Fastenal’s Q4 Beat Fueled By Opex Leverage, Says Analyst Who Struggles To ‘Get The Math To Work’
Raymond James analyst Sam J. Darkatsh reiterated an Underperform rating on the shares of Fastenal Co (NASDAQ: FAST).
Fastenal Q4 EPS $0.43 Beats $0.42 Estimate, Sales $1.70B Beat $1.68B Estimate
Fastenal (NASDAQ:FAST) reported quarterly earnings of $0.43 per share which beat the analyst consensus estimate of $0.42 by 2.38 percent. This is a 7.5 percent increase over earnings of $0.40 per share from the same
Earnings Scheduled For January 19, 2023
Companies Reporting Before The Bell
• Procter & Gamble (NYSE:PG) is estimated to report quarterly earnings at $1.59 per share on revenue of $20.73 billion.
Morgan Stanley Maintains Underweight on Fastenal, Lowers Price Target to $42
Morgan Stanley analyst Joshua Pokrzywinski maintains Fastenal (NASDAQ:FAST) with a Underweight and lowers the price target from $43 to $42.
Jefferies Assumes Fastenal at Hold, Announces Price Target of $50
Jefferies analyst Stephen Volkmann assumes Fastenal (NASDAQ:FAST) with a Hold rating and announces Price Target of $50.
10 Industrials Stocks Whale Activity In Today’s Session
This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Fastenal Q3 Earnings Tops Estimates
Fastenal Co (NASDAQ:FAST) reported third-quarter FY22 sales growth of 16% year-on-year to $1.80 billion, beating the consensus of $1.79 billion. Digital…
Fastenal Q3 EPS $0.50 Beats $0.48 Estimate, Sales $1.80B Beat $1.79B Estimate
Fastenal (NASDAQ:FAST) reported quarterly earnings of $0.50 per share which beat the analyst consensus estimate of $0.48 by 4.17 percent. This is a 19.05 percent increase over earnings of $0.42 per share from the same
W W Grainger Price Target Raised By Multiple Analysts Post Q2 Results
RBC Capital analyst Deane Dray raised the price target on W W Grainger Inc (NYSE:GWW) to $422 (a downside of 23.06%) from $399…
$100 Invested In This Stock 5 Years Ago Would Be Worth $200 Today
Fastenal (NASDAQ:FAST) has outperformed the market over the past 5 years by 8.29% on an annualized basis producing an average annual return of 19.07%. Currently, Fastenal has a market capitalization of $29.57 billion.