MCH assigns Fastenal stock a USD 42.97 target on October 9, 2026
Published on 10/09/2026 at 16:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- MCH Advisory Services assigned Fastenal a USD 42.97 probability-weighted target on October 9, 2026.
- Second-quarter 2026 revenue reached USD 2.39 billion, up 14.70 percent year over year, with EPS of USD 0.33.
- Fastenal stock was trading at EUR 44.97 at Lang & Schwarz on October 9, 2026, down 0.16 percent versus the prior close.
Fastenal was trading at EUR 44.97 at Lang & Schwarz on October 9, 2026, while MCH Advisory Services assigned Fastenal a USD 42.97 12-month probability-weighted target in research dated October 9, 2026. The report gave the company a Sell rating, putting valuation ahead of the next operating test.
Three dated Fastenal milestones
On July 14, 2026, Fastenal reported second-quarter revenue of USD 2.39 billion, up 14.70 percent year over year, and earnings per share of USD 0.33, according to MarketBeat. On September 28, 2026, Fastenal announced a third-quarter results call for October 14, 2026, at 9:00 a.m. Central time, per Fastenal. On October 9, 2026, MCH Advisory Services published its USD 42.97 target and Sell rating.
What does the target imply?
MCH's USD 42.97 target is below its USD 50.49 reference price by 14.90 percent, according to MCH Advisory Services. The firm's analysis says the multiple explains 65.00 percent of Monte Carlo outcome variance, making valuation a larger debate than the latest sales growth alone. A separate MarketBeat compilation puts the average analyst target at USD 49.50 and the consensus rating at Hold, based on 13 ratings firms.
Next dates and operating test
The next dated company event is Fastenal's third-quarter results review on October 14, 2026. MarketBeat's preview places consensus third-quarter revenue at USD 2.44 billion and earnings per share at USD 0.34, compared with second-quarter revenue of USD 2.39 billion and EPS of USD 0.33.
Stock sits below its yearly high
On Nasdaq, Fastenal was last at USD 50.44 on October 9, 2026 at 10:41 a.m. ET. That level was 4.69 percent below the 52-week high of USD 52.92 and implied a market capitalization of USD 57.9 billion. At Lang & Schwarz, the euro quote was EUR 44.97 at 4:36 p.m. CEST, down 0.16 percent versus the prior close of EUR 45.04 on October 8, 2026. The further course of trading is shown by the continuously updated real-time quote of Fastenal stock.
Fastenal stock facts
- Company: Fastenal Company
- ISIN: US3119001044
- Ticker: FAST
- Primary exchange: NASDAQ
- Price Lang & Schwarz (as of October 9, 2026, 4:36 p.m. CEST): EUR 44.97
- Change versus prior close: minus 0.16 percent
- Prior close Lang & Schwarz (October 8, 2026): EUR 45.04
- Market capitalization: USD 57.9 billion (as of October 9, 2026)
- 52-week range: USD 38.97-52.92 (as of October 9, 2026)
- Sector / Industry: Industrials / Industrial Distribution
- Next earnings date: October 14, 2026
Market context: Market report S&P 500.
