Toast saw its IBD SmartSelect Composite Rating jump to 96 Thursday, up from 89 the day before.
The new score tells you the company is now outperforming 96% of all stocks in terms of the most important fundamental and technical stock-picking criteria.
Toast is not currently near a proper buy point. See if the stock goes on to form a new base and offer a new buying opportunity.
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The stock sports an 80 EPS Rating, meaning its recent quarterly and longer-term annual earnings growth tops 80% of all stocks.
Its Accumulation/Distribution Rating of D shows moderate selling by institutional investors over the last 13 weeks. Look for the rating to improve to at least a C or better.
The company reported 0% earnings growth for Q4. Top line growth increased 29%, up from 26% in the prior quarter. That marks one quarter of accelerating revenue gains.
Toast earns the No. 2 rank among its peers in the Finance-Card/Payment Processing industry group. Paymentus Holdings is the top-ranked stock within the group.
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