Fastenal Company ($FAST) Stock Forecast: Down 50.2% Today

What is Fastenal Company?

Fastenal (NASDAQ: FAST) has demonstrated strong performance over the last two decades, exceeding the market average with an annual return of 13.08%.

Why is Fastenal Company going down?

FAST stock is down 50.2% on May 22, 2025 13:36

• Today's decline in Fastenal's stock could be a result of profit-taking by investors following an extended period of outperformance.
• Shifts in market sentiment may be influenced by broader market conditions or industry-specific obstacles.
• Investor response to short-term fluctuations or technical influences could be overshadowing the company's long-term growth prospects.

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$1000 Invested In This Stock 20 Years Ago Would Be Worth This Much Today - Fastenal ( NASDAQ:FAST )

Fastenal FAST has outperformed the market over the past 20 years by 4.77% on an annualized basis producing an average annual return of 13.08%. Currently, Fastenal has a market capitalization of $47.35 billion.

https://www.benzinga.com/insights/news/25/05/45495875/1000-invested-in-this-stock-20-years-ago-would-be-worth-this-much-today

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Fastenal Company Price History

10.03.2025 - FAST Stock was up 5.1%

• Fastenal demonstrated a strong bullish movement, likely influenced by positive sentiment and excitement surrounding its upcoming first-quarter earnings.
• Analysts predict earnings of 52 cents per share for the company, potentially driving the optimistic momentum.
• Despite concerns about sluggish industrial markets, Fastenal's effective digital strategy and balanced onsite/offsite mix might have reassured investors about its growth prospects.
• The emphasis on manufacturing expansion and key metrics projections by financial analysts could have also boosted investor confidence, contributing to the positive market activity.

17.00.2025 - FAST Stock was up 2.5%

• Despite falling short of earnings and revenue estimates in Q4, Fastenal's stock had a significant bullish movement.
• The company experienced a 3.7% year-over-year sales growth but did not meet consensus estimates.
• Investors seem positive about Fastenal's future, particularly due to its emphasis on digital strategy and onsite/offsite mix.
• The market's response may be linked to the company's resilient growth outlook and the potential for improvement in manufacturing challenges.

11.03.2025 - FAST Stock was up 7.6%

• Fastenal's performance in Q1 exceeded expectations, leading to a positive market response.
• The company's substantial year-over-year daily sales growth reinforced investor confidence.
• Despite facing margin pressure from escalating costs, Fastenal's ability to surpass revenue projections and announce an increased dividend for Q2 highlighted its resilience amid market challenges.
• Overall, Fastenal's robust financial performance and favorable investor sentiment contributed to the uptick in its stock price.

11.09.2024 - FAST Stock was up 5.2%

• Fastenal's stock experienced a robust surge following the initiation of coverage by an analyst with a Buy rating and a price target of $85.
• Analysts anticipate the company to announce quarterly earnings of 52 cents per share, likely contributing to the optimistic market sentiment and upward trend in the stock price.
• The upcoming third-quarter earnings release before the opening bell today sparked investor interest and propelled the bullish momentum in Fastenal's stock.
• In summary, favorable analyst coverage and market expectations surrounding the earnings report appear to have bolstered the positive movement in Fastenal's stock today.

11.09.2024 - FAST Stock was up 8.6%

• The bullish movement in Fastenal's stock today is due to the following reasons:
• Better-than-expected third-quarter financial results released by Fastenal resulted in a surge in its stock price.
• Positive forecast changes for Fastenal's earnings by analysts likely contributed to investor optimism.
• BofA Securities analyst Sabrina Abrams provided a Buy rating and a price target of $85, boosting investor confidence in Fastenal's stock.
• The positive market sentiment towards Fastenal stood out amidst slightly lower U.S. stock futures, highlighting the company's strong performance compared to other market movements.

09.03.2025 - FAST Stock was up 5.3%

• FAST experienced a significant bullish movement today, possibly reflecting positive market expectations for its Q1 earnings.
• Investors appear confident in FAST's ability to navigate challenging industrial markets by leveraging a robust digital strategy.
• Speculation on how FAST will address tariff impacts in its earnings report could be driving the current bullish trend.
• Despite concerns around a potential earnings shortfall, investors seem more focused on the company's strategic plans and market position.

11.03.2024 - FAST Stock was down 5.8%

• Disappointing first-quarter financial results were reported by Fastenal, with earnings per share missing estimates.
• The stock's price decline can be attributed to the earnings miss, indicating investor concerns about the company's performance.
• Despite revenue growth, the failure to meet EPS expectations likely led to a negative sentiment among investors, resulting in the bearish movement.
• The market reaction reflects the importance of meeting both revenue and earnings expectations to maintain investor confidence and drive stock performance.

12.06.2024 - FAST Stock was up 2.0%

• Sales for the second quarter of 2024 rose despite a decline in profit.
• The appointment of Jeff Watts as the new President and Chief Sales Officer has boosted investor confidence.
• The company's revenue growth remained strong despite market challenges highlighted by the CEO.
• The ongoing leadership of CEO Dan Florness has fostered stability and trust in the company, driving the stock's upward momentum.

12.06.2024 - FAST Stock was up 1.9%

• FAST stock saw a bullish movement amid the earnings season.
• Implied earnings moves and options volatility for FAST were likely positive.
• The start of the Q2 earnings season could have positively affected investor sentiment towards FAST.
• Consumer-focused companies, like Fastenal, are under close observation during this earnings period.

22.04.2025 - FAST Stock was down 50.2%

• Today's decline in Fastenal's stock could be a result of profit-taking by investors following an extended period of outperformance.
• Shifts in market sentiment may be influenced by broader market conditions or industry-specific obstacles.
• Investor response to short-term fluctuations or technical influences could be overshadowing the company's long-term growth prospects.

07.03.2025 - FAST Stock was up 0.6%

• Despite expectations of a potential earnings beat, Fastenal's stock price experienced a significant bullish movement.
• The recent spike in the company's stock price over the past month and year could have contributed to the bullish sentiment.
• Investors may be optimistic about Fastenal's future performance and growth prospects, leading to the bullish market movement today.

11.03.2025 - FAST Stock was up 5.1%

• Fastenal's shares surged after exceeding first-quarter sales projections, showcasing robust performance in its primary operations.
• Although Q1 results outperformed revenue expectations, the company faced margin squeeze from escalating expenses, potentially raising investor apprehensions.
• Meeting Q1 earnings forecasts with a slight revenue beat indicates consistent financial stability within the company.
• The adjustment of Fastenal's price targets by prominent Wall Street analysts before Q1 earnings likely contributed to the stock's positive momentum, fostering investor confidence in the company's future prospects.