Should I buy or sell Toast stock right now?

20 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Toast in the last year. There are currently 1 sell rating, 12 hold ratings and 7 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?

20 brokers have issued 12 month price objectives for Toast's shares. Their TOST share price targets range from $12.00 to $28.00. On average, they anticipate the company's stock price to reach $20.32 in the next year. This suggests a possible upside of 32.4% 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 on January 1st, 2023. Since then, TOST stock has decreased by 14.9% and is now trading at $15.35. 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) issued its earnings results on Tuesday, November, 7th. The company reported ($0.09) EPS for the quarter, topping analysts' consensus estimates of ($0.11) by $0.02. The company had revenue of $1.03 billion for the quarter, compared to analyst estimates of $1.03 billion. Toast had a negative trailing twelve-month return on equity of 27.94% and a negative net margin of 8.59%. Toast's revenue for the quarter was up 37.2% on a year-over-year basis. During the same quarter in the previous 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 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 many different institutional and retail investors. Top institutional shareholders 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)

$15.35

+0.29 (+1.93%)

(As of 12/8/2023 ET)

Compare

Today's Range: $14.91
▼
$15.49
50-Day Range: $13.81
▼
$18.81
52-Week Range: $13.77
▼
$27.00

Volume: 7.75 million shs
Average Volume: 8.44 million shs
Market Capitalization: $6.53 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $20.32

Toast MarketRank™ Stock Analysis

Analyst Rating: Hold
2.30 Rating Score
Upside/Downside: 32.4% Upside
$20.32 Price Target
Short Interest: Healthy
7.62% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.51
Based on 21 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

63rd out of 583 stocks

Data Processing & Preparation Industry

5th out of 53 stocks

4.2

Analyst's Opinion

Consensus Rating
Toast has received a consensus rating of Hold. The company's average rating score is 2.30, and is based on 7 buy ratings, 12 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $20.32, Toast has a forecasted upside of 32.4% from its current price of $15.35.
Amount of Analyst Coverage
Toast has been the subject of 11 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.

3.1

News and Social Media Coverage

News Sentiment
Toast has a news sentiment score of 0.51. 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 news sentiment score is similar to the average news sentiment of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 21 news articles for Toast this week, compared to 8 articles on an average week.
Search Interest
39 people have searched for TOST on MarketBeat in the last 30 days. This is an increase of 15% 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 71% 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 -24.37, 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 -24.37, 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 7.31. 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

December 9, 2023 | finance.yahoo.com

3 Things About Toast the Smartest Investors Know

December 9, 2023 | finance.yahoo.com

Toast Stock: Buy, Sell, or Hold?

December 10, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

December 8, 2023 | yahoo.com

The Air Jordan XI Retro “Gratitude” Release Tomorrow is a Toast to Fans

December 7, 2023 | msn.com

B of A Securities Downgrades Toast Inc - (TOST)

December 7, 2023 | finance.yahoo.com

1 Promising Fintech That Could Be a Wonderful Value, or Burn Its Investors Badly, in 2024

December 7, 2023 | americanbankingnews.com

Toast (NYSE:TOST) Downgraded to "Neutral" at Bank of America

December 7, 2023 | americanbankingnews.com

Toast (NYSE:TOST) Coverage Initiated by Analysts at Redburn Atlantic

December 10, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

December 6, 2023 | markets.businessinsider.com

15 Analysts Have This to Say About Toast

December 6, 2023 | realmoney.thestreet.com

BofA gets more bearish on Toast, downgrades shares

December 6, 2023 | realmoney.thestreet.com

Toast downgraded at BofA on slowing momentum, rising competition

December 6, 2023 | au.investing.com

Toast top-line momentum slowing - BofA

December 6, 2023 | msn.com

I'm a public-speaking expert. Here's how to give a memorable toast at your company and family holiday parties.

December 6, 2023 | finance.yahoo.com

Down More Than 40% From Its High, Is Toast Stock a Buy?

December 5, 2023 | yahoo.com

Avocado And Honey Is The Flavor Pairing Your Toast Needs

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 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

See More Headlines

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Company Calendar

Last Earnings: 11/07/2023
Today: 12/09/2023
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: $20.32
High Stock Price Target: $28.00
Low Stock Price Target: $12.00
Potential Upside/Downside: +32.4%
Consensus Rating: Hold
Rating Score (0-4): 2.30
Research Coverage: 20 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: $2.73 billion
Price / Sales: 2.39
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $2.10 per share
Price / Book: 7.31

Miscellaneous

Outstanding Shares: 425,260,000
Free Float: 367,001,000
Market Cap: $6.53 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?: 20 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Toast in the last year. There are currently 1 sell rating, 12 hold ratings and 7 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?: 20 brokers have issued 12 month price objectives for Toast's shares. Their TOST share price targets range from $12.00 to $28.00. On average, they anticipate the company's stock price to reach $20.32 in the next year. This suggests a possible upside of 32.4% 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 on January 1st, 2023. Since then, TOST stock has decreased by 14.9% and is now trading at $15.35.
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) issued its earnings results on Tuesday, November, 7th. The company reported ($0.09) EPS for the quarter, topping analysts' consensus estimates of ($0.11) by $0.02. The company had revenue of $1.03 billion for the quarter, compared to analyst estimates of $1.03 billion. Toast had a negative trailing twelve-month return on equity of 27.94% and a negative net margin of 8.59%. Toast's revenue for the quarter was up 37.2% on a year-over-year basis. During the same quarter in the previous 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 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 many different institutional and retail investors. Top institutional shareholders 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 12/10/2023 by MarketBeat.com Staff

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