Fastenal Company

(NASDAQ Global Select)
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Bullish +65

Fastenal Co. stock costs EUR 45.93, market value USD 59.0 billion

Earnings report AI-generated analysis

πŸ“ˆ Fastenal Co. achieved second-quarter 2026 revenue of USD 2.39 billion, marking a 14.7 percent year-over-year growth.

πŸ’° Net income for the quarter ended June 30, 2026, reached USD 382.8 million with diluted earnings per share of USD 0.33.

πŸ“Š The company trades at a market capitalization of USD 59.0 billion and a trailing P/E ratio of 43.7 as of October 12, 2026.

🎯 Analysts maintain an average price target of USD 49.58 with a Hold consensus rating from 21 analysts.

πŸ“… Fastenal is scheduled to report third-quarter 2026 results on October 14, 2026.

πŸ’΅ Market estimates for the upcoming quarter project earnings per share of approximately USD 0.34 and revenue near USD 2.44 billion.

🏦 The company offers a quarterly dividend of USD 0.26, translating to a 2.0 percent annualized yield.

πŸ“‰ Stock price fluctuates between EUR 45.93 in European markets and USD 51.46 on Nasdaq depending on the time and venue.

Bullish Signals
  • Fastenal Co. delivered robust second-quarter revenue growth of 14.7 percent year over year, reaching USD 2.39 billion.
  • The company generated net income of USD 382.8 million in the second quarter of 2026, demonstrating strong profitability.
  • Fastenal's stock has maintained a market capitalization of USD 59.0 billion, indicating sustained investor confidence.
Full Analysis
Fastenal Co. reported strong second-quarter 2026 financial results, with revenue reaching USD 2.39 billion, representing a 14.7 percent year-over-year increase. Net income for the quarter ended June 30, 2026, was USD 382.8 million, driven by solid operational performance in the industrial distribution sector. Key financial metrics indicate a diluted earnings per share of USD 0.33 for the second quarter. The company currently trades with a market capitalization of approximately USD 59.0 billion and a trailing P/E ratio of 43.7, reflecting investor expectations ahead of its scheduled third-quarter earnings report on October 14, 2026. Analyst consensus suggests an average target price of USD 49.58 for the stock, with a Hold rating from 21 analysts. Market estimates for the upcoming third quarter project earnings per share of roughly USD 0.34 and revenue near USD 2.44 billion, providing a benchmark for the next earnings release. The company maintains a quarterly dividend of USD 0.26, yielding approximately 2.0 percent on an annualized basis. Trading activity showed lower volume relative to the average, with shares changing hands at EUR 45.93 in European markets and USD 51.46 on Nasdaq, highlighting currency and venue differences.