Fastenal Company with ticker code (FAST) have now 9 analysts in total covering the stock. The consensus rating is pointing to ‘hold’. The target price High/Low ranges between 61 and 46 calculating the average target price we see $55.37. Given that the stocks previous close was at $58.99 this would imply there is a potential downside of -6.1%. The 50 day MA is $55.24 while the 200 day moving average is $51.39. The company has a market cap of 33.35B. The stock price is currently at: 58.41 USD
The potential market cap would be $31,307,714,396 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 29.95, revenue per share of 12.46 and a 20.58% 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.
