Toast Gains 2.5% as Shares Fall 26% Monthly, Eyes 380% EPS Growth
Toast’s shares rose 2.51% yesterday, outpacing the S&P’s 1.97% gain, though the stock has slid 26.13% over the past month versus a 3.67% sector loss. Investors eye February 12 earnings, with consensus projecting $0.24 EPS (380% growth) on $1.62 billion revenue (+21.1%).
1. Recent Stock Performance
Yesterday, Toast’s shares climbed 2.51% versus a 1.97% S&P gain, 2.47% Dow rise and 2.18% Nasdaq advance; however, the stock has declined 26.13% over the past month, surpassing the Computer and Technology sector’s 3.67% loss and the S&P’s 1.49% drop.
2. Upcoming Earnings Projections
Earnings on February 12 forecast $0.24 per share, reflecting 380% year-over-year growth, on $1.62 billion revenue, up 21.14% from the year-ago quarter; consensus for full-year results calls for $1.04 EPS (+3366.67%) and $6.14 billion revenue (+23.77%).
3. Valuation and Analyst Rating
Toast holds a Zacks Rank #3 (Hold) with a forward P/E ratio of 21.76, trading at a premium to the industry average of 19.86, suggesting valuation pressures even as estimate revisions remain flat over the past month.
4. Industry Positioning
The Internet-Software industry, part of the Computer and Technology sector, carries a Zacks Industry Rank of 93, placing it in the top 38% of over 250 industries, which historically correlates with outperformance among leading sectors.