Headquartered in Winona, Minnesota, Fastenal Company (FAST) is a prominent distributor of industrial and construction supplies, primarily catering to the manufacturing, construction, and maintenance sectors. With a market capitalization of $47.2 billion, the company provides a comprehensive portfolio of products, including fasteners, safety gear, tools, and electrical components, alongside value-added inventory management services. Fastenal is scheduled to release its second-quarter earnings before the market opens on Monday, July 14.

Ahead of the event, analysts expect FAST to report a profit of $0.28 per share on a diluted basis, up 12% from $0.25 per share in the same quarter last year. The company has matched the consensus estimates in three of the last four quarters while missing the forecast on another occasion. 

For the current year, analysts expect FAST to report EPS of $1.09, up 9% from $1 in fiscal 2024. Looking ahead, analysts expect its EPS to rise 9.2% annually to $1.19 in fiscal 2026.

Over the past year, FAST has surged 30.3%, outperforming the S&P 500’s ($SPX) 12.1% gains and the S&P 500 Industrial Sector SPDR’s (XLI) 19.4% gains over the same time frame.

On Apr. 11, Fastenal shares climbed 6.4% after the company reported its Q1 2025 results, with revenue reaching nearly $2 billion, slightly surpassing analyst estimates. Earnings stood at $0.52 per share, matching Wall Street expectations, supported by sustained momentum in large-scale, high-value contracts.

Analysts’ consensus opinion on FAST stock is cautious, with an overall “Hold” rating. Out of 14 analysts covering the stock, three advise a “Strong Buy” rating, ten give a “Hold” rating, and one recommends a “Strong Sell.”

While FAST currently trades above its mean price target of $40.65, its Street-high target of $45 represents a potential upside of 9% from the current market prices.