Fastenal Company (FAST) Set to Announce Earnings on Friday
Fastenal Company (NASDAQ:FAST) is scheduled to be posting its Q214 quarterly earnings results on Friday, July 11th. Analysts expect Fastenal Company to post earnings of $0.44 per share and revenue of $952.95 million for the quarter.
Shares of Fastenal Company (NASDAQ:FAST) opened at 49.01 on Thursday. Fastenal Company has a 52-week low of $42.48 and a 52-week high of $52.21. The stock’s 50-day moving average is $49.3 and its 200-day moving average is $48.15. The company has a market cap of $14.538 billion and a P/E ratio of 32.57.
A number of analysts have recently weighed in on FAST shares. Analysts at Zacks upgraded shares of Fastenal Company from an “underperform” rating to a “neutral” rating in a research note on Tuesday, May 6th. They now have a $51.00 price target on the stock. One analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the stock. Fastenal Company currently has a consensus rating of “Hold” and an average price target of $51.00.
Fastenal Company is engaged in selling industrial and construction supplies in a wholesale and retail fashion.
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