Fastenal Company with ticker code (FAST) have now 10 analysts in total covering the stock. The consensus rating is pointing to ‘hold’. The target price High/Low ranges between 61 and 50 calculating the average target price we see $57.10. Now with the previous closing price of $55.85 and the analysts are correct then there would likely be a percentage uptick in value of 2.2%. It’s also worth noting that there is a 50 day moving average of $56.03 while the 200 day moving average is $54.14. The market cap for the company is 32.00B. The stock price for the company is currently 56.01 USD
The potential market cap would be $32,716,572,634 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 28.58, revenue per share of 12.67 and a 20.45% return on assets.
Fastenal Company is engaged in the wholesale distribution of industrial and construction supplies. The Company is a distributor of threaded fasteners, bolts, nuts, screws, studs, and related washers, as well as miscellaneous supplies and hardware. Its customers are in the manufacturing and non-residential construction markets. The manufacturing market includes sales of products for both original equipment manufacturing (OEM), where its products are consumed in the final products of its customers, and manufacturing, repair, and operations (MRO), where its products are consumed to support the facilities and ongoing operations of its customers. The non-residential construction market includes general, electrical, plumbing, sheet metal and road contractors. Other users of its products include farmers, truckers, railroads, oil exploration companies, oil production and refinement companies, mining companies, federal, state, and local governmental entities, schools, and certain retail trades.
