TOAST INC-CLASS A (NYSE:TOST) - A High-Growth Momentum Stock with Strong Technical Setup

TOAST INC-CLASS A (NYSE:TOST) stands out as a compelling candidate for high-growth momentum investors, combining strong earnings momentum with a favorable technical breakout pattern. The company, which provides a cloud-based restaurant management platform, has demonstrated accelerating growth while maintaining a solid technical foundation.

Growth Momentum Highlights

TOST’s fundamentals reflect strong earnings and revenue expansion, key drivers for momentum investors:

• EPS Growth (TTM): +144.7% year-over-year, with recent quarterly growth exceeding 160%.
• Revenue Growth (TTM): +26.7%, maintaining consistent expansion.
• Free Cash Flow Growth: Up 300% over the past year, signaling improving profitability.
• Profit Margin Expansion: Quarterly margins improved from 1.1% to 4.2% over the last year.
• Analyst Revisions: Next-year EPS estimates have been revised upward by 21% in the last three months.

Technical Strength & Setup

TOST’s technical profile reinforces its momentum case:

• Technical Rating (10/10): The stock is in a strong uptrend, outperforming 93% of stocks over the past year.
• Setup Rating (8/10): Recent consolidation near the 20-day moving average suggests a potential breakout opportunity.
• Support Levels: Key support zones at $41.53-$42.29 provide a clear stop-loss reference.
• Relative Strength: TOST ranks in the top 7% of stocks in its sector.

For a deeper technical breakdown, review the full technical report.

Our High Growth Momentum Breakout Setups Screen identifies more stocks with similar characteristics.

Disclaimer

This is not investment advice. The observations here are based on current data, but market conditions can change. Always conduct your own research before making investment decisions.