Fastenal is a genuinely high-quality compounding franchise — wide economic moat, 34% return on equity, best-in-class margins of approximately 15%, and a perfect financial health score — but at 33.6 times forward earnings with a PEG of 3.32, the stock is priced for excellence at a level where the analyst consensus target has already been reached; uninspiring recent earnings delivery and elevated options defensiveness compound the case for patience over new exposure.
Thesis pillars
- Premium Quality Franchise→Stable
- Rich Valuation Limits Upside→Stable
- Soft Earnings Delivery↓Deteriorating
- +1 more pillar — see the Why tab for full reasoning
Pillars as of Jul 3, 2026, based on the 10-K filed Feb 5, 2026
Fastenal Company (FAST) Stock Analysis
Breakout setup
Industrials · Industrial Distribution
Hold if already holding. Not a fresh buy at $51.45, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Near 52-week high (2.8% away).
Fastenal sells fasteners and industrial/construction supplies through 1,595 branch locations in 25 countries, supported by 15 North American distribution centers, with 24,489 employees at year-end 2025. Revenue is business-to-business, with manufacturing customers generating... Read more
Hold if already holding. Not a fresh buy at $51.45, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Near 52-week high (2.8% away). Chart setup: Golden cross, above all MAs, RSI 58, MACD bullish. Multiple concerning factors. Consider reducing position. | News modifier +1 (SELL_IF_HOLDING → HOLD_IF_HOLDING) Score 5.7/10, moderate confidence.
Passes 6/9 gates (positive momentum, clean insider activity, news events none recent, earnings proximity 81d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: conservative.
Recent developments
updated 2026-10-29Recent Developments — Fastenal Company
Latest news
- NEWS Legal & General Group Plc Makes New $410.92 Million Investment in Fastenal Company $FAST - MarketBeat — MarketBeat positive
- NEWS Hsbc Holdings PLC Makes New Investment in Fastenal Company $FAST - MarketBeat — MarketBeat positive
- NEWS Castleark Management LLC Invests $8.23 Million in Fastenal Company $FAST - MarketBeat — MarketBeat positive
- NEWS Q2 Rundown: Krispy Kreme (NASDAQ:DNUT) Vs Other Traditional Fast Food Stocks - StockStory — StockStory neutral
- NEWS Meeder Advisory Services Inc. Invests $1.90 Million in Fastenal Company $FAST - MarketBeat — MarketBeat positive
Generated 2026-10-29T11:20:25Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- LOWProductfastener product line31%10-K Item 1: 'Our fastener product line, which is primarily sold under the Fastenal product name, represented 30.5% of our consolidated sales in 2025.'
Material Events(8-K, last 90d)
- 2026-04-29Item 5.02LOWAt 2026 Annual Meeting on April 23, 2026, shareholders approved the Fastenal Company Employee Restricted Stock Unit Plan and the Non-Employee Director Stock and Restricted Stock Unit Plan. Routine compensatory plan approval; no officer departure.SEC filing →
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Editorial policy
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Rating Breakdown
2 floor-breakers
Priced at a premium — multiples above sector norms. Needs delivery on growth + margins to justify.static
No near-term catalyst priced in. Thesis progression will come from fundamentals grinding, not event reaction.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Hold if already holding. Not a fresh buy at $51.45, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Near 52-week high (2.8% away). Chart setup: Golden cross, above all MAs, RSI 58, MACD bullish. Multiple concerning factors. Consider reducing position. | News modifier +1 (SELL_IF_HOLDING → HOLD_IF_HOLDING) Analyst target $44.43 reached (−13.6%), stop $48.43 (−6.2%), A.R:R -1.6:1. Score 5.7/10, moderate confidence.
Analyst target $44.43 reached (−13.6% from $51.45); no take-profit level is published. Analyst target $44.43 reached (−13.6%), stop $48.43 (−6.2%), A.R:R -1.6:1. Stop-loss: $48.43.
Analyst target reached - limited upside remaining; Near 52-week high (2.8% away); Sector modifier (Industrials): -0.7.
Fastenal Company trades at a P/E of 41.8 (forward 36.5). TrendMatrix value score: 3.1/10. Verdict: Hold.
27 analysts cover FAST with a consensus score of 3.4/5. Average price target: $51.
What does Fastenal Company do?Fastenal sells fasteners and industrial/construction supplies through 1,595 branch locations in 25 countries, supported...
Fastenal sells fasteners and industrial/construction supplies through 1,595 branch locations in 25 countries, supported by 15 North American distribution centers, with 24,489 employees at year-end 2025. Revenue is business-to-business, with manufacturing customers generating $6.2 billion of 2025 sales and non-manufacturing customers generating $2.0 billion. The Fastenal Managed Inventory platform (FASTVend, FASTBin, FASTStock) accounted for 44.7% of sales in 2025.