Investors Should Take Note Of Toast Inc (TOST)

Toast Inc (TOST) concluded trading on Tuesday at a closing price of $38.38, with 2.12 million shares of worth about $81.19 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 48.33% during that period and on December 24, 2024 the price saw a gain of about 2.92%. Currently the company’s common shares owned by public are about 468.00M shares, out of which, 410.04M shares are available for trading.

Stock saw a price change of -0.08% in past 5 days and over the past one month there was a price change of -10.74%. Year-to-date (YTD), TOST shares are showing a performance of 108.93% which increased to 110.31% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $16.13 but also hit the highest price of $44.12 during that period. The average intraday trading volume for Toast Inc shares is 7.29 million. The stock is currently trading -2.15% below its 20-day simple moving average (SMA20), while that difference is up 5.69% for SMA50 and it goes to 38.10% higher than SMA200.

Toast Inc (NYSE: TOST) currently have 468.00M outstanding shares and institutions hold larger chunk of about 69.99% of that.

The stock has a current market capitalization of $22.44B and its 3Y-monthly beta is at 1.96. It has posted earnings per share of -$0.13 in the same period. It has Quick Ratio of 2.17 while making debt-to-equity ratio of 0.03. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for TOST, volatility over the week remained 4.53% while standing at 3.98% over the month.

Stock’s fiscal year EPS is expected to rise by 528.12% while it is estimated to increase by 34.60% in next year. EPS is likely to shrink at an annualized rate of -14.83% for next 5-years, compared to annual growth of -2.90% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by DA Davidson on December 05, 2024 offering a Neutral rating for the stock and assigned a target price range of between $44 and $38 to it. Coverage by Goldman stated Toast Inc (TOST) stock as a Neutral in their note to investors on December 02, 2024, suggesting a price target of $45 for the stock. On November 20, 2024, Compass Point Initiated their recommendations, while on November 20, 2024, Exane BNP Paribas Downgrade their ratings for the stock with a price target of $37. Stock get a Buy rating from Cleveland Research on September 27, 2024.

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