Toast (TOST) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Since a changing earnings picture ...

These stocks are setting the stage for huge comebacks.When a stock you like scares you off with a significant loss in value, remember Warren Buffett's mandate to be greedy when others are fearful. Of course, tanking stock prices need to be evaluated in context -- they can scream value trap or opportunity.When they scream opportunity, let go of the fear and dive in. Toast (TOST 2.57%) and Take-Two Interactive (TTWO 1.31%) are two amazing stocks to buy while they're down.A massive opportunity to disrupt the r ...

The most recent trading session ended with Toast (TOST) standing at $23.07, reflecting a -0.52% shift from the previouse trading day's closing. The stock trailed the S&P 500, which registered a daily gain of 0.02%. Elsewhere, the Dow saw a downswing of 0.11%, while the tech-heavy Nasdaq appreciated by 0.1%.Heading into today, shares of the restaurant software provider had lost 5.27% over the past month, lagging the Computer and Technology sector's loss of 5.13% and the S&P 500's loss of 3.01% in that time.I ...

The company exists in a tough economic environment and hasn't yet proven it can make money consistently.A cautionary note for all the stock analyst watchers out there -- a price target increase does not automatically mean a buy recommendation.A notable example of this dichotomy can be seen in a change one pundit made to his price target on specialty tech stock Toast (TOST -4.83%). The analyst is concerned that the company will face mounting competition, and will struggle to win the large clients it needs to ...

There are still great stocks on the market at great prices.Is it really possible that a stock down 63% is worth buying today? Does that mean the investing community is getting something wrong?Toast (TOST 0.22%) stock is reporting strong growth metrics, but its stock has plummeted. Let's see why it has been declining, what investors might be missing, and its plunging price could be an opportunity.What does Toast do anyway?Toast is a tech company that provides software-as-a-service (SaaS) solutions for the re ...

Toast (TOST 3.42%) is a little rough around the edges. The company has made a few notable missteps in recent quarters, adding friction to what could have been a triumphant rebound.Instead, Toast's stock still trades 66% below the all-time highs it set just before the inflation crisis started in 2021. The fast-growing provider of software tools and payment services for restaurant management is unprofitable and a downright controversial investing idea.Even so, I think Toast is a fantastic growth stock to buy ...

Lauri Patterson/E+ via Getty Images Introduction & Investment Thesis I initiated a Buy rating on Toast (NYSE:TOST) on January 17, 2024. Since then, the stock has climbed 34%. My buy thesis was predicated on my belief that the company should continue to see deeper market penetration as it successfully drives adoption of its product modules in restaurant locations in the US. At the same time, I was also impressed by the management's discipline to streamline operational efficiencies. The company announced its ...

BOSTON--(BUSINESS WIRE)--Toast (NYSE: TOST), the all-in-one digital platform built for restaurants, today announced its Q4 2023 Restaurant Trends Report, providing insight into the overall state of the U.S. restaurant industry through an analysis of aggregated data from selected cohorts of restaurants and in select U.S. metropolitan areas on the Toast platform, which serves approximately 106,000 restaurant locations as of December 31, 2023. Read more details about our methodology below. This report looks i ...

Shares of Toast (TOST 4.29%) gained a tasty 29.4% in February 2024, according to data from S&P Global Market Intelligence. The provider of cloud-based tools and supporting hardware for restaurant management services erased about five months of bearish market action by means of a fantastic earnings report.Analyzing Toast's holiday quarter by the numbersToast's stellar gains hinged on its fourth-quarter earnings report on Feb. 15, which inspired a 17% price gain the next day.The average Wall Street analyst ha ...

Schaeffer's Weekend Trader subscribers are already seeing profits in March. In fact, they saw a 100% gain in just one week with our Toast Inc (NYSE:TOST) April 20 call recommendation. Below, we will further explore how our traders knew this would be a winning play.At the time of our recommendation on Friday, Feb. 25, the shares were trading above the $20 region, which was half their initial public offering (IPO) price of $40 back in 2021. Toast stock had also gapped to multi-month highs after its quarterly ...