Research Analysts Set Expectations for Toast Q1 Earnings

Toast, Inc. (NYSE:TOST) – Equities researchers at William Blair issued their Q1 2025 earnings per share estimates for shares of Toast in a note issued to investors on Wednesday, February 19th. William Blair analyst S. Sheldon anticipates that the company will earn $0.09 per share for the quarter. The consensus estimate for Toast’s current full-year earnings is $0.39 per share. William Blair also issued estimates for Toast’s Q2 2025 earnings at $0.12 EPS, Q3 2025 earnings at $0.17 EPS and Q4 2025 earnings at $0.15 EPS.

A number of other equities research analysts have also issued reports on TOST. BMO Capital Markets upped their target price on Toast from $46.00 to $48.00 and gave the company an “outperform” rating in a research note on Thursday, February 20th. Keefe, Bruyette & Woods upped their target price on Toast from $40.00 to $42.00 and gave the company a “market perform” rating in a research note on Thursday, February 20th. Canaccord Genuity Group upped their target price on Toast from $43.00 to $48.00 and gave the company a “buy” rating in a research note on Thursday, February 20th. JPMorgan Chase & Co. upped their target price on Toast from $36.00 to $42.00 and gave the company a “neutral” rating in a research note on Thursday, February 20th. Finally, The Goldman Sachs Group set a $40.00 target price on Toast and gave the company a “neutral” rating in a research note on Wednesday, February 19th. One investment analyst has rated the stock with a sell rating, twelve have assigned a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat.com, Toast has an average rating of “Hold” and a consensus price target of $40.09.

Toast Price Performance

TOST opened at $36.13 on Monday. The stock has a market cap of $17.02 billion, a P/E ratio of -3,609.79, a P/E/G ratio of 2.16 and a beta of 1.98. The stock’s 50 day simple moving average is $38.53 and its 200 day simple moving average is $33.77. Toast has a 1-year low of $21.02 and a 1-year high of $44.12.

Toast (NYSE:TOST) last released its quarterly earnings results on Wednesday, February 19th. The company reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.01). The firm had revenue of $1.34 billion during the quarter, compared to analyst estimates of $1.32 billion. Toast had a return on equity of 1.54% and a net margin of 0.40%.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in TOST. Private Advisor Group LLC increased its stake in shares of Toast by 1.6% during the third quarter. Private Advisor Group LLC now owns 28,151 shares of the company’s stock valued at $797,000 after acquiring an additional 441 shares during the period. International Assets Investment Management LLC increased its stake in shares of Toast by 2,731.0% during the third quarter. International Assets Investment Management LLC now owns 95,971 shares of the company’s stock valued at $2,717,000 after acquiring an additional 92,581 shares during the period. E. Ohman J or Asset Management AB acquired a new position in shares of Toast during the third quarter valued at approximately $493,000. Ballentine Partners LLC acquired a new position in shares of Toast during the third quarter valued at approximately $207,000. Finally, Forsta AP Fonden acquired a new position in shares of Toast during the third quarter valued at approximately $2,276,000. Institutional investors and hedge funds own 82.91% of the company’s stock.

Insiders Place Their Bets

In other news, President Stephen Fredette sold 1,068 shares of Toast stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $39.63, for a total transaction of $42,324.84. Following the sale, the president now owns 1,644,656 shares of the company’s stock, valued at approximately $65,177,717.28. The trade was a 0.06 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Christopher P. Comparato sold 145,000 shares of Toast stock in a transaction that occurred on Thursday, December 19th. The shares were sold at an average price of $36.04, for a total value of $5,225,800.00. Following the sale, the director now directly owns 182,451 shares in the company, valued at approximately $6,575,534.04. This trade represents a 44.28 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 149,779 shares of company stock valued at $5,415,192 over the last quarter. Insiders own 13.32% of the company’s stock.

About Toast

Toast, Inc operates a cloud-based digital technology platform for the restaurant industry in the United States, Ireland, and India. The company offers software products for restaurant operations and point of sale, such as Toast POS, Toast now, multi-location management, kitchen display system, Toast mobile order and pay, Toast catering and events, Toast invoicing, Toast tables, and restaurant retail; and hardware products, including Toast flex, Toast flex for guest, Toast go 2, Toast tap, kiosks, and Delphi by Toast.