Fastenal Company (FAST)
NASDAQ: FAST · IEX Real-Time Price · USD
67.50
-0.98 (-1.43%)
At close: Apr 18, 2024, 4:00 PM
67.95
+0.45 (0.67%)
After-hours: Apr 18, 2024, 7:03 PM EDT
Fastenal Company Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Fastenal Company stock have an average target of 67.2, with a low estimate of 50 and a high estimate of 85. The average target predicts a decrease of -0.44% from the current stock price of 67.50.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for FAST stock from 5 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 4 | 4 | 3 | 3 | 2 | 3 |
| Sell | 2 | 2 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 5 | 5 | 4 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Loop Capital | Loop Capital | Hold Maintains $71 → $66 | Hold | Maintains | $71 → $66 | -2.22% | Apr 15, 2024 |
| HSBC | HSBC | Hold Maintains $59 → $64 | Hold | Maintains | $59 → $64 | -5.19% | Apr 15, 2024 |
| Baird | Baird | Hold Maintains $77 → $71 | Hold | Maintains | $77 → $71 | +5.19% | Apr 12, 2024 |
| Stifel | Stifel | Strong Buy Maintains $75 → $85 | Strong Buy | Maintains | $75 → $85 | +25.93% | Mar 18, 2024 |
| Baird | Baird | Hold Maintains $74 → $77 | Hold | Maintains | $74 → $77 | +14.07% | Mar 7, 2024 |
Financial Forecast
Revenue This Year
8.00B
from 7.35B
Increased by 8.95%
Revenue Next Year
8.66B
from 8.00B
Increased by 8.13%
EPS This Year
2.20
from 2.02
Increased by 9.08%
EPS Next Year
2.40
from 2.20
Increased by 9.04%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.5B | 9.7B | 9.9B | 10.7B | 11.1B |
| Avg | 8.0B | 8.7B | 9.4B | 10.2B | 10.8B |
| Low | 7.5B | 8.0B | 8.8B | 9.6B | 10.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 16.3% | 21.5% | 14.8% | 14.4% | 9.1% |
| Avg | 8.9% | 8.1% | 8.1% | 8.9% | 6.0% |
| Low | 2.7% | -0.5% | 1.2% | 2.6% | 1.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 2.36 | 2.73 | 2.78 | 2.99 |
| Avg | 2.20 | 2.40 | 2.63 | 2.91 |
| Low | 2.06 | 2.21 | 2.49 | 2.79 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 17.0% | 23.9% | 15.8% | 13.6% |
| Avg | 9.1% | 9.0% | 9.7% | 10.3% |
| Low | 1.9% | 0.1% | 3.6% | 6.0% |
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.