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Fastenal - FAST Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $53.14
  • Forecasted Upside: -3.32%
  • Number of Analysts: 7
  • Breakdown:
  • 1 Sell Ratings
  • 4 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$54.97 As of 06/2/2023 11:40 AM ET
▲ +1.07 (1.99%)

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 $53.14
▼ -3.32% Downside Potential
This price target is based on 7 analysts offering 12 month price targets for Fastenal in the last 3 months. The average price target is $53.14, with a high forecast of $61.00 and a low forecast of $46.00. The average price target represents a -3.32% upside from the last price of $54.97.

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 7 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
  • 1 buy ratings
  • 4 hold ratings
  • 1 sell ratings
Ratings as of
12/9/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
3/9/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
6/7/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 1 sell ratings
Ratings as of
9/5/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 5 hold ratings
  • 1 sell ratings
Ratings as of
12/4/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 5 hold ratings
  • 1 sell ratings
Ratings as of
3/4/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 1 sell ratings
Ratings as of
5/3/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 1 sell ratings
Ratings as of
6/2/2023

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
4/14/2023Robert W. BairdBoost TargetNeutral$56.00 ➝ $57.00Low
4/5/2023Morgan StanleyBoost TargetUnderweight$42.00 ➝ $46.00Low
4/3/2023Stifel NicolausInitiated CoverageBuy$61.00Low
1/23/2023Loop CapitalLower TargetHold$54.00 ➝ $53.00Low
1/6/2023Morgan StanleyLower TargetUnderweight$43.00 ➝ $42.00Low
10/17/2022Jefferies Financial GroupReiterated RatingHold$50.00Low
10/14/2022Morgan StanleyBoost TargetUnderweight$42.00 ➝ $43.00Low
7/15/2022ArgusLower TargetBuy$66.00 ➝ $55.00Low
7/14/2022Morgan StanleyLower TargetUnderweight$48.00 ➝ $42.00Low
7/14/2022Robert W. BairdDowngradeOutperform ➝ Neutral$48.00Low
7/14/2022UBS GroupLower TargetNeutral$62.00 ➝ $50.00Low
4/14/2022Morgan StanleyBoost TargetUnderweight$53.00 ➝ $56.00High
4/14/2022Wells Fargo & CompanyBoost TargetEqual Weight$58.00 ➝ $60.00High
4/7/2022Morgan StanleyLower TargetUnderweight$54.00 ➝ $53.00Low
3/8/2022Wells Fargo & CompanyUpgradeUnderweight ➝ Equal Weight$50.00 ➝ $58.00Medium
3/7/2022Robert W. BairdBoost Target$64.00 ➝ $66.00Medium
1/20/2022Morgan StanleyBoost TargetUnderweight$53.00 ➝ $54.00High
1/20/2022Robert W. BairdBoost Target$63.00 ➝ $64.00High
1/20/2022Wells Fargo & CompanyBoost Target$45.00 ➝ $50.00High
1/14/2022Morgan StanleyBoost TargetUnderweight$48.00 ➝ $53.00High
12/7/2021Loop CapitalBoost TargetHold ➝ Hold$53.00 ➝ $57.00Low
12/7/2021Robert W. BairdBoost TargetOutperform$59.00 ➝ $62.00Medium
10/8/2021Wells Fargo & CompanyDowngradeEqual Weight ➝ Underweight$50.00 ➝ $45.00High
8/23/2021StephensBoost TargetOverweight$60.00 ➝ $65.00Low
8/3/2021Loop CapitalInitiated CoverageHold$52.00Medium
7/14/2021Robert W. BairdBoost TargetOutperform$54.00 ➝ $58.00Low
6/15/2021Morgan StanleyDowngradeEqual Weight ➝ Underweight$53.00 ➝ $48.00Low
4/14/2021Morgan StanleyBoost TargetEqual Weight$49.00 ➝ $53.00Low
4/14/2021Robert W. BairdBoost TargetOutperform$50.00 ➝ $53.00Low
1/21/2021Morgan StanleyBoost TargetEqual Weight$47.00 ➝ $49.00Medium
12/16/2020Deutsche Bank AktiengesellschaftDowngradeBuy ➝ Hold$51.00Low
10/15/2020StephensInitiated CoverageOverweightLow
10/15/2020ArgusBoost TargetPositive ➝ Buy$43.00 ➝ $52.00Low
10/14/2020Deutsche Bank AktiengesellschaftLower Target$54.00 ➝ $52.00Low
10/14/2020Morgan StanleyBoost TargetEqual Weight$46.00 ➝ $47.00Low
9/15/2020UBS GroupInitiated CoverageNeutral$44.00Medium
9/4/2020Raymond JamesDowngradeMarket Perform ➝ UnderperformLow
9/3/2020Wells Fargo & CompanyDowngradeOverweight ➝ Equal Weight$50.00High
7/27/2020Deutsche Bank AktiengesellschaftBoost TargetBuy$49.00 ➝ $51.00Medium
7/15/2020Jefferies Financial GroupReiterated RatingHold$46.00Low
7/15/2020Morgan StanleyBoost TargetEqual Weight$36.00 ➝ $46.00Medium
7/2/2020Wells Fargo & CompanyBoost TargetOverweight$45.00 ➝ $50.00High
7/1/2020Deutsche Bank AktiengesellschaftInitiated CoverageBuy$50.00High
6/23/2020JPMorgan Chase & Co.UpgradeUnderweight ➝ Neutral$34.00Low
5/7/2020Robert W. BairdBoost TargetOutperform$39.00 ➝ $42.00Low
5/7/2020Morgan StanleyBoost TargetEqual Weight$34.00 ➝ $36.00Medium
4/19/2020JPMorgan Chase & Co.DowngradeNeutral ➝ UnderweightMedium
4/15/2020Robert W. BairdBoost TargetOutperform$38.00 ➝ $39.00Low
4/15/2020Morgan StanleyBoost TargetEqual Weight$31.00 ➝ $34.00Medium
4/15/2020StephensBoost TargetEqual Weight$32.00 ➝ $35.00Low
4/13/2020StephensLower TargetEqual Weight$37.00 ➝ $32.00High
4/7/2020JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight$26.00Medium
3/19/2020Wells Fargo & CompanyUpgradeEqual Weight ➝ Overweight$45.00High
3/17/2020Morgan StanleyLower TargetEqual Weight$37.00 ➝ $30.00High
3/13/2020Robert W. BairdUpgradeNeutral ➝ Outperform$38.00 ➝ $40.00High
1/21/2020Buckingham ResearchBoost TargetNeutral$33.00 ➝ $36.00High
12/11/2019Morgan StanleyBoost TargetEqual Weight$31.00 ➝ $34.00Medium
11/22/2019Jefferies Financial GroupInitiated CoverageBuy$377.00Low
10/30/2019Edward JonesDowngradeBuy ➝ HoldLow
10/15/2019ArgusBoost TargetBuy$41.00Low
10/15/2019Buckingham ResearchBoost TargetNeutral$30.00 ➝ $33.00Low
10/14/2019Wolfe ResearchDowngradeMarket Perform ➝ UnderperformLow
10/14/2019Robert W. BairdBoost TargetNeutral$34.00 ➝ $37.00Medium
10/14/2019Morgan StanleyBoost TargetEqual Weight$29.00 ➝ $31.00Medium
10/14/2019Raymond JamesDowngradeStrong-Buy ➝ Market PerformLow
10/14/2019StephensDowngradeOverweight ➝ Equal$36.00 ➝ $37.00Low
9/17/2019Buckingham ResearchBoost TargetNeutral$29.00 ➝ $30.00Low
7/12/2019Buckingham ResearchLower TargetNeutral$31.00 ➝ $29.00Low
7/12/2019Wells Fargo & CompanyLower TargetMarket Perform$35.00 ➝ $30.00Low
7/12/2019Raymond JamesLower TargetStrong-Buy$39.00 ➝ $37.00Low
7/12/2019Morgan StanleyLower TargetEqual Weight$31.50 ➝ $29.00Low
6/14/2019Buckingham ResearchSet TargetNeutral$32.00 ➝ $31.00High
6/11/2019Raymond JamesSet TargetBuy$39.00Low
5/7/2019William BlairDowngradeOutperform ➝ Market PerformMedium
4/16/2019Morgan StanleyBoost TargetEqual Weight ➝ Equal Weight$27.50 ➝ $31.50Low
4/15/2019Northcoast ResearchDowngradeBuy ➝ NeutralLow
4/12/2019Buckingham ResearchSet TargetHold$32.50Low
4/12/2019Raymond JamesSet TargetBuy$37.50 ➝ $39.00Low
4/8/2019Buckingham ResearchBoost TargetNeutral ➝ Neutral$28.50 ➝ $30.00Low
1/18/2019ArgusReiterated RatingBuy ➝ PositiveHigh
1/11/2019Buckingham ResearchSet TargetHold$25.50Low
1/8/2019Wolfe ResearchUpgradeUnderperform ➝ Market PerformMedium
1/7/2019Jefferies Financial GroupInitiated CoverageHold ➝ Hold$30.00Low
12/18/2018Morgan StanleyInitiated CoverageEqual Weight ➝ Equal Weight$27.50Medium
12/4/2018Longbow ResearchDowngradeBuy ➝ NeutralHigh
12/4/2018Longbow ResearchUpgradeNeutral ➝ Buy$31.50High
10/22/2018Buckingham ResearchInitiated CoverageNeutral ➝ Neutral$25.00Low
10/11/2018Wells Fargo & CompanySet TargetHold$26.50 ➝ $25.00Low
7/27/2018Northcoast ResearchReiterated RatingBuy$31.00Low
7/13/2018Stifel NicolausBoost TargetHold$26.50 ➝ $28.00Low
7/13/2018Northcoast ResearchSet TargetBuy$30.00Low
7/12/2018Wells Fargo & CompanyBoost TargetMarket Perform ➝ Market Perform$24.50 ➝ $26.50Low
7/6/2018BMO Capital MarketsLower TargetMarket Perform$28.50 ➝ $27.00Low
7/3/2018Robert W. BairdDowngradeOutperform ➝ NeutralMedium
6/27/2018Wolfe ResearchInitiated CoverageUnderperformMedium
(Data available from 6/2/2018 forward)

News Sentiment Rating

0.61 (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
  • 11 very positive mentions
  • 36 positive mentions
  • 7 negative mentions
  • 2 very negative mentions
Mentions as of
11/4/2022
  • 5 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/4/2022
  • 4 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
1/3/2023
  • 16 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
Mentions as of
2/2/2023
  • 10 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/4/2023
  • 20 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
4/3/2023
  • 23 very positive mentions
  • 43 positive mentions
  • 4 negative mentions
  • 2 very negative mentions
Mentions as of
5/3/2023
  • 11 very positive mentions
  • 18 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Mentions as of
6/2/2023

Current Sentiment

  • 11 very positive mentions
  • 18 positive mentions
  • 3 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 Co. engages in the distribution of fasteners and tools. It also operates hardware stores. The company was founded by Robert A. Kierlin, Michael M. Gostomski, Henry K. McCannon, John D. Remick, and Stephen M. Slaggie in November 1967 and is headquartered in Winona, MN.
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Today's Range

Now: $54.97
Low: $54.05
High: $54.98

50 Day Range

MA: $53.77
Low: $51.48
High: $55.39

52 Week Range

Now: $54.97
Low: $43.73
High: $56.65

Volume

587,427 shs

Average Volume

3,174,844 shs

Market Capitalization

$31.39 billion

P/E Ratio

28.19

Dividend Yield

2.60%

Beta

1.19

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: Argus, Jefferies Financial Group Inc., Loop Capital, Morgan Stanley, Robert W. Baird, Stifel Nicolaus, StockNews.com, and UBS Group AG.
View the latest analyst ratings for FAST.

What is the current price target for Fastenal?

7 Wall Street analysts have set twelve-month price targets for Fastenal in the last year. Their average twelve-month price target is $53.14, suggesting a possible downside of 2.1%. Stifel Nicolaus has the highest price target set, predicting FAST will reach $61.00 in the next twelve months. Morgan Stanley has the lowest price target set, forecasting a price of $46.00 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, 4 hold ratings and 2 buy ratings 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 Tractor Supply, Dollar Tree, Coupang, Kroger and Walgreens Boots Alliance. 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 inves[email protected]. The official website for Fastenal is www.fastenal.com. Learn More about contacing Fastenal investor relations.