Fastenal Company (FAST)
NASDAQ: FAST · Real-Time Price · USD
74.82
+0.79 (1.07%)
Dec 20, 2024, 4:00 PM EST - Market closed
Fastenal Company Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for Fastenal Company stock have an average target of 78.36, with a low estimate of 64 and a high estimate of 88. The average target predicts an increase of 4.73% from the current stock price of 74.82.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for FAST stock from 11 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 3 | 3 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 5 | 5 | 6 | 7 | 8 | 9 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 8 | 10 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stifel | Stifel | Strong Buy → Hold Downgrades $86 | Strong Buy → Hold | Downgrades | $86 | +14.94% | Dec 11, 2024 |
| Jefferies | Jefferies | Hold Maintains $74 → $85 | Hold | Maintains | $74 → $85 | +13.61% | Dec 6, 2024 |
| UBS | UBS | Hold Initiates $71 → $88 | Hold | Initiates | $71 → $88 | +17.62% | Nov 13, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $72 → $76 | Hold | Maintains | $72 → $76 | +1.58% | Oct 14, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $70 → $72 | Hold | Maintains | $70 → $72 | -3.77% | Oct 14, 2024 |
Financial Forecast
Revenue This Year
7.72B
from 7.35B
Increased by 5.03%
Revenue Next Year
8.27B
from 7.72B
Increased by 7.14%
EPS This Year
2.07
from 2.02
Increased by 2.41%
EPS Next Year
2.23
from 2.07
Increased by 7.84%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 8.0B | 8.7B | 9.6B | |||
| Avg | 7.7B | 8.3B | 8.9B | |||
| Low | 7.4B | 7.8B | 8.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 8.5% | 12.8% | 16.4% | |||
| Avg | 5.0% | 7.1% | 7.7% | |||
| Low | 0.5% | 1.7% | 1.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.15 | 2.40 | 2.59 | ||
| Avg | 2.07 | 2.23 | 2.42 | ||
| Low | 1.98 | 2.09 | 2.24 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.6% | 16.2% | 16.3% | ||
| Avg | 2.4% | 7.8% | 8.4% | ||
| Low | -2.0% | 0.9% | 0.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.