Fastenal Company (NYSE:FAST) will release its second quarter earnings report before the opening bell on Monday, July 13.
Analysts expect the Winona, Minnesota-based company to report quarterly earnings of 33 cents per share, up from 29 cents per share in the year-ago period. The consensus estimate for Fastenal’s quarterly revenue is $2.34 billion. It reported $2.08 billion last year, according to Benzinga Pro.
On April 13, the industrial and construction supplies distributor posted first-quarter net sales of $2.20 billion, up 12.4% year-over-year and ahead of the $2.199 billion estimate.
Fastenal shares gained 0.6% to close at $47.40 on Monday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.
- DA Davidson analyst Chris Dankert initiated coverage on the stock with a Neutral rating and a price target of $46 on June 16, 2026. This analyst has an accuracy rate of 69%.
- Barclays analyst Guy Hardwick maintained an Equal-Weight rating and raised the price target from $45 to $46 on June 3, 2026. This analyst has an accuracy rate of 58%.
- Baird analyst David Manthey maintained an Outperform rating and cut the price target from $52 to $50 on April 14, 2026. This analyst has an accuracy rate of 74%.
- Jefferies analyst Stephen Volkmann upgraded the stock from Hold to Buy and raised the price target from $45 to $52 on Dec. 15, 2025. This analyst has an accuracy rate of 74%.
- JP Morgan analyst Patrick Baumann maintained a Neutral rating and raised the price target from $41 to $46 on Sept. 4, 2025. This analyst has an accuracy rate of 52%.
Considering buying FAST stock? Here’s what analysts think:
Photo via Shutterstock
Recent Comments