NASDAQ:FAST - Fastenal Stock Price Target and Predictions

Target and Analyst Ratings
Price Target History
Upgrades and Downgrades
News Sentiment
About
FAQ

Consensus Rating: Hold
Consensus Price Target: $53.17
Forecasted Upside: -5.14 %
Number of Analysts: 6
Breakdown:
2 Sell Ratings
2 Hold Ratings
2 Buy Ratings
0 Strong Buy Ratings

^$56.05 As of 10/22/2021 01:00 AM ET

▼ -0.05 (-0.09%)

1 month | 3 months | 12 months

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Analyst Price Target for FAST

^$53.17

▼ -5.14% Downside Potential

This price target is based on 6 analysts offering 12 month price targets for Fastenal in the last 3 months. The average price target is $53.17, with a high forecast of $65.00 and a low forecast of $45.00. The average price target represents a -5.14% upside from the last price of $56.05.

Current Consensus is Hold

The current consensus among 6 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

0 strong buy ratings
3 buy ratings
6 hold ratings
4 sell ratings

Ratings as of

5/1/2020

0 strong buy ratings
3 buy ratings
6 hold ratings
4 sell ratings

Ratings as of

7/30/2020

0 strong buy ratings
3 buy ratings
6 hold ratings
3 sell ratings

Ratings as of

10/28/2020

0 strong buy ratings
3 buy ratings
4 hold ratings
3 sell ratings

Ratings as of

1/26/2021

0 strong buy ratings
3 buy ratings
4 hold ratings
3 sell ratings

Ratings as of

4/26/2021

0 strong buy ratings
3 buy ratings
2 hold ratings
3 sell ratings

Ratings as of

7/25/2021

0 strong buy ratings
3 buy ratings
2 hold ratings
1 sell ratings

Ratings as of

9/23/2021

0 strong buy ratings
2 buy ratings
2 hold ratings
2 sell ratings

Ratings as of

10/23/2021

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
10/8/2021	Wells Fargo & Company	Downgrade	Equal Weight ➝ Underweight	$50.00 ➝ $45.00	High
8/23/2021	Stephens	Boost Price Target	Overweight	$60.00 ➝ $65.00	Low
8/3/2021	Loop Capital	Initiated Coverage	Hold	$52.00	Medium
7/14/2021	Robert W. Baird	Boost Price Target	Outperform	$54.00 ➝ $58.00	Low
6/15/2021	Morgan Stanley	Downgrade	Equal Weight ➝ Underweight	$53.00 ➝ $48.00	Low
4/14/2021	Morgan Stanley	Boost Price Target	Equal Weight	$49.00 ➝ $53.00	Low
4/14/2021	Robert W. Baird	Boost Price Target	Outperform	$50.00 ➝ $53.00	Low
1/21/2021	Morgan Stanley	Boost Price Target	Equal Weight	$47.00 ➝ $49.00	Medium
12/16/2020	Deutsche Bank Aktiengesellschaft	Downgrade	Buy ➝ Hold	$51.00	Low
10/15/2020	Stephens	Initiated Coverage	Overweight		Low
10/15/2020	Argus	Boost Price Target	Positive ➝ Buy	$43.00 ➝ $52.00	Low
10/14/2020	Deutsche Bank Aktiengesellschaft	Lower Price Target		$54.00 ➝ $52.00	Low
10/14/2020	Morgan Stanley	Boost Price Target	Equal Weight	$46.00 ➝ $47.00	Low
9/15/2020	UBS Group	Initiated Coverage	Neutral	$44.00	Medium
9/4/2020	Raymond James	Downgrade	Market Perform ➝ Underperform		Low
9/3/2020	Wells Fargo & Company	Downgrade	Overweight ➝ Equal Weight	$50.00	High
7/27/2020	Deutsche Bank Aktiengesellschaft	Boost Price Target	Buy	$49.00 ➝ $51.00	Medium
7/15/2020	Jefferies Financial Group	Reiterated Rating	Hold	$46.00	Low
7/15/2020	Morgan Stanley	Boost Price Target	Equal Weight	$36.00 ➝ $46.00	Medium
7/2/2020	Wells Fargo & Company	Boost Price Target	Overweight	$45.00 ➝ $50.00	High
7/1/2020	Deutsche Bank Aktiengesellschaft	Initiated Coverage	Buy	$50.00	High
6/23/2020	JPMorgan Chase & Co.	Upgrade	Underweight ➝ Neutral	$34.00	Low
5/7/2020	Robert W. Baird	Boost Price Target	Outperform	$39.00 ➝ $42.00	Low
5/7/2020	Morgan Stanley	Boost Price Target	Equal Weight	$34.00 ➝ $36.00	Medium
4/19/2020	JPMorgan Chase & Co.	Downgrade	Neutral ➝ Underweight		Medium
4/15/2020	Robert W. Baird	Boost Price Target	Outperform	$38.00 ➝ $39.00	Low
4/15/2020	Morgan Stanley	Boost Price Target	Equal Weight	$31.00 ➝ $34.00	Medium
4/15/2020	Stephens	Boost Price Target	Equal Weight	$32.00 ➝ $35.00	Low
4/13/2020	Stephens	Lower Price Target	Equal Weight	$37.00 ➝ $32.00	High
4/7/2020	JPMorgan Chase & Co.	Downgrade	Neutral ➝ Underweight	$26.00	Medium
3/19/2020	Wells Fargo & Company	Upgrade	Equal Weight ➝ Overweight	$45.00	High
3/17/2020	Morgan Stanley	Lower Price Target	Equal Weight	$37.00 ➝ $30.00	High
3/13/2020	Robert W. Baird	Upgrade	Neutral ➝ Outperform	$38.00 ➝ $40.00	High
1/21/2020	Buckingham Research	Boost Price Target	Neutral	$33.00 ➝ $36.00	High
12/11/2019	Morgan Stanley	Boost Price Target	Equal Weight	$31.00 ➝ $34.00	Medium
11/22/2019	Jefferies Financial Group	Initiated Coverage	Buy	$377.00	Low
10/30/2019	Edward Jones	Downgrade	Buy ➝ Hold		Low
10/15/2019	Argus	Boost Price Target	Buy	$41.00	Low
10/15/2019	Buckingham Research	Boost Price Target	Neutral	$30.00 ➝ $33.00	Low
10/14/2019	Wolfe Research	Downgrade	Market Perform ➝ Underperform		Low
10/14/2019	Robert W. Baird	Boost Price Target	Neutral	$34.00 ➝ $37.00	Medium
10/14/2019	Morgan Stanley	Boost Price Target	Equal Weight	$29.00 ➝ $31.00	Medium
10/14/2019	Raymond James	Downgrade	Strong-Buy ➝ Market Perform		Low
10/14/2019	Stephens	Downgrade	Overweight ➝ Equal	$36.00 ➝ $37.00	Low
9/24/2019	Cleveland Research	Reiterated Rating	Hold		Medium
9/17/2019	Buckingham Research	Boost Price Target	Neutral	$29.00 ➝ $30.00	Low
7/12/2019	Buckingham Research	Lower Price Target	Neutral	$31.00 ➝ $29.00	Low
7/12/2019	Wells Fargo & Company	Lower Price Target	Market Perform	$35.00 ➝ $30.00	Low
7/12/2019	Raymond James	Lower Price Target	Strong-Buy	$39.00 ➝ $37.00	Low
7/12/2019	Morgan Stanley	Lower Price Target	Equal Weight	$31.50 ➝ $29.00	Low
6/14/2019	Buckingham Research	Set Price Target	Neutral	$32.00 ➝ $31.00	High
6/11/2019	Raymond James	Set Price Target	Buy	$39.00	Low
5/7/2019	William Blair	Downgrade	Outperform ➝ Market Perform		Medium
4/16/2019	Morgan Stanley	Boost Price Target	Equal Weight ➝ Equal Weight	$27.50 ➝ $31.50	Low
4/15/2019	Northcoast Research	Downgrade	Buy ➝ Neutral		Low
4/12/2019	Buckingham Research	Set Price Target	Hold	$32.50	Low
4/12/2019	Raymond James	Set Price Target	Buy	$37.50 ➝ $39.00	Low
4/8/2019	Buckingham Research	Boost Price Target	Neutral ➝ Neutral	$28.50 ➝ $30.00	Low
1/18/2019	Argus	Reiterated Rating	Buy ➝ Positive		High
1/11/2019	Buckingham Research	Set Price Target	Hold	$25.50	Low
1/8/2019	Wolfe Research	Upgrade	Underperform ➝ Market Perform		Medium
1/7/2019	Jefferies Financial Group	Initiated Coverage	Hold ➝ Hold	$30.00	Low
12/18/2018	Morgan Stanley	Initiated Coverage	Equal Weight ➝ Equal Weight	$27.50	Medium
12/4/2018	Longbow Research	Downgrade	Buy ➝ Neutral		High
12/4/2018	Longbow Research	Upgrade	Neutral ➝ Buy	$31.50	High
10/22/2018	Buckingham Research	Initiated Coverage	Neutral ➝ Neutral	$25.00	Low
10/11/2018	Wells Fargo & Company	Set Price Target	Hold	$26.50 ➝ $25.00	Low
7/27/2018	Northcoast Research	Reiterated Rating	Buy	$31.00	Low
7/13/2018	Stifel Nicolaus	Boost Price Target	Hold	$26.50 ➝ $28.00	Low
7/13/2018	Northcoast Research	Set Price Target	Buy	$30.00	Low
7/12/2018	Wells Fargo & Company	Boost Price Target	Market Perform ➝ Market Perform	$24.50 ➝ $26.50	Low
7/6/2018	BMO Capital Markets	Lower Price Target	Market Perform	$28.50 ➝ $27.00	Low
7/3/2018	Robert W. Baird	Downgrade	Outperform ➝ Neutral		Medium
6/27/2018	Wolfe Research	Initiated Coverage	Underperform		Medium
4/13/2018	KeyCorp	Reiterated Rating	Buy		Low
4/12/2018	Wells Fargo & Company	Set Price Target	Hold	$28.00 ➝ $24.50	Medium
4/11/2018	Stephens	Reiterated Rating	Buy	$30.00	Low
4/9/2018	BMO Capital Markets	Reiterated Rating	Hold	$28.50	Medium
4/3/2018	Stifel Nicolaus	Boost Price Target	Hold ➝ Hold	$27.00 ➝ $27.50	Medium
3/18/2018	The Goldman Sachs Group	Initiated Coverage	Sell ➝ Sell	$24.50	Medium
3/6/2018	Robert W. Baird	Reiterated Rating	Buy	$28.50	Low
3/2/2018	Northcoast Research	Set Price Target	Buy	$30.00	Medium
1/18/2018	Credit Suisse Group	Upgrade	Buy	$30.50	High
1/18/2018	Stephens	Boost Price Target	Buy	$27.00 ➝ $31.00	High
1/17/2018	Robert W. Baird	Reiterated Rating	Buy		High
1/9/2018	BMO Capital Markets	Reiterated Rating	Hold	$28.50	High
1/9/2018	Credit Suisse Group	Reiterated Rating	Outperform	$26.00 ➝ $30.50	Low
12/11/2017	Stifel Nicolaus	Reiterated Rating	Hold	$25.50	Low
10/12/2017	KeyCorp	Reiterated Rating	Buy	$26.00	N/A
10/11/2017	Stephens	Set Price Target	Buy	$27.00	N/A
10/10/2017	BMO Capital Markets	Reiterated Rating	Market Perform	$23.00 ➝ $25.50	N/A
10/2/2017	Morgan Stanley	Reiterated Rating	Equal Weight	$22.00 ➝ $23.00	Low
8/22/2017	Stifel Nicolaus	Reiterated Rating	Hold	$23.00	High
8/21/2017	BMO Capital Markets	Reiterated Rating	Hold	$23.00	High
8/4/2017	Northcoast Research	Reiterated Rating	Buy		Low
7/25/2017	Northcoast Research	Initiated Coverage	Neutral ➝ Buy	$27.00	Low
7/14/2017	BMO Capital Markets	Boost Price Target	No Rating at Time	$24.50 ➝ $25.50	Low
7/14/2017	Stifel Nicolaus	Reiterated Rating	Hold	$22.50 ➝ $23.00	Low
7/13/2017	Raymond James	Upgrade	Outperform ➝ Strong-Buy	$25.00	Low
7/13/2017	UBS Group	Upgrade	Outperform ➝ Strong-Buy		Low
7/13/2017	Credit Suisse Group	Reiterated Rating	Buy	$26.00	Low
7/12/2017	Robert W. Baird	Upgrade	Neutral ➝ Outperform	$26.50	Low
7/12/2017	Wells Fargo & Company	Reiterated Rating	Market Perform	$25.50 ➝ $23.50	High
7/11/2017	Morgan Stanley	Reiterated Rating	Equal Weight		Low
6/26/2017	Morgan Stanley	Reiterated Rating	Equal Weight	$23.00 ➝ $21.50	Medium
6/12/2017	Morgan Stanley	Reiterated Rating	Equal Weight	$25.00 ➝ $23.00	Low
6/6/2017	Credit Suisse Group	Set Price Target	Buy	$26.00	Low
6/2/2017	Stephens	Initiated Coverage	Overweight	$27.00	Medium
6/2/2017	JPMorgan Chase & Co.	Initiated Coverage	Neutral ➝ Neutral	$23.00	Medium
6/2/2017	Longbow Research	Upgrade	Neutral ➝ Buy	$27.50	Medium
5/4/2017	Credit Suisse Group	Set Price Target	Buy	$26.00	Low
4/19/2017	Raymond James	Upgrade	Market Perform ➝ Buy	$25.00	Low
4/19/2017	UBS Group	Upgrade	Market Perform ➝ Outperform		N/A
4/19/2017	Credit Suisse Group	Upgrade	Neutral ➝ Outperform	$27.50	High
4/18/2017	Argus	Upgrade	Hold ➝ Buy	$27.00	High
4/13/2017	Credit Suisse Group	Reiterated Rating	Hold	$24.50	Medium
4/12/2017	BMO Capital Markets	Reiterated Rating	Hold	$25.00	Medium
1/19/2017	Credit Suisse Group	Boost Price Target	Neutral	$20.50 ➝ $24.50	N/A
1/19/2017	Stifel Nicolaus	Boost Price Target	Hold	$22.00 ➝ $25.00	N/A
1/12/2017	Avondale Partners	Upgrade	Market Perform ➝ Outperform	$25.50 ➝ $27.00	N/A
1/5/2017	KeyCorp	Upgrade	Sector Weight ➝ Overweight	$26.50	N/A
12/5/2016	William Blair	Upgrade	Market Perform ➝ Outperform		N/A
11/7/2016	BMO Capital Markets	Reiterated Rating	Hold	$22.50	N/A

(Data available from 10/23/2016 forward)

News Sentiment Rating

0.15 (Hold)

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

0 very positive mentions
3 positive mentions
0 negative mentions
0 very negative mentions

Mentions as of

3/27/2021

0 very positive mentions
12 positive mentions
0 negative mentions
0 very negative mentions

Mentions as of

4/26/2021

0 very positive mentions
6 positive mentions
0 negative mentions
0 very negative mentions

Mentions as of

5/26/2021

0 very positive mentions
3 positive mentions
0 negative mentions
0 very negative mentions

Mentions as of

6/25/2021

8 very positive mentions
22 positive mentions
6 negative mentions
0 very negative mentions

Mentions as of

7/25/2021

1 very positive mentions
10 positive mentions
1 negative mentions
0 very negative mentions

Mentions as of

8/24/2021

6 very positive mentions
5 positive mentions
1 negative mentions
0 very negative mentions

Mentions as of

9/23/2021

8 very positive mentions
57 positive mentions
8 negative mentions
2 very negative mentions

Mentions as of

10/23/2021

Current Sentiment

Recent Stories by Sentiment

Fastenal Co. engages in the provision of fasteners, tools, and supplies which can help in the manufacture of products, build structures, protect personnel, and maintain facilities and equipment. It products include cutting tools & metalworking, fasteners, material handling, storage & packaging power, transmission & motors, tools & equipment, electricals, abrasives, hydraulics & pneumatics, plumbing, lifting & rigging, raw materials, fleet & automotive, welding, office products & furniture, janitorial and lighting. 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.

Today's Range

Now: $56.05

$56.02

$56.60

50 Day Range

MA: $54.15

$51.30

$56.21

52 Week Range

Now: $56.05

$42.57

$56.60

Volume

1,838,805 shs

Average Volume

3,094,757 shs

Market Capitalization

$32.21 billion

P/E Ratio

37.12

Dividend Yield

2.01%

Beta

1.28

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: Deutsche Bank Aktiengesellschaft, Loop Capital, Morgan Stanley, Robert W. Baird, Stephens, Wells Fargo & Company, and Zacks Investment Research.
View the latest analyst ratings for FAST.
What is the current price target for Fastenal?: 6 Wall Street analysts have set twelve-month price targets for Fastenal in the last year. Their average twelve-month price target is $53.17, suggesting a possible downside of 5.3%. Stephens has the highest price target set, predicting FAST will reach $65.00 in the next twelve months. Wells Fargo & Company has the lowest price target set, forecasting a price of $45.00 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 2 sell ratings, 2 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 United Rentals, W.W. Grainger, Watsco, WESCO International, Air Lease, MSC Industrial Direct, Applied Industrial Technologies, Beacon Roofing Supply, GATX, Rush Enterprises, Textainer Group, H&E Equipment Services, Kaman, MRC Global and Titan Machinery.
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.

NASDAQ:FAST - Fastenal Stock Price Target and Predictions

Analyst Price Target for FAST

Current Consensus is Hold

Past Monthly Recommendations

Latest Recommendations

News Sentiment Rating

0.15 (Hold)

News Sentiment Over Time

Current Sentiment

Recent Stories by Sentiment

Very Negative

Negative

Positive

Very Positive

Today's Range

50 Day Range

52 Week Range

Volume

Average Volume

Market Capitalization

P/E Ratio

Dividend Yield

Beta

Frequently Asked Questions

What sell-side analysts currently cover shares of Fastenal?

What is the current price target for Fastenal?

What is the current consensus analyst rating for Fastenal?

What other companies compete with Fastenal?

How do I contact Fastenal's investor relations team?