Fastenal Co's fundamentals are relatively very healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 79/182 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 43.19.In the medium term, the stock price is expected to trend down.Despite an average stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Fastenal Co's Score
Industry at a Glance
Industry Ranking
79 / 182
Overall Ranking
166 / 4562
Industry
Machinery, Tools, Heavy Vehicles, Trains & Ships
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
18
analysts
Hold
Current Rating
43.186
Target Price
+5.85%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Fastenal Co Highlights
StrengthsRisks
Fastenal Company is engaged in the wholesale distribution of industrial and construction supplies. The Company is a distributor of threaded fasteners, bolts, nuts, screws, studs, and related washers, as well as miscellaneous supplies and hardware, such as pins, machinery keys, concrete anchors, metal framing systems, wire rope, struts, rivets, and related accessories. Its business tools include Fastenal Managed Inventory (FMI), Bin stock (FASTStock and FASTBin) and Industrial vending (FASTVend). The Company also invests in digital solutions that aim to deliver value for its customers, leverage local inventory for same-day solutions, and provide service. It serves general and commercial contractors in non-residential end markets as well as farmers, truckers, railroads, oil exploration companies, oil production and refinement companies, mining companies, federal, state, and local governmental entities, schools, and certain retail trades.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 77.64%.
Stable Dividend
The company has regularly paid dividends over the past 5 years, with the latest dividend payout ratio of 77.64%.
Undervalued
The company’s latest PE is 39.12, at a low 3-year percentile range.
Fastenal Company is engaged in the wholesale distribution of industrial and construction supplies. The Company is a distributor of threaded fasteners, bolts, nuts, screws, studs, and related washers, as well as miscellaneous supplies and hardware, such as pins, machinery keys, concrete anchors, metal framing systems, wire rope, struts, rivets, and related accessories. Its business tools include Fastenal Managed Inventory (FMI), Bin stock (FASTStock and FASTBin) and Industrial vending (FASTVend). The Company also invests in digital solutions that aim to deliver value for its customers, leverage local inventory for same-day solutions, and provide service. It serves general and commercial contractors in non-residential end markets as well as farmers, truckers, railroads, oil exploration companies, oil production and refinement companies, mining companies, federal, state, and local governmental entities, schools, and certain retail trades.
Ticker SymbolFAST
CompanyFastenal Co
CEOFlorness (Daniel L)
Websitehttps://www.fastenal.com/
FAQs
What is the current price of Fastenal Co (FAST)?
The current price of Fastenal Co (FAST) is 41.830.
What is the symbol of Fastenal Co?
The ticker symbol of Fastenal Co is FAST.
What is the 52-week high of Fastenal Co?
The 52-week high of Fastenal Co is 50.630.
What is the 52-week low of Fastenal Co?
The 52-week low of Fastenal Co is 35.305.
What is the market capitalization of Fastenal Co?
The market capitalization of Fastenal Co is 48.02B.
What is the net income of Fastenal Co?
The net income of Fastenal Co is 1.15B.
Is Fastenal Co (FAST) currently rated as Buy, Hold, or Sell?
According to analysts, Fastenal Co (FAST) has an overall rating of Hold, with a price target of 43.186.
What is the Earnings Per Share (EPS TTM) of Fastenal Co (FAST)?
The Earnings Per Share (EPS TTM) of Fastenal Co (FAST) is 1.069.