FAST - Fastenal Company - Stock Forecast

Industrials - Sector
Coverage Profile Stock analysts Price Targets & Ratings Chart Insider Trading

FAST is currently covered by 11 analysts with an average price target of $77.75. This is a potential upside of $2.93 (3.92%) from yesterday's end of day stock price of $74.82.

Fastenal Company's activity chart (see below) currently has 121 price targets and 115 ratings on display. The stock rating distribution of FAST is 18.42% SELL, 63.16% HOLD and 18.42% BUY.

Stock Analyst Price Targets - Review

Analysts average stock forecasts to be materialized ratio is 84.26% with an average time for these price targets to be met of 219.45 days.

Highest price target for FAST is $86, Lowest price target is $66, average price target is $77.75.

Most recent stock forecast was given by MICHAEL HOFFMAN from STIFEL on 11-Dec-2024. First documented stock forecast 22-Jan-2008.

What is Fastenal?

Fastenal is a wholesale distributor of industrial and construction supplies.

What are the products or services of Fastenal?

  • Fasteners – threaded fasteners, bolts, nuts, screws, studs, and washers.
  • Safety Products – personal protective equipment (PPE), first aid supplies, and spill control products.
  • Tools-  drills, saws, hammers, and wrenches.
  • Janitorial and Sanitation Products – soaps, disinfectants, and trash bags.
  • Electrical Products –  wires, cables, connectors, and electrical tools.
  • Abrasives and Cutting Tools – grinding wheels, sandpaper, and saw blades.
  • Hydraulics and Pneumatics – hoses, cylinders, pumps, and valves.
  • Material Handling Products – pallet jacks, casters, and dollies.
  • Welding Products –  machines, rods, and helmets.
  • Raw Materials – metals, plastics, and composites.

Fastenal’s Performance History

Fastenal was founded in 1967 and went public in 1987.

Currently out of the existing stock ratings of FAST, 7 are a SELL (18.42%), 24 are a HOLD (63.16%), 7 are a BUY (18.42%).

Analyst name

Rating

Current price target

Potential Upside

Previous price target

Date

Price targets met ratio

Average potential upside

Average Time (Days) For PT To Be Met

Performance score

Buy

$86

$11.18 (14.94%)

$85

11 days ago
(11-Dec-2024)

3/5 (60%)

$6.34 (7.96%)

131

Hold

$85

$10.18 (13.61%)

$65

16 days ago
(06-Dec-2024)

3/4 (75%)

$3.95 (4.87%)

44

Hold

$80

$5.18 (6.92%)

$69

2 months 8 days ago
(14-Oct-2024)

27/27 (100%)

$3.31 (4.32%)

275

Hold

$72

$-2.82 (-3.77%)

$50

2 months 8 days ago
(14-Oct-2024)

1/5 (20%)

$-4.69 (-6.12%)

185

Hold

$75

$0.18 (0.24%)

$56

2 months 8 days ago
(14-Oct-2024)

5/6 (83.33%)

$-1.69 (-2.20%)

431

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What is FAST (Fastenal Company) average time for price targets to be met?

On average it took 219.45 days on average for the stock forecasts to be realized with a an average price target met ratio 84.26

Which analyst has the current highest performing score on FAST (Fastenal Company) with a proven track record?

JOHN EADE

Which analyst has the most public recommendations on FAST (Fastenal Company)?

John Eade works at ARGUS and has 4 price targets and 3 ratings on FAST

Which analyst is the currently most bullish on FAST (Fastenal Company)?

Michael Hoffman with highest potential upside - $11.18

Which analyst is the currently most reserved on FAST (Fastenal Company)?

Scott Graham with lowest potential downside - -$42.32

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