Wolfe Research lifts Fastenal Co [FAST] price estimate. Who else is bullish?

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Fastenal Co [NASDAQ: FAST] closed the trading session at $82.10.

The stocks have a year to date performance of 14.17 percent and weekly performance of 2.05 percent. The stock has been moved at 5.57 percent over the last six months. The stock has performed 6.50 percent around the most recent 30 days and changed 8.80 percent over the most recent 3-months.

If compared to the average trading volume of 3.65M shares, FAST reached to a volume of 3310737 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Fastenal Co [FAST]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for FAST shares is $78.33 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on FAST stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Wolfe Research have made an estimate for Fastenal Co shares, keeping their opinion on the stock as Peer Perform, with their previous recommendation back on April 03, 2025. The new note on the price target was released on March 10, 2025, representing the official price target for Fastenal Co stock. Previously, the target price had yet another raise to $86, while Stifel analysts kept a Hold rating on FAST stock.

The Average True Range (ATR) for Fastenal Co is set at 2.41, with the Price to Sales ratio for FAST stock in the period of the last 12 months amounting to 6.19. The Price to Book ratio for the last quarter was 12.76, with the Price to Cash per share for the same quarter was set at 0.40. Price to Free Cash Flow for FAST in the course of the last twelve months was 54.22 with Quick ratio for the last quarter at 2.14.

FAST stock trade performance evaluation

Fastenal Co [FAST] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.05. With this latest performance, FAST shares gained by 6.50% in over the last four-week period, additionally plugging by 5.57% over the last 6 months – not to mention a rise of 21.72% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for FAST stock in for the last two-week period is set at 60.29, with the RSI for the last a single of trading hit 62.18, and the three-weeks RSI is set at 58.83 for Fastenal Co [FAST]. The present Moving Average for the last 50 days of trading for this stock 76.69, while it was recorded at 81.12 for the last single week of trading, and 74.21 for the last 200 days.

Fastenal Co [FAST]: An insightful look at the core fundamentals

Fastenal Co’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.14 and a Current Ratio set at 4.28.

Earnings per share (EPS) analysis for Fastenal Co [FAST] stock

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for FAST. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Fastenal Co go to 8.52%.

Fastenal Co [FAST]: Institutional Ownership

There are presently around $86.37%, or 86.52%% of FAST stock, in the hands of institutional investors. The top three institutional holders of FAST stocks are: VANGUARD GROUP INC with ownership of 71.29 million shares, which is approximately 12.45%. BLACKROCK INC., holding 46.44 million shares of the stock with an approximate value of $$2.92 billion in FAST stocks shares; and BLACKROCK INC., currently with $$1.67 billion in FAST stock with ownership which is approximately 4.6531%.