NYSE:TOST

Toast (TOST) Stock Forecast, Price & News

$18.55

-0.57 (-2.98%)

(As of 09/21/2023 ET)

Compare

Today's Range: $18.45
▼
$18.88
50-Day Range: $18.55
▼
$26.76
52-Week Range: $15.77
▼
$27.00

Volume: 7.91 million shs
Average Volume: 5.50 million shs
Market Capitalization: $9.93 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $25.22

Toast MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.52 Rating Score
Upside/Downside: 36.0% Upside
$25.22 Price Target
Short Interest: Bearish
8.47% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.26
Based on 14 Articles This Week
Insider Trading: Selling Shares
$20.51 M Sold Last Quarter
Proj. Earnings Growth: Growing
From ($0.57) to ($0.39) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.41 out of 5 stars

Computer And Technology Sector

244th out of 594 stocks

Data Processing & Preparation Industry

21st out of 62 stocks

4.3

Analyst's Opinion

Consensus Rating
Toast has received a consensus rating of Moderate Buy. The company's average rating score is 2.52, and is based on 11 buy ratings, 10 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $25.22, Toast has a forecasted upside of 36.0% from its current price of $18.55.
Amount of Analyst Coverage
Toast has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.0

Short Interest

Percentage of Shares Shorted
8.47% 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 3.5, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Toast has recently increased by 31.52%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Toast does not currently pay a dividend.
Dividend Growth
Toast does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for TOST.

2.4

News and Social Media Coverage

News Sentiment
Toast has a news sentiment score of 0.26. 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 lower news sentiment than the 0.57 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 14 news articles for Toast this week, compared to 6 articles on an average week.
Search Interest
Only 25 people have searched for TOST on MarketBeat in the last 30 days. This is a decrease of -40% compared to the previous 30 days.
MarketBeat Follows
23 people have added Toast to their MarketBeat watchlist in the last 30 days. This is an increase of 188% compared to the previous 30 days.

3.3

Company Ownership

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 $20,507,388.00 in company stock.
Percentage Held by Insiders
13.70% 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
60.29% of the stock of Toast is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Toast are expected to grow in the coming year, from ($0.57) to ($0.39) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Toast is -25.40, 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 -25.40, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Toast has a P/B Ratio of 8.83. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Toast (NYSE:TOST) Stock

Toast, Inc. operates a cloud-based digital technology platform for the restaurant industry in the United States and Ireland. The company offers Toast POS, a software module that integrates payment processing with point of sale functionality; Toast Invoicing that allows restaurants to send invoices and collect payment; Toast Mobile Order & Pay, which allows guests to scan a QR code to browse the menu, order, and pay from mobile; Kitchen Display System software that connects the house with the kitchen staff; and Multi-Location Management, a tool to manage operations and configure menus across multiple locations and channels. It also provides Toast Flex, an hardware for on-counter order and pay; Toast Go, an integrated handheld POS device; Toast Tap, a card reader for accepting EMV-contactless payments; Toast Online Ordering & Toast TakeOut, an online ordering and consumer Toast TakeOut application; First-Party Delivery, a toast delivery service; POS integration for restaurants using third-party delivery services to order intake and eliminate the need for extra third-party tablets; and loyalty, email marketing, and Toast Gift Cards services. In addition, the company offers Payroll & Team Management solution for employee performance and satisfaction; Employee management tools, such as Sling for Toast that provide streamlined scheduling and team communication; Toast Pay Card & PayOut, which offers eligible workers instant access to a portion of their tips and wages; and Tips Manager solution that automates the tip-pooling process. Further, it provides xtraCHEF a suite of back-office tools, such as accounts payable automation, inventory management, ingredient price tracker, and recipe costing for restaurants; Payment Processing, capital funding, and purchase financing solutions; insights and reporting on real-time sales, menu, and labor data; Toast Partner Connect, a portal that allows customers to discover, select, and connect their restaurant to partners; and a suite of bi-directional application programming interfaces. The company was formerly known as Opti Systems, Inc. and changed its name to Toast, Inc. in 2012. Toast, Inc. was incorporated in 2011 and is headquartered in Boston, Massachusetts.

TOST Price History

30 days | 90 days | 365 days | Advanced Chart

TOST Stock News Headlines

September 21, 2023 | msn.com

I Made Cottage Cheese Cinnamon Toast, and It Tastes Like Dessert for Breakfast

September 21, 2023 | americanbankingnews.com

Aman Narang Sells 248,509 Shares of Toast, Inc. (NYSE:TOST) Stock

September 22, 2023 | Edge On The Street (Ad)

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September 21, 2023 | americanbankingnews.com

Christopher P. Comparato Sells 58,000 Shares of Toast, Inc. (NYSE:TOST) Stock

September 21, 2023 | americanbankingnews.com

Toast (NYSE:TOST) Stock Price Down 3.3% After Insider Selling

September 20, 2023 | yahoo.com

Austen Kroll Explains Awkward Wedding Toast on Southern Charm

September 20, 2023 | finance.yahoo.com

Insider Sell: Aman Narang Sells 248,509 Shares of Toast Inc (TOST)

September 19, 2023 | msn.com

English breakfast: Modi, Biden’s grandpa & some spiced toast

September 22, 2023 | Edge On The Street (Ad)

The Strategic Gold Play You Haven't Heard About

September 19, 2023 | finance.yahoo.com

Great Place To Work Names Toast to 2023 Best Workplaces in Technology List

September 18, 2023 | americanbankingnews.com

Toast, Inc. (NYSE:TOST) Given Consensus Rating of "Moderate Buy" by Brokerages

September 14, 2023 | msn.com

Tost Tremont to open this fall with plans for more Greater Cleveland shops

September 13, 2023 | barrons.com

Putin Toasts 'Strengthening Of Cooperation' At Dinner With Kim: State TV

September 12, 2023 | finance.yahoo.com

Toast Data: The Most Popular Alcohol by State, #Burgerflation, and Cafe & Bakery Insights

September 12, 2023 | finance.yahoo.com

Toast for Cafes & Bakeries: New Innovation to Add Revenue Streams and Speed Up Service

September 7, 2023 | msn.com

UBS Upgrades Toast Inc - (TOST)

September 6, 2023 | investing.com

Wall Street analysts expect smooth CEO transition for Toast

September 6, 2023 | investorplace.com

TOST Stock Alert: Why UBS Says You Should ‘Take a Bite of Toast’

September 6, 2023 | markets.businessinsider.com

Bank of America Securities Sticks to Their Buy Rating for Toast Inc (TOST)

September 6, 2023 | bizjournals.com

'A little bit surprising:' Analysts react to Toast CEO transition

September 5, 2023 | businesswire.com

Toast Announces Leadership Transition

September 5, 2023 | bizjournals.com

Toast CEO steps down and company co-founder steps in

September 3, 2023 | nbcnews.com

Fans flock to Jimmy Buffett's eateries to toast the Mayor of Margaritaville

September 2, 2023 | msn.com

Skip The Regular Sandwich Bread When Making Fancy Topped Toasts

September 1, 2023 | msn.com

Dwayne Johnson's Private Chef Shares the French Toast Recipe He Eats 'Every Single Weekend'

September 1, 2023 | msn.com

This gourmet toast shop is the most millennial thing ever. Is it any good? | Review

August 31, 2023 | msn.com

Toast Inc - (TOST) Price Target Increased by 5.99% to 26.04

See More Headlines

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TOST Company Calendar

Last Earnings: 8/08/2023
Today: 9/21/2023
Next Earnings (Estimated): 11/09/2023
Fiscal Year End: 12/31/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Data processing & preparation
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NYSE:TOST
CUSIP: N/A
CIK: 1650164
Web: pos.toasttab.com
Phone: 617-297-1005
Fax: N/A
Employees: 4,500
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $25.22
High Stock Price Forecast: $31.00
Low Stock Price Forecast: $16.00
Forecasted Upside/Downside: +36.0%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.52
Research Coverage: 21 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.73)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-275,000,000.00
Net Margins: -11.33%
Pretax Margin: -11.39%
Return on Equity: -34.23%
Return on Assets: -21.21%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 2.49
Quick Ratio: 2.31

Sales & Book Value

Annual Sales: $3.32 billion
Price / Sales: 2.99
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $2.10 per share
Price / Book: 8.83

Miscellaneous

Outstanding Shares: 535,633,000
Free Float: 462,251,000
Market Cap: $9.93 billion
Optionable: Not Optionable
Beta: 1.71

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Key Executives

Mr. Christopher P. Comparato (Age 56)
Chairman & CEO
Comp: $30k

Mr. Stephen Fredette (Age 39)
Co-Founder, Co-Pres & Director
Comp: $30k

Mr. Aman Narang (Age 40)
Co-Founder, Co-Pres, COO & Director
Comp: $30k

Mr. Jonathan Grimm (Age 37)
Co-Founder & CTO of Toast.org
Comp: $30k

Ms. Elena Gomez (Age 53)
Chief Financial Officer
Comp: $754.06k

Mr. Brian R. Elworthy (Age 42)
Sr. VP, Gen. Counsel & Corp. Sec.
Comp: $529.24k

Mr. James Michael Matlock
Chief Accounting Officer & Principal Accounting Officer

Ms. Deborah J. Chrapaty (Age 62)
Chief Technology Officer

Alice Kousoum Lopatto
VP of Investor Relations

Karen DeVincent-Reinbold
Sr. PR & Communications Mang.

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

TOST Stock - Frequently Asked Questions

Should I buy or sell Toast stock right now?: 21 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Toast in the last year. There are currently 10 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" TOST shares.
View TOST analyst ratings or view top-rated stocks.
What is Toast's stock price forecast for 2023?: 21 Wall Street research analysts have issued 1 year price targets for Toast's shares. Their TOST share price forecasts range from $16.00 to $31.00. On average, they anticipate the company's share price to reach $25.22 in the next year. This suggests a possible upside of 36.0% from the stock's current price.
View analysts price targets for TOST or view top-rated stocks among Wall Street analysts.
How have TOST shares performed in 2023?: Toast's stock was trading at $18.03 at the start of the year. Since then, TOST shares have increased by 2.9% and is now trading at $18.5450.
View the best growth stocks for 2023 here.
Are investors shorting Toast?: Toast saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 26,160,000 shares, an increase of 31.5% from the August 15th total of 19,890,000 shares. Based on an average daily volume of 7,440,000 shares, the short-interest ratio is currently 3.5 days. Approximately 8.5% of the company's stock are short sold.
View Toast's Short Interest.
When is Toast's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, November 9th 2023.
View our TOST earnings forecast.
How were Toast's earnings last quarter?: Toast, Inc. (NYSE:TOST) issued its quarterly earnings results on Tuesday, August, 8th. The company reported ($0.19) EPS for the quarter, missing analysts' consensus estimates of ($0.14) by $0.05. The business earned $978 million during the quarter, compared to the consensus estimate of $943.06 million. Toast had a negative net margin of 11.33% and a negative trailing twelve-month return on equity of 34.23%. The company's revenue was up 44.9% compared to the same quarter last year. During the same period last year, the business posted ($0.11) EPS.
What ETFs hold Toast's stock?: ETFs with the largest weight of Toast (NYSE:TOST) stock in their portfolio include AOT Growth & Innovation ETF (AOTG), ARK Fintech Innovation ETF (ARKF), Global X FinTech Thematic ETF (FINX), Neuberger Berman Next Generation Connected Consumer ETF (NBCC), Alger Mid Cap 40 ETF (FRTY), First Trust Technology AlphaDEX Fund (FXL), WisdomTree Cloud Computing Fund (WCLD) and First Trust US Equity Opportunities ETF (FPX).
What guidance has Toast issued on next quarter's earnings?: Toast updated its third quarter 2023 earnings guidance on Tuesday, August, 8th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.01 billion-$1.04 billion, compared to the consensus revenue estimate of $1.00 billion.

When did Toast IPO?: (TOST) raised $685 million in an initial public offering on Wednesday, September 22nd 2021. The company issued 21,739,131 shares at a price of $30.00-$33.00 per share.
What is Toast's stock symbol?: Toast trades on the New York Stock Exchange (NYSE) under the ticker symbol "TOST."
Who are Toast's major shareholders?: Toast's stock is owned by many different retail and institutional investors. Top institutional shareholders include Bank Julius Baer & Co. Ltd Zurich (6.87%), Capital International Investors (4.39%), BlackRock Inc. (3.50%), Durable Capital Partners LP (2.25%), Abdiel Capital Advisors LP (2.03%) and Champlain Investment Partners LLC (1.33%). Insiders that own company stock include Aman Narang, Bessemer Venture Partners Ix L, Brian R Elworthy, Christopher P Comparato, Crossover Managemen Technology, David Yuan, Elena Gomez, Hmi Capital Management, LP, James Michael Matlock, Jonathan Grimm, Mark J Hawkins, Paul D Bell, Richard Kent Bennett, Stephen Fredette and Technology Investment Dining G.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Toast's stock price today?: One share of TOST stock can currently be purchased for approximately $18.55.
How much money does Toast make?: Toast (NYSE:TOST) has a market capitalization of $9.93 billion and generates $3.32 billion in revenue each year. The company earns $-275,000,000.00 in net income (profit) each year or ($0.73) on an earnings per share basis.
How many employees does Toast have?: The company employs 4,500 workers across the globe.
How can I contact Toast?: Toast's mailing address is 401 PARK DRIVE SUITE 801, BOSTON MA, 02215. The official website for the company is pos.toasttab.com. The company can be reached via phone at 617-297-1005 or via email at ir@toasttab.com.

This page (NYSE:TOST) was last updated on 9/22/2023 by MarketBeat.com Staff

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Toast (TOST) Stock Forecast, Price & News

Toast MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Toast (NYSE:TOST) Stock

TOST Price History

TOST Stock News Headlines

TOST Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

TOST Stock - Frequently Asked Questions

Overall MarketRank^™