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FAST · NASDAQ · STOCK

Fastenal (FAST) Stock Analysis

Industrials Updated August 24, 2026
$51.26
52W $38.97 – $52.92
59/100
$58.82B
43.4
0.71
AI Committee Verdict
Watch
59/100
Conviction: Contested · 50% agreement · 6 analysts
-14.0%
Contested

Is FAST Bullish or Bearish?

Mixed. Innellis AI committee rates Fastenal (FAST) Watch with a composite score of 59/100 , based on 6 analysts with 50% agreement. Last updated August 24, 2026.

What Would Change This View

Upgrade to Buy
Requires a committee score of 60.0 — +0.88 from today. Applies on the first day at or above the line; upgrades are never dampened.
Downgrade to Reduce
Requires the score to fall below 40.0 — -19.12 from today. The band boundary is 45.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.

Executive Summary

The committee is genuinely divided. Risk Analyst sees a compelling case — low leverage (debt-to-equity 0.03) -- balance sheet can absorb a shock. Growth Analyst remains cautious — 4 consecutive earnings misses -- execution concerns. This disagreement is itself the signal — the setup is not clean in either direction.

Bull & Bear Case

Bull Case
  • ROE of 34.0% shows genuine earnings power backing the valuation — Value
  • Price structure making higher highs and higher lows — Technical
  • Weekly trend (uptrend) confirms the daily trend -- multi-timeframe agreement — Technical
  • Low leverage (debt-to-equity 0.03) -- balance sheet can absorb a shock — Risk
  • News sentiment is positive (+0.20 across 16 articles, 14d) — News
Bear Case
  • P/E of 43.9 is expensive by classic value standards — Value
  • Price-to-book of 11.7x prices in significant intangible value — Value
  • 4 consecutive earnings misses -- execution concerns — Growth
  • Growth rate is decelerating quarter over quarter -- the trend line matters more than the level — Growth
  • MACD histogram negative -- bearish momentum — Technical
  • Price structure (LH_LL) contradicts the uptrend -- mixed signals — Technical
Both cases are generated from quantitative data signals, not qualitative or forward-looking judgement. They summarise what the numbers say today.
Price History (6M)

AI Investment Committee

Committee Consensus As of August 24, 2026
Overall Committee Score
59/100
Agreement
50%
Analysts
6
Conviction
Contested
Sector Rank
Top 46%
of 226 Industrials peers
Value Analyst neutral
49 / 100 · High confidence
Fair value -- neither a bargain nor obviously overpriced
+ ROE of 34.0% shows genuine earnings power backing the valuation
− P/E of 43.9 is expensive by classic value standards
Growth Analyst bearish
40 / 100 · High confidence
Growth story is weak, decelerating, or inconsistent
− 4 consecutive earnings misses -- execution concerns
Technical Analyst neutral
57 / 100 · High confidence
Mixed or range-bound price action
+ Price structure making higher highs and higher lows
− MACD histogram negative -- bearish momentum
Risk Analyst bullish
80 / 100 · Low confidence
Risk profile is manageable -- leverage, volatility, and event exposure all look contained
+ Low leverage (debt-to-equity 0.03) -- balance sheet can absorb a shock
Macro Analyst bullish
65 / 100 · Low confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
News Analyst bullish
64 / 100 · Low confidence
News flow and recent filings/analyst actions are net positive
+ News sentiment is positive (+0.20 across 16 articles, 14d)
Portfolio Manager neutral
45 / 100 · High confidence
Portfolio-level factors are mixed -- worth a deliberate sizing decision, not a default-size position
+ Portfolio position concentration is currently healthy
− Sector concentration is already high (HHI 3069.37)
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Investment Thesis Evolution

Committee score moved marginally from 59.1 to 59.1.

Comparing 2026-08-23 to 2026-08-24 (1 day apart).

Technical Analysis

RSI (14)
58.7
Neutral
MACD Histogram
-0.078
Bearish Momentum
Trend Direction
Uptrend
Weekly: Uptrend
Market Structure
Lh Ll
Bollinger %B
0.65
Inside Bands
Price vs Moving Averages
EMA 9
$51.08 Above
EMA 21
$50.11 Above
EMA 50
$48.44 Above
EMA 200
$45.74 Above

Fundamental Analysis

Valuation
0
Growth
46
Profitability
85
Financial Health
100
Cash Flow
70
Valuation
P/E Ratio 43.4×
P/B Ratio 14.46×
PEG Ratio 3.23
Dividend Yield 1.87%
52W High $52.92
52W Low $38.97
Quality & Growth
ROE 3191.0%
ROA 2490.4%
Gross Margin 4470.1%
Operating Margin 2029.0%
Revenue Growth YoY
Debt / Equity 0.11
AI Fundamental Assessment
P/E ratio of 43.4 (rich relative to a 15-40x range); Price-to-book of 14.5x; PEG ratio of 3.2 (under 1.0 suggests growth is undervalued relative to price); Return on equity of 31.9%; Return on assets of 24.9%; Net margin of 15.5%; Gross margin of 44.7%; Current ratio of 4.18 (healthy short-term liquidity); Debt-to-equity of 0.11; Free cash flow per share is positive (0.90); Most recent quarter missed estimates by 1.3%; 4 consecutive earnings misses; EPS growth decelerating (+15.4% -> +10.0% QoQ); Average YoY EPS growth of 13.8%; Analyst estimates rising over recent quarters
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