Stock Price & Analysis

Based on the current market data and recent performance, FAST stock is showing mixed signals but appears to be in a consolidation phase around $74. The stock's technical indicators suggest a neutral-to-slightly-bearish stance with RSI at 45.97 and negative MACD (-0.41), while trading near its 20-day moving average of $74.42 .

Recent analyst actions indicate a cautious outlook, with Stifel downgrading the stock to Hold with an $82 price target, suggesting limited upside potential from current levels. The company's Q4 2024 performance showed modest growth of 3.7%, though December saw significant volatility due to extended holiday shutdowns affecting about 35% of customer facilities.

The stock is currently trading at $74.21 during regular market hours, showing a modest gain of +0.50% today. The Fibonacci levels suggest immediate resistance at $75.82 and support at $72.58, providing a relatively tight trading range.

Based on the technical setup and recent fundamental developments, holding current positions rather than initiating new ones would be the most prudent action at this price level.

Based on the provided data and market analysis, here is the price prediction for FAST stock in 2025:

FAST stock is expected to reach $78-80 by end of 2025, driven by improving customer sentiment and strategic investments in digital capabilities. The company's focus on high-value customers generating over $50,000 monthly revenue and enhanced eCommerce capabilities should support margin expansion.

Technical indicators show the stock is currently trading near support levels around $72.50, with resistance at $75.80, suggesting potential upside momentum if market conditions improve.

The S1 support level for FAST Stock is $72.51 ,The R1 resistant level for FAST Stock is $75.57.

As of the end of day on 2025-02-11, the price of FAST Stock was $74.12.

The target price for FAST Stock according to analyst rating is 87.00, with the highest price target at 135.00 and the lowest at 70.00. Analysts have a Hold rating on FAST Stock overall.

The market cap of FAST is $42.6B.

Based on the provided data and context, I'll analyze whether FAST is overvalued through multiple key aspects:

Valuation Metrics FAST currently trades at a P/E of 35.9x (Q4 2024), which is significantly higher than historical averages. The EV/EBITDA ratio of 24.4x also suggests premium valuation compared to industrial sector peers.

Growth and Profitability The company's revenue growth has slowed to 3.7% in Q4 2024, with daily sales growth of only 2.1%. Net margin declined to 14.37% in Q4 2024 from 15.71% earlier in the year, showing some margin pressure.

Market Position Analysis While FAST maintains strong market position with 77% of sales coming from just 5% of customer sites doing over $10,000 monthly business, recent growth metrics show concerning trends with December 2024 seeing significant customer shutdowns (35% vs 30% in 2023).

Technical Analysis The stock currently trades around $74.21, showing relatively flat performance. Recent price action suggests consolidation rather than momentum.

Conclusion FAST appears overvalued considering: 1) Slowing growth rates in core business metrics. 2) Premium valuation multiples despite margin pressure. 3) Increased customer facility shutdowns indicating potential demand weakness. 4) Limited upside potential given current valuation levels. 5) Technical indicators suggesting lack of strong bullish momentum.

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, such as pins, machinery keys, concrete anchors, metal framing systems, wire rope, struts, rivets, and related accessories. Its business tools include Fastenal Managed Inventory (FMI), Bin stock (FASTStock and FASTBin) and Industrial vending (FASTVend). It also invests in digital solutions that aim to deliver value for its customers, leverage local inventory for same-day solutions, and provide service. Its customers are in the manufacturing and non-residential construction markets. It serves general and commercial contractors in non-residential end markets as well as farmers, truckers, railroads, oil exploration companies, oil production and refinement companies, mining companies, federal, state, and local governmental entities, and others.

Based on the provided data and market analysis, here's the price prediction for FAST stock by 2030:

FAST stock is projected to reach $135-145 by 2030, representing an approximate 82-95% increase from current price of $74.15, driven by the company's strategic focus on high-value customers generating over $50,000 monthly and enhanced digital capabilities. The company's strong market position with 77% of sales coming from just 5% of customer sites indicates significant operating leverage potential. Recent analyst ratings maintain positive outlook with price targets ranging from $74-88 for near term, suggesting steady growth trajectory.

FAST has a total of 20721 employees.