Profile
Sector:
TechnologyIndustry:
Software InfrastructureCountry:
United StatesIPO:
22 September 2021Website:
http://www.toasttab.comNext earnings report:
08 August 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Mon, 01 Jul 2024 23:52:41 GMTDividend
Analysts recommendations
Institutional Ownership
TOST Latest News
Toast (TOST) reachead $25.72 at the closing of the latest trading day, reflecting no change compared to its last close.
Integration and Customer Support Emerge as Crucial Factors in Merchant Preferences for Payment Solutions Integration and Customer Support Emerge as Crucial Factors in Merchant Preferences for Payment Solutions
In the latest trading session, Toast (TOST) closed at $25.54, marking a +0.08% move from the previous day.
Despite initially rising post-Q1 earnings in early May, Toast has given up all of these gains in recent stock market volatility. The company raised its adjusted EBITDA expectations for the year by more than 20%. Toast is expanding its product offerings to suit multi-location enterprise customers, which will help to stabilize its ARR base.
Zacks.com users have recently been watching Toast (TOST) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Toast has compelling advantages over legacy restaurant systems. It's seeing high growth and adding thousands of locations to its platform.
BOSTON--(BUSINESS WIRE)--Toast Data: Coffee and Tea Trends in all 50 States, New Restaurant Wage Data, and Breakfast Performance.
The primary focus for this business continues to be growth, with a 31% increase in revenue in Q1. Although the business has not yet achieved profitability, it is working on building a competitive advantage.
Toast is currently experiencing significant organic customer growth, leading to improved profitability. The company provides subscription products that contribute to increasing profits for customers.
Can Toast (TOST) be a top choice for momentum investors? Let's see.
What type of business is Toast?
Toast, Inc. operates a cloud-based and digital technology platform for the restaurant industry in the United States and Ireland. The company offers Toast Point of Sale (POS), a hardware product; Toast Order & Pay, which allows guests to order and pay from their mobile devices; Toast Flex that is used for on-counter order and pay, as well as used as a server station, guest kiosk, kitchen display system, or order fulfillment station; Toast Go, a handheld POS device that enhances the table turn times through tableside ordering and payment acceptance; and Toast Tap, a card reader. It also provides kitchen display system software that connects the front of the house with the kitchen staff; multi-location management software, which allows customers to manage and standardize their operations and configure menus; xtraCHEF that provides back-office tools; and Toast Flex for Kitchen, a larger format mountable piece of hardware that can be used as a kitchen screen. In addition, the company offers Toast Online Ordering & Toast TakeOut app, a software-based platform that provides restaurants to take off-premises orders directly through their branded website; First-Party Delivery services for restaurants to manage a fleet of drivers, and customize delivery hours, zones, fees, and minimum ticket sizes; Toast Delivery Services, which enables restaurants to utilize a partner network of delivery drivers; and Toast Delivery Partners services. Further, it provides loyalty programs and gift cards; payroll and team management products; business owner policy insurance and restaurant-specific add-ons; payment processing solutions; loans advanced to restaurants; purchase financing; reporting and analytics solutions; Toast Partner Connect that allows customers to discover, select, and connect their restaurant to its partners; and bi-directional APIs. The company was incorporated in 2011 and is headquartered in Boston, Massachusetts.
What sector is Toast in?
Toast is in the Technology sector
What industry is Toast in?
Toast is in the Software Infrastructure industry
What country is Toast from?
Toast is headquartered in United States
When did Toast go public?
Toast initial public offering (IPO) was on 22 September 2021
What is Toast website?
https://www.toasttab.com
Is Toast in the S&P 500?
No, Toast is not included in the S&P 500 index
Is Toast in the NASDAQ 100?
No, Toast is not included in the NASDAQ 100 index
Is Toast in the Dow Jones?
No, Toast is not included in the Dow Jones index
When does Toast report earnings?
The next expected earnings date for Toast is 08 August 2024