Overview
Fastenal Company, based in the United States, operates within the industrial distribution industry and specializes in selling industrial and construction supplies. Widely recognized for a vast array of products including fasteners, tools, and various supplies essential for manufacturing, construction, and maintenance, Fastenal has positioned itself as a key player in the sector. The company has also increasingly focused on innovative inventory management solutions and technology-driven services, such as vending machines and on-site inventory management, which have become cornerstones of its business model. By integrating these advanced service offerings, Fastenal aims to enhance customer efficiency and reduce costs, reinforcing its market presence in the industrial supply chain. Additionally, Fastenal is actively involved in sustainability projects and community engagement initiatives as part of its commitment to corporate responsibility.
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Basic Stats
The share price of Fastenal Company as of September 5, 2025 is $47.99 / share. This is a decrease of -3.36% from the prior week. The market cap (or net worth) of Fastenal Company as of September 5, 2025 is $55,074.17 MM.
The Factor Analysis chart (below right) shows a view of Fastenal Company from a variety of lenses. Each factor shows how well the company ranks against all other companies in the Fintel global investing universe. Factor scores range from zero to 100, with 100 being most desirable, and 50 being average.
For example, a company with a Value Score of 100 would be the most undervalued company in our database. A company with a Value Score of zero would be the most overvalued.
| Market Cap | 55,074.17 MM |
| EV | 55,066.37 MM |
| Shares Out. | 1,147.62 MM |
| Earnings Date | |
| EPS (TTM) | 1.04 |
| Dividend Yield | 1.83 % |
| Ex-Dividend Date | 2025-07-29 |
| Borrow Rate | 0.40 |
| Short Shares Avail. | 10.00 MM |
| Short Interest | 24.71 MM |
| Short Float | 2.16 % |
| Days to Cover | 5.24 days |
| Risk Free Rate | 4.17 % |
| Price Change (1 yr) | -26.37 % |
| Volatility (1 yr) | 1.14 |
| Beta | 0.70 |
| Sharpe Ratio (1 yr) | -0.27 |
| Sortino Ratio (1 yr) | -0.60 |
| PE Ratio | 46.32 |
| Price/Book | 14.47 |
| Price/TBV | 14.47 |
| Book/Market | 0.07 |
| EBIT/EV | 0.03 |
| EBIT(3yr avg)/EV | 0.03 |
| ROA | 0.26 |
| ROE | 0.35 |
| ROIC | 0.27 |
| CROIC | -0.00 |
| OCROIC | 0.26 |
| Implied Volatility | 27.16 % |
| Put/Call OI Ratio | 0.77 |
Factor Scores range from 0 to 100, with 100 being most desirable. Larger circles are better. In situations where we have no data (e.g. no insider trades), we plot the score at 50 to avoid penalizing companies. However, a company that does not pay dividends will get a Dividend Score of Zero. Additionally, we inverted volatility to create a "stability" metric which is better when higher.
Price Target
The average one-year price target for Fastenal Company is $45.25. The forecasts range from a low of $30.48 to a high of $57.75. A stock’s price target is the price at which analysts consider it fairly valued with respect to its projected earnings and historical earnings. Analysts typically set price targets that correspond to their buy or sell recommendations.
Update Frequency: Monthly
Stock Upgrades/Downgrades
This card shows analyst upgrades/downgrades for Fastenal Company. An analyst rating is a classification that gives investors a sense of analyst sentiment about the direction and performance of an equity - usually a stock - over a period of time, typically 12 months.
The standard analyst ratings are generally as follows:
- Buy/Overweight/Outperform - Any of these ratings conveys an analyst’s belief that the stock is likely to outperform a market index (e.g. the S&P 500).
- Hold/Equal-Weight/Market Perform - Any of these ratings conveys an analyst’s belief that the stock is likely to perform in line with a market index.
- Sell/Underweight/Underperform - Any of these ratings suggest that an analyst believes the stock is likely to underperform a market index.
When an analyst upgrades a stock, they are signaling that the company’s fundamentals are being undervalued by investors. It could also mean they believe the market is underestimating the company’s potential. The opposite is true when a stock receives a downgrade.
The average rating of each individual analyst’s rating is the consensus rating for a stock. This gives investors a broader sense of the overall sentiment for that stock.
| Date | Analyst | Prior | Latest Recommendation |
Action |
|---|---|---|---|---|
| 2023-01-23 | Loop Capital | Hold | Maintains | |
| 2022-07-15 | Argus Research | Buy | Maintains | |
| 2022-07-14 | UBS | Neutral | Maintains | |
| 2022-07-14 | Morgan Stanley | Underweight | Maintains | |
| 2022-07-14 | Baird | Outperform | Neutral | Downgrade |
| 2022-05-31 | Morgan Stanley | Underweight | Maintains | |
| 2022-04-14 | Wells Fargo | Equal-Weight | Maintains | |
| 2022-04-14 | Morgan Stanley | Underweight | Maintains | |
| 2022-04-07 | Morgan Stanley | Underweight | Maintains | |
| 2022-03-08 | Wells Fargo | Underweight | Equal-Weight | Upgrade |
| 2022-01-20 | Morgan Stanley | Underweight | Maintains | |
| 2022-01-14 | Morgan Stanley | Underweight | Maintains | |
| 2021-10-08 | Wells Fargo | Equal-Weight | Underweight | Downgrade |
| 2021-08-03 | Loop Capital | Hold | Initiate | |
| 2021-06-15 | Morgan Stanley | Equal-Weight | Underweight | Downgrade |
| 2021-04-14 | Morgan Stanley | Equal-Weight | Maintains | |
| 2021-01-21 | Morgan Stanley | Equal-Weight | Maintains | |
| 2020-10-14 | Morgan Stanley | Equal-Weight | Maintains | |
| 2020-09-16 | UBS | Neutral | Initiate | |
| 2020-09-08 | Raymond James | Market Perform | Underperform | Downgrade |
| 2020-09-03 | Wells Fargo | Overweight | Equal-Weight | Downgrade |
| 2020-07-27 | Deutsche Bank | Buy | Maintains | |
| 2020-07-15 | Morgan Stanley | Equal-Weight | Maintains | |
| 2020-07-02 | Deutsche Bank | Buy | Initiate | |
| 2020-06-23 | JP Morgan | Underweight | Neutral | Upgrade |
| 2020-05-07 | Morgan Stanley | Equal-Weight | Maintains | |
| 2020-05-07 | Baird | Outperform | Maintains | |
| 2020-04-15 | Stephens & Co. | Equal-Weight | Maintains | |
| 2020-04-15 | Morgan Stanley | Equal-Weight | Maintains | |
| 2020-04-15 | Baird | Outperform | Maintains | |
| 2020-04-13 | Stephens & Co. | Equal-Weight | Reiterate | |
| 2020-04-07 | JP Morgan | Neutral | Underweight | Downgrade |
| 2020-03-19 | Wells Fargo | Equal-Weight | Overweight | Upgrade |
| 2020-03-17 | Morgan Stanley | Equal-Weight | Maintains | |
| 2020-03-13 | Baird | Neutral | Outperform | Upgrade |
| 2020-01-21 | Buckingham | Neutral | Maintains | |
| 2019-12-11 | Morgan Stanley | Equal-Weight | Maintains | |
| 2019-10-15 | Buckingham | Neutral | Maintains | |
| 2019-10-14 | Raymond James | Strong Buy | Market Perform | Downgrade |
| 2019-10-14 | Morgan Stanley | Equal-Weight | Maintains | |
| 2019-10-14 | Baird | Neutral | Maintains | |
| 2019-09-17 | Buckingham | Neutral | Maintains | |
| 2019-07-12 | Wells Fargo | Market Perform | Maintains | |
| 2019-07-12 | Raymond James | Strong Buy | Maintains | |
| 2022-10-14 | Morgan Stanley | Underweight | Maintains | |
| 2019-07-12 | Morgan Stanley | Equal-Weight | Maintains | |
| 2019-07-12 | Buckingham Research | Neutral | Maintains | |
| 2019-06-14 | Buckingham Research | Neutral | Maintains | |
| 2019-04-16 | Morgan Stanley | Equal-Weight | Equal-Weight | Maintains |
| 2019-04-12 | Raymond James | Strong Buy | Strong Buy | Maintains |
| 2019-04-12 | Buckingham | Neutral | Neutral | Maintains |
| 2019-04-08 | Buckingham | Neutral | Neutral | Maintains |
| 2019-02-12 | KeyBanc | Overweight | Sector Weight | Downgrade |
| 2018-12-04 | Longbow Research | Buy | Neutral | Downgrade |
| 2018-10-22 | Buckingham | Neutral | Initiate | |
| 2018-10-11 | Wells Fargo | Market Perform | Market Perform | Maintains |
| 2018-07-13 | Stifel Nicolaus | Hold | Hold | Maintains |
| 2018-07-12 | Wells Fargo | Market Perform | Market Perform | Maintains |
| 2018-07-03 | Baird | Outperform | Neutral | Downgrade |
| 2018-04-03 | Stifel Nicolaus | Hold | Hold | Maintains |
| 2018-03-19 | Goldman Sachs | Sell | Initiate | |
| 2017-10-02 | Morgan Stanley | Equal-Weight | Maintains | |
| 2017-07-25 | Northcoast Research | Buy | Initiate | |
| 2017-07-13 | Raymond James | Outperform | Strong Buy | Upgrade |
| 2017-07-12 | Baird | Neutral | Outperform | Upgrade |
| 2017-07-10 | Morgan Stanley | Equal-Weight | Maintains | |
| 2017-06-02 | Longbow Research | Buy | Upgrade | |
| 2017-06-02 | JP Morgan | Neutral | Initiate | |
| 2017-04-19 | Credit Suisse | Neutral | Outperform | Upgrade |
| 2017-04-18 | Argus | Hold | Buy | Upgrade |
| 2017-01-12 | Avondale Partners | Market Perform | Market Outperform | Upgrade |
| 2017-01-05 | KeyBanc | Sector Weight | Overweight | Upgrade |
| 2016-12-05 | William Blair | Market Perform | Outperform | Upgrade |
| 2016-08-25 | Macquarie | Neutral | Initiate | |
| 2016-07-07 | Morgan Stanley | Equal-Weight | Initiate | |
| 2016-04-14 | Credit Suisse | Neutral | Maintains | |
| 2016-04-08 | Barclays | Underweight | Maintains | |
| 2016-04-07 | Avondale Partners | Market Perform | Maintains | |
| 2016-04-05 | BMO Capital | Market Perform | Initiate | |
| 2016-04-01 | Stifel Nicolaus | Buy | Hold | Downgrade |
| 2016-03-22 | Sterne Agee CRT | Neutral | Initiate | |
| 2016-03-21 | Avondale Partners | Market Perform | Maintains | |
| 2016-03-17 | Stifel Nicolaus | Buy | Maintains | |
| 2016-03-08 | Argus | Buy | Initiate | |
| 2016-01-19 | Barclays | Underweight | Maintains | |
| 2016-01-05 | Avondale Partners | Market Perform | Initiate | |
| 2015-10-14 | Stifel Nicolaus | Buy | Maintains | |
| 2015-10-14 | Credit Suisse | Neutral | Maintains | |
| 2015-10-05 | Barclays | Underweight | Maintains | |
| 2015-08-27 | Susquehanna | Neutral | Maintains | |
| 2015-08-24 | Baird | Outperform | Neutral | Downgrade |
| 2015-07-21 | KeyBanc | Sector Weight | Initiate | |
| 2015-07-15 | Susquehanna | Neutral | Maintains | |
| 2015-07-15 | Stifel Nicolaus | Buy | Maintains | |
| 2015-07-13 | Barclays | Underweight | Maintains | |
| 2015-04-07 | Northcoast Research | Buy | Neutral | Downgrade |
| 2015-04-07 | Cleveland Research | Buy | Neutral | Downgrade |
| 2015-03-17 | Barclays | Underweight | Maintains | |
| 2015-03-04 | Raymond James | Outperform | Market Perform | Downgrade |
| 2015-01-20 | Stifel Nicolaus | Buy | Maintains | |
| 2015-01-16 | Barclays | Underweight | Maintains | |
| 2014-12-12 | Stifel Nicolaus | Buy | Initiate | |
| 2014-10-14 | Susquehanna | Positive | Neutral | Downgrade |
| 2014-10-13 | Credit Suisse | Neutral | Maintains | |
| 2014-07-28 | Edward Jones | Hold | Buy | Upgrade |
| 2014-04-04 | Susquehanna | Positive | Initiate | |
| 2012-12-06 | William Blair | Market Perform | Outperform | Upgrade |
| 2012-11-20 | Edward Jones | Hold | Buy | Upgrade |
| 2012-10-12 | Wunderlich | Buy | Maintains | |
| 2012-10-12 | UBS | Neutral | Maintains | |
| 2012-10-12 | Barclays | Underweight | Maintains | |
| 2012-07-02 | UBS | Neutral | Maintains | |
| 2012-06-11 | Wunderlich | Buy | Maintains | |
| 2012-05-30 | UBS | Neutral | Maintains | |
| 2012-05-25 | Wunderlich | Buy | Initiate | |
| 2012-03-06 | UBS | Neutral | Maintains | |
| 2023-04-05 | Morgan Stanley | Underweight | Maintains | |
| 2023-01-06 | Morgan Stanley | Underweight | Maintains | |
| 2023-04-04 | Stifel | Buy | Initiate | |
| 2023-04-14 | Baird | Neutral | Maintains | |
| 2023-07-12 | Morgan Stanley | Underweight | Underweight | Maintains |
| 2023-09-15 | HSBC | Hold | Initiate | |
| 2023-10-13 | Stifel | Buy | Buy | Maintains |
| 2024-03-18 | Stifel | Buy | Buy | Maintains |
| 2024-04-15 | Loop Capital | Hold | Hold | Maintains |
| 2024-04-15 | HSBC | Hold | Hold | Maintains |
| 2024-05-07 | Baird | Neutral | Neutral | Maintains |
| 2024-01-19 | Stifel | Buy | Buy | Maintains |
| 2024-01-19 | Baird | Neutral | Neutral | Maintains |
| 2024-03-07 | Baird | Neutral | Neutral | Maintains |
| 2024-04-12 | Baird | Neutral | Neutral | Maintains |
| 2024-07-15 | Stephens & Co. | Equal-Weight | Equal-Weight | Reiterate |
| 2024-07-15 | Stifel | Buy | Buy | Reiterate |
| 2024-07-11 | Jefferies | Hold | Hold | Maintains |
| 2024-09-06 | Morgan Stanley | Equal-Weight | Initiate | |
| 2024-10-07 | B of A Securities | Buy | Initiate | |
| 2025-04-15 | Stephens & Co. | Equal-Weight | Equal-Weight | Maintains |
| 2025-01-21 | Stifel | Hold | Hold | Maintains |
| 2025-03-10 | William Blair | Market Perform | Outperform | Upgrade |
| 2024-10-14 | Morgan Stanley | Equal-Weight | Equal-Weight | Maintains |
| 2024-10-14 | JP Morgan | Neutral | Neutral | Maintains |
| 2024-10-14 | Stifel | Buy | Buy | Reiterate |
| 2024-10-14 | Stephens & Co. | Equal-Weight | Equal-Weight | Maintains |
| 2024-10-14 | Baird | Neutral | Neutral | Maintains |
| 2024-12-06 | Jefferies | Hold | Hold | Maintains |
| 2024-12-11 | Stifel | Buy | Hold | Downgrade |
| 2025-04-14 | Baird | Neutral | Neutral | Maintains |
| 2025-05-22 | Morgan Stanley | Equal-Weight | Equal-Weight | Maintains |
| 2025-05-23 | Morgan Stanley | Equal-Weight | Equal-Weight | Maintains |
| 2025-09-04 | JP Morgan | Neutral | Neutral | Maintains |
| 2025-08-07 | Baird | Neutral | Outperform | Upgrade |
| 2025-07-15 | Stephens & Co. | Equal-Weight | Equal-Weight | Maintains |
| 2025-05-27 | JP Morgan | Neutral | Neutral | Maintains |
| 2025-07-08 | Loop Capital | Hold | Hold | Maintains |
| 2025-07-15 | Baird | Neutral | Neutral | Maintains |
| 2025-07-15 | JP Morgan | Neutral | Neutral | Maintains |
