What you need to know

Its headquarters is located in Winona, Minnesota, Fastenal Company (Fast), a prominent distributor of industrial and construction construction supplies, and primarily service for manufacturing, construction and maintenance sectors. With a market formation of $ 47.2 billion, the company provides a comprehensive range of products, including fasteners, safety tools, tools and electrical components, as well as valuable inventory management services. Fastenal is scheduled to make its profits in the second quarter before the opening of the market on Monday 14 July.

Before the event, analysts expect to report a profit from $ 0.28 per share on a reduced basis, an increase of 12 % of $ 0.25 per share in the same quarter of last year. The company has matching the unanimity estimates in the last four four, while it lost expectations on another occasion.

For the current year, analysts expect to inform the share profitability of $ 1.09, an increase of 9 % from $ 1 in the fiscal year 2024. Analysts look forward, analysts expect the profitability of the share 9.2 % annually to $ 1.19 in the fiscal year 2026.

Over the past year, Fast increased by 30.3 %, outperforing the S&P 500 ($ SPX) gains 12.1 % and S& P 500 industrial SPDR (XLI) gains by 19.4 % on the same time frame.

On April 11, Fastenal shares increased by 6.4 % after the company informed the results of the first quarter of 2025, as revenues amounted to approximately $ 2 billion, and the analysts estimated slightly. The profits amounted to $ 0.52 per share, and matching Wall Street’s expectations, with the support of continuous momentum in large -scale high -value contracts.

The opinion of analysts in consensus on fast stocks is warned, with a comprehensive “comment” classification. Of the 14 analysts covering the shares, three are advised to classify a “strong purchase”, give ten “suspension” classifications, and one recommends a “strong sale”.

Although Fast Target is currently higher than the average price of $ 40.65, its high target in the street of $ 45 is a possible 9 % rise in the current market prices.

On the date of publication, Kritika Sarmah did not have positions (either directly or indirectly) in any of the securities mentioned in this article. All information and data in this article are only for media purposes. This article was originally published on Barchart.com