A share price of Fastenal Co [FAST] is currently trading at $77.73, up 0.83%. An important factor to consider is whether the stock is rising or falling in short-term value. The FAST shares have gain 2.94% over the last week, with a monthly amount glided 5.20%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Fastenal Co [NASDAQ: FAST] stock has seen the most recent analyst activity on March 10, 2025, when William Blair upgraded its rating to a Outperform. Previously, Stifel downgraded its rating to Hold on December 11, 2024, and kept the price target unchanged to $86. On December 11, 2024, downgrade downgraded it’s rating to Reduce but maintained its price target of $70 on the stock. BofA Securities initiated its recommendation with a Buy and recommended $85 as its price target on October 07, 2024. Morgan Stanley started tracking with a Equal-Weight rating for this stock on September 06, 2024, and assigned it a price target of $72. In a note dated September 15, 2023, HSBC Securities initiated an Hold rating and provided a target price of $59 on this stock.
Fastenal Co experienced fluctuations in its stock price throughout the past year between $61.36 and $84.88. Currently, Wall Street analysts expect the stock to reach $77.8 within the next 12 months. Fastenal Co [NASDAQ: FAST] shares were valued at $77.73 at the most recent close of the market. An investor can expect a potential return of 0.09% based on the average FAST price forecast.
Analyzing the FAST fundamentals
Trailing Twelve Months sales for Fastenal Co [NASDAQ:FAST] were 7.55B which represents 3.75% growth. Gross Profit Margin for this corporation currently stands at 0.44% with Operating Profit Margin at 0.2%, Pretax Profit Margin comes in at 0.2%, and Net Profit Margin reading is 0.15%. To continue investigating profitability, this company’s Return on Assets is posted at 0.24, Equity is 0.33 and Total Capital is 0.38. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.13.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 77.01 points at the first support level, and at 76.30 for the second support level. However, for the 1st resistance point, the stock is sitting at 78.15, and for the 2nd resistance point, it is at 78.57.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Fastenal Co [NASDAQ:FAST] is 4.67. On the other hand, the Quick Ratio is 2.28, and the Cash Ratio is 0.37. Considering the valuation of this stock, the price to sales ratio is 5.91, the price to book ratio is 12.32 and price to earnings (TTM) ratio is 38.80.
Transactions by insiders
Recent insider trading involved Lewis Holden, Chief Financial Officer/EVP, that happened on Mar 14 ’25 when 68664.0 shares were sold. Officer, HOLDEN LEWIS completed a deal on Mar 14 ’25 to buy 68655.0 shares. Meanwhile, Executive Vice President Jansen James C sold 19564.0 shares on Nov 22 ’24.
