Group 1: Earnings Performance - Fastenal reported quarterly earnings of $0.52 per share, matching the Zacks Consensus Estimate and remaining unchanged from the previous year [1] - The company posted revenues of $1.91 billion for the quarter ended September 2024, missing the Zacks Consensus Estimate by 0.26% and showing a year-over-year increase from $1.85 billion [2] - Over the last four quarters, Fastenal has surpassed consensus EPS estimates only once and has topped consensus revenue estimates just once [2][1] Group 2: Stock Performance and Outlook - Fastenal shares have increased approximately 8.1% since the beginning of the year, while the S&P 500 has gained 21.2% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the upcoming quarter is $0.49 on revenues of $1.84 billion, and for the current fiscal year, it is $2.04 on revenues of $7.57 billion [7] Group 3: Industry Context - The Building Products - Retail industry, to which Fastenal belongs, is currently ranked in the bottom 14% of over 250 Zacks industries, indicating potential challenges for stock performance [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Fastenal's stock performance [5]

The upcoming report from Fastenal (FAST) is expected to reveal quarterly earnings of $0.52 per share, indicating no change from the year-ago quarter compared to the year-ago period. Analysts forecast revenues of $1.92 billion, representing an increase of 3.8% year over year. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe. Prior to a company's earnings ...

Fastenal Company (FAST) is scheduled to report third-quarter 2024 results on Oct. 11, before the opening bell. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. In the last reported quarter, Fastenal reported mixed results, with earnings meeting the Zacks Consensus Estimate and net sales missing the same by 0.3%. On a year-over-year basis, net sales rose 1.8% but the bottom line declined 2%. Fastenal's earnings topped the consensus mark in two of the last four quarters, met on one an ...

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Considering buying FAST stock? Here's what analysts think: Fastenal Co has a consensus price target of $64.21 based on the ratings of 14 analysts. The high is $85 issued by B of A Securities on October 7, 2024. The low is $42 issued by Morgan Stanley on January 6, 2023. The 3 most-recent analyst ratings were released by ...

Fastenal (FAST) is expected to deliver flat earnings compared to the year-ago quarter on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The earnings report, which is expected to be released on October 11, 2024, might help the stock move higher if these key numbers are be ...

Investors in Fastenal Company (FAST) need to pay close attention to the stock based on moves in the options market lately. That is because the Nov 15, 2025 $90 Call had some of the highest implied volatility of all equity options today. What is Implied Volatility? Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also ...

Buy-and-hold dividend growth investors know something about the best dividend stocks to buy that less experienced yield-hunters don't: it pays to be patient when you're investing for income. Shares in companies that raise their payouts like clockwork decade after decade can produce superior total returns (price change plus dividends) over the long run, even if they sport apparently ho-hum yields to begin with. That's partly because regular dividend increases lift the yield on an investor's original cost bas ...

Generally, when investing in stocks we look for companies with strong brand power, differentiation and significant barriers to entry. This is not the case with Fastenal Co. (FAST, Financial). As the company operates in the industrial supplies distribution sector, there is little differentiation and a low barrier to entry. The company makes up for this, however, by being very efficient in executing its business model, offering diversified solutions, inventory solutions and has a large distribution network, w ...

Table of Contents Securities registered pursuant to Section 12(b) of the Act: UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ý No ☐ Indic ...

The quarterly results reflect higher unit sales attributable to growth with larger customers and Onsite locations opened in the last two years. The uptrend was partially offset by lower product pricing showcasing lower fastener pricing, which is a by-product of lower transportation costs, as well as lower pricing in certain safety and other product categories. Also, foreign exchange rates negatively impacted the quarter's sales to some extent. Shares of the company gained 5.6% in the pre-market trading sess ...