Fastenal’s October 24 earnings headline has put its valuation back in focus. But the supplied figures don’t include the earnings results or explain what prompted the headline. They show a P/E of 42.2, a last close of US$52.36, a profit margin of 15.6%, and return on equity of 35.3%.
Investor takeaway: The headline raises questions about Fastenal’s valuation, but the available information doesn’t show what changed in the latest quarter.
Fastenal’s P/E is 42.2
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Fastenal Company
FAST.US
FAST.US
Fastenal Company
WealthAwesomeMarket cap
$59.56B
P/E
42.2x
Div. yield
1.82%
Div. / share
$0.96
52W high
$52.92
52W low
$38.34
1W change
+1.74%
Beta
0.69
Analyst Price Targets
Based on 18 analysts covering FAST · as of Oct 19, 2026
Wall Street analysts forecast FAST stock price to fall 1.6% over the next 12 months.
Consensus
Hold3.28 / 5.00
Avg. Target
C$51.07
-1.6% Upside
Previously C$50.22 on Oct 16, 2026
Current Price
C$51.91
Last close
Analyst Breakdown (18 analysts)
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on FAST's historical volatility
30-Day Vol
18.4%
Annualized
90-Day Vol
21.9%
Annualized
Trend (90d)
+44.8%
Annualized drift
90d Mean
C$60.91
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$54.75 | C$51.39 – C$58.33 |
| 60 trading days | C$57.75 | C$52.80 – C$63.16 |
| 90 trading days | C$60.91 | C$54.59 – C$67.97 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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The P/E is the clearest valuation figure provided. Without the earnings release, it’s not possible to tell how the latest results affected the multiple.
Bull case
Fastenal’s reported profit margin is 15.6%, and its return on equity is 35.3%.
Bear case
Fastenal’s P/E is 42.2. The average analyst target provided, US$51.07, is 2.5% below the last close.
The earnings headline raises a valuation question
The October 24 headline, “Fastenal (FAST) Earnings Put Its Valuation Back In Focus,” is the event behind this story. The supplied information doesn’t include the earnings release, revenue or profit figures, or comparisons with earlier results. So it doesn’t show what changed in the quarter or why the headline returned attention to valuation. See Fastenal’s stock page.
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The supplied figures show price, volume and valuation
Fastenal’s last close was US$52.36. Its P/E was 42.2, and its market capitalization was about US$59.6 billion. The company reported a 15.6% profit margin, 35.3% return on equity, and trailing-twelve-month EPS of US$1.23.
The latest trading volume was 580,376 shares, compared with a 20-day average of 8,620,147, or 0.66 times that average. The stock was up 30.47% year to date and stood at 96% of its supplied 52-week range of US$38.34 to US$52.92. These figures offer context, but without the earnings details, they don’t show how the latest results affected the valuation.
The earnings details are still missing
To assess the headline, investors would need Fastenal’s reported earnings and comparisons with earlier periods. Neither is included in the supplied facts. The figures list an average analyst target of US$51.07, 2.5% below the last close, and a Hold outlook, but they don’t explain the earnings event or the valuation discussion. See Fastenal’s stock page.
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