Toast (TOST) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Toast (TOST) closed the most recent trading day at $28.56, moving +0.88% from the previous trading session.
Toast (TOST) closed the most recent trading day at $27.65, moving -0.22% from the previous trading session.
Toast is gaining from increasing ARR and ARPU, mainly driven by large repeat customers and market expansion.
Toast (TOST) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
In the most recent trading session, Toast (TOST) closed at $26.19, indicating a +0.38% shift from the previous trading day.
Toast (TOST) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Toast positions itself as the operating system for its restaurant clients. Toast has a sizable opportunity to grow its customer base in the U.S. and internationally.
Shares of Toast have rallied after posting strong Q2 results, bringing YTD gains above 30%. The company has raised its full-year adjusted EBITDA expectations for FY24, highlighting the efficiencies gained from its restructuring as well as strong new location expansion. At a >40x adjusted EBITDA multiple amid a potential macro downturn, especially for restaurants, Toast bears some added risk.
Toast (TOST) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
American stocks finished strong as the Dow Jones, Nasdaq 100, and S&P 500 indices pared back the losses made on Monday. The three indices rose to almost $40,000, $5,345, and $16,745, respectively.
The restaurant software specialist turned in an unexpected profit and raised guidance. Its shares look inexpensive given the growth opportunities in front of it.