Toast (TOST) Expected to Announce Quarterly Earnings on Thursday

Toast (NYSE:TOST) will likely be releasing its Q1 2025 earnings data after the market closes on Thursday, May 8th. Analysts expect Toast to post earnings of $0.19 per share and revenue of $1.35 billion for the quarter.

Toast (NYSE:TOST) last announced its earnings results on Wednesday, February 19th. The company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.06 by ($0.01). The business had revenue of $1.34 billion for the quarter, compared to the consensus estimate of $1.32 billion. Toast had a net margin of 0.40% and a return on equity of 1.54%. On average, analysts expect Toast to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Toast Stock Down 1.8 %

Shares of NYSE TOST opened at $35.18 on Wednesday. Toast has a 12 month low of $21.32 and a 12 month high of $44.12. The company has a market cap of $17.50 billion, a P/E ratio of -3,514.79, a P/E/G ratio of 2.16 and a beta of 1.98. The business’s 50 day moving average is $34.51 and its two-hundred day moving average is $36.69.

Insider Buying and Selling

In other news, Director Christopher P. Comparato sold 70,000 shares of the company’s stock in a transaction dated Thursday, April 17th. The shares were sold at an average price of $34.21, for a total transaction of $2,394,700.00. Following the transaction, the director now owns 179,316 shares in the company, valued at approximately $6,134,400.36. This represents a 28.08 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, President Stephen Fredette sold 70,340 shares of the firm’s stock in a transaction that occurred on Friday, March 7th. The shares were sold at an average price of $33.87, for a total value of $2,382,415.80. Following the completion of the sale, the president now directly owns 1,574,316 shares of the company’s stock, valued at $53,322,082.92. This trade represents a 4.28 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 335,991 shares of company stock valued at $11,614,520 over the last ninety days. 13.32% of the stock is owned by company insiders.

Analyst Ratings Changes

Several equities analysts have commented on TOST shares. JPMorgan Chase & Co. upped their price target on Toast from $36.00 to $42.00 and gave the company a “neutral” rating in a report on Thursday, February 20th. DA Davidson decreased their target price on shares of Toast from $42.00 to $40.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 30th. Morgan Stanley cut their target price on Toast from $50.00 to $46.00 and set an “overweight” rating for the company in a research report on Wednesday, April 16th. Canaccord Genuity Group boosted their target price on Toast from $43.00 to $48.00 and gave the stock a “buy” rating in a report on Thursday, February 20th. Finally, Evercore ISI started coverage on shares of Toast in a research report on Wednesday, April 9th. They set an “in-line” rating and a $29.00 target price on the stock. Thirteen analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Toast has an average rating of “Hold” and an average target price of $40.35.

About Toast

Toast, Inc operates a cloud-based digital technology platform for the restaurant industry in the United States, Ireland, and India. The company offers software products for restaurant operations and point of sale, such as Toast POS, Toast now, multi-location management, kitchen display system, Toast mobile order and pay, Toast catering and events, Toast invoicing, Toast tables, and restaurant retail; and hardware products, including Toast flex, Toast flex for guest, Toast go 2, Toast tap, kiosks, and Delphi by Toast.