Toast Stock Jumps After Growing Revenue 31% and Raising Guidance. Is It Too Late to Buy the Stock?
Toast aims to be the go-to software platform for the restaurant industry.Shares of Toast (TOST 0.04%) soared higher after the restaurant-focused fintech company reported strong first-quarter results and increased its guidance.With the stock up over 45% year to date, is it too late for investors to jump on board? Let's look at the company's most recent quarterly results, future prospects, and valuation to find the answer.A stellar Q1 and increased guidanceToast saw its Q1 revenue climb 31% to $1.08 billion. ...