Toast (NYSE:TOST) to Repurchase $0.00 in Shares

Toast (NYSE:TOST) declared that its Board of Directors has authorized a stock buyback plan on Thursday, February 12th, RTT News reports. The company plans to repurchase $0.00 in shares. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s board believes its stock is undervalued.

Toast Price Performance

Shares of NYSE TOST opened at $27.24 on Friday. Toast has a 1-year low of $25.91 and a 1-year high of $49.66. The company has a market capitalization of $16.01 billion, a price-to-earnings ratio of 50.44 and a beta of 1.93. The business has a 50-day moving average of $33.55 and a 200-day moving average of $37.20.

Toast (NYSE:TOST) last released its quarterly earnings results on Thursday, February 12th. The company reported $0.16 EPS for the quarter, missing the consensus estimate of $0.24 by ($0.08). Toast had a return on equity of 18.86% and a net margin of 5.56%.The company had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.62 billion. During the same period last year, the firm posted $0.05 earnings per share. The business’s revenue was up 22.0% on a year-over-year basis. Research analysts expect that Toast will post 0.39 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts recently weighed in on the company. Weiss Ratings reiterated a “hold (c-)” rating on shares of Toast in a research report on Monday, December 29th. Needham & Company LLC dropped their price target on shares of Toast from $60.00 to $35.00 and set a “buy” rating for the company in a research report on Friday. Canaccord Genuity Group set a $37.00 price target on shares of Toast in a report on Friday. BNP Paribas Exane upgraded Toast from a “hold” rating to an “outperform” rating and set a $40.00 price objective for the company in a report on Monday, December 1st. Finally, Stephens set a $42.00 target price on Toast in a report on Friday, January 16th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $41.18.

Insiders Place Their Bets

In related news, CFO Elena Gomez sold 6,672 shares of the firm’s stock in a transaction on Monday, January 5th. The shares were sold at an average price of $34.38, for a total transaction of $229,383.36. Following the completion of the sale, the chief financial officer directly owned 162,153 shares of the company’s stock, valued at approximately $5,574,820.14. This trade represents a 3.95% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Aman Narang sold 8,591 shares of the business’s stock in a transaction on Monday, January 5th. The stock was sold at an average price of $34.38, for a total transaction of $295,358.58. Following the completion of the transaction, the chief executive officer owned 338,850 shares in the company, valued at $11,649,663. This represents a 2.47% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 100,856 shares of company stock valued at $3,540,449. Corporate insiders own 12.14% of the company’s stock.

More Toast News

Here are the key news stories impacting Toast this week:

• Positive Sentiment: Revenue and growth: Q4 revenue was $1.63B, up ~22% year-over-year and roughly in line with consensus, signaling sustained top-line momentum that supports longer‑term ARR expansion. Read More.
• Positive Sentiment: Analyst support remains: Major firms (Citigroup and Needham) kept “Buy” ratings even after trimming targets, which can limit downside from negative headlines and signals continued institutional conviction. Read More. Read More.
• Neutral Sentiment: Board authorizes buyback: The company announced a share-repurchase authorization; the report listed $0.00 in buyback dollars (no dollar amount disclosed), so the move signals intent but lacks immediate capital deployment details. Read More.
• Neutral Sentiment: Market commentary: Bullish analyst/guest pieces argue Toast’s ARR growth, margin expansion and industry position make it resilient amid sector pressures — helpful for sentiment but not new financial data. Read More.
• Negative Sentiment: EPS miss: Toast reported EPS below consensus ($0.16 reported vs. ~$0.24 expected per consensus), which is an earnings disappointment that likely pressured some short‑term investor sentiment. Read More.
• Negative Sentiment: Price target cuts: Citigroup cut its target from $51 to $42 and Needham trimmed theirs from $60 to $35 — reductions that reduce analyst-derived upside even though both maintained Buy ratings. Read More. Read More.

Toast Company Profile

Toast, Inc (NYSE: TOST) is a technology company that builds a cloud-based platform for restaurants and other foodservice businesses. Headquartered in Boston, Massachusetts, Toast offers integrated point-of-sale (POS) systems and a suite of software and hardware designed to streamline front-of-house and back-of-house operations. The company went public in 2021 and has positioned itself as a vertically integrated provider for the restaurant industry.

Toast’s product portfolio includes touchscreen POS terminals and handheld order-and-pay devices, kitchen display systems, and peripherals tailored for high-volume foodservice environments.