NASDAQ:FAST - Fastenal Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $60.80
  • Forecasted Upside: 17.08 %
  • Number of Analysts: 5
  • Breakdown:
  • 1 Sell Ratings
  • 2 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$51.93
▲ +0.48 (0.93%)

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 $60.80
▲ +17.08% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for Fastenal in the last 3 months. The average price target is $60.80, with a high forecast of $0.00 and a low forecast of $0.00. The average price target represents a 17.08% upside from the last price of $51.93.

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 5 contributing 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
  • 3 buy ratings
  • 6 hold ratings
  • 2 sell ratings
11/30/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 2 sell ratings
2/28/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 2 sell ratings
5/29/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 2 sell ratings
8/27/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 1 sell ratings
11/25/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 1 sell ratings
2/23/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 1 sell ratings
4/24/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 1 sell ratings
5/24/2022

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
4/14/2022Morgan StanleyBoost Price TargetUnderweight$53.00 ➝ $56.00High
4/14/2022Wells Fargo & CompanyBoost Price TargetEqual Weight$58.00 ➝ $60.00High
4/7/2022Morgan StanleyLower Price TargetUnderweight$54.00 ➝ $53.00Low
3/8/2022Wells Fargo & CompanyUpgradeUnderweight ➝ Equal Weight$50.00 ➝ $58.00Medium
3/7/2022Robert W. BairdBoost Price Target$64.00 ➝ $66.00Medium
1/20/2022Morgan StanleyBoost Price TargetUnderweight$53.00 ➝ $54.00High
1/20/2022Robert W. BairdBoost Price Target$63.00 ➝ $64.00High
1/20/2022Wells Fargo & CompanyBoost Price Target$45.00 ➝ $50.00High
1/14/2022Morgan StanleyBoost Price TargetUnderweight$48.00 ➝ $53.00High
12/7/2021Loop CapitalBoost Price TargetHold ➝ Hold$53.00 ➝ $57.00Low
12/7/2021Robert W. BairdBoost Price TargetOutperform$59.00 ➝ $62.00Medium
10/8/2021Wells Fargo & CompanyDowngradeEqual Weight ➝ Underweight$50.00 ➝ $45.00High
8/23/2021StephensBoost Price TargetOverweight$60.00 ➝ $65.00Low
8/3/2021Loop CapitalInitiated CoverageHold$52.00Medium
7/14/2021Robert W. BairdBoost Price TargetOutperform$54.00 ➝ $58.00Low
6/15/2021Morgan StanleyDowngradeEqual Weight ➝ Underweight$53.00 ➝ $48.00Low
4/14/2021Morgan StanleyBoost Price TargetEqual Weight$49.00 ➝ $53.00Low
4/14/2021Robert W. BairdBoost Price TargetOutperform$50.00 ➝ $53.00Low
1/21/2021Morgan StanleyBoost Price TargetEqual Weight$47.00 ➝ $49.00Medium
12/16/2020Deutsche Bank AktiengesellschaftDowngradeBuy ➝ Hold$51.00Low
10/15/2020StephensInitiated CoverageOverweightLow
10/15/2020ArgusBoost Price TargetPositive ➝ Buy$43.00 ➝ $52.00Low
10/14/2020Deutsche Bank AktiengesellschaftLower Price Target$54.00 ➝ $52.00Low
10/14/2020Morgan StanleyBoost Price 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 Price TargetBuy$49.00 ➝ $51.00Medium
7/15/2020Jefferies Financial GroupReiterated RatingHold$46.00Low
7/15/2020Morgan StanleyBoost Price TargetEqual Weight$36.00 ➝ $46.00Medium
7/2/2020Wells Fargo & CompanyBoost Price 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 Price TargetOutperform$39.00 ➝ $42.00Low
5/7/2020Morgan StanleyBoost Price TargetEqual Weight$34.00 ➝ $36.00Medium
4/19/2020JPMorgan Chase & Co.DowngradeNeutral ➝ UnderweightMedium
4/15/2020Robert W. BairdBoost Price TargetOutperform$38.00 ➝ $39.00Low
4/15/2020Morgan StanleyBoost Price TargetEqual Weight$31.00 ➝ $34.00Medium
4/15/2020StephensBoost Price TargetEqual Weight$32.00 ➝ $35.00Low
4/13/2020StephensLower Price 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 Price TargetEqual Weight$37.00 ➝ $30.00High
3/13/2020Robert W. BairdUpgradeNeutral ➝ Outperform$38.00 ➝ $40.00High
1/21/2020Buckingham ResearchBoost Price TargetNeutral$33.00 ➝ $36.00High
12/11/2019Morgan StanleyBoost Price TargetEqual Weight$31.00 ➝ $34.00Medium
11/22/2019Jefferies Financial GroupInitiated CoverageBuy$377.00Low
10/30/2019Edward JonesDowngradeBuy ➝ HoldLow
10/15/2019ArgusBoost Price TargetBuy$41.00Low
10/15/2019Buckingham ResearchBoost Price TargetNeutral$30.00 ➝ $33.00Low
10/14/2019Wolfe ResearchDowngradeMarket Perform ➝ UnderperformLow
10/14/2019Robert W. BairdBoost Price TargetNeutral$34.00 ➝ $37.00Medium
10/14/2019Morgan StanleyBoost Price TargetEqual Weight$29.00 ➝ $31.00Medium
10/14/2019Raymond JamesDowngradeStrong-Buy ➝ Market PerformLow
10/14/2019StephensDowngradeOverweight ➝ Equal$36.00 ➝ $37.00Low
9/24/2019Cleveland ResearchReiterated RatingHoldMedium
9/17/2019Buckingham ResearchBoost Price TargetNeutral$29.00 ➝ $30.00Low
7/12/2019Buckingham ResearchLower Price TargetNeutral$31.00 ➝ $29.00Low
7/12/2019Wells Fargo & CompanyLower Price TargetMarket Perform$35.00 ➝ $30.00Low
7/12/2019Raymond JamesLower Price TargetStrong-Buy$39.00 ➝ $37.00Low
7/12/2019Morgan StanleyLower Price TargetEqual Weight$31.50 ➝ $29.00Low
6/14/2019Buckingham ResearchSet Price TargetNeutral$32.00 ➝ $31.00High
6/11/2019Raymond JamesSet Price TargetBuy$39.00Low
5/7/2019William BlairDowngradeOutperform ➝ Market PerformMedium
4/16/2019Morgan StanleyBoost Price TargetEqual Weight ➝ Equal Weight$27.50 ➝ $31.50Low
4/15/2019Northcoast ResearchDowngradeBuy ➝ NeutralLow
4/12/2019Buckingham ResearchSet Price TargetHold$32.50Low
4/12/2019Raymond JamesSet Price TargetBuy$37.50 ➝ $39.00Low
4/8/2019Buckingham ResearchBoost Price TargetNeutral ➝ Neutral$28.50 ➝ $30.00Low
1/18/2019ArgusReiterated RatingBuy ➝ PositiveHigh
1/11/2019Buckingham ResearchSet Price 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 Price TargetHold$26.50 ➝ $25.00Low
7/27/2018Northcoast ResearchReiterated RatingBuy$31.00Low
7/13/2018Stifel NicolausBoost Price TargetHold$26.50 ➝ $28.00Low
7/13/2018Northcoast ResearchSet Price TargetBuy$30.00Low
7/12/2018Wells Fargo & CompanyBoost Price TargetMarket Perform ➝ Market Perform$24.50 ➝ $26.50Low
7/6/2018BMO Capital MarketsLower Price TargetMarket Perform$28.50 ➝ $27.00Low
7/3/2018Robert W. BairdDowngradeOutperform ➝ NeutralMedium
6/27/2018Wolfe ResearchInitiated CoverageUnderperformMedium
4/13/2018KeyCorpReiterated RatingBuyLow
4/12/2018Wells Fargo & CompanySet Price TargetHold$28.00 ➝ $24.50Medium
4/11/2018StephensReiterated RatingBuy$30.00Low
4/9/2018BMO Capital MarketsReiterated RatingHold$28.50Medium
4/3/2018Stifel NicolausBoost Price TargetHold ➝ Hold$27.00 ➝ $27.50Medium
3/18/2018The Goldman Sachs GroupInitiated CoverageSell ➝ Sell$24.50Medium
3/6/2018Robert W. BairdReiterated RatingBuy$28.50Low
3/2/2018Northcoast ResearchSet Price TargetBuy$30.00Medium
1/18/2018Credit Suisse GroupUpgradeBuy$30.50High
1/18/2018StephensBoost Price TargetBuy$27.00 ➝ $31.00High
1/17/2018Robert W. BairdReiterated RatingBuyHigh
1/9/2018BMO Capital MarketsReiterated RatingHold$28.50High
1/9/2018Credit Suisse GroupReiterated RatingOutperform$26.00 ➝ $30.50Low
12/11/2017Stifel NicolausReiterated RatingHold$25.50Low
10/12/2017KeyCorpReiterated RatingBuy$26.00N/A
10/11/2017StephensSet Price TargetBuy$27.00N/A
10/10/2017BMO Capital MarketsReiterated RatingMarket Perform$23.00 ➝ $25.50N/A
10/2/2017Morgan StanleyReiterated RatingEqual Weight$22.00 ➝ $23.00Low
8/22/2017Stifel NicolausReiterated RatingHold$23.00High
8/21/2017BMO Capital MarketsReiterated RatingHold$23.00High
8/4/2017Northcoast ResearchReiterated RatingBuyLow
7/25/2017Northcoast ResearchInitiated CoverageNeutral ➝ Buy$27.00Low
7/14/2017BMO Capital MarketsBoost Price TargetNo Rating at Time$24.50 ➝ $25.50Low
7/14/2017Stifel NicolausReiterated RatingHold$22.50 ➝ $23.00Low
7/13/2017Raymond JamesUpgradeOutperform ➝ Strong-Buy$25.00Low
7/13/2017UBS GroupUpgradeOutperform ➝ Strong-BuyLow
7/13/2017Credit Suisse GroupReiterated RatingBuy$26.00Low
7/12/2017Robert W. BairdUpgradeNeutral ➝ Outperform$26.50Low
7/12/2017Wells Fargo & CompanyReiterated RatingMarket Perform$25.50 ➝ $23.50High
7/11/2017Morgan StanleyReiterated RatingEqual WeightLow
6/26/2017Morgan StanleyReiterated RatingEqual Weight$23.00 ➝ $21.50Medium
6/12/2017Morgan StanleyReiterated RatingEqual Weight$25.00 ➝ $23.00Low
6/6/2017Credit Suisse GroupSet Price TargetBuy$26.00Low
6/2/2017StephensInitiated CoverageOverweight$27.00Medium
6/2/2017JPMorgan Chase & Co.Initiated CoverageNeutral ➝ Neutral$23.00Medium
6/2/2017Longbow ResearchUpgradeNeutral ➝ Buy$27.50Medium
(Data available from 5/24/2017 forward)

News Sentiment Rating

0.29 (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

Skip to Current Sentiment Summary
  • 7 very positive mentions
  • 48 positive mentions
  • 4 negative mentions
  • 2 very negative mentions
10/26/2021
  • 4 very positive mentions
  • 29 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
11/25/2021
  • 4 very positive mentions
  • 15 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
12/25/2021
  • 6 very positive mentions
  • 31 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
1/24/2022
  • 5 very positive mentions
  • 31 positive mentions
  • 5 negative mentions
  • 0 very negative mentions
2/23/2022
  • 4 very positive mentions
  • 23 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
3/25/2022
  • 13 very positive mentions
  • 47 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
4/24/2022
  • 7 very positive mentions
  • 27 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
5/24/2022

Current Sentiment

  • 7 very positive mentions
  • 27 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
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, which 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; and non-residential construction market, which includes general, electrical, plumbing, sheet metal, and road contractors. It also serves 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. The company distributes its products through a network of 3,209 in-market locations and 15 distribution centers. Fastenal Company was founded in 1967 and is headquartered in Winona, Minnesota.
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Today's Range

Now: $51.93
Low: $51.42
High: $52.30

50 Day Range

MA: $56.13
Low: $50.58
High: $60.15

52 Week Range

Now: $51.93
Low: $48.84
High: $64.75

Volume

3,062,752 shs

Average Volume

3,576,112 shs

Market Capitalization

$29.89 billion

P/E Ratio

30.37

Dividend Yield

2.41%

Beta

1.29

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: Loop Capital, Morgan Stanley, Robert W. Baird, Stephens, StockNews.com, Wells Fargo & Company, and Zacks Investment Research.
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 $60.80, suggesting a possible upside of 17.1%.
View the latest price targets for FAST.

What is the current consensus analyst rating for Fastenal?

Fastenal currently has 1 sell rating, 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.

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.