Fastenal Net Worth

Fastenal Net Worth Analysis

Fastenal Target Price Consensus

Fastenal Target Price Projection

Fastenal's current and average target prices are 63.89 and 59.33, 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.Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Fastenal Company and the information provided on this page.

Know Fastenal's Top Institutional Investors

Note, although Fastenal's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Follow Fastenal's market capitalization trends

The company currently falls under 'Large-Cap' category with a current market capitalization of 36.58 B.

Project Fastenal's profitablity

The company has Profit Margin (PM) of 0.16 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.21 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.21.

Earnings View

Profitability View

Liquidity View

Fundamentals View

Competition View

Evaluate Fastenal's management efficiency

Fastenal has return on total asset (ROA) of 0.2093 % which means that it generated a profit of $0.2093 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.3456 %, meaning that it created $0.3456 on every $100 dollars invested by stockholders. Fastenal's management efficiency ratios could be used to measure how well Fastenal manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to 0.16 in 2024. Return On Capital Employed is likely to drop to 0.40 in 2024. At this time, Fastenal's Total Current Liabilities is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 4.7 B in 2024, despite the fact that Change To Liabilities is likely to grow to (38.1 M).

Fastenal Corporate Filings

Fastenal time-series forecasting models is one of many Fastenal's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Fastenal's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Fastenal Earnings Estimation Breakdown

The calculation of Fastenal's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Fastenal is estimated to be 0.52 with the future projection ranging from a low of 0.51 to a high of 0.55. Please be aware that this consensus of annual earnings estimates for Fastenal Company is based on EPS before non-recurring items and includes expenses related to employee stock options.

Fastenal Earnings Projection Consensus

Fastenal Earnings History

Earnings estimate consensus by Fastenal analysts from Wall Street is used by the market to judge Fastenal's stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Fastenal's upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods. At this time, Fastenal's Retained Earnings are comparatively stable compared to the past year. Price Earnings Ratio is likely to gain to 36.38 in 2024, whereas Retained Earnings Total Equity is likely to drop slightly above 2.1 B in 2024. Common Stock Shares Outstanding is likely to gain to about 648 M in 2024. Net Income Applicable To Common Shares is likely to gain to about 1.3 B in 2024.

Hype Prediction Low Estimated High 62.64 63.89 65.14 Details

Intrinsic Valuation Low Real High 51.14 52.39 70.28 Details

Naive Forecast Low Next High 62.93 64.18 65.42 Details

16 Analysts Consensus Low Target High 53.99 59.33 65.86 Details

Note that many institutional investors and large investment bankers can move markets due to the volume of Fastenal assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards Fastenal. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving Fastenal's stock price in the short term.

Fastenal Earnings per Share Projection vs Actual

Actual Earning per Share of Fastenal refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Fastenal Company predict the company's earnings will be in the future. The higher the earnings per share of Fastenal, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Fastenal Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Fastenal, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Fastenal should always be considered in relation to other companies to make a more educated investment decision.

Fastenal Quarterly Analyst Estimates and Surprise Metrics

Additional Tools for Fastenal Stock Analysis