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NASDAQ: FAST
Fastenal Co Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for FAST

Based on 7 analysts offering 12 month price targets for Fastenal Co.
Min Forecast
$42.00-19.69%
Avg Forecast
$51.14-2.21%
Max Forecast
$60.00+14.72%

Should I buy or sell FAST stock?

Based on 7 analysts offering ratings for Fastenal Co.
Hold
Strong Buy
1 analysts 14.29%
Buy
0 analysts 0%
Hold
5 analysts 71.43%
Sell
0 analysts 0%
Strong Sell
1 analysts 14.29%

Be the first to know when Wall Street analysts revise their FAST stock forecasts and price targets.

FAST stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Loop Capital
Top 16%
85
HoldMaintains$53.00+1.34%2023-01-23
Morgan Stanley
Top 4%
97
Strong SellMaintains$42.00-19.69%2023-01-06
Jefferies
Top 20%
81
HoldAssumes$50.00-4.40%2022-10-17
Argus Research
Top 12%
89
Strong BuyMaintains$55.00+5.16%2022-07-15
UBS
Top 24%
77
HoldMaintains$50.00-4.40%2022-07-14
Baird
Top 9%
92
HoldDowngrades$48.00-8.22%2022-07-14
Anonymous
Morgan Stanley
Strong SellMaintains$56.00+7.07%2022-04-14
Wells Fargo
Top 24%
77
HoldMaintains$60.00+14.72%2022-04-14

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Forecast return on equity

Is FAST forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
28.63%

Forecast return on assets

Is FAST forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

FAST earnings per share forecast

What is FAST's earnings per share in the next 3 years based on estimates from 9 analysts?
Avg 1 year Forecast
$1.92+1.59%
Avg 2 year Forecast
$2.04+7.94%
Avg 3 year Forecast
$2.32+22.75%
FAST's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

FAST revenue forecast

What is FAST's revenue in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
$7.2B+2.91%
Avg 2 year Forecast
$7.6B+8.88%
Avg 3 year Forecast
$8.4B+21.04%
FAST's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

FAST earnings growth forecast

How is FAST forecast to perform vs Industrial Distribution companies and vs the US market?
Company
5.77%
Industry
4.55%
Market
19.51%
FAST's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
FAST's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
FAST's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

FAST revenue growth forecast

How is FAST forecast to perform vs Industrial Distribution companies and vs the US market?
Company
5.63%
Industry
4.77%
Market
8.77%
FAST's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
FAST's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

FAST vs Industrial Distribution Stocks

TickerPricePrice TargetUp/downsideConsensus
FAST$52.30$51.14-2.21%Hold
FERG$129.47$153.60+18.64%Strong Buy
GWW$663.60$644.56-2.87%Hold
WSO$299.63$313.67+4.68%Buy
WCC$138.14$189.00+36.82%Strong Buy
View Top Industrial Distribution Stocks

Fastenal Co Stock Forecast FAQ

Is Fastenal Co Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 7 Wall Street analysts covering (NASDAQ: FAST) stock is to Hold FAST stock.

Out of 7 analysts, 1 (14.29%) are recommending FAST as a Strong Buy, 0 (0%) are recommending FAST as a Buy, 5 (71.43%) are recommending FAST as a Hold, 0 (0%) are recommending FAST as a Sell, and 1 (14.29%) are recommending FAST as a Strong Sell.

If you're new to stock investing, here's how to buy Fastenal Co stock.

What is FAST's earnings growth forecast for 2023-2025?

(NASDAQ: FAST) Fastenal Co's forecast annual earnings growth rate of 5.77% is forecast to beat the US Industrial Distribution industry's average forecast earnings growth rate of 4.55%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 19.51%.

Fastenal Co's earnings in 2023 is $1,086,900,000.On average, 9 Wall Street analysts forecast FAST's earnings for 2023 to be $1,096,000,483, with the lowest FAST earnings forecast at $970,417,095, and the highest FAST earnings forecast at $1,141,667,170. On average, 5 Wall Street analysts forecast FAST's earnings for 2024 to be $1,164,500,513, with the lowest FAST earnings forecast at $1,016,083,781, and the highest FAST earnings forecast at $1,227,292,208.

In 2025, FAST is forecast to generate $1,324,333,917 in earnings, with the lowest earnings forecast at $1,324,333,917 and the highest earnings forecast at $1,324,333,917.

What is FAST's revenue growth forecast for 2023-2025?

(NASDAQ: FAST) Fastenal Co's forecast annual revenue growth rate of 5.63% is forecast to beat the US Industrial Distribution industry's average forecast revenue growth rate of 4.77%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.77%.

Fastenal Co's revenue in 2023 is $6,980,600,000.On average, 7 Wall Street analysts forecast FAST's revenue for 2023 to be $4,100,569,928,675, with the lowest FAST revenue forecast at $3,839,925,601,263, and the highest FAST revenue forecast at $4,248,737,206,498. On average, 5 Wall Street analysts forecast FAST's revenue for 2024 to be $4,338,624,658,628, with the lowest FAST revenue forecast at $4,031,922,052,577, and the highest FAST revenue forecast at $4,493,601,981,120.

In 2025, FAST is forecast to generate $4,822,972,959,665 in revenue, with the lowest revenue forecast at $4,822,972,959,665 and the highest revenue forecast at $4,822,972,959,665.

What is FAST's forecast return on assets (ROA) for 2023-2026?

(NASDAQ: FAST) forecast ROA is N/A, which is lower than the forecast US Industrial Distribution industry average of N/A.

What is FAST's Price Target?

According to 7 Wall Street analysts that have issued a 1 year FAST price target, the average FAST price target is $51.14, with the highest FAST stock price forecast at $60.00 and the lowest FAST stock price forecast at $42.00.

On average, Wall Street analysts predict that Fastenal Co's share price could fall to $51.14 by Jan 23, 2024. The average Fastenal Co stock price prediction forecasts a potential downside of 2.21% from the current FAST share price of $52.30.

What is FAST's Earnings Per Share (EPS) forecast for 2023-2025?

(NASDAQ: FAST) Fastenal Co's current Earnings Per Share (EPS) is $1.89. On average, analysts forecast that FAST's EPS will be $1.92 for 2023, with the lowest EPS forecast at $1.70, and the highest EPS forecast at $2.00. On average, analysts forecast that FAST's EPS will be $2.04 for 2024, with the lowest EPS forecast at $1.78, and the highest EPS forecast at $2.15. In 2025, FAST's EPS is forecast to hit $2.32 (min: $2.32, max: $2.32).

What is FAST's forecast return on equity (ROE) for 2023-2026?

(NASDAQ: FAST) forecast ROE is N/A, which is considered weak.
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