Fastenal Target price 2024 - Analyst rating & recommendation
Fastenal Classifications & Recommendation:
Fastenal Price Target
| Target Price | $66.55 |
| Price | $63.16 |
| Potential | 5.36% |
| Number of Estimates | 10 |
| 10 Analysts have issued a price target Fastenal 2025 . The average Fastenal target price is $66.55. This is 5.36% higher than the current stock price. The highest price target is $85.00 34.58% , the lowest is $56.00 11.34% . | |
| A rating was issued by 16 analysts: 2 Analysts recommend Fastenal to buy, 10 to hold and 4 to sell. | |
| Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis. | |
| Analyst Estimates: Analysts believe that the Fastenal stock has an average upside potential 2025 of 5.36% . Most analysts recommend the Fastenal stock at Hold. |
Sales and Margin forecast 2024, 2025 to 2027
13 Analysts have issued a sales forecast Fastenal 2024 . The average Fastenal sales estimate is $7.6b . This is 3.42% higher than the revenue of the last 12 months(TTM). The highest sales forecast is $7.8b 5.26% , the lowest is $7.5b 1.67% .
This results in the following potential growth metrics:
Revenue Estimates
| 2023 | $7.3b | 5.24% |
|---|---|---|
| 2024 | $7.6b | 3.93% |
| 2025 | $8.2b | 7.62% |
| 2026 | $8.9b | 8.88% |
| 2027 | $9.9b | 11.20% |
12 Analysts have issued an Fastenal EBITDA forecast 2024. The average Fastenal EBITDA estimate is $1.7b . This is 2.01% higher than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is $1.8b 5.38% , the lowest is $1.7b 2.32% .
This results in the following potential growth metrics and future EBITDA Margins:
EBITDA Estimates
| 2023 | $1.7b | 4.65% |
|---|---|---|
| 2024 | $1.7b | 1.73% |
| 2025 | $1.9b | 8.44% |
| 2026 | $2.1b | 10.28% |
| 2027 | $2.3b | 12.55% |
EBITDA Margin
| 2023 | 23.22% | 0.57% |
|---|---|---|
| 2024 | 22.73% | 2.12% |
| 2025 | 22.91% | 0.79% |
| 2026 | 23.20% | 1.27% |
| 2027 | 23.48% | 1.21% |
14 Fastenal Analysts have issued a net profit forecast 2024. The average Fastenal net profit estimate is $1.2b . This is 2.03% higher than the net profit for the last 12 months(TTM). The highest net profit forecast is $1.2b 6.44% , the lowest is $1.1b 2.48% .
This results in the following potential growth metrics and future Net Margins:
Net Profit Estimates
| 2023 | $1.2b | 6.88% |
|---|---|---|
| 2024 | $1.2b | 2.03% |
| 2025 | $1.3b | 8.25% |
| 2026 | $1.4b | 10.02% |
Net Margin
| 2023 | 15.74% | 1.55% |
|---|---|---|
| 2024 | 15.45% | 1.85% |
| 2025 | 15.54% | 0.58% |
| 2026 | 15.71% | 1.09% |
Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2027
14 Analysts have issued a Fastenal forecast for earnings per share. The average Fastenal <a href=/blog/eps>EPS is $2.06 . This is 1.98% higher than earnings per share in the financial year 2023. The highest <a href=/blog/eps>EPS forecast is $2.15 6.44% , the lowest is $1.97 2.48% .
This results in the following potential growth metrics and future valuations:
Earnings Per Share
| 2023 | $2.02 | 6.88% |
|---|---|---|
| 2024 | $2.06 | 1.98% |
| 2025 | $2.23 | 8.25% |
| 2026 | $2.45 | 9.87% |
P/E ratio
| Current | 31.28 | 4.69% |
|---|---|---|
| 2024 | 30.65 | 2.01% |
| 2025 | 28.31 | 7.63% |
| 2026 | 25.73 | 9.11% |
Based on analysts' sales estimates for 2024, the Fastenal stock is valued at an <a href=/blog/ev-sales-einfach-erklaert>EV/Sales of 4.77 and an <a href=/blog/kurs-umsatz-verhaeltnis-kuv-einfach-erklaert>P/S ratio of 4.74 .
This results in the following potential growth metrics and future valuations:
EV/Sales
| Current | 4.93 | 3.14% |
|---|---|---|
| 2024 | 4.77 | 3.28% |
| 2025 | 4.43 | 7.08% |
| 2026 | 4.07 | 8.15% |
| 2027 | 3.66 | 10.07% |
P/S ratio
| Current | 4.90 | 3.76% |
|---|---|---|
| 2024 | 4.74 | 3.31% |
| 2025 | 4.40 | 7.08% |
| 2026 | 4.04 | 8.15% |
| 2027 | 3.64 | 10.07% |
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