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Price
Target price
€63.72

€63.72

0.690%
0.44
0.690%
€65.95

€65.95

 
26.04.24 / Tradegate WKN: 887891 / Symbol: FAST / Name: Fastenal / Stock / Machinery, Equipment & Components / Large Cap /
Latest predictions
€75.00
18.03.24
-8.10%
buy
€68.90
19.01.24
1.76%
buy
€62.73
13.10.23
13.94%
buy
04.07.23
22.23%
buy
€63.00
27.07.21
46.80%
buy
Best running prediction
€63.00
27.07.21
46.80%
buy
Your prediction

Fastenal Co. Stock

The Fastenal Co. stock is trending slightly upwards today, with an increase of €0.44 (0.690%) compared to yesterday's price.
Currently there is a rather positive sentiment for Fastenal Co. with 5 Buy predictions and 0 Sell predictions.
With a target price of 65 € there is a slightly positive potential of 2.01% for Fastenal Co. compared to the current price of 63.72 €.
Our community identified positive and negative aspects for Fastenal Co. stock for the coming years. 1 users see the criterium "EBIT growth" as a plus for the Fastenal Co. stock. On the other hand our users think that "Brand" could be a problem in the future.

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

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Tell us your opinion to access the 'Wisdom of the Crowds'

Performance of Fastenal Co. vs. its peers

Security Change(%) 1w 1m 1y YTD 3y 5y
Fastenal Co. 0.690% 0.489% -10.140% 34.077% 8.663% 48.376% 100.031%
Stanley Black & Decker Inc. 1.280% 0.024% -2.872% 19.800% -6.427% -50.902% -35.492%
IDEX Corp. -0.190% -3.283% -7.823% 8.498% 5.070% 10.267% -
Parker-Hannifin 0.780% 3.027% 1.971% 83.150% 23.396% 96.133% 216.066%

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. (%) 1.76%
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. (%) 13.94%
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
Show more

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

Why Fastenal Stock Fell Today: https://g.foolcdn.com/editorial/images/772654/chromeplated-bolts-and-nuts-getty.jpg
Why Fastenal Stock Fell Today

Fastenal (NASDAQ: FAST) continues to see sluggish demand in the industrial sector, and its latest results are weighing on the stock. Shares of Fastenal were down 7% at 3:30 p.m. ET. after the parts

Dividend Aristocrat Fastenal Goes on Sale: Buy It While It’s Down: https://www.marketbeat.com/logos/articles/med_20240411085111_chart-fast-4112024ver001.png
Dividend Aristocrat Fastenal Goes on Sale: Buy It While It’s Down

Dividend Aristocrat Fastenal (NASDAQ: FAST) fell about 5% after its Q1 release and may fall further. Not because the business is flagging but because the valuation has run up to unsustainable

2 Dividend Stocks You Can Safely Hold for Decades: https://g.foolcdn.com/editorial/images/762819/dividends-cash.jpg
2 Dividend Stocks You Can Safely Hold for Decades

If you're looking for safe dividend stocks to hold for decades, there are some great companies out there you might not know about yet. The following stocks have been growing their dividend payments