Toast (TOST) Stock Price, News & Analysis

Company Overview

Toast, Inc. operates a cloud-based digital technology platform for the restaurant industry in the United States, Ireland, and India. The company offers software products for restaurant operations and point of sale, such as Toast POS, Toast now, multi-location management, kitchen display system, Toast mobile order and pay, Toast catering and events, Toast invoicing, Toast tables, and restaurant retail; and hardware products, including Toast flex, Toast flex for guest, Toast go 2, Toast tap, kiosks, and Delphi by Toast. It provides toast online ordering and toast takeout, first-party delivery toast delivery services, and third-party delivery integrations and orders hub; and loyalty, email marketing, and toast gift cards. In addition, the company offers payroll and team management, Sling by Toast, Toast pay card and payout, and tips manager, as well as partner-enabled products comprising insurance and benefits; supply chain and accounting products, such as xtraCHEF by toast; and financial technology solutions consisting of payment processing, toast capital, and purchase plans. Further, it offers reporting and analytics, Toast shop, and Toast partner connect and application programming interfaces. The company was formerly known as Opti Systems, Inc. and changed its name to Toast, Inc. in May 2012. Toast, Inc. was incorporated in 2011 and is headquartered in Boston, Massachusetts.

Key Stats

• Today's Range: $35.57 to $37.62
• 50-Day Range: $28.15 to $43.54
• 52-Week Range: $16.13 to $44.12
• Volume: 10.69 million shs
• Average Volume: 7.40 million shs
• Market Capitalization: $17.70 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $34.81
• Consensus Rating: Hold

Toast Stock Analysis - MarketRank™

Toast scored higher than 40% of companies evaluated by MarketBeat, and ranked 464th out of 652 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.2 / 5
• Analyst Rating: Hold

Consensus Rating

Toast has received a consensus rating of Hold. The company's average rating score is 2.36, and is based on 9 buy ratings, 12 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Toast has been the subject of 14 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 1,266.67%

Earnings Growth

Earnings for Toast are expected to grow by 1,266.67% in the coming year, from $0.03 to $0.41 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Toast is -289.08, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Toast is -289.08, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Growth Ratio

Toast has a PEG Ratio of 23.40. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Toast has a P/B Ratio of 13.37. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

7.30% of the float of Toast has been sold short.

Short Interest Ratio / Days to Cover

Toast has a short interest ratio ("days to cover") of 4.2.

Change versus previous month

Short interest in Toast has recently increased by 3.93%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Toast does not currently pay a dividend.

Dividend Growth

Toast does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

7.30% of the float of Toast has been sold short.

Short Interest Ratio / Days to Cover

Toast has a short interest ratio ("days to cover") of 4.2.

Change versus previous month

Short interest in Toast has recently increased by 3.93%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.2 / 5
• News Sentiment: 0.92

News Sentiment

Toast has a news sentiment score of 0.92. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.63 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 11 news articles for Toast this week, compared to 13 articles on an average week.

Search Interest

Only 29 people have searched for TOST on MarketBeat in the last 30 days. This is a decrease of -51% compared to the previous 30 days.

MarketBeat Follows

Only 16 people have added Toast to their MarketBeat watchlist in the last 30 days. This is a decrease of -20% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Toast insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $45,817,915.00 in company stock.

Percentage Held by Insiders

13.32% of the stock of Toast is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

82.91% of the stock of Toast is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

TOST Stock Analysis - Frequently Asked Questions

How have TOST shares performed this year?

Toast's stock was trading at $18.26 at the beginning of 2024. Since then, TOST shares have increased by 105.8% and is now trading at $37.58.
View the best growth stocks for 2024 here.

How were Toast's earnings last quarter?

Toast, Inc. (NYSE:TOST) posted its quarterly earnings data on Tuesday, August, 6th. The company reported $0.02 earnings per share for the quarter, beating analysts' consensus estimates of ($0.02) by $0.04. The business's revenue for the quarter was up 27.0% on a year-over-year basis.

When did Toast IPO?

Toast (TOST) raised $685 million in an initial public offering (IPO) on Wednesday, September 22nd 2021. The company issued 21,739,131 shares at a price of $30.00-$33.00 per share.

Who are Toast's major shareholders?

Toast's top institutional investors include FMR LLC (5.19%), ValueAct Holdings L.P. (3.29%), State Street Corp (1.77%) and Whale Rock Capital Management LLC (1.57%). Insiders that own company stock include Technology Investment Dining G, Stephen Fredette, Aman Narang, Richard Kent Bennett, David Yuan, Christopher P Comparato, Brian R Elworthy, Elena Gomez, Mark J Hawkins, James Michael Matlock, Jonathan Vassil, Jonathan Grimm, Bessemer Venture Partners Ix L, Hmi Capital Management, LP and Paul D Bell.
View institutional ownership trends.

How do I buy shares of Toast?

Shares of TOST stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Toast own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Toast investors own include Enovix (ENVX), Rambus (RMBS), Ginkgo Bioworks (DNA), COMPASS Pathways (CMPS), Globant (GLOB), Saia (SAIA) and Luminar Technologies (LAZR).

Company Calendar

• Last Earnings: 8/06/2024
• Today: 12/22/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Computer and Technology
• Industry: Data processing & preparation
• Sub-Industry: Business Services
• Current Symbol: NYSE:TOST
• CUSIP: N/A
• CIK: 1650164
• Web: pos.toasttab.com
• Phone: 617-297-1005
• Fax: N/A
• Employees: 5,500
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $34.81
• High Stock Price Target: $49.00
• Low Stock Price Target: $25.00
• Potential Upside/Downside: -7.4%
• Consensus Rating: Hold
• Rating Score (0-4): 2.36
• Research Coverage: 22 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.13)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 1,252.67
• P/E Growth: 23.4
• Net Income: $-246,000,000.00
• Net Margins: -1.05%
• Pretax Margin: -0.99%
• Return on Equity: -3.84%
• Return on Assets: -2.34%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.41
• Quick Ratio: 2.27

Sales & Book Value

• Annual Sales: $4.66 billion
• Price / Sales: 3.80
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $2.81 per share
• Price / Book: 13.37

Miscellaneous

• Outstanding Shares: 471,000,000
• Free Float: 408,263,000
• Market Cap: $17.70 billion
• Optionable: Optionable
• Beta: 1.93