Latest news with #ToastInc
Globe and Mail
3 days ago
- Business
- Globe and Mail
AmEx Gets a Taste of Toast: And a Bigger Bite of Hospitality?
American Express Company AXP has formed a multi-year strategic partnership with Toast, Inc. TOST, a restaurant technology platform, to elevate hospitality experiences. As part of this move, AmEx is integrating guest data from its restaurant reservation platforms, Resy and Tock, into Toast's hardware and software systems. This means servers using Toast Go handhelds or POS terminals will now be able to access real-time guest preferences, enabling more personalized service. In addition, Resy and Tock listings will become visible on Toast's platforms, like Local by Toast and Toast Tables. This partnership is important because it strengthens AmEx's position in the restaurant and hospitality ecosystem. By merging its dining network with Toast's operational tools, AXP creates a more seamless guest experience while expanding its influence over the customer journey, from reservation to payment. It also helps differentiate AXP from competitors by linking card membership to exclusive, data-enhanced hospitality services. Financially, AmEx stands to benefit through increased cardmember engagement and spending. More personalized experiences can drive higher loyalty and usage of AmEx cards at participating venues. Restaurants using Toast may prefer AmEx partnerships due to the enhanced marketing, visibility and data access, potentially improving retention and attracting more restaurants to its platform. Overall, the collaboration positions AXP to deepen customer relationships and expand merchant acceptance, while Toast gains access to new traffic sources and tools to boost hospitality outcomes. Moves like this signal AmEx's growing focus on tech-savvy Millennials and Gen-Z consumers, who tend to spend more than their older counterparts. AmEx's Full-Course Advantage Over Visa & Mastercard AmEx sets itself apart from peers like Visa Inc. V and Mastercard Incorporated MA by integrating deeply into the hospitality journey, not just at payment, but from reservation to service. Through partnerships and acquisitions, AXP offers personalized dining experiences, like servers accessing guest preferences in real time. This end-to-end control allows AmEx to create value beyond transactions, reinforcing its premium image. Visa and Mastercard, as payments-focused networks, lack similar consumer-facing platforms. By owning key touchpoints and enhancing loyalty through exclusive services, AXP positions itself as more than a payment processor; it's a hospitality partner, offering benefits that peers cannot easily replicate. AmEx'sPrice Performance, Valuation and Estimates Shares of AXP have declined 0.5% in the year-to-date period against the industry 's growth of 2.3%. From a valuation standpoint, AmEx trades at a forward price-to-earnings ratio of 17.87X, down from the industry average of 20.89. AXP carries a Value Score of B. Image Source: Zacks Investment Research The Zacks Consensus Estimate for AmEx's 2025 earnings is pegged at $15.26 per share, implying a 14.3% jump from the year-ago period. Image Source: Zacks Investment Research The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Beyond Nvidia: AI's Second Wave Is Here The AI revolution has already minted millionaires. But the stocks everyone knows about aren't likely to keep delivering the biggest profits. Little-known AI firms tackling the world's biggest problems may be more lucrative in the coming months and years. See "2nd Wave" AI stocks now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Mastercard Incorporated (MA): Free Stock Analysis Report Visa Inc. (V): Free Stock Analysis Report American Express Company (AXP): Free Stock Analysis Report Toast, Inc. (TOST): Free Stock Analysis Report This article originally published on Zacks Investment Research (
San Francisco Chronicle
5 days ago
- Business
- San Francisco Chronicle
Toast: Q2 Earnings Snapshot
BOSTON (AP) — BOSTON (AP) — Toast Inc. (TOST) on Tuesday reported second-quarter earnings of $80 million. On a per-share basis, the Boston-based company said it had net income of 13 cents. Earnings, adjusted for stock option expense, came to 24 cents per share. The results met Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was also for earnings of 24 cents per share. The restaurant software provider posted revenue of $1.55 billion in the period, beating Street forecasts. Seven analysts surveyed by Zacks expected $1.53 billion. _____
Yahoo
02-08-2025
- Business
- Yahoo
Toast (TOST) Falls More Steeply Than Broader Market: What Investors Need to Know
Toast (TOST) closed the most recent trading day at $46.66, moving -4.46% from the previous trading session. The stock fell short of the S&P 500, which registered a loss of 1.6% for the day. Meanwhile, the Dow experienced a drop of 1.23%, and the technology-dominated Nasdaq saw a decrease of 2.24%. Coming into today, shares of the restaurant software provider had gained 12.07% in the past month. In that same time, the Computer and Technology sector gained 4.45%, while the S&P 500 gained 2.25%. The investment community will be closely monitoring the performance of Toast in its forthcoming earnings report. The company is scheduled to release its earnings on August 5, 2025. The company's upcoming EPS is projected at $0.24, signifying a 1,100.00% increase compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $1.53 billion, up 23.44% from the year-ago period. For the full year, the Zacks Consensus Estimates are projecting earnings of $0.95 per share and revenue of $6.01 billion, which would represent changes of +3066.67% and +21.15%, respectively, from the prior year. Investors should also note any recent changes to analyst estimates for Toast. These latest adjustments often mirror the shifting dynamics of short-term business patterns. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook. Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system. The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. As of now, Toast holds a Zacks Rank of #4 (Sell). From a valuation perspective, Toast is currently exchanging hands at a Forward P/E ratio of 51.52. Its industry sports an average Forward P/E of 28.71, so one might conclude that Toast is trading at a premium comparatively. The Internet - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 75, putting it in the top 31% of all 250+ industries. The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Be sure to follow all of these stock-moving metrics, and many more, on Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Toast, Inc. (TOST) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
01-08-2025
- Business
- Yahoo
Truist Lifts Toast (TOST) PT to $50 from $48, Remains Optimistic for FinTech Sector
Toast Inc. (NYSE:TOST) is one of the best growth stocks to buy and hold for 3 years. On July 22, Truist raised its price target for Toast to $50 from $48, while keeping a Buy rating on the shares. The firm is optimistic for the FinTech sector and expects solid overall earnings results while noting the group's recent underperformance. In Q1 2025, Toast reported booking Applebee's, which marked its largest deal in company history, and added 6,000+ net new locations during the quarter. In that quarter, the Annualized Recurring Run-rate grew 31% year-over-year to $1.7 billion. Toast achieved a net income of $56 million and Adjusted EBITDA of $133 million. A consumer smiling and receiving a cash back rebate they earned from engaging with digital media. In Q1, the company experienced a 25% year-over-year increase in total locations, which reached ~140,000. Gross Payment Volume/GPV rose 22% year-over-year to $42.2 billion. In this quarter, Toast also renewed its credit facility, closing a $350 million revolving credit facility, which amends and restates its previous $330 million facility established in 2021. The company also introduced ToastIQ, an intelligence engine designed to enhance restaurant operations. Toast Inc. (NYSE:TOST) is a cloud-based digital technology platform for the restaurant industry in the US, Ireland, India, and internationally. While we acknowledge the potential of TOST as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
28-06-2025
- Business
- Yahoo
Toast Commits $5M to Combat Food Insecurity, Partners with No Kid Hungry
Toast Inc. (NYSE:TOST) is one of the best software infrastructure stocks to invest in. Earlier on June 4, Toast announced a significant philanthropic commitment: $5 million over the next 5 years to combat global food insecurity. The initiative begins with a US partnership with No Kid Hungry, which is a national campaign by Share Our Strength dedicated to ending childhood hunger. The partnership primarily addresses summer hunger, which is a particularly vulnerable time for children who rely on school meals for their daily nutritional needs. Currently, only 13% of children who receive free or reduced-price meals during the school year have access to them in the summer. To combat this, Toast CEO and Co-Founder Aman Narang signed No Kid Hungry's CEO Pledge to End Summer Hunger, which is an initiative aimed at increasing the number of children receiving summertime meals nationwide from 2.8 million to 31 million annually. An aerial shot of a computer server station, highlighting the company's focus on cloud-based technology. Efforts include encouraging the company's restaurant customers and their guests to participate through Toast Fundraising campaigns. Additionally, which is the company's philanthropic arm, is launching a new grant program to scale the impact of restaurants involved in local anti-hunger relief efforts across the US. Toast Inc. (NYSE:TOST) operates a cloud-based digital technology platform for the restaurant industry in the US, Ireland, India, and internationally. While we acknowledge the potential of TOST as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
