Company Performance - Toast (TOST) closed at $36.70, down 1.26% from the previous session, underperforming the S&P 500's gain of 0.58% [1] - Over the past month, Toast shares have depreciated by 9.16%, while the Computer and Technology sector gained 6.37% and the S&P 500 gained 3.68% [1] Upcoming Earnings - Toast is expected to report an EPS of $0.24, reflecting a growth of 242.86% year-over-year [2] - Revenue is projected to be $1.59 billion, up 21.56% from the same quarter last year [2] Fiscal Year Estimates - For the entire fiscal year, earnings are estimated at $0.94 per share, indicating a growth of 3033.33% from the previous year [3] - Revenue for the fiscal year is projected at $6.07 billion, representing a 22.34% increase from the prior year [3] Analyst Estimates and Stock Performance - Recent analyst estimate revisions are crucial as they reflect near-term business trends, with positive revisions indicating a favorable business outlook [3] - The Zacks Consensus EPS estimate has decreased by 5.12% in the past month, and Toast currently holds a Zacks Rank of 3 (Hold) [5] Valuation Metrics - Toast has a Forward P/E ratio of 39.4, which is a premium compared to the industry average Forward P/E of 29.68 [6] - The Internet - Software industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 85, placing it in the top 35% of over 250 industries [6]
Toast (TOST) Stock Slides as Market Rises: Facts to Know Before You Trade