Fastenal Company (FAST) : Q315 Earnings Whisper

Fastenal Company (FAST) is set to announce its Q315 earnings after the market open on Tuesday, October 13. Analysts expect the wholesale distributor of industrial and construction supplies to report EPS of $0.47 and revenue of $1.01 billion. That would be $0.01 lower the $0.48 per share posted last quarter and $0.02 higher the $0.45 posted in the Q314. Revenue is projected to be $29.2 million higher than the $980.8 million posted in the same period a year earlier. Meanwhile, EarningsWhisper.com reports a whisper number of $0.47 per share.

As a quick reminder, FAST reported Q215 earnings per share of $0.48, $0.01 better than the Street’s consensus estimate of $0.47. Revs increased 5.04% year-over-year to $997.83 million versus the $1.01 billion consensus.

Fastenal Company shares are currently priced at 22.18x this year’s forecasted earnings, compared to the industry’s 14.45x earnings multiple. Ticker has a PEG and forward P/E ratio of 1.51 and 20.21, respectively. Price/Sales for the same period is 2.93 while EPS is 1.75. Currently there are 3 analysts that rate FAST a ‘Buy’, 11 rate it a ‘Hold’. One analyst rates it a ‘Sell’. FAST has a median Wall Street price target of $42.50 with a high target of $47.00.

In the past 52 weeks, shares of Winona, Minnesota-based company have traded between a low of $34.45 and a high of $48.43 and are now at $38.99.

Shares are down 16.40% since the beginning of the year.

The chart below shows where the equity has traded over the last 52 weeks.

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