What's Going On With Fastenal Stock?
What's Going On With Fastenal Stock?
Abrams also noted Fastenal's sales volumes have outperformed even as offshoring slowed industrial production in its markets. The analyst sees Fastenal as positioned to benefit as companies return to reshoring and expects sales volumes to accelerate further in the long-term. Fastenal Company (NASDAQ:FAST) shares are trading slightly higher Monday. BofA Securities analyst Sabrina Abrams initiated coverage on Fastenal with a Buy rating and announced a price target of $85.
周一，Fastenal公司（纳斯达克股票代码：FAST）股价小幅上涨。美银证券分析师萨布丽娜·艾布拉姆斯以买入评级启动了对Fastenal的报道，并宣布目标股价为85美元。
The Details:
细节：
The BofA analyst highlighted Fastenal's double-digit growth in national customer contract counts in the first and second quarters of 2024, reflecting the success of the company's renewed focus on winning contracts with large customers. Abrams said she expects the growth to continue through the fourth quarter and into 2025 and 2026.
美国银行分析师强调了Fastenal在2024年第一和第二季度全国客户合同数量的两位数增长，这反映了该公司成功地重新专注于赢得与大客户的合同。艾布拉姆斯说，她预计增长将持续到第四季度以及2025年和2026年。
Abrams also noted Fastenal's sales volumes have outperformed even as offshoring slowed industrial production in its markets. The analyst sees Fastenal as positioned to benefit as companies return to reshoring and expects sales volumes to accelerate further in the long-term.
艾布拉姆斯还指出，尽管离岸外包减缓了其市场的工业生产，但Fastenal的销量仍然跑赢大盘。分析师认为，随着各公司重返岸外包，Fastenal有望从中受益，并预计从长远来看，销售量将进一步加速。
FAST Q3: Fastenal is set to report its third-quarter financial results on Friday before the opening bell. Analysts expects the company to report earnings of 51 cents per share and quarterly revenue of $1.915 billion, according to estimates from Benzinga Pro.
Fast第三季度：Fastenal定于周五开盘前公布其第三季度财务业绩。根据Benzinga Pro的估计，分析师预计，该公司将公布每股收益51美分，季度收入为19.15亿美元。
FAST Stock Prediction 2024:
2024 年快速股票预测：
When buying a stock for a longer time horizon, it is important for investors to assess where they think the stock is headed in the future.
在更长的时间内购买股票时，投资者必须评估他们对股票未来走向的看法。
When mapping a stock's future trajectory, investors should consider factors including the future earnings expectations and expected performance against a benchmark.
在绘制股票的未来轨迹时，投资者应考虑包括未来收益预期和基准预期表现在内的因素。
Fastenal's revenue has grown at an average rate of 7.73% annually over the past 5 years. The average 1-year price target from analysts is $71.6, representing an expected 1.94% upside in 2025.
在过去的5年中，Fastenal的收入以平均每年7.73％的速度增长。分析师的1年平均目标股价为71.6美元，预计2025年将上涨1.94％。
While past performance is not a guarantee of future results, investors should also look at a stock's historical performance when compared to both a benchmark index and the company's peers. Shares of Fastenal have seen an annualized return of 12.9%, outperforming the S&P500 index by 3.56%. This compares to 12.1% growth in the overall Industrials sector. Fastenal has a beta of 1.2.
尽管过去的表现并不能保证未来的业绩，但投资者还应考虑股票与基准指数和公司同行相比的历史表现。Fastenal的股票年化回报率为12.9％，比标准普尔500指数高出3.56％。相比之下，整个工业板块的增长率为12.1％。Fastenal 的测试版为 1.2。
FAST Price Action: According to Benzinga Pro, Fastenal shares are up 0.44% at $70.49 at the time of publication Monday.
快速价格走势：根据Benzinga Pro的数据，截至周一发布时，Fastenal股价上涨0.44％，至70.49美元。
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Image: Shutterstock
图片：Shutterstock