Toast Inc (TOST) stock expected to decline by -3.68%: What’s driving the pessimism?

A share price of Toast Inc [TOST] is currently trading at $39.97, up 3.82%. 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 3.42% over the last week, with a monthly amount glided 4.14%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Toast Inc [NYSE: TOST] stock has seen the most recent analyst activity on January 24, 2025, when Oppenheimer initiated its Outperform rating and assigned the stock a price target of $46. Previously, BMO Capital Markets started tracking the stock with Outperform rating on January 06, 2025, and set its price target to $45. On December 05, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $38 on the stock. Goldman downgraded its rating to a Neutral but stick to its price target of $45 on December 02, 2024. Compass Point initiated its recommendation with a Buy and recommended $49 as its price target on November 20, 2024. Exane BNP Paribas downgraded its rating to Neutral for this stock on November 20, 2024, but kept the price target unchanged to $37. In a note dated September 27, 2024, Cleveland Research initiated an Buy rating and provided a target price of $33 on this stock.

Toast Inc experienced fluctuations in its stock price throughout the past year between $17.53 and $44.12. Currently, Wall Street analysts expect the stock to reach $38.5 within the next 12 months. Toast Inc [NYSE: TOST] shares were valued at $39.97 at the most recent close of the market. An investor can expect a potential drop of -3.68% based on the average TOST price forecast.

Analyzing the TOST fundamentals

Trailing Twelve Months sales for Toast Inc [NYSE:TOST] were 4.66B which represents 26.45% growth. Gross Profit Margin for this corporation currently stands at 0.23% with Operating Profit Margin at -0.01%, Pretax Profit Margin comes in at -0.01%, and Net Profit Margin reading is -0.01%. To continue investigating profitability, this company’s Return on Assets is posted at -0.02, Equity is -0.04 and Total Capital is -0.05. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.03.

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 38.53 points at the first support level, and at 37.08 for the second support level. However, for the 1st resistance point, the stock is sitting at 40.89, and for the 2nd resistance point, it is at 41.80.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Toast Inc [NYSE:TOST] is 2.32. As well, the Quick Ratio is 2.17, while the Cash Ratio is 1.02. Considering the valuation of this stock, the price to sales ratio is 4.87, the price to book ratio is 15.90.

Transactions by insiders

Recent insider trading involved Vassil Jonathan, Chief Revenue Officer, that happened on Jan 03 ’25 when 3009.0 shares were sold. CEO, Narang Aman completed a deal on Jan 03 ’25 to sell 6133.0 shares. Meanwhile, Chief Financial Officer Gomez Elena sold 14143.0 shares on Jan 03 ’25.

Related Posts