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Idea Engine Score: 19
Price on Recommendation Date: $46.06
Current Price: $46.18
ROI Since Recommendations: 0.3% (Does not include reinvested dividends)
Current Analyst Recommendations: 3 Buy Ratings, 8 Hold Ratings, 1 Sell Ratings.
Current Consensus Price Target: $45.64 (-1.2% Upside)
Fastenal Company, together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, Mexico, North America, and internationally. It offers fasteners, and related industrial and construction supplies under the Fastenal name. The company's fastener products include threaded fasteners, bolts, nuts, screws, studs, and related washers that are used in manufactured products and construction projects, as well as in the maintenance and repair of machines. It also offers miscellaneous supplies and hardware, including pins, machinery keys, concrete anchors, metal framing systems, wire ropes, strut products, rivets, and related accessories. The company serves the manufacturing market comprising original equipment manufacturers; maintenance, repair, and operations customers; non-residential construction market; farmers, truckers, railroads, mining companies, schools, and retail trades; and oil exploration, production, and refinement companies, as well as federal, state, and local governmental entities. Fastenal Company was founded in 1967 and is headquartered in Winona, Minnesota.
Recommendation Factors:
- Fastenal (NASDAQ:FAST - Get Free Report) issued its quarterly earnings results on Monday. The company reported $0.29 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.01. Fastenal had a net margin of 15.30% and a return on equity of 32.33%. The company had revenue of $2.08 billion for the quarter, compared to the consensus estimate of $2.07 billion. During the same quarter in the prior year, the company earned $0.25 EPS. Fastenal's quarterly revenue was up 8.6% on a year-over-year basis. View Press Release. View Slide Deck.
- Fastenal Company (NASDAQ:FAST - Free Report) - Equities researchers at William Blair upped their Q3 2025 earnings estimates for Fastenal in a report released on Thursday, July 10th. William Blair analyst R. Merkel now expects that the company will earn $0.30 per share for the quarter, up from their previous forecast of $0.30. The consensus estimate for Fastenal's current full-year earnings is $2.15 per share. William Blair also issued estimates for Fastenal's Q3 2026 earnings at $0.32 EPS, FY2026 earnings at $1.21 EPS and FY2027 earnings at $1.31 EPS.
- Fastenal Company (NASDAQ:FAST - Free Report) - Equities researchers at William Blair boosted their FY2025 earnings per share (EPS) estimates for shares of Fastenal in a note issued to investors on Monday, July 14th. William Blair analyst R. Merkel now expects that the company will earn $1.13 per share for the year, up from their prior estimate of $1.11. The consensus estimate for Fastenal's current full-year earnings is $2.15 per share. William Blair also issued estimates for Fastenal's Q4 2025 earnings at $0.28 EPS, Q1 2026 earnings at $0.31 EPS, Q2 2026 earnings at $0.32 EPS, Q3 2026 earnings at $0.33 EPS, Q4 2026 earnings at $0.30 EPS, FY2026 earnings at $1.25 EPS and FY2027 earnings at $1.35 EPS.
- Fastenal had its price target raised by analysts at Stephens from $40.00 to $45.00. They now have an "equal weight" rating on the stock. This represents a 1.9% downside from the current price of $45.88. Read More: Benzinga
- Fastenal had its price target raised by analysts at Robert W. Baird from $43.00 to $47.00. They now have a "neutral" rating on the stock. This represents a 2.4% upside from the current price of $45.88. Read More: Benzinga, Tickerreport.com
- Fastenal had its price target raised by analysts at JPMorgan Chase & Co. from $38.00 to $41.00. They now have a "neutral" rating on the stock. This represents a 11.0% downside from the current price of $46.06. Read More: Benzinga
- Fastenal Company (NASDAQ:FAST - Get Free Report) CFO Sheryl Ann Lisowski sold 21,052 shares of the business's stock in a transaction that occurred on Thursday, July 17th. The shares were sold at an average price of $45.21, for a total transaction of $951,760.92. Following the sale, the chief financial officer owned 10,192 shares in the company, valued at $460,780.32. This represents a 67.38% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
