Report
EUR 12.80 For Business Accounts Only

An unfavourable environment weighs on FASTENAL, which sees a downgrade to Slightly Negative

The independent financial analyst theScreener just requalified the general evaluation of FASTENAL (US), active in the Industrial Suppliers industry. As regards its fundamental valuation, the title still shows 1 out of 4 stars and its market behaviour is seen as moderately risky. theScreener believes that the unfavourable environment weighs on the sector and penalises the company, which sees a downgrade to its general evaluation to Slightly Negative. As of the analysis date February 4, 2022, the closing price was USD 54.99 and its target price was estimated at USD 52.24.
Underlying
Fastenal Company

Fastenal is engaged in the wholesale distribution of industrial and construction supplies. The company is a distributor of fasteners and related industrial and construction supplies. This includes threaded fasteners, bolts, nuts, screws, studs, and related washers, as well as miscellaneous supplies and hardware, such as pins, machinery keys, concrete anchors, metal framing systems, wire rope, strut, rivets, and related accessories. The company's fastener product line is primarily sold under the Fastenal product name.

Provider
TheScreener
TheScreener

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