Insights on Fastenal Company from Our Analysts

Fastenal Company logged a 0.1% change during today's evening session, and is now trading at a price of $64.69 per share. The S&P 500 index moved 1.0%. FAST's trading volume is 2,396,798 compared to the stock's average volume of 3,561,941.

Fastenal Company trades 8.61% away from its average analyst target price of $59.56 per share. The 9 analysts following the stock have set target prices ranging from $56.0 to $66.0, and on average have given Fastenal Company a rating of hold.

Anyone interested in buying FAST should be aware of the facts below:

  • Fastenal Company's current price is 291.1% above its Graham number of $16.54, which implies that at its current valuation it does not offer a margin of safety

  • Fastenal Company has moved 35.6% over the last year, and the S&P 500 logged a change of 24.0%

  • Based on its trailing earnings per share of 1.98, Fastenal Company has a trailing 12 month Price to Earnings (P/E) ratio of 32.7 while the S&P 500 average is 15.97

  • FAST has a forward P/E ratio of 30.4 based on its forward 12 month price to earnings (EPS) of $2.13 per share

  • The company has a price to earnings growth (PEG) ratio of 5.1 — a number near or below 1 signifying that Fastenal Company is fairly valued compared to its estimated growth potential

  • Its Price to Book (P/B) ratio is 10.66 compared to its sector average of 4.24

  • 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, the company has 20,284 full time employees and a market cap of $36.98 Billion. Fastenal Company currently returns an annual dividend yield of 2.1%.

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.