Toast, Inc. (NYSE:TOST) to Post Q1 2025 Earnings of $0.06 Per Share, Wedbush Forecasts

Toast, Inc. (NYSE:TOST) – Analysts at Wedbush issued their Q1 2025 earnings per share estimates for Toast in a report released on Friday, September 6th. Wedbush analyst N. Setyan anticipates that the company will post earnings per share of $0.06 for the quarter. Wedbush currently has a “Strong-Buy” rating on the stock. The consensus estimate for Toast’s current full-year earnings is ($0.10) per share. Wedbush also issued estimates for Toast’s Q2 2025 earnings at $0.10 EPS, Q3 2025 earnings at $0.11 EPS and Q4 2025 earnings at $0.09 EPS.

Toast (NYSE:TOST) last issued its quarterly earnings data on Tuesday, August 6th. The company reported $0.02 earnings per share for the quarter, topping the consensus estimate of ($0.02) by $0.04. Toast had a negative net margin of 3.10% and a negative return on equity of 11.27%. The business had revenue of $1.24 billion during the quarter, compared to analysts’ expectations of $1.22 billion. During the same quarter in the previous year, the company earned ($0.19) EPS. The business’s revenue was up 27.0% on a year-over-year basis.

A number of other equities analysts have also commented on the company. Stephens restated an “equal weight” rating and set a $28.00 price objective on shares of Toast in a research note on Thursday, May 30th. Morgan Stanley boosted their price target on Toast from $29.00 to $30.00 and gave the company an “overweight” rating in a research note on Wednesday, August 7th. JPMorgan Chase & Co. raised their target price on shares of Toast from $25.00 to $28.00 and gave the company a “neutral” rating in a report on Tuesday, August 20th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $27.00 price target on shares of Toast in a report on Wednesday, August 7th. Finally, Keefe, Bruyette & Woods reissued a “market perform” rating and issued a $26.00 price objective on shares of Toast in a research note on Wednesday, May 29th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Toast has an average rating of “Moderate Buy” and a consensus target price of $28.22.

Toast Trading Up 0.3 %

NYSE TOST opened at $23.69 on Monday. The company has a market cap of $10.73 billion, a price-to-earnings ratio of -47.38 and a beta of 1.75. The company has a 50 day moving average of $24.90 and a 200-day moving average of $24.38. Toast has a 1-year low of $13.77 and a 1-year high of $27.90.

Insider Buying and Selling at Toast

In other news, President Stephen Fredette sold 3,810 shares of the business’s stock in a transaction that occurred on Tuesday, July 2nd. The shares were sold at an average price of $25.64, for a total value of $97,688.40. Following the transaction, the president now owns 2,847,315 shares in the company, valued at approximately $73,005,156.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, President Stephen Fredette sold 3,810 shares of the company’s stock in a transaction dated Tuesday, July 2nd. The stock was sold at an average price of $25.64, for a total transaction of $97,688.40. Following the sale, the president now owns 2,847,315 shares in the company, valued at approximately $73,005,156.60. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Christopher P. Comparato sold 100,000 shares of Toast stock in a transaction on Tuesday, August 20th. The shares were sold at an average price of $24.35, for a total transaction of $2,435,000.00. Following the completion of the sale, the director now directly owns 120,107 shares of the company’s stock, valued at $2,924,605.45. The disclosure for this sale can be found here. In the last quarter, insiders have sold 418,352 shares of company stock worth $10,526,982. Insiders own 13.32% of the company’s stock.

Hedge Funds Weigh In On Toast

Several institutional investors have recently added to or reduced their stakes in TOST. Charles Schwab Investment Management Inc. increased its holdings in Toast by 7.0% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,310,196 shares of the company’s stock worth $42,184,000 after acquiring an additional 150,425 shares during the last quarter. Meritage Group LP bought a new stake in Toast during the 4th quarter valued at $70,270,000. Susquehanna Fundamental Investments LLC purchased a new stake in shares of Toast during the first quarter worth $5,078,000. Syon Capital LLC bought a new position in shares of Toast in the fourth quarter worth $377,000. Finally, Robeco Institutional Asset Management B.V. increased its position in shares of Toast by 8,092.0% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 69,386 shares of the company’s stock valued at $1,267,000 after buying an additional 68,539 shares during the period. Institutional investors own 82.91% 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.