Fastenal price target raised to $60 from $59 at Baird
Baird analyst David Manthey raised the firm’s price target on Fastenal (FAST) to $60 from $59 and keeps an Outperform rating on the shares. The firm updated its model following…
Fiscal Year: January - December
Fastenal Company (FAST), listed on the NASDAQ, has a market capitalization of $58.86B. As of Oct 19, 2026, the stock is trading at $51.30 per share@else an unavailable price , offering investors a clear view of its current market value. Fastenal Company is a prominent player in the industry sector, attracting both institutional and retail investors due to its performance and potential.
With a P/E ratio of 41.48, investors can assess the stock's valuation in comparison to its earnings. A P/E ratio is a crucial indicator for value investors, showing whether the stock is over or undervalued relative to its current earnings. Fastenal Company also offers a dividend yield of 2.04%, making it an attractive option for income-focused investors who seek regular dividends.
Our Discounted Cash Flow (DCF) analysis reveals that Fastenal Company (FAST) has a DCF fair value that is only shown to premium members. To see it, please Login or Upgrade for access.
The proprietary SS Score for Fastenal Company is a unique metric that analyzes the company's financial health and growth potential. The score takes into account critical factors such as revenue growth, net income, free cash flow (FCF) compound annual growth rate (CAGR), the trend of shares outstanding, and the debt-to-FCF ratio. This helps investors to make a more informed decision, as an undervalued stock might still have poor financial fundamentals.
To view the detailed SS Score for Fastenal Company, Login or Upgrade for access.
The Price to Free Cash Flow (P/FCF) ratio for Fastenal Company is 49.74, offering insights into how much investors are paying for the company's free cash flow. A lower P/FCF ratio typically suggests that the stock is undervalued, while a higher ratio may indicate overvaluation.
In summary, Fastenal Company (FAST) has shown consistent financial performance, as illustrated by the financial charts above, which track its revenue growth, net income, free cash flow, and shares outstanding over the past several years. These metrics provide investors with key insights into the company's past and projected future performance. Investors should use the SS Score alongside the DCF Fair Value to make better-informed decisions about whether to buy or hold the stock.
*This analysis is for informational purposes only and does not constitute investment advice. Always read the company's 10-K filings and do your own research before making any investment decisions.
Whether Fastenal Company (FAST) is a good stock to buy depends on various factors, including its financial health, market conditions, and your investment strategy. It is important to assess the SS Score and review the company's fundamentals before making any investment decisions.
The fair value of Fastenal Company (FAST) is determined through our Discounted Cash Flow (DCF) analysis. This value represents the intrinsic worth of the stock based on its expected future cash flows. To view the specific fair value, consider subscribing to our service for complete access.
The SS Score is a proprietary financial quality metric that assesses factors such as revenue growth, net income, free cash flow growth, and debt levels. It helps investors evaluate the overall financial health of Fastenal Company. To access the full SS Score, consider upgrading your subscription.
Fastenal Company is a significant player in the industry sector, with a market capitalization of $58.86B and a competitive P/E ratio of 41.48. Investors should compare these metrics with industry peers to gauge whether Fastenal Company is outperforming or underperforming within its sector.
Baird analyst David Manthey raised the firm’s price target on Fastenal (FAST) to $60 from $59 and keeps an Outperform rating on the shares. The firm updated its model following…
Bernstein raised the firm’s price target on Fastenal (FAST) to $47 from $42 and keeps an Underperform rating on the shares. The firm notes sales were better than expected, but…
The fastener-and-tool distributor posted third-quarter profit of $401.6 million, or 35 cents a share, compared with $335.5 million, or 29 cents a share, a year earlier.
WINONA, Minn.--(BUSINESS WIRE)--Fastenal Company (Nasdaq:FAST) ('Fastenal,' 'we,' 'our,' or 'us'), a global leader in supply chain services, today reported results for the third quarter ended Septembe...
WINONA, Minn.--(BUSINESS WIRE)--Fastenal Company (Nasdaq:FAST) ('Fastenal,' 'we,' 'our,' or 'us') reported its board of directors declared a dividend of $0.26 per share to be paid in cash on November ...
WINONA, Minn.--(BUSINESS WIRE)--Fastenal Company (Nasdaq:FAST) ('Fastenal,' 'we,' 'our,' or 'us') announced the date and time for its conference call to review 2026 third quarter results, as well as c...
Wolfe Research analyst Nigel Coe assumed coverage of Fastenal (FAST) with an Underperform rating and $51 price target
William Blair says Fastenal’s (FAST) August sales growth of 16.6% reflects a market still strengthening and good execution. The company reported its fifth straight sequential beat on a continued heavy...
Fastenal (FAST) reports August net sales were up 16.6% on a year-over-year basis to $812.06M. August daily sales were up 16.6% year-over-year to $38.67M.
Baird analyst David Manthey raised the firm’s price target on Fastenal (FAST) to $54 from $51 and keeps an Outperform rating on the shares. The firm updated its model following…
Morgan Stanley analyst Christopher Snyder raised the firm’s price target on Fastenal (FAST) to $52 from $48 and keeps an Equal Weight rating on the shares after updating for Q2…
Barclays lowered the firm’s price target on Fastenal (FAST) to $46 from $47 and keeps an Equal Weight rating on the shares following the Q2 report. The company’s gross margins…
Industrial distributor Fastenal reported second-quarter earnings per share of 33 cents, in line with Wall Street estimates.
WINONA, Minn.--(BUSINESS WIRE)--Fastenal Company (Nasdaq:FAST) ('Fastenal,' 'we,' 'our,' or 'us'), a global leader in supply chain services, today reported results for the second quarter ended June 30...
WINONA, Minn.--(BUSINESS WIRE)--Fastenal Company (NASDAQ: FAST) is proud to announce the publication of its 2026 Impact Report. The report, which covers the year ended December 31, 2025, highlights Fa...
WINONA, Minn.--(BUSINESS WIRE)--Fastenal Company (Nasdaq:FAST) ('Fastenal,' 'we,' 'our,' or 'us') announced the date and time for its conference call to review 2026 second quarter results, as well as ...
LAS VEGAS, June 16, 2026 (GLOBE NEWSWIRE) -- VSiN, The Sports Betting Network, today announced the launch of its new Free Ad-Supported TV (FAST) channel, Best Bets TV, powered by VSiN to reach more sp...
Projected from reported cash flow (SEC filings). The starting point is the latest yearly revenue times the median free cash flow margin of the last five years. Years 1 to 5 grow at the revenue growth rate of the last five years (between -5% and 15%), and years 6 to 10 slow down to the 2.5% perpetual growth rate. These are Studying Stocks' own estimates, not analyst forecasts, and are intended for educational purposes only as a baseline for the analysis.
| Year | FCF Estimate | % | Source |
|---|---|---|---|
| 2026 | 1.11B | 7.75% | Projected |
| 2027 | 1.19B | 7.75% | Projected |
| 2028 | 1.29B | 7.75% | Projected |
| 2029 | 1.39B | 7.75% | Projected |
| 2030 | 1.49B | 7.75% | Projected |
| 2031 | 1.59B | 6.70% | Projected |
| 2032 | 1.68B | 5.65% | Projected |
| 2033 | 1.76B | 4.60% | Projected |
| 2034 | 1.82B | 3.55% | Projected |
| 2035 | 1.87B | 2.50% | Projected |
Below are the FCF estimates with the discount factor and the calculated present value with the terminal value that led the results above.
| Year | FCF | Discount Factor | PV of Future FCF |
|---|---|---|---|
| 2024A | 946.80M | 1.00 | 946.80M |
| 2025A | 1.05B | 1.00 | 1.05B |
| 2026E | 1.11B | 1.08 | Login |
| 2027E | 1.19B | 1.17 | Login |
| 2028E | 1.29B | 1.27 | Login |
| 2029E | 1.39B | 1.38 | Login |
| 2030E | 1.49B | 1.49 | Login |
| 2031E | 1.59B | 1.62 | Login |
| 2032E | 1.68B | 1.75 | Login |
| 2033E | 1.76B | 1.90 | Login |
| 2034E | 1.82B | 2.06 | Login |
| 2035E | 1.87B | 2.23 | Login |
| Terminal | 2.23 | Login |
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