Update shared on29 Jul 2025
Fair value Increased 15%The substantial upward revision in Fastenal’s price target is primarily driven by improved revenue growth forecasts and a higher future P/E multiple, raising fair value from $37.59 to $43.25.
What's in the News
- Fastenal completed its buyback program announced in 2017, having repurchased 11,800,000 shares (1.03% of shares) for $418.77 million, with no additional shares repurchased in the last reported period.
Valuation Changes
Summary of Valuation Changes for Fastenal
- The Consensus Analyst Price Target has significantly risen from $37.59 to $43.25.
- The Future P/E for Fastenal has significantly risen from 35.50x to 39.12x.
- The Consensus Revenue Growth forecasts for Fastenal has risen from 7.8% per annum to 8.4% per annum.
Disclaimer
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