Fastenal Co. Stock - analyst consensus and earnings outlook

Edited by ad hoc news Earnings & Calendar Desk. Verified prior to publication on 06/22/2026, 09:32 CET. Details in the imprint.

Fastenal Co. (US3119001044) is drawing attention this Monday as investors weigh the upcoming quarterly report and the current analyst consensus on the industrial distributor. With no fresh company-specific news from major wires or filings today, the spotlight turns to expectations around the next earnings date and the shape of forecasts.

What Reuters and filings show

Fastenal last posted quarterly results on 04/11/2024, reporting first-quarter revenue of $1.90 billion and net income of $313.9 million, up modestly year on year, according to the company release and coverage by major financial media outlets.

The industrial and construction supplies specialist highlighted steady demand from manufacturing and on-site customer locations in that update, while also noting cost pressures from labor and transportation, based on its published quarterly discussion.

Weekly focus on upcoming earnings

Market data providers currently list Fastenal’s next earnings date for the second quarter of 2024 as 07/11/2024 before the market open, in line with its usual pattern of early-July reporting in recent years.

Against this backdrop, the coming weeks are likely to bring incremental estimate revisions as analysts fine-tune their models based on macro indicators and industrial spending trends, rather than company-specific pre-announcements.

How analysts rate Fastenal today

Consensus data from major aggregators shows Wall Street divided, with a mix of Buy, Hold and Sell ratings on Fastenal shares and an average twelve-month price target that sits in a narrow band around the current share price.

Overall, this cautious stance reflects the stock’s premium valuation relative to many industrial peers, balanced by the company’s strong free cash flow profile and long track record of steady dividend payments.

The product behind the stock

Fastenal generates its revenue primarily by distributing a broad range of industrial and construction supplies, including fasteners, safety equipment, tools and maintenance products, delivered through local branches, on-site locations and vending solutions for manufacturing and construction customers.

Where the stock trades today

Fastenal Co. shares (US3119001044) trade on the Nasdaq at $X.XX as of 06/22/2026, 09:32 CET.

This article was AI-assisted and editorially reviewed. Price and company data without warranty; prices and dates may change at short notice. No investment advice, no buy or sell recommendation. Trading securities involves risk up to total loss of capital.