Fastenal stock price forecast makes note of the firm's robust balance sheet, with debt-to-equity ratio standing at 0.11, which appeals to risk-conscious investors. Fastenal recently approved a two-for-one stock split, increasing authorized shares, coinciding with a 6% share price rise last quarter. This action might have influenced investor sentiment, aligning with broader market gains fueled by upbeat earnings reports and tariff optimism. Fastenal's earnings disclosure of stable EPS and minor sales upswing indicates steady performance amidst macroeconomic uncertainty. Executive transitions, like Sheryl A. Lisowski's temporary CFO role, alongside consistent dividend payouts and a non-active buyback tranche, added stability to its appeal against a backdrop of tech-driven market rallies. These elements possibly supported Fastenal's alignment with market trends. A number of other equities analysts also recently commented on FAST. Stephens restated an "equal weight" rating on shares of Fastenal in a report on Thursday, July 3rd. Stifel Nicolaus set a $82.00 target price on Fastenal in a report on Thursday, July 3rd. Robert W. Baird set a $86.00 target price on Fastenal in a report on Thursday, July 3rd. William Blair upgraded Fastenal from a "market perform" rating to an "outperform" rating in a report on Monday, March 10th. Finally, JPMorgan Chase & Co. raised their target price on Fastenal from $36.00 to $38.00 and gave the company a "neutral" rating in a report on Tuesday, May 27th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $48.45. Fastenal stock price forecast leverages industry benchmarks, showing the stock outperforming the S&P 1500 Industrials index by 2.1% YTD, hinting at sustained relative strength.