NASDAQ:FAST - Fastenal Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $43.80
  • Forecasted Upside: -9.84 %
  • Number of Analysts: 11
  • Breakdown:
  • 1 Sell Ratings
  • 6 Hold Ratings
  • 4 Buy Ratings
  • 0 Strong Buy Ratings
$48.58
▲ +0.39 (0.81%)
1 month | 3 months | 12 months
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Analyst Price Target for FAST

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$43.80
▼ -9.84% Downside Potential
This price target is based on 11 analysts offering 12 month price targets for Fastenal in the last 3 months. The average price target is $43.80, with a high forecast of $52.00 and a low forecast of $34.00. The average price target represents a -9.84% upside from the last price of $48.58.
Hold
The current consensus among 11 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

  • 0 strong buy ratings
  • 2 buy ratings
  • 9 hold ratings
  • 2 sell ratings
6/8/2019
  • 0 strong buy ratings
  • 1 buy ratings
  • 7 hold ratings
  • 2 sell ratings
9/6/2019
  • 0 strong buy ratings
  • 3 buy ratings
  • 8 hold ratings
  • 2 sell ratings
12/5/2019
  • 0 strong buy ratings
  • 3 buy ratings
  • 8 hold ratings
  • 2 sell ratings
3/4/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 7 hold ratings
  • 2 sell ratings
6/2/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 7 hold ratings
  • 2 sell ratings
8/31/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 7 hold ratings
  • 1 sell ratings
10/30/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 6 hold ratings
  • 1 sell ratings
11/29/2020

Latest Recommendations

  • 0 strong buy ratings
  • 4 buy ratings
  • 6 hold ratings
  • 1 sell ratings

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
10/15/2020StephensInitiated CoverageOverweightLow
i
10/15/2020ArgusBoost Price TargetPositive ➝ Buy$43.00 ➝ $52.00Low
i
10/14/2020Deutsche Bank AktiengesellschaftLower Price Target$54.00 ➝ $52.00Low
i
Rating by Kevin Marek at Deutsche Bank Aktiengesellschaft
10/14/2020Morgan StanleyBoost Price TargetEqual Weight$46.00 ➝ $47.00Low
i
9/15/2020UBS GroupInitiated CoverageNeutral$44.00Medium
i
9/4/2020Raymond JamesDowngradeMarket Perform ➝ UnderperformLow
i
9/3/2020Wells Fargo & CompanyDowngradeOverweight ➝ Equal Weight$50.00High
i
7/27/2020Deutsche Bank AktiengesellschaftBoost Price TargetBuy$49.00 ➝ $51.00Medium
i
Rating by Kevin Marek at Deutsche Bank Aktiengesellschaft
7/15/2020Jefferies Financial GroupReiterated RatingHold$46.00Low
i
Rating by Stephen Volkmann at Jefferies Financial Group Inc.
7/15/2020Morgan StanleyBoost Price TargetEqual Weight$36.00 ➝ $46.00Medium
i
7/2/2020Wells Fargo & CompanyBoost Price TargetOverweight$45.00 ➝ $50.00High
i
7/1/2020Deutsche Bank AktiengesellschaftInitiated CoverageBuy$50.00High
i
Rating by Kevin Marek at Deutsche Bank Aktiengesellschaft
6/23/2020JPMorgan Chase & Co.UpgradeUnderweight ➝ Neutral$34.00Low
i
5/7/2020Robert W. BairdBoost Price TargetOutperform$39.00 ➝ $42.00Low
i
5/7/2020Morgan StanleyBoost Price TargetEqual Weight$34.00 ➝ $36.00Medium
i
4/19/2020JPMorgan Chase & Co.DowngradeNeutral ➝ UnderweightMedium
i
4/15/2020Robert W. BairdBoost Price TargetOutperform$38.00 ➝ $39.00Low
i
4/15/2020Morgan StanleyBoost Price TargetEqual Weight$31.00 ➝ $34.00Medium
i
4/15/2020StephensBoost Price TargetEqual Weight$32.00 ➝ $35.00Low
i
4/13/2020StephensLower Price TargetEqual Weight$37.00 ➝ $32.00High
i
4/7/2020JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight$26.00Medium
i
3/19/2020Wells Fargo & CompanyUpgradeEqual Weight ➝ Overweight$45.00High
i
3/17/2020Morgan StanleyLower Price TargetEqual Weight$37.00 ➝ $30.00High
i
3/13/2020Robert W. BairdUpgradeNeutral ➝ Outperform$38.00 ➝ $40.00High
i
Rating by David Manthey at Robert W. Baird
1/21/2020Buckingham ResearchBoost Price TargetNeutral$33.00 ➝ $36.00High
i
Rating by Robert Barry at Buckingham Research
12/11/2019Morgan StanleyBoost Price TargetEqual Weight$31.00 ➝ $34.00Medium
i
11/22/2019Jefferies Financial GroupInitiated CoverageBuy$377.00Low
i
10/30/2019Edward JonesDowngradeBuy ➝ HoldLow
i
10/15/2019ArgusBoost Price TargetBuy$41.00Low
i
10/15/2019Buckingham ResearchBoost Price TargetNeutral$30.00 ➝ $33.00Low
i
Rating by Robert Barry at Buckingham Research
10/14/2019Wolfe ResearchDowngradeMarket Perform ➝ UnderperformLow
i
10/14/2019Robert W. BairdBoost Price TargetNeutral$34.00 ➝ $37.00Medium
i
10/14/2019Morgan StanleyBoost Price TargetEqual Weight$29.00 ➝ $31.00Medium
i
10/14/2019Raymond JamesDowngradeStrong-Buy ➝ Market PerformLow
i
Rating by Sam Darkatsh at Raymond James
10/14/2019StephensDowngradeOverweight ➝ Equal$36.00 ➝ $37.00Low
i
9/24/2019Cleveland ResearchReiterated RatingHoldMedium
i
Rating by Adam Uhlman at Cleveland Research
9/17/2019Buckingham ResearchBoost Price TargetNeutral$29.00 ➝ $30.00Low
i
Rating by Robert Barry at Buckingham Research
7/12/2019Buckingham ResearchLower Price TargetNeutral$31.00 ➝ $29.00Low
i
Rating by Robert Barry at Buckingham Research
7/12/2019Wells Fargo & CompanyLower Price TargetMarket Perform$35.00 ➝ $30.00Low
i
7/12/2019Raymond JamesLower Price TargetStrong-Buy$39.00 ➝ $37.00Low
i
Rating by Sam Darkatsh at Raymond James
7/12/2019Morgan StanleyLower Price TargetEqual Weight$31.50 ➝ $29.00Low
i
6/14/2019Buckingham ResearchSet Price TargetNeutral$32.00 ➝ $31.00High
i
Rating by Robert Barry at Buckingham Research
6/11/2019Raymond JamesSet Price TargetBuy$39.00Low
i
Rating by Sam Darkatsh at Raymond James
5/7/2019William BlairDowngradeOutperform ➝ Market PerformMedium
i
Rating by R. Merkel at William Blair
4/16/2019Morgan StanleyBoost Price TargetEqual Weight ➝ Equal Weight$27.50 ➝ $31.50Low
i
4/15/2019Northcoast ResearchDowngradeBuy ➝ NeutralLow
i
Rating by T. Hayes at Northcoast Research
4/12/2019Buckingham ResearchSet Price TargetHold$32.50Low
i
Rating by Robert Barry at Buckingham Research
4/12/2019Raymond JamesSet Price TargetBuy$37.50 ➝ $39.00Low
i
4/8/2019Buckingham ResearchBoost Price TargetNeutral ➝ Neutral$28.50 ➝ $30.00Low
i
Rating by Robert Barry at Buckingham Research
1/18/2019ArgusReiterated RatingBuy ➝ PositiveHigh
i
1/11/2019Buckingham ResearchSet Price TargetHold$25.50Low
i
Rating by Robert Barry at Buckingham Research
1/8/2019Wolfe ResearchUpgradeUnderperform ➝ Market PerformMedium
i
1/7/2019Jefferies Financial GroupInitiated CoverageHold ➝ Hold$30.00Low
i
12/18/2018Morgan StanleyInitiated CoverageEqual Weight ➝ Equal Weight$27.50Medium
i
12/4/2018Longbow ResearchDowngradeBuy ➝ NeutralHigh
i
Rating by Chris Dankert at Longbow Research
12/4/2018Longbow ResearchUpgradeNeutral ➝ Buy$31.50High
i
10/22/2018Buckingham ResearchInitiated CoverageNeutral ➝ Neutral$25.00Low
i
10/11/2018Wells Fargo & CompanySet Price TargetHold$26.50 ➝ $25.00Low
i
Rating by Allison Poliniak at Wells Fargo & Company
7/27/2018Northcoast ResearchReiterated RatingBuy$31.00Low
i
Rating by Ryan Cieslak at Northcoast Research
7/13/2018Stifel NicolausBoost Price TargetHold$26.50 ➝ $28.00Low
i
7/13/2018Northcoast ResearchSet Price TargetBuy$30.00Low
i
Rating by Ryan Cieslak at Northcoast Research
7/12/2018Wells Fargo & CompanyBoost Price TargetMarket Perform ➝ Market Perform$24.50 ➝ $26.50Low
i
Rating by Allison Poliniak at Wells Fargo & Company
7/6/2018BMO Capital MarketsLower Price TargetMarket Perform$28.50 ➝ $27.00Low
i
7/3/2018Robert W. BairdDowngradeOutperform ➝ NeutralMedium
i
6/27/2018Wolfe ResearchInitiated CoverageUnderperformMedium
i
4/13/2018KeyCorpReiterated RatingBuyLow
i
4/12/2018Wells Fargo & CompanySet Price TargetHold$28.00 ➝ $24.50Medium
i
4/11/2018StephensReiterated RatingBuy$30.00Low
i
Rating by Matt Duncan at Stephens
4/9/2018BMO Capital MarketsReiterated RatingHold$28.50Medium
i
4/3/2018Stifel NicolausBoost Price TargetHold ➝ Hold$27.00 ➝ $27.50Medium
i
3/18/2018The Goldman Sachs GroupInitiated CoverageSell ➝ Sell$24.50Medium
i
3/6/2018Robert W. BairdReiterated RatingBuy$28.50Low
i
3/2/2018Northcoast ResearchSet Price TargetBuy$30.00Medium
i
Rating by Ryan Cieslak at Northcoast Research
1/18/2018Credit Suisse GroupUpgradeBuy$30.50High
i
1/18/2018StephensBoost Price TargetBuy$27.00 ➝ $31.00High
i
Rating by Matt Duncan at Stephens
1/17/2018Robert W. BairdReiterated RatingBuyHigh
i
1/9/2018BMO Capital MarketsReiterated RatingHold$28.50High
i
1/9/2018Credit Suisse GroupReiterated RatingOutperform$26.00 ➝ $30.50Low
i
12/11/2017Stifel NicolausReiterated RatingHold$25.50Low
i
10/12/2017KeyCorpReiterated RatingBuy$26.00N/A
i
10/11/2017StephensSet Price TargetBuy$27.00N/A
i
Rating by Matt Duncan at Stephens
10/10/2017BMO Capital MarketsReiterated RatingMarket Perform$23.00 ➝ $25.50N/A
i
10/2/2017Morgan StanleyReiterated RatingEqual Weight$22.00 ➝ $23.00Low
i
8/22/2017Stifel NicolausReiterated RatingHold$23.00High
i
8/21/2017BMO Capital MarketsReiterated RatingHold$23.00High
i
8/4/2017Northcoast ResearchReiterated RatingBuyLow
i
Rating by R. Cieslak at Northcoast Research
7/25/2017Northcoast ResearchInitiated CoverageNeutral ➝ Buy$27.00Low
i
Rating by T. Hayes at Northcoast Research
7/14/2017BMO Capital MarketsBoost Price TargetNo Rating at Time$24.50 ➝ $25.50Low
i
7/14/2017Stifel NicolausReiterated RatingHold$22.50 ➝ $23.00Low
i
7/13/2017Raymond JamesUpgradeOutperform ➝ Strong-Buy$25.00Low
i
Rating by Sam Darkatsh at Raymond James
7/13/2017UBS GroupUpgradeOutperform ➝ Strong-BuyLow
i
7/13/2017Credit Suisse GroupReiterated RatingBuy$26.00Low
i
Rating by Andrew Buscaglia at Credit Suisse Group AG
7/12/2017Robert W. BairdUpgradeNeutral ➝ Outperform$26.50Low
i
7/12/2017Wells Fargo & CompanyReiterated RatingMarket Perform$25.50 ➝ $23.50High
i
7/11/2017Morgan StanleyReiterated RatingEqual WeightLow
i
6/26/2017Morgan StanleyReiterated RatingEqual Weight$23.00 ➝ $21.50Medium
i
6/12/2017Morgan StanleyReiterated RatingEqual Weight$25.00 ➝ $23.00Low
i
6/6/2017Credit Suisse GroupSet Price TargetBuy$26.00Low
i
Rating by Andrew Buscaglia at Credit Suisse Group AG
6/2/2017StephensInitiated CoverageOverweight$27.00Medium
i
6/2/2017JPMorgan Chase & Co.Initiated CoverageNeutral ➝ Neutral$23.00Medium
i
6/2/2017Longbow ResearchUpgradeNeutral ➝ Buy$27.50Medium
i
5/4/2017Credit Suisse GroupSet Price TargetBuy$26.00Low
i
Rating by Andrew Buscaglia at Credit Suisse Group AG
4/19/2017Raymond JamesUpgradeMarket Perform ➝ Buy$25.00Low
i
Rating by Sam Darkatsh at Raymond James
4/19/2017UBS GroupUpgradeMarket Perform ➝ OutperformN/A
i
4/19/2017Credit Suisse GroupUpgradeNeutral ➝ Outperform$27.50High
i
Rating by Andrew Buscaglia at Credit Suisse Group AG
4/18/2017ArgusUpgradeHold ➝ Buy$27.00High
i
4/13/2017Credit Suisse GroupReiterated RatingHold$24.50Medium
i
4/12/2017BMO Capital MarketsReiterated RatingHold$25.00Medium
i
1/19/2017Credit Suisse GroupBoost Price TargetNeutral$20.50 ➝ $24.50N/A
i
1/19/2017Stifel NicolausBoost Price TargetHold$22.00 ➝ $25.00N/A
i
1/12/2017Avondale PartnersUpgradeMarket Perform ➝ Outperform$25.50 ➝ $27.00N/A
i
Rating by L. Pfeffer at Avondale Partners
1/5/2017KeyCorpUpgradeSector Weight ➝ Overweight$26.50N/A
i
12/5/2016William BlairUpgradeMarket Perform ➝ OutperformN/A
i
Rating by R. Merkel at William Blair
11/7/2016BMO Capital MarketsReiterated RatingHold$22.50N/A
i
Rating by Scott Graham at BMO Capital Markets
10/14/2016ArgusDowngradeBuy ➝ HoldN/A
i
10/13/2016Robert W. BairdReiterated RatingNeutral$22.50N/A
i
Rating by David Manthey at Robert W. Baird
10/12/2016BMO Capital MarketsSet Price TargetHold$23.50 ➝ $22.50N/A
i
Rating by Scott Graham at BMO Capital Markets
9/4/2016Wells Fargo & CompanyReiterated RatingHoldN/A
i
Rating by allison poliniak at Wells Fargo & Company
8/25/2016MacquarieInitiated CoverageNeutral$25.00N/A
i
7/13/2016BMO Capital MarketsReiterated RatingMarket Perform$23.50N/A
i
7/7/2016Morgan StanleyInitiated CoverageEqual ➝ Equal Weight$23.00N/A
i
6/17/2016Credit Suisse GroupReiterated RatingNeutral$21.50N/A
i
6/8/2016Wells Fargo & CompanyReiterated RatingHoldN/A
i
5/8/2016Robert W. BairdReiterated RatingHoldN/A
i
Rating by David Manthey at Robert W. Baird
4/14/2016Credit Suisse GroupBoost Price TargetNeutral$18.50 ➝ $22.00N/A
i
4/8/2016BarclaysBoost Price TargetUnderweight$14.50 ➝ $19.00N/A
i
4/7/2016Avondale PartnersBoost Price TargetMarket Perform$24.50 ➝ $25.50N/A
i
Rating by L. Pfeffer at Avondale Partners
4/5/2016BMO Capital MarketsInitiated CoverageMarket Perform$25.00N/A
i
4/1/2016Deutsche Bank AktiengesellschaftDowngradeBuy ➝ Hold$27.50 ➝ $24.34N/A
i
4/1/2016Stifel NicolausDowngradeBuy ➝ HoldN/A
i
Rating by Robert McCarthy at Stifel Nicolaus
3/21/2016Sterne Agee CRTInitiated CoverageNeutral$25.00N/A
i
3/21/2016Avondale PartnersBoost Price TargetMarket Perform$19.00 ➝ $24.50N/A
i
3/17/2016Stifel NicolausBoost Price TargetBuy$24.50 ➝ $25.50N/A
i
3/8/2016ArgusInitiated CoverageBuy$28.50N/A
i
2/5/2016Robert W. BairdBoost Price TargetNeutral$21.00 ➝ $23.50N/A
i
1/19/2016BarclaysBoost Price TargetUnderweight$13.50 ➝ $14.50N/A
i
1/19/2016Stifel NicolausLower Price TargetBuy$22.50 ➝ $20.50N/A
i
1/14/2016Robert W. BairdLower Price Target$21.50 ➝ $21.00N/A
i
1/5/2016Avondale PartnersInitiated CoverageMarket Perform$21.00N/A
i
(Data available from 11/29/2015 forward)
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 2,114 branches and 15 distribution centers. Fastenal Company was founded in 1967 and is headquartered in Winona, Minnesota.
Read More

Today's Range

Now: $48.58
$48.13
$48.80

50 Day Range

MA: $46.02
$42.94
$48.94

52 Week Range

Now: $48.58
$26.72
$49.86

Volume

1,655,295 shs

Average Volume

4,359,633 shs

Market Capitalization

$27.89 billion

P/E Ratio

33.27

Dividend Yield

2.08%

Beta

1.21