FAST - Fastenal Company - Stock Forecast

Industrials - Sector

Coverage Profile Performance Price Targets & Ratings Chart Insider Trading

FAST is currently covered by 12 analysts with an average price target of $72.43. This is a potential upside of $3.64 (5.29%) from yesterday's end of day stock price of $68.79.

Fastenal Company's activity chart (see below) currently has 103 price targets and 102 ratings on display. The stock rating distribution of FAST is 39.29% HOLD, 25% BUY and 35.71% SELL.

Stock Analyst Price Targets - Review

Analysts average stock forecasts to be materialized ratio is 86.57% with an average time for these price targets to be met of 223.6 days.

Highest price target for FAST is $85, Lowest price target is $50, average price target is $72.43.

Most recent stock forecast was given by MICHAEL HOFFMAN from STIFEL on 18-Mar-2024. First documented stock forecast 04-Mar-2015.

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.

Best performing analysts who are covering FAST - Fastenal Company:

Tommy Moll John Eade Michael Mcginn Sam Darkatsh Samuel Darkatsh Michael Hoffman Kevin Marek Chris Dankert David Manthey Stephen Volkmann

Currently out of the existing stock ratings of FAST, 11 are a HOLD (39.29%), 7 are a BUY (25%), 10 are a SELL (35.71%).

Analyst name

Rating

Current price target

Potential distance

Previous price target

Date

Price targets met ratio

Average potential upside

Average Time (Days) For PT To Be Met

Performance score

Michael Hoffman (STIFEL)

Buy

85

$9.11 (12.00%)

75

1 months ago

3/4 (75%)

$9.3 (12.29%)

131

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David Manthey (BAIRD)

Hold

77

$1.11 (1.46%)

73

1 months 11 days ago

22/22 (100%)

$1.06 (1.40%)

263

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John Eade (ARGUS)

Buy

64

$-11.89 (-15.67%)

55

9 months 1 days ago

7/7 (100%)

$7.76 (13.80%)

314

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Patrick Baumann (JPMORGAN)

Hold

50

$-25.89 (-34.12%)

34

9 months 4 days ago

1/4 (25%)

$-6.44 (-11.41%)

185

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Betsy Graseck (MORGAN STANLEY)

Sell

50

$-25.89 (-34.12%)

46

9 months 6 days ago

0/2 (0%)

$-7.67 (-13.30%)

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

On average it took 223.6 days on average for the stock forecasts to be realized with a an average price target met ratio 86.57

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

TOMMY MOLL

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

Tommy Moll works at STEPHENS and has 10 price targets and 7 ratings on FAST

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

Michael Hoffman with highest potential upside - $9.11

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

Andrew Buscaglia with lowest potential downside - -$34.19