Toast (TOST) Increases Yet Falls Behind Market: What Investors Need to Know

Company Performance - Toast (TOST) closed at $36.59, reflecting a +0.97% change, which underperformed compared to the S&P 500's 1.83% gain on the same day [1] - Over the past month, Toast's shares declined by 5.08%, compared to a 3.84% loss in the Computer and Technology sector and a 3.31% loss in the S&P 500 [1] Earnings Expectations - The upcoming earnings report for Toast is anticipated to show an EPS of $0.06, representing a significant increase of 185.71% from the same quarter last year [2] - Revenue is projected to reach $1.31 billion, marking a 26.45% increase from the prior-year quarter [2] Analyst Estimates - Recent modifications to analyst estimates for Toast are being closely monitored, as they reflect current business trends and can indicate optimism about the company's outlook [3] - A 2.16% decline in the Zacks Consensus EPS estimate has been noted over the past month, with Toast currently holding a Zacks Rank of 3 (Hold) [5] Valuation Metrics - Toast's Forward P/E ratio stands at 91.45, which is significantly higher than the industry's average Forward P/E of 27.77 [6] - The PEG ratio for Toast is currently 1.89, compared to the average PEG ratio of 2.05 for Internet - Software stocks [6] Industry Context - The Internet - Software industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 32, placing it in the top 13% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]