Fastenal Company ($FAST) Stock Forecast: Up 7.6% Today

What is Fastenal Company?

A company specializing in industrial and construction supplies, Fastenal (FAST) saw an increase in revenue and net daily sales during the first quarter of 2025, surpassing expectations.

Why is Fastenal Company going up?

FAST stock is up 7.6% on Apr 11, 2025 17:52

• Fastenal's performance in Q1 exceeded expectations, leading to a positive market response.
• The company's substantial year-over-year daily sales growth reinforced investor confidence.
• Despite facing margin pressure from escalating costs, Fastenal's ability to surpass revenue projections and announce an increased dividend for Q2 highlighted its resilience amid market challenges.
• Overall, Fastenal's robust financial performance and favorable investor sentiment contributed to the uptick in its stock price.

FAST Price Chart

FAST Technical Analysis

FAST News

Fastenal Q1 Earnings Meet Expectations, Sales Top, Daily Sales Up Y/Y

FAST's first-quarter 2025 results reflect flat earnings but year-over-year net sales growth. Dive in to know more.

https://www.zacks.com/stock/news/2447956/fastenal-q1-earnings-meet-expectations-sales-top-daily-sales-up-yy

Fastenal Posts Better-Than-Expected Sales, Joins Simulations Plus, Certara And Other Big Stocks Moving Higher On Friday - Amarin Corp ( NASDAQ:AMRN ) , Absci ( NASDAQ:ABSI )

U.S. stocks were lower, with the Dow Jones index dipping over 250 points on Friday. Shares of Fastenal Company FAST rose sharply during Thursday's session following better-than-expected first-quarter sales.

https://www.benzinga.com/25/04/44763680/fastenal-posts-better-than-expected-sales-joins-simulations-plus-certara-and-other-big-stocks-moving-higher-on-fr

Fastenal Beats Revenue Estimates In Q1 But Margins Narrow As Costs Rise - Fastenal ( NASDAQ:FAST )

Fastenal's Q1 revenue rose 3.4% to $1.959 billion, slightly beating expectations; net daily sales rose 5.0%. Declared a $0.44 per share Q2 dividend, up one cent from Q1; returned $246.7 million in dividends.

https://www.benzinga.com/news/earnings/25/04/44761872/fastenal-beats-revenue-estimates-in-q1-but-margins-narrow-as-costs-rise

Fastenal ( FAST ) Meets Q1 Earnings Estimates

Fastenal (FAST) delivered earnings and revenue surprises of 0% and 0.63%, respectively, for the quarter ended March 2025. Do the numbers hold clues to what lies ahead for the stock?

https://www.zacks.com/stock/news/2446963/fastenal-fast-meets-q1-earnings-estimates

JPMorgan Chase, Wells Fargo And 3 Stocks To Watch Heading Into Friday - Bank of New York Mellon ( NYSE:BK ) , Fastenal ( NASDAQ:FAST )

With U.S. stock futures trading higher this morning on Friday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Morgan Stanley MS to report quarterly earnings at $2.20 per share on revenue of $16.57 billion before the opening bell, according to data from ...

https://www.benzinga.com/25/04/44755388/jpmorgan-chase-wells-fargo-and-3-stocks-to-watch-heading-into-friday

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Fastenal Company Price History

10.03.2025 - FAST Stock was up 5.1%

• Fastenal demonstrated a strong bullish movement, likely influenced by positive sentiment and excitement surrounding its upcoming first-quarter earnings.
• Analysts predict earnings of 52 cents per share for the company, potentially driving the optimistic momentum.
• Despite concerns about sluggish industrial markets, Fastenal's effective digital strategy and balanced onsite/offsite mix might have reassured investors about its growth prospects.
• The emphasis on manufacturing expansion and key metrics projections by financial analysts could have also boosted investor confidence, contributing to the positive market activity.

17.00.2025 - FAST Stock was up 2.5%

• Despite falling short of earnings and revenue estimates in Q4, Fastenal's stock had a significant bullish movement.
• The company experienced a 3.7% year-over-year sales growth but did not meet consensus estimates.
• Investors seem positive about Fastenal's future, particularly due to its emphasis on digital strategy and onsite/offsite mix.
• The market's response may be linked to the company's resilient growth outlook and the potential for improvement in manufacturing challenges.

11.03.2025 - FAST Stock was up 7.6%

• Fastenal's performance in Q1 exceeded expectations, leading to a positive market response.
• The company's substantial year-over-year daily sales growth reinforced investor confidence.
• Despite facing margin pressure from escalating costs, Fastenal's ability to surpass revenue projections and announce an increased dividend for Q2 highlighted its resilience amid market challenges.
• Overall, Fastenal's robust financial performance and favorable investor sentiment contributed to the uptick in its stock price.

11.09.2024 - FAST Stock was up 5.2%

• Fastenal's stock experienced a robust surge following the initiation of coverage by an analyst with a Buy rating and a price target of $85.
• Analysts anticipate the company to announce quarterly earnings of 52 cents per share, likely contributing to the optimistic market sentiment and upward trend in the stock price.
• The upcoming third-quarter earnings release before the opening bell today sparked investor interest and propelled the bullish momentum in Fastenal's stock.
• In summary, favorable analyst coverage and market expectations surrounding the earnings report appear to have bolstered the positive movement in Fastenal's stock today.

11.09.2024 - FAST Stock was up 8.6%

• The bullish movement in Fastenal's stock today is due to the following reasons:
• Better-than-expected third-quarter financial results released by Fastenal resulted in a surge in its stock price.
• Positive forecast changes for Fastenal's earnings by analysts likely contributed to investor optimism.
• BofA Securities analyst Sabrina Abrams provided a Buy rating and a price target of $85, boosting investor confidence in Fastenal's stock.
• The positive market sentiment towards Fastenal stood out amidst slightly lower U.S. stock futures, highlighting the company's strong performance compared to other market movements.

09.03.2025 - FAST Stock was up 5.3%

• FAST experienced a significant bullish movement today, possibly reflecting positive market expectations for its Q1 earnings.
• Investors appear confident in FAST's ability to navigate challenging industrial markets by leveraging a robust digital strategy.
• Speculation on how FAST will address tariff impacts in its earnings report could be driving the current bullish trend.
• Despite concerns around a potential earnings shortfall, investors seem more focused on the company's strategic plans and market position.

11.03.2024 - FAST Stock was down 5.8%

• Reported Q1 earnings of $0.52 per share, falling short of the Zacks Consensus Estimate of $0.53 per share, resulting in a negative earnings surprise.
• Revenues of $1.9 billion for the quarter also missed the Zacks Consensus Estimate by 0.98%, indicating a revenue shortfall.
• The disappointing financial results likely influenced the bearish market movement, with investors reacting to the earnings and revenue miss.
• The stock's immediate price action may be impacted by management's discussions on the earnings call, as market participants evaluate the company's future prospects and growth potential.

11.03.2024 - FAST Stock was down 5.8%

• Disappointing first-quarter financial results were reported by Fastenal, with earnings per share missing estimates.
• The stock's price decline can be attributed to the earnings miss, indicating investor concerns about the company's performance.
• Despite revenue growth, the failure to meet EPS expectations likely led to a negative sentiment among investors, resulting in the bearish movement.
• The market reaction reflects the importance of meeting both revenue and earnings expectations to maintain investor confidence and drive stock performance.

12.06.2024 - FAST Stock was up 2.0%

• Sales for the second quarter of 2024 rose despite a decline in profit.
• The appointment of Jeff Watts as the new President and Chief Sales Officer has boosted investor confidence.
• The company's revenue growth remained strong despite market challenges highlighted by the CEO.
• The ongoing leadership of CEO Dan Florness has fostered stability and trust in the company, driving the stock's upward momentum.

12.06.2024 - FAST Stock was up 1.9%

• FAST stock saw a bullish movement amid the earnings season.
• Implied earnings moves and options volatility for FAST were likely positive.
• The start of the Q2 earnings season could have positively affected investor sentiment towards FAST.
• Consumer-focused companies, like Fastenal, are under close observation during this earnings period.

07.03.2025 - FAST Stock was up 0.6%

• Despite expectations of a potential earnings beat, Fastenal's stock price experienced a significant bullish movement.
• The recent spike in the company's stock price over the past month and year could have contributed to the bullish sentiment.
• Investors may be optimistic about Fastenal's future performance and growth prospects, leading to the bullish market movement today.

11.03.2025 - FAST Stock was up 5.1%

• Fastenal's shares surged after exceeding first-quarter sales projections, showcasing robust performance in its primary operations.
• Although Q1 results outperformed revenue expectations, the company faced margin squeeze from escalating expenses, potentially raising investor apprehensions.
• Meeting Q1 earnings forecasts with a slight revenue beat indicates consistent financial stability within the company.
• The adjustment of Fastenal's price targets by prominent Wall Street analysts before Q1 earnings likely contributed to the stock's positive momentum, fostering investor confidence in the company's future prospects.