Toast (TOST) Beats Stock Market Upswing: What Investors Need to Know

Company Performance - Toast (TOST) stock closed at $47.31, reflecting a +1.7% change from the previous day's closing price, outperforming the S&P 500 which gained 0.14% [1] - The stock has increased by 9.85% over the past month, surpassing the Computer and Technology sector's gain of 7.37% and the S&P 500's gain of 5.35% [1] Upcoming Earnings - Analysts expect Toast to report earnings of $0.24 per share, indicating a year-over-year growth of 1100% [2] - Revenue is anticipated to be $1.53 billion, representing a 23.44% increase from the same quarter last year [2] Full-Year Estimates - Zacks Consensus Estimates project earnings of $0.95 per share and revenue of $6.01 billion for the full year, reflecting year-over-year changes of +3066.67% and +21.2%, respectively [3] - Recent changes in analyst estimates suggest positive sentiment regarding Toast's business and profitability [3] Valuation Metrics - Toast has a Forward P/E ratio of 49.07, which is a premium compared to the industry average Forward P/E of 29.16 [6] - The Internet - Software industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 79, placing it in the top 32% of over 250 industries [6] Zacks Rank System - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), indicates that Toast currently has a Zacks Rank of 4 (Sell) [5] - The Zacks Rank system has shown an average annual return of +25% for 1 ranked stocks since 1988 [5]