Toast Stock Soared In 2024. This Is How The IPO Stock Plans To Keep Making Strides.
IPO stock Toast made its debut on the New York Stock Exchange around four years ago.
Toast: Patient Investors Will Be Richly Rewarded From Market Expansion
I downgraded Toast to a “hold” after five consecutive “buy” ratings in my previous post due to a shrinking upside after a 120%+ gain, despite strong long-term growth prospects. Toast's Q4 FY24 earnings saw its revenue and Adjusted EBITDA grow 29% and 87% YoY respectively, while turning GAAP profitable as management continued to deliver on its strategic priorities. Management's FY25 guidance indicates slower growth, with 23-25% YoY gross profit growth and $520M Adjusted EBITDA, amid macroeconomic uncertainties and potential margin pressures.
Toast Has Fallen Far Enough, It's Time To Buy Back In (Upgrade)
Toast's stock has dropped ~20% from recent peaks in the mid-$40s, creating an opportune re-entry point. I'm upgrading the stock back to a buy rating. Though still not a cheap stock, Toast is now trading at a ~37x forward adjusted EBITDA multiple for ~40% expected EBITDA growth in FY25. Toast's Q4 revenue and ARR saw acceleration to a ~30% clip, despite a tough macro environment for restaurants.
Investors Heavily Search Toast, Inc. (TOST): Here is What You Need to Know
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 Posts Q4 Revenue Beat, Analysts Expect Fintech Pricing To Drive 2025 Growth
Shares of Toast Inc TOST tanked in early trading on Thursday, after the company reported mixed fourth-quarter results.
Toast, Inc. (TOST) Q4 2024 Earnings Call Transcript
Toast, Inc. (NYSE:TOST ) Q4 2024 Earnings Conference Call February 19, 2025 5:00 PM ET Company Participants Michael Senno - Senior Vice President, Finance Aman Narang - Chief Executive Officer & Co-Founder Elena Gomez - Chief Financial Officer Conference Call Participants Will Nance - Goldman Sachs Joshua Baer - Morgan Stanley David Hynes - Canaccord Genuity Timothy Chiodo - UBS Dan Dolev - Mizuho Samad Samana - Jefferies Harshita Rawat - Bernstein Bryan Keane - Deutsche Bank Operator Good afternoon. My name is Sarah, and I will be your conference operator today.
Here's What Key Metrics Tell Us About Toast (TOST) Q4 Earnings
The headline numbers for Toast (TOST) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Toast (TOST) Q4 Earnings Lag Estimates
Toast (TOST) came out with quarterly earnings of $0.05 per share, missing the Zacks Consensus Estimate of $0.06 per share. This compares to loss of $0.07 per share a year ago.
Toast: Q4 Revenue Beats, EPS Misses
Toast (TOST -4.61%), a prominent provider of cloud-based digital technology platforms for restaurants, reported mixed Q4 2024 earnings on Wednesday, Feb. 19. Revenue for the quarter jumped 29% year over year to $1.34 billion, exceeding the analysts' estimate of $1.31 billion.
Final Trades: Toast, Nexstar Media Group, Salesforce and Intuitive Surgical
The Investment Committee give you their top stocks to watch for the second half.
3 Reasons to Buy Toast Stock Like There's No Tomorrow
After a banner year in 2024, the S&P 500 is starting to make a steady climb in 2025. It's up 3% this year, and some of its largest components, like Apple and Amazon, have already reported fourth-quarter earnings.
Final Trades: Toast, CME Group, Goldman Sachs and Diamondback Energy
The Investment Committee give you their top stocks to watch for the second half.
