Fastenal Company (FAST) Stock Forecast & Price Target
Fastenal Company · NASDAQ
$48.10+0.46 (+0.97%)
15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 9 firms covering Fastenal Company, 3 rate it Buy or better, 4 sit at Hold, and 2 rate it Sell or worse, a hold consensus. Targets are tightly clustered, $46.00 to $55.00, so the covering firms are broadly aligned. The average target of $49.80 sits 4% above the current $48.10. The rating mix has stayed broadly stable, with Buy-side ratings edging up from 2 to 3 over recent months. On the fundamentals, the Street sees consensus EPS building from about $0.30 next quarter toward $1.39 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS9 ratings
Hold
Strong Buy00%
Buy333%
Hold444%
Sell222%
Strong Sell00%
Based on 9 analysts giving stock ratings to Fastenal Company.
As of Jul, 3 of 9 firms rate FAST a Buy (4 Hold, 2 Sell), the standing distribution of every covering firm's most recent active call.
FAST EPS & revenue forecast
EPS · NEXT QUARTER
$0.30
Range $0.29 – $0.31 · 11 analysts · +15% YoY
Next period, 11 analysts expect Fastenal Company to earn $0.30 a share (range $0.29 – $0.31), versus $0.26 a year earlier. Full-year consensus is $1.26, growing to $1.39 the year after.
REVENUE · NEXT QUARTER
$2.3B
Range $2.2B – $2.4B · 11 analysts · +14% YoY
Revenue is expected to reach $2.3B (range $2.2B – $2.4B), +13.7% year-over-year. Full-year consensus is $9.3B, rising to $10.1B next year.
Top analysts covering Fastenal Company
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on FAST.
#1
Tommy Moll
Stephens & Co. · Rank #65
Hold
$45.00-6.4% to target
Overall win rate
48%
+ Follow
#2
David Manthey
Baird · Rank #310
Buy
$51.00+6.0% to target
Overall win rate
30%
+ Follow
#3
GH
Guy Hardwick
Barclays
Hold
$46.00-4.4% to target
Coverage
—
+ Follow
#4
CS
Chris Snyder
Morgan Stanley
Hold
$52.00+8.1% to target
Coverage
—
+ Follow
#5
CD
Chris Dankert
DA Davidson
Hold
$46.00-4.4% to target
Coverage
—
+ Follow
FAST stock forecast FAQ
What is FAST's average 12-month price target?+
The 5 analysts with a live target average $49.80 for Fastenal Company over the next 12 months, ranging from a $55.00 high to a $46.00 low.
Is FAST stock a Buy, Sell or Hold right now?+
The current consensus is Hold. Of the 9 analyst ratings, 3 are Buy or Strong Buy, 4 are Hold, and 2 are Sell or Strong Sell.
What are the highest and lowest price targets for FAST?+
The Street-high target is $55.00 (Rothschild & Co), and the Street-low is $46.00 (Barclays). The average of all 5 active targets is $49.80.
How many Wall Street analysts cover FAST?+
9 analysts have an active rating on Fastenal Company, and 5 firms carry a live 12-month price target.
Who is the most accurate analyst covering FAST?+
Among analysts who currently cover FAST, Tommy Moll of Stephens & Co. has the strongest overall Quantellect track record (Rank #65). Their current call is Hold with a $45.00 target.
What is Fastenal Company's projected EPS for next quarter?+
The consensus estimate is $0.30 per share (range $0.29 – $0.31) across 11 analysts. Full-year EPS is projected at $1.26, rising to $1.39 the following year.
How much revenue is Fastenal Company expected to report next quarter?+
Consensus revenue is $2.3B (range $2.2B – $2.4B). Full-year revenue is projected at $9.3B, growing to $10.1B next year.
Have analysts been upgrading or downgrading FAST lately?+
As of Jul, 3 of 9 firms rate FAST a Buy (4 Hold, 2 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their FAST calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
