Toast Inc (TOST) stock: 12-month forecast projects -8.02% potential drop%

Toast Inc [TOST] stock is trading at $30.04, down -0.27%. 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 2.28% over the last week, with a monthly amount glided 6.11%, 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 September 27, 2024, when Cleveland Research initiated its Buy rating and assigned the stock a price target of $33. Previously, Mizuho upgraded its rating to Outperform on July 18, 2024, and elevated its price target to $33. On May 24, 2024, Wedbush initiated with a Outperform rating and assigned a price target of $30 on the stock. Robert W. Baird downgraded its rating to a Neutral but stick to its price target of $28 on May 21, 2024. Keefe Bruyette initiated its recommendation with a Mkt Perform and recommended $25 as its price target on April 09, 2024. Exane BNP Paribas upgraded its rating to Outperform for this stock on March 07, 2024, but kept the price target unchanged to $30. In a note dated March 04, 2024, Evercore ISI initiated an Outperform rating and provided a target price of $32 on this stock.

Toast Inc [TOST] stock has fluctuated between $13.77 and $30.78 over the past year. Currently, Wall Street analysts expect the stock to reach $27.63 within the next 12 months. Toast Inc [NYSE: TOST] shares were valued at $30.04 at the most recent close of the market. An investor can expect a potential drop of -8.02% based on the average TOST price forecast.

Analyzing the TOST fundamentals

Toast Inc [NYSE:TOST] reported sales of 4.38B for the trailing twelve months, which represents a growth of 26.99%. 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 29.69 points at the first support level, and at 29.33 for the second support level. However, for the 1st resistance point, the stock is sitting at 30.34, and for the 2nd resistance point, it is at 30.63.

Ratios To Look Out For

For context, Toast Inc’s Current Ratio is 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 3.85, the price to book ratio is 13.11.

Transactions by insiders

Recent insider trading involved Gomez Elena, Chief Financial Officer, that happened on Oct 18 ’24 when 31248.0 shares were sold. Chief Revenue Officer, Vassil Jonathan completed a deal on Oct 18 ’24 to sell 50000.0 shares. Meanwhile, General Counsel Elworthy Brian R sold 0.3 million shares on Oct 18 ’24.

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