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Toast (TOST) Declines More Than Market: Some Information for Investors
ToastToast(US:TOST) ZACKSยท2024-10-22 23:06

Group 1 - Toast (TOST) stock closed at $29.37, with a slight decrease of -0.51% compared to the previous day, underperforming the S&P 500's daily loss of 0.05% [1] - Over the past month, Toast's shares increased by 6.76%, outperforming the Computer and Technology sector's gain of 3.5% and the S&P 500's gain of 2.76% [1] - The upcoming earnings report is expected to show an EPS of $0.01, representing a significant increase of 111.11% year-over-year, with projected revenue of $1.29 billion, up 24.78% from the previous year [1] Group 2 - For the full year, Zacks Consensus Estimates predict earnings of -$0.10 per share and revenue of $4.9 billion, indicating year-over-year increases of 78.72% and 26.75%, respectively [2] - Recent analyst estimate revisions indicate a positive outlook for Toast's business operations and profitability, which are correlated with stock price performance [2] - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently rates Toast at 3 (Hold), with a historical average annual return of +25% for stocks rated 1 since 1988 [3] Group 3 - The Internet - Software industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 57, placing it in the top 23% of over 250 industries [3] - The Zacks Industry Rank measures the strength of industry groups based on the average Zacks Rank of individual stocks, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [3]