Could this be the case of a blown-up long-term opportunity? Toast Inc (TOST)

Toast Inc [TOST] stock prices are up 5.32% to $27.30 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The TOST shares have gain 9.51% over the last week, with a monthly amount glided 20.16%, 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 May 24, 2024, when Wedbush initiated its Outperform rating and assigned the stock a price target of $30. Previously, Robert W. Baird downgraded its rating to Neutral on May 21, 2024, and kept the price target unchanged to $28. On April 09, 2024, Keefe Bruyette initiated with a Mkt Perform rating and assigned a price target of $25 on the stock. Exane BNP Paribas upgraded its rating to a Outperform but stick to its price target of $30 on March 07, 2024. Evercore ISI initiated its recommendation with a Outperform and recommended $32 as its price target on March 04, 2024. Redburn Atlantic upgraded its rating to Buy for this stock on February 07, 2024, but kept the price target unchanged to $28. In a note dated January 31, 2024, RBC Capital Mkts initiated an Sector Perform rating and provided a target price of $19 on this stock.

The stock price of Toast Inc [TOST] has been fluctuating between $13.77 and $27.90 over the past year. Currently, Wall Street analysts expect the stock to reach $26.31 within the next 12 months. Toast Inc [NYSE: TOST] shares were valued at $27.30 at the most recent close of the market. An investor can expect a potential drop of -3.63% based on the average TOST price forecast.

Analyzing the TOST fundamentals

The Toast Inc [NYSE:TOST] reported sales of 4.12B for trailing twelve months, representing a surge of 31.26%. Gross Profit Margin for this corporation currently stands at 0.22% with Operating Profit Margin at -0.06%, 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 -0.21 and Total Capital is -0.19. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.03.

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 26.43 points at the first support level, and at 25.56 for the second support level. However, for the 1st resistance point, the stock is sitting at 27.78, and for the 2nd resistance point, it is at 28.26.

Ratios To Look Out For

It’s worth pointing out that Toast Inc [NYSE:TOST]’s Current Ratio is 2.23. As well, the Quick Ratio is 2.06, while the Cash Ratio is 0.81. Considering the valuation of this stock, the price to sales ratio is 3.68, the price to book ratio is 12.53.

Transactions by insiders

Recent insider trading involved Vassil Jonathan, Chief Revenue Officer, that happened on Jul 15 ’24 when 100000.0 shares were sold. General Counsel, Elworthy Brian R completed a deal on Jul 03 ’24 to sell 2573.0 shares. Meanwhile, Chief Financial Officer Gomez Elena sold 18380.0 shares on Jul 02 ’24.

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