Fastenal Likely To Report Higher Q4 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Earnings Report - Fastenal Company is set to release its fourth-quarter earnings results on January 20, with analysts expecting earnings of 26 cents per share, an increase from 23 cents per share in the same period last year [1] - The consensus estimate for quarterly revenue is $2.04 billion, up from $1.82 billion a year earlier [1] Leadership Change - Daniel L. Florness will step down as CEO on July 16, 2026, which led to a 2.6% increase in Fastenal shares, closing at $43.53 [2] Analyst Ratings - Jefferies analyst upgraded Fastenal from Hold to Buy, raising the price target from $45 to $52 [3] - Barclays analyst maintained an Equal-Weight rating but reduced the price target from $45 to $44 [3] - Baird analyst upgraded the stock from Neutral to Outperform, increasing the price target from $47 to $55 [3] - Stephens & Co. analyst maintained an Equal-Weight rating and raised the price target from $40 to $45 [3] - Loop Capital analyst maintained a Hold rating and increased the price target from $40 to $45 [3]