Insights into Fastenal Company – Wall St.'s Perspective

Large-cap Consumer Discretionary company Fastenal Company has logged a -1.1% change today on a trading volume of 2,460,412. The average volume for the stock is 2,987,232.

Fastenal Company, together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, Mexico, and internationally. Based in Winona, United States the company has 20,631 full time employees and a market cap of $31,900,377,088. Fastenal Company currently offers its equity investors a dividend that yields 2.3% per year.

The company is now trading -2.22% away from its average analyst target price of $57.1 per share. The 10 analysts following the stock have set target prices ranging from $50.0 to $61.0, and on average give Fastenal Company a rating of hold.

Over the last 52 weeks, FAST stock has risen 22.0%, which amounts to a -1.0% difference compared to the S&P 500. The stock's 52 week high is $59.43 whereas its 52 week low is $43.73 per share. Based on Fastenal Company's average net margin growth of 3.1% over the last 6 years, its core business is on track for profitability and its strong stock performance may continue in the long term.

Date Reported Total Revenue ($ k) Net Profit ($ k) Net Margins (%) YoY Growth (%)
2023-02-07 6,980,600 1,086,900 16 6.67
2022-02-07 6,010,900 925,000 15 0.0
2021-02-08 5,647,300 859,100 15 0.0
2020-02-06 5,333,700 790,900 15 0.0
2019-02-06 4,965,100 751,900 15 15.38
2018-02-05 4,390,500 578,600 13
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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