 | $0.34 | $0.38 | $0.37 | $0.35 | $0.32 | $0.36 |
Low Forecast | $0.55 | $0.59 | $0.58 | $0.54 | $0.51 | $0.55 | $0.54 | $0.51 | $0.48 | $0.50 | $0.50 | $0.52 | $0.45 | $0.50 | $0.52 | $0.50 | $0.42 | $0.48 | $0.50 | $0.44 | $0.37 | $0.41 | $0.41 | $0.36 | $0.33 | $0.37 | $0.36 | $0.34 | $0.31 | $0.35 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.04% | - | 0.99% | 1.03% | 1.02% | 1.03% | - | 1.05% | 1.06% | 1.01% | 1.02% | 1.01% | 1.02% | 1.04% | 1.15% | 1.02% | 0.99% | 1.04% |
Fastenal Company Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
MSM | MSC Industrial Direct | $79.48 | $105.71 | 33.00% | Buy |
CNM | Core & Main | $40.83 | $49.60 | 21.48% | Buy |
SITE | SiteOne Landscape Supply | $141.04 | $151.71 | 7.57% | Hold |
AIT | Applied Industrial | $203.98 | $218.33 | 7.04% | Buy |
FERG | Ferguson | $193.07 | $206.00 | 6.70% | Buy |
POOL | Pool | $356.02 | $325.20 | -8.66% | Buy |
FAST | Fastenal Company | $69.82 | $63.44 | -9.14% | Hold |
WSO | Watsco | $476.71 | $370.00 | -22.38% | Hold |
GWW | W.W. Grainger | $993.82 | $760.25 | -23.50% | Buy |
FAST Forecast FAQ
Is Fastenal Company a good buy?
No, according to 9 Wall Street analysts, Fastenal Company (FAST) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 44.44% of FAST's total ratings.
What is FAST's price target?
Fastenal Company (FAST) average price target is $63.44 with a range of $50 to $74, implying a -9.14% from its last price of $69.82. The data is based on 9 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Fastenal Company stock go up soon?
According to Wall Street analysts' prediction for FAST stock, the company can go down by -9.14% (from the last price of $69.82 to the average price target of $63.44), up by 5.99% based on the highest stock price target, and down by -28.39% based on the lowest stock price target.
Can Fastenal Company stock reach $100?
FAST's average twelve months analyst stock price target of $63.44 does not support the claim that Fastenal Company can reach $100 in the near future.
What is Fastenal Company's current price target trend?
1 Wall Street analyst forecast a $72 price target for Fastenal Company (FAST) this month, up 3.12% from its last price of $69.82. Compared to the last 3 and 12 months, the average price target increased by 3.12% and decreased by -5.79%, respectively.
What are Fastenal Company's analysts' financial forecasts?
Fastenal Company's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $8.02B (high $8.13B, low $7.95B), average EBITDA is $1.85B (high $1.88B, low $1.83B), average net income is $1.22B (high $1.25B, low $1.21B), average SG&A $2.03B (high $2.06B, low $2.01B), and average EPS is $2.13 (high $2.17, low $2.11). FAST's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $8.58B (high $8.71B, low $8.52B), average EBITDA is $1.98B (high $2.01B, low $1.96B), average net income is $1.31B (high $1.34B, low $1.3B), average SG&A $2.17B (high $2.2B, low $2.15B), and average EPS is $2.28 (high $2.33, low $2.26).
Did the FAST's actual financial results beat the analysts' financial forecasts?
Based on Fastenal Company's last annual report (Dec 2023), the company's revenue was $7.35B, which missed the average analysts forecast of $7.35B by -0.07%. Apple's EBITDA was $1.71B, beating the average prediction of $1.69B by 1.04%. The company's net income was $1.16B, beating the average estimation of $1.13B by 1.94%. Apple's SG&A was $1.83B, missing the average forecast of $1.84B by -1.03%. Lastly, the company's EPS was $2.02, beating the average prediction of $1.98 by 1.77%. In terms of the last quarterly report (Dec 2023), Fastenal Company's revenue was $1.76B, beating the average analysts' forecast of $1.75B by 0.38%. The company's EBITDA was $397.1M, missing the average prediction of $404.18M by -1.75%. Fastenal Company's net income was $266.4M, beating the average estimation of $259.11M by 2.81%. The company's SG&A was $445.5M, beating the average forecast of $442.94M by 0.58%. Lastly, the company's EPS was $0.47, beating the average prediction of $0.451 by 4.14%