Analysts predict Toast Inc (TOST) stock to reach $27.06 in the next 12 months

At the time of writing, Toast Inc [TOST] stock is trading at $24.78, up 0.12%. 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 9.11% over the last week, with a monthly amount drifted -9.23%, and not 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 July 18, 2024, when Mizuho upgraded its rating to a Outperform and also boosted its price target to $33 from $21. Previously, Wedbush started tracking the stock with Outperform rating on May 24, 2024, and set its price target to $30. On May 21, 2024, downgrade downgraded it’s rating to Neutral but maintained its price target of $28 on the stock. Keefe Bruyette started tracking the stock assigning a Mkt Perform rating and suggested a price target of $25 on April 09, 2024. Exane BNP Paribas upgraded its rating to a Outperform but $30 remained the price target by the analyst firm on March 07, 2024. Evercore ISI started tracking with a Outperform rating for this stock on March 04, 2024, and assigned it a price target of $32. In a note dated February 07, 2024, Redburn Atlantic upgraded an Buy rating on this stock but restated the target price of $28.

For the past year, the stock price of Toast Inc fluctuated between $13.77 and $27.90. Currently, Wall Street analysts expect the stock to reach $27.06 within the next 12 months. Toast Inc [NYSE: TOST] shares were valued at $24.78 at the most recent close of the market. An investor can expect a potential return of 9.2% based on the average TOST price forecast.

Analyzing the TOST fundamentals

According to Toast Inc [NYSE:TOST], the company’s sales were 4.38B for trailing twelve months, which represents an 26.99% jump. Gross Profit Margin for this corporation currently stands at 0.22% with Operating Profit Margin at -0.04%, Pretax Profit Margin comes in at -0.03%, and Net Profit Margin reading is -0.03%. To continue investigating profitability, this company’s Return on Assets is posted at -0.06, Equity is -0.11 and Total Capital is -0.11. 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 24.50 points at the first support level, and at 24.22 for the second support level. However, for the 1st resistance point, the stock is sitting at 25.11, and for the 2nd resistance point, it is at 25.44.

Ratios To Look Out For

It is important to note that Toast Inc [NYSE:TOST] has a current ratio of 2.27. As well, the Quick Ratio is 2.12, while the Cash Ratio is 0.94. Considering the valuation of this stock, the price to sales ratio is 3.14, the price to book ratio is 10.82.

Transactions by insiders

Recent insider trading involved Vassil Jonathan, Chief Revenue Officer, that happened on Aug 02 ’24 when 1541.0 shares were sold. Chief Financial Officer, Gomez Elena completed a deal on Aug 02 ’24 to sell 2162.0 shares. Meanwhile, CEO Narang Aman sold 1856.0 shares on Aug 02 ’24.

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