Bernstein has initiated coverage on Fastenal Co (FAST) with an Underperform rating, marking the firm's first assessment of the company. This rating reflects Bernstein's analysis of Fastenal's business operations, industry dynamics, and growth prospects.
Headquartered in Winona, Minnesota, Fastenal Co engages in the distribution of fasteners and tools. The company employs 20,958 full-time staff and serves a diverse clientele, including general contractors, farmers, and governmental entities. Fastenal's offerings include threaded fasteners, bolts, nuts, and various hardware supplies, alongside services such as Fastenal Managed Inventory (FMI) and industrial vending solutions.
As of November 11, 2025, Fastenal's stock is priced at $40.75, with a market capitalisation of $47.0 billion. The firm has a trailing twelve-month price-to-earnings ratio of 38.31 and an earnings per share of 1.07. Its dividend yield stands at an impressive 214.8%.
Upcoming earnings are scheduled for July 12, 2026, with an estimated EPS of $0.32 and revenue of $2.3 billion. This update provides insight into Bernstein's perspective on Fastenal, which now joins a consensus of 6 Strong Buy, 3 Buy, 12 Hold, and 3 Sell ratings from a total of 24 analysts.
Analyst ratings are based on research and financial models, offering a professional viewpoint that should be one of many factors considered in investment decisions. Ratings can evolve as new information emerges, and analysts may hold differing opinions on the same entity.