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Toast (TOST) Stock Drops Despite Market Gains: Important Facts to Note
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Toast (TOST - Free Report) closed the most recent trading day at $31.77, moving -1.12% from the previous trading session. The stock's performance was behind the S&P 500's daily gain of 0.6%. On the other hand, the Dow registered a gain of 0.03%, and the technology-centric Nasdaq increased by 1.18%.
Shares of the restaurant software provider have appreciated by 5.76% over the course of the past month, outperforming the Computer and Technology sector's loss of 6.18%, and the S&P 500's loss of 0.79%.
The investment community will be closely monitoring the performance of Toast in its forthcoming earnings report. The company is scheduled to release its earnings on November 3, 2026. The company is predicted to post an EPS of $0.37, indicating a 48% growth compared to the equivalent quarter last year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.96 billion, up 20.3% from the year-ago period.
For the full year, the Zacks Consensus Estimates project earnings of $1.41 per share and a revenue of $7.44 billion, demonstrating changes of +58.43% and +20.95%, respectively, from the preceding year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Toast. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Toast currently has a Zacks Rank of #3 (Hold).
In terms of valuation, Toast is currently trading at a Forward P/E ratio of 22.83. This represents a premium compared to its industry average Forward P/E of 21.46.
The Internet - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 90, putting it in the top 37% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
View the Zacks #1 Rank List
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Toast (TOST) Stock Drops Despite Market Gains: Important Facts to Note
Toast (TOST - Free Report) closed the most recent trading day at $31.77, moving -1.12% from the previous trading session. The stock's performance was behind the S&P 500's daily gain of 0.6%. On the other hand, the Dow registered a gain of 0.03%, and the technology-centric Nasdaq increased by 1.18%.
Shares of the restaurant software provider have appreciated by 5.76% over the course of the past month, outperforming the Computer and Technology sector's loss of 6.18%, and the S&P 500's loss of 0.79%.
The investment community will be closely monitoring the performance of Toast in its forthcoming earnings report. The company is scheduled to release its earnings on November 3, 2026. The company is predicted to post an EPS of $0.37, indicating a 48% growth compared to the equivalent quarter last year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.96 billion, up 20.3% from the year-ago period.
For the full year, the Zacks Consensus Estimates project earnings of $1.41 per share and a revenue of $7.44 billion, demonstrating changes of +58.43% and +20.95%, respectively, from the preceding year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Toast. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Toast currently has a Zacks Rank of #3 (Hold).
In terms of valuation, Toast is currently trading at a Forward P/E ratio of 22.83. This represents a premium compared to its industry average Forward P/E of 21.46.
The Internet - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 90, putting it in the top 37% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.