At the time of writing, Toast Inc [TOST] stock is trading at $25.00, up 1.42%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The TOST shares have gain 5.13% over the last week, with a monthly amount glided 29.67%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Toast Inc [NYSE: TOST] stock has seen the most recent analyst activity on March 07, 2024, when Exane BNP Paribas upgraded its rating to a Outperform but kept the price target unchanged to $30 for it. Previously, Evercore ISI started tracking the stock with Outperform rating on March 04, 2024, and set its price target to $32. On February 07, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $28 on the stock. RBC Capital Mkts started tracking the stock assigning a Sector Perform rating and suggested a price target of $19 on January 31, 2024. Goldman upgraded its rating to a Buy but $24 remained the price target by the analyst firm on January 10, 2024. Redburn Atlantic started tracking with a Neutral rating for this stock on December 06, 2023, and assigned it a price target of $18. In a note dated December 06, 2023, BofA Securities downgraded an Neutral rating on this stock and revised its target price from $22 to $16.
For the past year, the stock price of Toast Inc fluctuated between $13.77 and $27.00. Currently, Wall Street analysts expect the stock to reach $24 within the next 12 months. Toast Inc [NYSE: TOST] shares were valued at $25.00 at the most recent close of the market. An investor can expect a potential drop of -4.0% based on the average TOST price forecast.
Analyzing the TOST fundamentals
According to Toast Inc [NYSE:TOST], the company’s sales were 3.87B for trailing twelve months, which represents an 34.72% jump. Gross Profit Margin for this corporation currently stands at 0.22% with Operating Profit Margin at -0.07%, Pretax Profit Margin comes in at -0.06%, and Net Profit Margin reading is -0.06%. To continue investigating profitability, this company’s Return on Assets is posted at -0.12, Equity is -0.2 and Total Capital is -0.22. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.04.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 24.54 points at the first support level, and at 24.09 for the second support level. However, for the 1st resistance point, the stock is sitting at 25.25, and for the 2nd resistance point, it is at 25.50.
Toast Inc [TOST] reported earnings per share of -$0.07 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.1/share, meaning a difference of $0.03 and a surprise factor of 30.00%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were -$0.06 per share as compared to estimates of -$0.1 per share, a difference of $0.04 representing a surprise of 40.00%.
Ratios To Look Out For
It is important to note that Toast Inc [NYSE:TOST] has a current ratio of 2.28. Also, the Quick Ratio is 2.09, while the Cash Ratio stands at 0.91. Considering the valuation of this stock, the price to sales ratio is 3.51, the price to book ratio is 11.37.
Transactions by insiders
Recent insider trading involved Vassil Jonathan, Chief Revenue Officer, that happened on Feb 16 ’24 when 100000.0 shares were sold. Principal Accounting Officer, Matlock James Michael completed a deal on Feb 15 ’24 to sell 943.0 shares. Meanwhile, Principal Accounting Officer Matlock James Michael sold 4151.0 shares on Feb 05 ’24.
