Analysts expect revenue increase Fastenal

Tomorrow the American company Fastenal will publish its past quarter results. For this year Fastenal's revenue will be around 5,43 billion USD. This is according to the average of the analysts' estimates. This is slightly more than 2018's revenue of 4,97 billion USD.

Historical revenues and results Fastenal plus estimates 2019

The analysts expect for 2019 a net profit of 811 million USD. According to most of the analysts the company will have a profit per share for this book year of 1,41 USD. Based on this the price/earnings-ratio is 22,39.

For this year the analysts expect a dividend of 0,84 cents per share. Thus the dividend yield equals 2,66 percent. The average dividend yield of the diversified companies equals a relatively high 2 percent.

Recent target prices around 70 USD

The latest 3 recommendations for the diversified company were provided by Credit Suisse, JP Morgan and DZ Bank.

Fastenal's market capitalization is around 18,16 billion USD. The Fastenal stock was the past 12 months quite volatile. Since last July the stock is even 31 percent higher. This year the stock price moved between 24 and 36 dollar.

On Monday, the stock closed at 31,57 USD.

Historical stock prices Fastenal

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