Toast (TOST) Outperforms Broader Market: What You Need to Know

Group 1 - Toast's stock increased by 2.38% to $43.36, outperforming the S&P 500's daily gain of 0.96% [1] - Over the past month, Toast's shares have decreased by 0.33%, underperforming the Computer and Technology sector's gain of 2.53% and the S&P 500's gain of 0.5% [1] Group 2 - Upcoming earnings disclosure is expected to show an EPS of $0.23, a 1050% increase year-over-year, with projected revenue of $1.53 billion, reflecting a 23.45% rise [2] - For the full year, earnings are projected at $0.95 per share and revenue at $6.01 billion, representing increases of 3066.67% and 21.23% respectively from the prior year [3] Group 3 - Recent revisions to analyst forecasts for Toast are important as they indicate changing near-term business trends, with positive revisions suggesting a favorable outlook on business health and profitability [4] - Estimate revisions are correlated with near-term share price momentum, which is utilized in the Zacks Rank system to provide a rating [5] Group 4 - The Zacks Rank system, ranging from 1 (Strong Buy) to 5 (Strong Sell), has shown an average annual return of +25% for 1 stocks since 1988, with Toast currently holding a Zacks Rank of 3 (Hold) [6] Group 5 - Toast's Forward P/E ratio is 44.67, indicating a premium compared to the industry average Forward P/E of 27.81 [7] - The Internet - Software industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 54, placing it in the top 22% of over 250 industries [7][8]