Should I buy or sell Toast stock right now?

19 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Toast in the last twelve months. There are currently 1 sell rating, 10 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" TOST shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TOST, but not buy additional shares or sell existing shares. View TOST analyst ratings or view top-rated stocks .

What is Toast's stock price target for 2024?

19 Wall Street analysts have issued 12-month price objectives for Toast's stock. Their TOST share price targets range from $12.00 to $28.00. On average, they predict the company's stock price to reach $20.71 in the next year. This suggests a possible upside of 39.2% 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 decreased by 17.5% and is now trading at $14.88. View the best growth stocks for 2023 here .

When is Toast's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 15th 2024. View our TOST earnings forecast .

How were Toast's earnings last quarter?

Toast, Inc. (NYSE:TOST) posted its quarterly earnings data on Tuesday, November, 7th. The company reported ($0.09) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.11) by $0.02. The company earned $1.03 billion during the quarter, compared to analyst estimates of $1.03 billion. Toast had a negative net margin of 8.59% and a negative trailing twelve-month return on equity of 27.94%. The firm's revenue was up 37.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.19) 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) .

(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 stock is owned by a number of institutional and retail investors. Top institutional investors include FMR LLC (5.89%), Morgan Stanley (2.82%), Abdiel Capital Advisors LP (2.56%), Greenoaks Capital Partners LLC (1.89%), Sumitomo Mitsui Trust Holdings Inc. (0.73%) and Eventide Asset Management LLC (0.69%). 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 .

Toast Stock Price, News & Analysis (NYSE:TOST)

$14.88

-0.24 (-1.59%)

(As of 12/5/2023 ET)

Compare

Today's Range: $14.68
▼
$15.01
50-Day Range: $13.81
▼
$18.81
52-Week Range: $13.77
▼
$27.00

Volume: 6.76 million shs
Average Volume: 7.29 million shs
Market Capitalization: $6.33 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $20.71

Toast MarketRank™ Stock Analysis

Analyst Rating: Hold
2.37 Rating Score
Upside/Downside: 39.2% Upside
$20.71 Price Target
Short Interest: Healthy
7.62% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.29
Based on 11 Articles This Week
Insider Trading: Selling Shares
$8.83 M Sold Last Quarter
Proj. Earnings Growth: Growing
From ($0.52) to ($0.37) Per Share

Overall MarketRank^™

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

2.68 out of 5 stars

Computer And Technology Sector

86th out of 592 stocks

Data Processing & Preparation Industry

6th out of 49 stocks

4.2

Analyst's Opinion

Consensus Rating
Toast has received a consensus rating of Hold. The company's average rating score is 2.37, and is based on 8 buy ratings, 10 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $20.71, Toast has a forecasted upside of 39.2% from its current price of $14.88.
Amount of Analyst Coverage
Toast has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

4.0

Short Interest

Percentage of Shares Shorted
7.62% 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 3.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Toast has recently decreased by 8.21%, indicating that investor sentiment is improving 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.

2.9

News and Social Media Coverage

News Sentiment
Toast has a news sentiment score of 0.29. 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 0.40 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 7 articles on an average week.
Search Interest
58 people have searched for TOST on MarketBeat in the last 30 days. This is an increase of 314% compared to the previous 30 days.
MarketBeat Follows
12 people have added Toast to their MarketBeat watchlist in the last 30 days. This is an increase of 33% 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 $8,825,672.00 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 ($0.52) to ($0.37) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Toast is -23.62, 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 -23.62, 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 7.09. 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 Stock (NYSE:TOST)

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 Stock Price History

30 days | 90 days | 365 days | Advanced Chart

TOST Stock News Headlines

November 8, 2023 | marketbeat.com

Roblox, DaVita rise; Toast, Lucid Group fall, Wednesday, 11/8/2023

Stocks that are trading heavily or have substantial price changes on Wednesday Roblox, DaVita rise; Toast, Lucid Group fall

December 5, 2023 | yahoo.com

Avocado And Honey Is The Flavor Pairing Your Toast Needs

December 6, 2023 | Edge On The Street (Ad)

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Americans now consider gold a better long-term investment than stocks for the first time since 2013. But physical gold requires storage and insurance, and gold mining stocks come with significant risks. Fortunately, investors have found a little-known way to benefit from gold that avoids many of these challenges.

December 4, 2023 | americanbankingnews.com

Toast, Inc. (NYSE:TOST) CEO Sells $886,820.00 in Stock

December 2, 2023 | uk.sports.yahoo.com

Toast Inc CEO Christopher Comparato Sells 58,000 Shares: An Insider Sell Analysis

December 2, 2023 | msn.com

Toast! All Day finally opens in Savannah, bringing its award-winning brunch

December 2, 2023 | americanbankingnews.com

Toast, Inc. (NYSE:TOST) Given Average Recommendation of "Hold" by Brokerages

December 2, 2023 | nypost.com

DC bar toasts to NY Republican’s historic expulsion with new cocktail: ‘Adios Santos’

December 6, 2023 | Edge On The Street (Ad)

Americans Now Favor Gold Over Stocks as an Investment Vehicle

December 1, 2023 | americanbankingnews.com

Head-To-Head Contrast: Toast (NYSE:TOST) versus CompuMed (OTCMKTS:CMPD)

November 28, 2023 | msn.com

Disguised Toast's 2024 Esports Plans Explained

November 26, 2023 | yahoo.com

The One Ingredient That Makes French Toast 100 Times Better

November 26, 2023 | finance.yahoo.com

Why Investors Shouldn't Get Burned by Toast Stock

November 26, 2023 | finance.yahoo.com

3 Top Growth Stock to Buy Right Now With $1,000

November 24, 2023 | yahoo.com

Always Toast Your Pine Nuts When Making Pesto For A Bolder Taste

November 24, 2023 | yahoo.com

Give Your Avocado Toast Unique Flavor Dimension With Vegemite

November 23, 2023 | dallasnews.com

Thanksgiving toasts from the Dallas Morning News Editorial Board

November 23, 2023 | msn.com

Cheers! Raise a Glass With These Timeless (and Even Funny ) Holiday Toasts

November 16, 2023 | finance.yahoo.com

Toast (TOST) Upgraded to Buy: Here's Why

November 16, 2023 | finance.yahoo.com

Recent uptick might appease Toast, Inc. (NYSE:TOST) institutional owners after losing 23% over the past year

November 15, 2023 | msn.com

Disguised Toast reveals plans for DSG in 2024, teases release of new esports teams for Apex Legends and more

November 15, 2023 | finance.yahoo.com

Toast Announces Participation at the UBS Conference

November 10, 2023 | msn.com

Baird Upgrades Toast Inc - (TOST)

November 10, 2023 | msn.com

Toast’s stock got burnt this week, but this bull says it could rise 30% from here

November 10, 2023 | za.investing.com

Toast 'one of the best companies' on Baird's list

November 10, 2023 | msn.com

Toast raised to Outperform at Baird after recent selloff

November 10, 2023 | finance.yahoo.com

Why Toast Stock Tanked This Week

See More Headlines

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Company Calendar

Last Earnings: 11/07/2023
Today: 12/06/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 2/15/2024

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 Target: $20.71
High Stock Price Target: $28.00
Low Stock Price Target: $12.00
Potential Upside/Downside: +39.2%
Consensus Rating: Hold
Rating Score (0-4): 2.37
Research Coverage: 19 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.63)
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: -8.59%
Pretax Margin: -8.53%
Return on Equity: -27.94%
Return on Assets: -17.20%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 2.58
Quick Ratio: 2.41

Sales & Book Value

Annual Sales: $3.60 billion
Price / Sales: 1.76
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $2.10 per share
Price / Book: 7.09

Miscellaneous

Outstanding Shares: 425,262,000
Free Float: 367,001,000
Market Cap: $6.33 billion
Optionable: Not Optionable
Beta: 1.56

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Key Executives

Mr. Christopher P. Comparato (Age 56)
Chairman & CEO
Comp: $30k
Mr. Stephen Fredette (Age 39)
Co-Founder, Co-President & Director
Comp: $30k
Mr. Aman Narang (Age 40)
Co-Founder, Co-President, 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)
Senior VP, General Counsel & Corporate Secretary
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
Vice President of Investor Relations
Karen DeVincent-Reinbold
Senior PR & Communications Manager

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

TOST Stock Analysis - Frequently Asked Questions

Should I buy or sell Toast stock right now?: 19 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Toast in the last twelve months. There are currently 1 sell rating, 10 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" TOST shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TOST, but not buy additional shares or sell existing shares.
View TOST analyst ratings or view top-rated stocks.
What is Toast's stock price target for 2024?: 19 Wall Street analysts have issued 12-month price objectives for Toast's stock. Their TOST share price targets range from $12.00 to $28.00. On average, they predict the company's stock price to reach $20.71 in the next year. This suggests a possible upside of 39.2% 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 decreased by 17.5% and is now trading at $14.88.
View the best growth stocks for 2023 here.
When is Toast's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, February 15th 2024.
View our TOST earnings forecast.
How were Toast's earnings last quarter?: Toast, Inc. (NYSE:TOST) posted its quarterly earnings data on Tuesday, November, 7th. The company reported ($0.09) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.11) by $0.02. The company earned $1.03 billion during the quarter, compared to analyst estimates of $1.03 billion. Toast had a negative net margin of 8.59% and a negative trailing twelve-month return on equity of 27.94%. The firm's revenue was up 37.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.19) 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).
When did Toast IPO?: (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 stock is owned by a number of institutional and retail investors. Top institutional investors include FMR LLC (5.89%), Morgan Stanley (2.82%), Abdiel Capital Advisors LP (2.56%), Greenoaks Capital Partners LLC (1.89%), Sumitomo Mitsui Trust Holdings Inc. (0.73%) and Eventide Asset Management LLC (0.69%). 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.

This page (NYSE:TOST) was last updated on 12/6/2023 by MarketBeat.com Staff

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Toast Stock Price, News & Analysis (NYSE:TOST)

Toast MarketRank™ Stock Analysis

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 Stock (NYSE:TOST)

TOST Stock Price History

TOST Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

TOST Stock Analysis - Frequently Asked Questions

Overall MarketRank^™