Fastenal Company with ticker code (FAST) now have 9 confirmed analysts covering the stock with the consensus suggesting a rating of ‘hold’. The range between the high target price and low target price is between $77.00 and $58.00 with the average share target price sitting at $66.30. (at the time of writing). Given that the stocks previous close was at $75.03 this indicates there is a potential downside of -11.6%. The day 50 moving average is $70.13 and the 200 moving average now moves to $61.25. The company has a market cap of 43.33B. The current share price for the company is: $75.70 USD
The potential market cap would be $38,290,810,532 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 37.48, revenue per share of $12.86 and a 21.21% 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.
