Why Do You Need To Add Toast Inc (TOST) To Your Portfolio?

Toast Inc (NYSE:TOST) has a beta value of 1.78 and has seen 3.92 million shares traded in the last trading session. The company, currently valued at $13.29B, closed the last trade at $23.63 per share which meant it lost -$0.31 on the day or -1.29% during that session. The TOST stock price is -14.26% off its 52-week high price of $27.00 and 41.73% above the 52-week low of $13.77. The 3-month trading volume is 7.65 million shares.

Toast Inc (NYSE:TOST) trade information

Sporting -1.29% in the red in last session, the stock has traded in the green over the last five days, when the TOST stock price touched $23.63 or saw a rise of 3.86%. Year-to-date, Toast Inc shares have moved 29.41%, while the 5-day performance has seen it change 1.90%. Over the past 30 days, the shares of Toast Inc (NYSE:TOST) have changed -2.88%.

Toast Inc (TOST) estimates and forecasts

Figures show that Toast Inc shares have outperformed across the wider relevant industry. The company’s shares have gained 49.84% over the past 6 months, with this year growth rate of 53.19%, compared to 20.80% for the industry. Other than that, the company has, however, increased its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are 6.70% and 78.90% for the next quarter. Revenue growth from the last financial year stood is estimated to be 25.60%.

20 analysts offering their estimates for the company have set an average revenue estimate of $1.04 billion for the current quarter. 20 have an estimated revenue figure of $1.23 billion for the next quarter concluding in Jun 2024. Year-ago sales stood $764.04 million and $978 million respectively for this quarter and the next, and analysts expect sales will grow by 36.30% for the current quarter and 25.40% for the next.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -2.90% over the past 5 years. Earnings growth for 2024 is a modest 327.65% while over the next 5 years, the company’s earnings are expected to decrease by -14.83%.

TOST Dividends

Toast Inc is expected to release its next earnings report in June this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.