Fastenal (FAST) Stock Overview
Engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, Mexico, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 2/6 |
| Past Performance | 6/6 |
| Financial Health | 6/6 |
| Dividends | 4/6 |
FAST Community Fair Values
Create NarrativeSee what 57 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Fastenal Company Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$43.30 |
| 52 Week High | US$50.63 |
| 52 Week Low | US$38.97 |
| Beta | 0.74 |
| 1 Month Change | -11.94% |
| 3 Month Change | -7.20% |
| 1 Year Change | 8.05% |
| 3 Year Change | 59.72% |
| 5 Year Change | 61.36% |
| Change since IPO | 127,802.17% |
Recent News & Updates
Narrative Update • May 06
FAST: Future Returns Will Hinge On Execution Resilience And Carrollton Expansion
Analysts have adjusted Fastenal's price target modestly higher to $46.49. This reflects updated discount rate and P/E assumptions alongside recent mixed target changes from Barclays, Bernstein, Baird, and BofA.Narrative Update • Apr 21
FAST: Future Returns Will Depend On Execution Resilience And Distribution Expansion
Fastenal's updated analyst price target edges higher to about $46.49 from $45.24, with analysts pointing to refreshed models that incorporate Street research adjustments to revenue growth, profit margins, and long term P/E assumptions. Analyst Commentary Recent Street research on Fastenal reflects a mix of optimism and caution, with several firms revisiting their models and making targeted changes to price targets and assumptions.Seeking Alpha • Apr 20
Fastenal Company: Tariff Concerns On Top Of An Expensive Valuation
Summary Fastenal Company remains a hold as strong demand and broad-based revenue growth are offset by persistent pricing and margin pressures. Q1 2026 saw 12.4% y/y revenue growth and double-digit EPS gains, but gross margin declined 47 bps due to unfavorable price/cost dynamics and transportation headwinds. Section 232 tariff changes increase cost pressure risk, likely prolonging margin challenges and complicating price realization efforts. Valuation remains elevated at ~36x forward PE, well above historical averages and peers, limiting upside despite improved demand signals. Read the full article on Seeking AlphaRecent updates
Narrative Update • May 06
FAST: Future Returns Will Hinge On Execution Resilience And Carrollton Expansion
Analysts have adjusted Fastenal's price target modestly higher to $46.49. This reflects updated discount rate and P/E assumptions alongside recent mixed target changes from Barclays, Bernstein, Baird, and BofA.Narrative Update • Apr 21
FAST: Future Returns Will Depend On Execution Resilience And Distribution Expansion
Fastenal's updated analyst price target edges higher to about $46.49 from $45.24, with analysts pointing to refreshed models that incorporate Street research adjustments to revenue growth, profit margins, and long term P/E assumptions. Analyst Commentary Recent Street research on Fastenal reflects a mix of optimism and caution, with several firms revisiting their models and making targeted changes to price targets and assumptions.Seeking Alpha • Apr 20
Fastenal Company: Tariff Concerns On Top Of An Expensive Valuation
Summary Fastenal Company remains a hold as strong demand and broad-based revenue growth are offset by persistent pricing and margin pressures. Q1 2026 saw 12.4% y/y revenue growth and double-digit EPS gains, but gross margin declined 47 bps due to unfavorable price/cost dynamics and transportation headwinds. Section 232 tariff changes increase cost pressure risk, likely prolonging margin challenges and complicating price realization efforts. Valuation remains elevated at ~36x forward PE, well above historical averages and peers, limiting upside despite improved demand signals. Read the full article on Seeking AlphaNarrative Update • Apr 07
FAST: Future Returns Will Rely On Sales Resilience And Execution Consistency
Fastenal's analyst price targets have edged higher, with recent moves such as Baird lifting its target to $52 from $51 and Barclays moving to $44 from $43, as analysts update their models following stronger than expected February average daily sales. Analyst Commentary Recent research updates offer a mixed picture, with some analysts highlighting support from stronger than expected February average daily sales and others taking a more measured stance on how much upside is already reflected in the shares.
Narrative Update • Mar 24
FAST: Modest February Sales Strength Will Still Drive Further Multiple Compression
Analysts have nudged Street price targets on Fastenal modestly higher, with moves such as Baird's lift to $52 and Barclays' to $44. These changes reflect updated models that factor in recent data points like stronger than expected February average daily sales.Narrative Update • Mar 10
FAST: Future Returns Will Depend On Margin Resilience And Execution Consistency
We are nudging our Fastenal fair value estimate up to $44.92 from $43.46, reflecting analysts' slightly higher price targets and updated assumptions around discount rate, revenue growth, profit margin, and future P/E. Analyst Commentary Recent Street research on Fastenal reflects a mix of optimism and caution, with several price target revisions feeding into our refreshed fair value estimate.Narrative Update • Feb 24
FAST: Tighter Margin Outlook Will Drive Further Multiple Compression
Narrative Update The analyst price target for Fastenal has been adjusted by a net $1, as some analysts lifted their targets by $2 while others reduced theirs by $1, reflecting updated views on revenue, margins, and P/E expectations. Analyst Commentary Recent research on Fastenal reflects a mix of optimism and caution, with some analysts lifting price targets and others trimming them.Narrative Update • Feb 09
FAST: Decelerating Sales And Inflation Pressures Will Drive Further Multiple Compression
Narrative Update on Fastenal The updated analyst price target for Fastenal reflects a mixed set of recent Street views, with small model adjustments around revenue growth, profit margins, and long-term P/E assumptions as analysts factor in both higher and lower target revisions following recent research updates. Analyst Commentary Recent Street commentary around Fastenal has tilted more cautious, with several bearish analysts trimming price targets or ratings as they reassess the balance between growth, margins, and valuation.Narrative Update • Jan 25
FAST: Decelerating Sales And Inflationary Pressures Will Drive Further Multiple Compression
Narrative update on Fastenal Analysts have reset their price expectations for Fastenal, with our fair value estimate moving from US$33.39 to US$38.00 as they factor in slower revenue growth, slightly softer profit margins, and a higher assumed future P/E multiple, in line with new Underperform ratings and lower price targets from recent research updates. Analyst Commentary Recent research has tilted more cautious on Fastenal, with a series of Underperform ratings and trimmed price targets pointing to concerns around growth, margins, and valuation.Analysis Article • Jan 22
Analyst Estimates: Here's What Brokers Think Of Fastenal Company (NASDAQ:FAST) After Its Annual Report
It's been a good week for Fastenal Company ( NASDAQ:FAST ) shareholders, because the company has just released its...Narrative Update • Jan 11
FAST: Slowing Sales And Inflationary Margin Pressure Will Drive Further Multiple Compression
Analysts have trimmed their Fastenal price targets by a few dollars to the low to mid US$40s, citing slowing sales trends, pressure on gross margins, and the view that the current valuation and P/E multiple leave room for further compression. Analyst Commentary Recent research updates on Fastenal have leaned cautious, with several bearish analysts trimming price targets and rethinking their stance after the latest Q3 results and sales trends.Analysis Article • Jan 06
Pinning Down Fastenal Company's (NASDAQ:FAST) P/E Is Difficult Right Now
Fastenal Company's ( NASDAQ:FAST ) price-to-earnings (or "P/E") ratio of 38.5x might make it look like a strong sell...Narrative Update • Dec 26
FAST: Inflation And Slowing Sales Will Pressure Margins And Share Performance
Analysts modestly raised their fair value estimate for Fastenal by about $1.22 to approximately $33.39 per share. This reflects slightly stronger long term revenue growth expectations despite mounting concerns over decelerating sales, margin pressure from inflation, and the potential for further valuation multiple compression highlighted in recent target cuts and Underperform ratings.Narrative Update • Dec 11
FAST: Future Returns Will Hinge On Margin Resilience Amid Slowing Sales
The analyst price target for Fastenal has been nudged lower by $0.04 to $43.46, as analysts factor in decelerating sales, emerging inflationary pressure on gross margins, and the risk of further multiple compression, even as long term growth prospects remain solid. Analyst Commentary Recent research updates reflect a more cautious stance on Fastenal, with multiple price target reductions and a tilt toward Underperform ratings as analysts reassess the balance between the company’s structural strengths and near term execution risks.Narrative Update • Nov 27
FAST: Future Returns Will Depend On Margin Defense Amid Inflationary Pressures
Analysts have slightly reduced their fair value estimate for Fastenal to approximately $43.46 per share from $43.58. They cite pressures on revenue growth and profit margins, as recent research highlights slowing sales, margin headwinds, and a more challenging valuation environment.Narrative Update • Nov 13
FAST: Future Performance Will Rely On Overcoming Margin Pressures And Execution Risks
Fastenal's analyst price target has edged down from $44.35 to $43.58, as analysts cite increased caution around future growth, margin pressures, and lower revised earnings estimates following recent coverage and earnings misses. Analyst Commentary Recent research coverage on Fastenal reflects a diverse range of perspectives regarding the company's outlook and valuation.Narrative Update • Aug 27
Managed Inventory Expansion And Digital Footprint Will Transform Supply Chains
Fastenal’s consensus price target was raised to $44.05 on the back of strong Q2 results, improving sales trends, and continued margin outperformance, with analysts expecting double-digit sales growth and justifying a premium valuation despite an already elevated multiple. Analyst Commentary Strong Q2 performance, with Fastenal beating consensus on sales, gross margin, and operating margin.Analysis Article • May 25
Is Now The Time To Look At Buying Fastenal Company (NASDAQ:FAST)?
Let's talk about the popular Fastenal Company ( NASDAQ:FAST ). The company's shares saw a decent share price growth of...Seeking Alpha • Apr 19
Fastenal: Expensive But Strong Growth Prospects
Summary Fastenal's shift from branch closures to expansion, creates strong growth outlook. Investments in FASTCrib and digital services enhance customer retention, increase margins, and expand Fastenal's TAM. Secular tailwinds from end markets and increasing customer bases create a GDP+ growth. Despite the current high valuation, entry exists ~5-6% below current share price. Read the full article on Seeking AlphaSeeking Alpha • Apr 12
Fastenal: Set To Gain Market Share In Tough Times, But There's A Caveat
Summary Fastenal's Q1-2025 results met expectations, with net sales up 3.4% YoY and EPS flat at $0.52, driving the stock up 6.4%. The company is highly profitable, with strong free cash flow and steady growth, but the current valuation is too high to recommend a Buy. Fastenal is well-positioned to handle tariffs through price hikes and diversified sourcing, potentially gaining market share during economic disruptions. Despite solid fundamentals and market outperformance, the stock's high valuation near decade highs justifies a Hold rating. Read the full article on Seeking AlphaSeeking Alpha • Dec 27
Fastenal: High Quality, But Valuation Concerns Apparent Amid Manufacturing Uncertainty
Summary The Materials Select Sector SPDR Fund (XLB) is the only S&P 500 sector ETF in negative territory year to date, with resource stocks under pressure. Fastenal (FAST) trades at a premium multiple despite modest earnings growth expectations, supported by strong fundamentals and market share gains. Key risks include manufacturing weakness, a strong US dollar, and heightened competition, but FAST's low debt and healthy FCF yield are positives. With a long-term uptrend but shares 10% overvalued, I maintain a hold rating on FAST, seeking double-digit EPS growth for a higher valuation. Read the full article on Seeking AlphaSeeking Alpha • Oct 14
High-Quality Dividend Stock Universe: Fastenal Company - In Need Of A Moderate Pullback
Summary Fastenal reported better than expected Q3 earnings, resulting in a 10% jump in stock price. Fastenal has returned more than 51,000% since inception, equating to a CAGR of almost 20%. Earlier this year, the company achieved dividend champion status, but the rising payout ratio is something investors should monitor. Read the full article on Seeking AlphaSeeking Alpha • Oct 06
Fastenal: Resilience Is Overshadowed By Steep Valuation
Summary Fastenal's growth has temporarily slowed down due to weak industrial activity, and a weak PMI still looks to pressure growth in Q3. Despite the weaker growth, Fastenal's margins have remained resilient, and the company looks poised to return to greater growth with an eventual improvement in manufacturing with Onsite and eBusiness growth. The FAST stock's valuation still stands too steep, likely making the stock's return weak. Read the full article on Seeking AlphaSeeking Alpha • Sep 12
Fastenal: Shifting From Branch To Onsite; Initiate With 'Sell' Due To High Valuation
Summary Fastenal's shift from branch to onsite locations has improved customer experience and market share, but I believe the stock is overvalued, warranting a 'Sell' rating with a $50 target price. The company's digital distribution network, including Fastenal Management Inventory, enhances its competitive advantage and supports solid revenue growth. Recent financial results show moderate revenue growth but declining operating income, impacted by weak industrial production and pricing pressures. Despite strong cash flow and potential upside risks, near-term challenges are not fully reflected in the current stock price, justifying the 'Sell' rating. Read the full article on Seeking AlphaShareholder Returns
| FAST | US Trade Distributors | US Market | |
|---|---|---|---|
| 7D | -3.5% | 0.9% | 2.6% |
| 1Y | 8.0% | 21.8% | 26.2% |
Return vs Industry: FAST underperformed the US Trade Distributors industry which returned 27% over the past year.
Return vs Market: FAST underperformed the US Market which returned 31.1% over the past year.
Price Volatility
| FAST volatility | |
|---|---|
| FAST Average Weekly Movement | 4.1% |
| Trade Distributors Industry Average Movement | 7.5% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.1% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: FAST has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: FAST's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1967 | 21,763 | Dan Florness | www.fastenal.com |
Fastenal Company, together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, Mexico, and internationally. It offers fasteners, and related industrial and construction supplies under the Fastenal name. The company’s fastener products include threaded fasteners, bolts, nuts, screws, studs, and related washers that are used in manufactured products and construction projects, as well as in the maintenance and repair of machines.
Fastenal Company Fundamentals Summary
| FAST fundamental statistics | |
|---|---|
| Market cap | US$50.71b |
| Earnings (TTM) | US$1.30b |
| Revenue (TTM) | US$8.44b |
38.3x
P/E Ratio5.9x
P/S RatioIs FAST overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| FAST income statement (TTM) | |
|---|---|
| Revenue | US$8.44b |
| Cost of Revenue | US$4.65b |
| Gross Profit | US$3.79b |
| Other Expenses | US$2.49b |
| Earnings | US$1.30b |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
Jul 13, 2026
| Earnings per share (EPS) | 1.13 |
| Gross Margin | 44.89% |
| Net Profit Margin | 15.39% |
| Debt/Equity Ratio | 3.1% |
How did FAST perform over the long term?
See historical performance and comparisonDividends
2.2%
Current Dividend Yield80%
Payout RatioDoes FAST pay a reliable dividends?
See FAST dividend history and benchmarks| Fastenal dividend dates | |
|---|---|
| Ex Dividend Date | Apr 28 2026 |
| Dividend Pay Date | May 26 2026 |
| Days until Ex dividend | 14 days |
| Days until Dividend pay date | 14 days |
Does FAST pay a reliable dividends?
See FAST dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/11 06:17 |
| End of Day Share Price | 2026/05/11 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Fastenal Company is covered by 34 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| John Eade | Argus Research Company |
| David Manthey | Baird |
| Guy Hardwick | Barclays |