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Fastenal - FAST Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $77.40
  • Forecasted Upside: 3.45%
  • Number of Analysts: 10
  • Breakdown:
  • 1 Sell Ratings
  • 8 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$74.82 As of 12/20/2024 06:31 PM ET
▲ +0.79 (1.07%)

This chart shows the closing price for FAST by one month, three months, or twelve months.

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Analyst Price Target for FAST

Analyst Price Target is $77.40
▲ +3.45% Upside Potential
This price target is based on 10 analysts offering 12 month price targets for Fastenal in the last 3 months. The average price target is $77.40, with a high forecast of $88.00 and a low forecast of $63.00. The average price target represents a 3.45% upside from the last price of $74.82.

This chart shows the closing price for FAST for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 10 polled investment analysts is to hold stock in Fastenal. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 1 sell ratings
Ratings as of
6/30/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 5 hold ratings
  • 1 sell ratings
Ratings as of
9/28/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 1 sell ratings
Ratings as of
12/27/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
3/26/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
6/24/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 6 hold ratings
  • 0 sell ratings
Ratings as of
9/22/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 8 hold ratings
  • 0 sell ratings
Ratings as of
11/21/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 8 hold ratings
  • 1 sell ratings
Ratings as of
12/21/2024

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 8 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
12/11/2024Hsbc Global ResDowngradeHold ➝ Moderate Sell
12/11/2024HSBCDowngradeHold ➝ Reduce$70.00
12/11/2024Stifel NicolausDowngradeBuy ➝ Hold$86.00 ➝ $86.00
12/6/2024Jefferies Financial GroupBoost TargetHold ➝ Hold$74.00 ➝ $85.00
11/13/2024UBS GroupInitiated CoverageNeutral ➝ Neutral$71.00 ➝ $88.00
10/14/2024Morgan StanleyBoost TargetEqual Weight ➝ Equal Weight$72.00 ➝ $76.00
10/14/2024Stifel NicolausReiterated RatingBuy ➝ Buy$80.00 ➝ $86.00
10/14/2024Robert W. BairdBoost TargetNeutral ➝ Neutral$67.00 ➝ $80.00
10/14/2024StephensBoost TargetEqual Weight ➝ Equal Weight$56.00 ➝ $75.00
10/10/2024JPMorgan Chase & Co.Boost TargetNeutral ➝ Neutral$57.00 ➝ $63.00
10/7/2024Bank of AmericaInitiated CoverageBuy$85.00
9/6/2024Morgan StanleyInitiated CoverageEqual Weight$72.00
7/15/2024StephensReiterated RatingEqual Weight ➝ Equal Weight$56.00 ➝ $56.00
7/15/2024Stifel NicolausReiterated RatingBuy ➝ Buy$85.00 ➝ $80.00
7/11/2024Jefferies Financial GroupLower TargetHold ➝ Hold$74.00 ➝ $65.00
5/7/2024Robert W. BairdLower TargetNeutral ➝ Neutral$71.00 ➝ $69.00
4/15/2024Loop CapitalLower TargetHold ➝ Hold$71.00 ➝ $66.00
4/15/2024HSBCBoost TargetHold ➝ Hold$59.00 ➝ $64.00
4/12/2024Robert W. BairdLower TargetNeutral ➝ Neutral$77.00 ➝ $71.00
3/18/2024Stifel NicolausBoost TargetBuy ➝ Buy$75.00 ➝ $85.00
3/7/2024Robert W. BairdBoost TargetNeutral ➝ Neutral$74.00 ➝ $77.00
1/19/2024Robert W. BairdBoost TargetNeutral ➝ Neutral$62.00 ➝ $73.00
1/19/2024Stifel NicolausBoost TargetBuy ➝ Buy$69.00 ➝ $75.00
10/13/2023Stifel NicolausBoost TargetBuy ➝ Buy$61.00 ➝ $66.00
9/15/2023HSBCInitiated CoverageHold$59.00
7/14/2023Robert W. BairdBoost Target$57.00 ➝ $60.00
7/13/2023StephensDowngradeOverweight ➝ Equal Weight$60.00
6/16/2023Jefferies Financial GroupBoost Target$50.00 ➝ $60.00
4/14/2023Robert W. BairdBoost TargetNeutral$56.00 ➝ $57.00
4/5/2023Morgan StanleyBoost TargetUnderweight$42.00 ➝ $46.00
4/3/2023Stifel NicolausInitiated CoverageBuy$61.00
1/23/2023Loop CapitalLower TargetHold$54.00 ➝ $53.00
1/6/2023Morgan StanleyLower TargetUnderweight$43.00 ➝ $42.00
10/17/2022Jefferies Financial GroupReiterated RatingHold$50.00
10/14/2022Morgan StanleyBoost TargetUnderweight$42.00 ➝ $43.00
7/15/2022ArgusLower TargetBuy$66.00 ➝ $55.00
7/14/2022Morgan StanleyLower TargetUnderweight$48.00 ➝ $42.00
7/14/2022Robert W. BairdDowngradeOutperform ➝ Neutral$48.00
7/14/2022UBS GroupLower TargetNeutral$62.00 ➝ $50.00
4/14/2022Morgan StanleyBoost TargetUnderweight$53.00 ➝ $56.00
4/14/2022Wells Fargo & CompanyBoost TargetEqual Weight$58.00 ➝ $60.00
4/7/2022Morgan StanleyLower TargetUnderweight$54.00 ➝ $53.00
3/8/2022Wells Fargo & CompanyUpgradeUnderweight ➝ Equal Weight$50.00 ➝ $58.00
3/7/2022Robert W. BairdBoost Target$64.00 ➝ $66.00
1/20/2022Morgan StanleyBoost TargetUnderweight$53.00 ➝ $54.00
1/20/2022Robert W. BairdBoost Target$63.00 ➝ $64.00
1/20/2022Wells Fargo & CompanyBoost Target$45.00 ➝ $50.00
1/14/2022Morgan StanleyBoost TargetUnderweight$48.00 ➝ $53.00
12/7/2021Loop CapitalBoost TargetHold ➝ Hold$53.00 ➝ $57.00
12/7/2021Robert W. BairdBoost TargetOutperform$59.00 ➝ $62.00
10/8/2021Wells Fargo & CompanyDowngradeEqual Weight ➝ Underweight$50.00 ➝ $45.00
8/23/2021StephensBoost TargetOverweight$60.00 ➝ $65.00
8/3/2021Loop CapitalInitiated CoverageHold$52.00
7/14/2021Robert W. BairdBoost TargetOutperform$54.00 ➝ $58.00
6/15/2021Morgan StanleyDowngradeEqual Weight ➝ Underweight$53.00 ➝ $48.00
4/14/2021Morgan StanleyBoost TargetEqual Weight$49.00 ➝ $53.00
4/14/2021Robert W. BairdBoost TargetOutperform$50.00 ➝ $53.00
1/21/2021Morgan StanleyBoost TargetEqual Weight$47.00 ➝ $49.00
12/16/2020Deutsche Bank AktiengesellschaftDowngradeBuy ➝ Hold$51.00
10/15/2020StephensInitiated CoverageOverweight
10/15/2020ArgusBoost TargetPositive ➝ Buy$43.00 ➝ $52.00
10/14/2020Deutsche Bank AktiengesellschaftLower Target$54.00 ➝ $52.00
10/14/2020Morgan StanleyBoost TargetEqual Weight$46.00 ➝ $47.00
9/15/2020UBS GroupInitiated CoverageNeutral$44.00
9/4/2020Raymond JamesDowngradeMarket Perform ➝ Underperform
9/3/2020Wells Fargo & CompanyDowngradeOverweight ➝ Equal Weight$50.00
7/27/2020Deutsche Bank AktiengesellschaftBoost TargetBuy$49.00 ➝ $51.00
7/15/2020Jefferies Financial GroupReiterated RatingHold$46.00
7/15/2020Morgan StanleyBoost TargetEqual Weight$36.00 ➝ $46.00
7/2/2020Wells Fargo & CompanyBoost TargetOverweight$45.00 ➝ $50.00
7/1/2020Deutsche Bank AktiengesellschaftInitiated CoverageBuy$50.00
6/23/2020JPMorgan Chase & Co.UpgradeUnderweight ➝ Neutral$34.00
5/7/2020Robert W. BairdBoost TargetOutperform$39.00 ➝ $42.00
5/7/2020Morgan StanleyBoost TargetEqual Weight$34.00 ➝ $36.00
4/19/2020JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight
4/15/2020Robert W. BairdBoost TargetOutperform$38.00 ➝ $39.00
4/15/2020Morgan StanleyBoost TargetEqual Weight$31.00 ➝ $34.00
4/15/2020StephensBoost TargetEqual Weight$32.00 ➝ $35.00
4/13/2020StephensLower TargetEqual Weight$37.00 ➝ $32.00
4/7/2020JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight$26.00
3/19/2020Wells Fargo & CompanyUpgradeEqual Weight ➝ Overweight$45.00
3/17/2020Morgan StanleyLower TargetEqual Weight$37.00 ➝ $30.00
3/13/2020Robert W. BairdUpgradeNeutral ➝ Outperform$38.00 ➝ $40.00
1/21/2020Buckingham ResearchBoost TargetNeutral$33.00 ➝ $36.00
(Data available from 12/21/2019 forward)

News Sentiment Rating

1.29 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 24 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
5/25/2024
  • 35 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
6/24/2024
  • 25 very positive mentions
  • 14 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/24/2024
  • 20 very positive mentions
  • 19 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
Mentions as of
8/23/2024
  • 29 very positive mentions
  • 14 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
9/22/2024
  • 39 very positive mentions
  • 30 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
10/22/2024
  • 45 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/21/2024
  • 53 very positive mentions
  • 13 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
Mentions as of
12/21/2024

Current Sentiment

  • 53 very positive mentions
  • 13 positive mentions
  • 4 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

Fastenal logo
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.
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Today's Range

Now: $74.82
Low: $73.42
High: $75.17

50 Day Range

MA: $79.90
Low: $74.03
High: $84.35

52 Week Range

Now: $74.82
Low: $61.33
High: $84.88

Volume

7,629,891 shs

Average Volume

3,254,062 shs

Market Capitalization

$42.86 billion

P/E Ratio

37.22

Dividend Yield

2.01%

Beta

1

Frequently Asked Questions

What sell-side analysts currently cover shares of Fastenal?

The following sell-side analysts have issued research reports on Fastenal in the last twelve months: Bank of America Co., Hsbc Global Res, HSBC Holdings plc, Jefferies Financial Group Inc., JPMorgan Chase & Co., Loop Capital, Morgan Stanley, Robert W. Baird, Stephens, Stifel Nicolaus, and UBS Group AG.
View the latest analyst ratings for FAST.

What is the current price target for Fastenal?

0 Wall Street analysts have set twelve-month price targets for Fastenal in the last year. Their average twelve-month price target is $77.40, suggesting a possible upside of 3.4%. UBS Group AG has the highest price target set, predicting FAST will reach $88.00 in the next twelve months. JPMorgan Chase & Co. has the lowest price target set, forecasting a price of $63.00 for Fastenal in the next year.
View the latest price targets for FAST.

What is the current consensus analyst rating for Fastenal?

Fastenal currently has 1 sell rating, 8 hold ratings and 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in FAST, but not buy more shares or sell existing shares.
View the latest ratings for FAST.

What other companies compete with Fastenal?

Other companies that are similar to Fastenal include W.W. Grainger, United Rentals, Watsco, Applied Industrial Technologies and WESCO International. Learn More about companies similar to Fastenal.

How do I contact Fastenal's investor relations team?

Fastenal's physical mailing address is 2001 THEURER BLVD, WINONA MN, 55987. The company's listed phone number is (507) 454-5374 and its investor relations email address is [email protected]. The official website for Fastenal is www.fastenal.com. Learn More about contacing Fastenal investor relations.