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Price
Target price
€71.43

€71.43

0.060%
0.04
0.060%
€68.90
 
17:33 / Tradegate WKN: 887891 / Symbol: FAST / Name: Fastenal / Stock / Machinery, Equipment & Components / Large Cap /
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Your prediction

Fastenal Co. Stock

With only a change of €0.040 (0.060%) the Fastenal Co. price is nearly unchanged from yesterday.
We see a rather positive sentiment for Fastenal Co. with 7 Buy predictions and 2 Sell predictions.
However, we have a potential of -4.8% for Fastenal Co. as the target price of 68 € is below the current price of 71.43 €.
For the coming years our community has positive and negative things to say abot the Fastenal Co. stock. Criterium "EBIT growth" gathered the most positive votes but regarding "Brand" there were negative voices in the community.

Pros and Cons of Fastenal Co. in the next few years

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Performance of Fastenal Co. vs. its peers

Security Change(%) 1w 1m 1y YTD 3y 5y
Fastenal Co. 0.060% 0.479% 5.810% 47.196% 21.743% 66.236% 158.425%
Stanley Black & Decker Inc. 0.900% 5.451% 9.507% 26.279% -0.268% -47.908% -24.370%
IDEX Corp. 0.750% 2.492% 3.904% 9.806% 15.261% 31.512% -
Parker-Hannifin -0.120% 2.996% 5.182% 71.467% 22.967% 91.530% 250.319%

sharewise BeanCounterBot

The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.
Last updated at 2023-06-12

Upon examining the financial statements of Fastenal (US symbol: FAST) from the Machinery, Equipment & Components industry, it appears that the company has experienced a positive financial growth in recent years. The key financial ratios and metrics indicate an overall satisfactory company performance in term of operating efficiency, liquidity, and profitability. However, a closer look at individual financial figures is necessary to provide a detailed analysis of the strengths and weaknesses of Fastenal's financials.

Pros

Revenue Growth: Fastenal's total revenue has been consistently increasing over the years. From 2020 to 2022, the company's revenue increased from $5.65 billion to $6.98 billion, indicating a continuously expanding business operation.

Comments

Prediction Buy
Perf. (%) 13.36%
Target price 68.903
Change
Ends at 19.01.25

Fastenal (NASDAQ: FAST) had its price target raised by analysts at Stifel Nicolaus from $69.00 to $75.00. They now have a "buy" rating on the stock.
Ratings data for FAST provided by MarketBeat
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Prediction Buy
Perf. (%) 26.79%
Target price 62.726
Change
Ends at 13.10.24

Fastenal (NASDAQ: FAST) had its price target raised by analysts at Stifel Nicolaus from $61.00 to $66.00. They now have a "buy" rating on the stock.
Ratings data for FAST provided by MarketBeat
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Fastenal (NASDAQ: FAST) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.
Ratings data for FAST provided by MarketBeat
Show more

News

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One of the nice things about Wall Street is that you can very quickly and directly get a read on what investors think about things by simply watching stock prices. So when Fastenal's (NASDAQ: FAST)