Deep Dive Into Toast Stock: Analyst Perspectives (15 Ratings)
Portfolio Pulse from Benzinga Insights
Toast (NYSE:TOST) has been analyzed by 15 analysts, showing diverse opinions with 4 bullish and 3 somewhat bullish ratings, among others. The average 12-month price target is $19.27, down from $23.20. Analysts from firms like Goldman Sachs and Morgan Stanley have adjusted their ratings and price targets, reflecting changes in market conditions and company performance. Toast, a restaurant technology company, has seen a 37.23% revenue growth rate but has below-average net margin and ROE. The company's market cap is below industry averages, and it has a low debt-to-equity ratio of 0.03.
January 11, 2024 | 3:01 pm
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Toast has received varied analyst ratings with a downward revision in the average price target to $19.27. The company shows strong revenue growth but struggles with profitability and ROE.
The mixed analyst ratings and the downward revision in price targets suggest uncertainty, which could lead to a neutral short-term impact on the stock price. The strong revenue growth is positive, but concerns about profitability and ROE may temper investor enthusiasm.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100