Fastenal Stock Target Price and Analyst Consensus
| FAST Stock | USD 74.78 0.01 0.01% |
The current analyst and expert consensus on Fastenal is Hold with 12 hold recommendations. The current projected Fastenal target price consensus is 75.71 with 17 analyst opinions. One of the most common ways Fastenal analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Fastenal vendors, executives, and/or customers. Fastenal recommendation module provides expert sentiment on the projected Fastenal target price to derive its highest and lowest estimates based on target price standard deviation. Check out Macroaxis Advice on Fastenal to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast 68.9 | Highest Forecast 84.04 | Target Price 75.71 |
Fastenal |
It's important to approach Fastenal's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Fastenal Target Price Consensus
Fastenal target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Fastenal's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 17 | Hold |
Most Fastenal analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Fastenal stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Fastenal, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationFastenal Target Price Projection
Fastenal's current and average target prices are 74.78 and 75.71, respectively. The current price of Fastenal is the price at which Fastenal Company is currently trading. On the other hand, Fastenal's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Fastenal Market Quote on 16th of February 2025
Target Price
Analyst Consensus On Fastenal Target Price
Fastenal Analyst Ratings
Fastenal's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Fastenal stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Fastenal's financials, market performance, and future outlook by experienced professionals. Fastenal's historical ratings below, therefore, can serve as a valuable tool for investors.Analyst Consensus Breakdown
Average Consensus Estimates
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.
Steps to utilize Fastenal price targets
Fastenal's stock target price is an estimate of its future price, usually made by analysts. Using Fastenal's target price to determine if it is a suitable investment can be done through the following steps:- Look at Fastenal's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
- Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
- Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
- Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Fastenal's stock is likely to perform well.
- Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Additional Fastenal Value Projection Modules
Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Fastenal is a key component of Fastenal valuation and have some predictive power on the future returns of a Fastenal.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Fastenal's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Trending Themes
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Additional Tools for Fastenal Stock Analysis
When running Fastenal's price analysis, check to measure Fastenal's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fastenal is operating at the current time. Most of Fastenal's value examination focuses on studying past and present price action to predict the probability of Fastenal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fastenal's price. Additionally, you may evaluate how the addition of Fastenal to your portfolios can decrease your overall portfolio volatility.