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Options Traders Enjoyed the Taste of Toast Stock's Rally
Schaeffers Research· 2024-03-06 01:38
Schaeffer's Weekend Trader subscribers are already seeing profits in March. In fact, they saw a 100% gain in just one week with our Toast Inc (NYSE:TOST) April 20 call recommendation. Below, we will further explore how our traders knew this would be a winning play. At the time of our recommendation on Friday, Feb. 25, the shares were trading above the $20 region, which was half their initial public offering (IPO) price of $40 back in 2021. Toast stock had also gapped to multi-month highs after its quarterly ...
Toast Stock Has 31% Upside, According to 1 Wall Street Analyst
The Motley Fool· 2024-03-05 18:05
Toast公司业绩表现 - Toast的云技术平台在餐饮行业中需求增长迅速,股价今年上涨34%[1] - Evercore ISI Group分析师给予Toast股票买入评级和32美元的目标价,预计短期内有31%的上涨空间[2] - Toast在竞争激烈的餐厅软件市场中表现出色,尽管去年报告了2.46亿美元的净亏损,但持续增长的营收表明公司具有被低估的优势[3] Toast公司市场表现 - Toast提供了餐厅业主需要的解决方案,易于员工使用并提高业务效率,截至2023年底已有超过10.6万家餐厅使用其平台,仅第四季度就新增了6500家餐厅[4] - CEO Aman Narang表示Toast正在成为整个餐饮行业的“首选技术平台”,管理层认为未来有更多增长收入的方式,包括定价、提供更多服务和改进平台功能[5] - 如果Toast继续赢得市场份额,缩小净亏损,更多分析师可能会跟随Evercore的建议将股票评级升级为买入,这可能提高股票的市场情绪并在未来一年推高股价,Toast似乎正处于一个重大增长机会的早期阶段[6]
Toast(TOST) - 2023 Q4 - Annual Report
2024-02-27 00:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-40819 TOAST, INC. (Exact name of registrant as specified in its charter) Delaware 45-4168768 (State or other jurisdiction of incorpo ...
Where Will Toast Stock Be in 3 Years?
The Motley Fool· 2024-02-22 20:45
If you're in the restaurant business, you may well have heard of Toast (TOST -4.73%). The company provides a range of software-as-a-service products and financial solutions for restaurants. The goal: allowing owners and operators to better manage their locations via a digital toolkit that allows for smooth functioning and minimal disruption. In other words, Toast aims to be a restaurant's all-in-one operating system. However, the growth tech stock hasn't really taken very good care of its shareholders. It's ...
Caribou Coffee Selects Toast to Support Growing Coffeehouse Footprint
Businesswire· 2024-02-21 21:00
BOSTON--(BUSINESS WIRE)--Toast (NYSE: TOST), the digital technology platform built for restaurants, today announced an agreement with Caribou Coffee to implement Toast Enterprise Solutions across 500 initial coffeehouse locations in the United States. In addition to Toast point-of-sale (POS) terminals, Caribou Coffee will use Toast Payments, Kitchen Display Systems (KDS), and Multi-Location Management. Caribou Coffee has made significant progress in its retail expansion plan through company-owned developmen ...
Toast (TOST) Just Overtook the 200-Day Moving Average
Zacks Investment Research· 2024-02-19 23:31
Toast (TOST) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, TOST broke through the 200-day moving average, which suggests a long-term bullish trend. The 200-day simple moving average is widely-used by traders and analysts, and helps establish market trends for stocks, commodities, indexes, and other financial instruments over the long term. The indicator moves higher or lower together with longer-term price moves, serving as a support or r ...
Toast Stock Soars After Earnings -- Why Not Just Buy Block Stock?
The Motley Fool· 2024-02-17 05:18
股价涨幅 - Toast (TOST)最近的财报显示16.77%的股价涨幅[1] 投资建议 - 作者认为持有Block股票更有意义[1]
Why Toast Stock Is Skyrocketing Today
The Motley Fool· 2024-02-17 03:25
Toast (TOST 15.96%) stock is posting big gains Friday trading. The fintech company's share price was up 15.3% as of 2 p.m. ET, according to data from S&P Global Market Intelligence. Toast stock is gaining ground following the publication of the company's fourth-quarter earnings results. While the company's sales for the period fell short of the market's target, earnings came in better than expected. The company also announced it would be reducing expenses by trimming its workforce. Sales and margins were st ...
Toast Stock Rises on Layoffs, Quarterly Win
Schaeffers Research· 2024-02-17 01:04
Toast Inc (NYSE:TOST) stock is up 15.2% at $22.16 at last check, after the software company beat fourth- quarter expectations and announced it will lay off 550 workers. No fewer than seven brokerages hiked their price objectives in response, including Needham to $26 from $20. Analysts are mostly skeptical toward TOST, with 12 of the 22 still calling it a tepid "hold," while the 12-month consensus target price of $21.74 is still a 1.7% discount to current levels. This means there is still room for additional ...
Toast(TOST) - 2023 Q4 - Earnings Call Transcript
2024-02-16 10:56
业绩总结 - 公司在 2023 年第四季度结束时,餐厅数量增长了 34%,达到约 106,000 家[23] - 公司在 SMB 市场段的增长势头强劲,已经将飞轮市场数量翻倍,占比达到 30%[25] - 公司在中型市场段也有增长,包括 Wetzel's Pretzels, The 99, Dirty Dough, Romano's Macaroni Grill 等品牌加入[29] - 公司在全球市场的扩张也在逐渐增长,预计 ARPU 会继续增加,GPV 保持高于行业平均水平[28] - 公司在中国市场取得了 iPhone 销售收入创纪录,达到 967.7 亿美元[110] - Urban Prime选择了Toast consolodate他们的业务,利用了我们的POS终端、Toast handle设备、pitch-display系统、在线订购、礼品卡和营销[31] - 在2023年,我们的总ARR同比增长了35%。我们相信在现有市场中还有增长空间,同时也在通过产品创新、定价和持续投资来提高ARR[35] - 我们与Choice Hotels达成协议,Toast将成为Cambria和Radisson酒店的品牌标准,同时也是其他Choice品牌的合格供应商[43] - 我们的调整后EBITDA达到了6100万美元,同比增长了1.75亿美元[49] - 我们的董事会批准了2.5亿美元的股票回购授权,将根据市场情况进行灵活运用[53] - 在2023年,Toast处理了超过1250亿美元的支付交易额,同比增长了38%[60] - ARR同比增长了35%,总的金融科技和订阅毛利润同比增长了49%[61] - 我们的调整后EBITDA达到了6100万美元,占我们的重复毛利润流的6%,比2022年提高了22个百分点[62] - 我们的2024年指导中值为重复毛利润流增长24%,调整后EBITDA为2.1亿美元,这将使我们在2025年上半年实现GAAP营业利润盈利[62] - 我们宣布了2.5亿美元的股票回购计划[63] - 公司在第四季度增加了超过6,500个净位置,使得总位置数达到约106,000个,同比增长34%[65] - SaaS ARR同比增长43%,主要受到位置增长和SaaS ARPU增长的推动[65] - 第四季度GPV为337亿美元,同比增长32%[67] - 第四季度非支付类金融科技解决方案(如Toast Capital)在Q4贡献了3400万美元的毛利,反映出稳健的需求[69] - 调整后的EBITDA为2900万美元,同比增长19个百分点,主要受到强劲的营收增长和运营杠杆的推动[82] - 自由现金流在第四季度达到8100万美元,全年达到9300万美元,我们将超过100%的调整后EBITDA转化为自由现金流[83] - 预计2024年的营收增长率为22%,调整后EBITDA在中点为2000万美元[88] - 预计2024年的调整后EBITDA中点为2.1亿美元,相对于2023年将实现近1.5亿美元的改善和10个百分点的利润率扩张[91] - 我们的目标是将股权补偿从2023年的27%降至中期内的低两位数,通过严格的人员管理、股权授予实践的变化和在未来几年内2021年和2022年的大额授予的逐渐减少[93] - 我们承诺将总稀释率保持在每年不到2%的水平[94] - 随着调整后EBITDA利润率的持续扩张和股权补偿的杠杆作用,我们有望在2025年上半年实现GAAP营业利润[95] - 公司计划在第二季度举办分析师日,深入了解业务并分享更多关于市场机会和战略的信息[101] - 公司计划逐步使用定价作为更广泛战略的一部分,并逐渐提高现有客户的价格[107] - Toast Capital的表现良好,客户需求稳定,违约率符合预期,公司对该计划非常有信心[112] - 在第四季度,公司的核心收费率为42个基点,其中有一些客户信用额度[120] - 长期来看,公司将继续优化收费率,并逐渐提高[123] - 公司看到新餐厅的开业和现有餐厅的销售团队能够继续在市场上获得份额[127] - 公司12年来一直致力于为餐厅行业构建目的明确的平台[131] - 近期,中小型企业继续推动了大部分的增长,我们看到随着市场份额的增加,越来越多的市场进入了20%以上的份额[132] - 我们正在扩大产品范围,以适应更广泛的总地址模型,包括美国总地址模型、企业市场以及中市场和DSMB,以及国际市场[133] - 我们预计ARPU将继续增长,成为增长的一个向量[134] - 我们刚刚推出了3.0版的定价和打包,这真的有助于我们的新业务代表优化总地址增长,同时最大化我们的ARPU[136] - 我们看到员工云产品、金融科技产品和客户产品的健康增长[137] - 即使在我们市场份额最高的市场,我们仍然看到一些最强的代表生产力和最强的转化生产力[142] - 我们在这些市场看到了巨大的增长潜力,这仍然是可能性的早期阶段[146] - 我们对EBITDA指导没有长期变化[152] - Q1通常会有更高的影响,然后随着一年的进展,我们会继续优化成本[154] - 公司在国际市场的增长表现良好,特别是在餐饮零售领域[170] - 公司在国际市场的平均SaaS ARPU较低,但随着产品组合的增加,预计会逐渐接近美国市场水平[172] - 公司在国际市场的客户群体与美国市场并无太大差异[173] - 公司在努力提高效率,今年已经实现了超过1.