Are Analysts Expecting A Better 2020 For Toast Inc (TOST)?

Toast Inc (TOST) concluded trading on Thursday at a closing price of $40.00, with 6.05 million shares of worth about $241.99 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 47.93% during that period and on January 23, 2025 the price saw a gain of about 3.15%. Currently the company’s common shares owned by public are about 468.00M shares, out of which, 410.80M shares are available for trading.

Stock saw a price change of 9.32% in past 5 days and over the past one month there was a price change of 11.33%. Year-to-date (YTD), TOST shares are showing a performance of 9.74% which increased to 132.42% 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 7.23 million. The stock is currently trading 6.94% above its 20-day simple moving average (SMA20), while that difference is up 2.79% for SMA50 and it goes to 37.94% higher than SMA200.

Toast Inc (NYSE: TOST) currently have 468.00M outstanding shares and institutions hold larger chunk of about 69.77% of that.

The stock has a current market capitalization of $22.72B and its 3Y-monthly beta is at 1.97. 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 3.49% while standing at 3.48% over the month.

Analysts are in expectations that Toast Inc (TOST) stock would likely to be making an EPS of 0.17 in the current quarter, while forecast for next quarter EPS is 0.16 and it is 0.88 for next year. For the current quarter EPS, analysts have given the company a lowest target 0.13 which is 0.19 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -0.08 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 532.85% while it is estimated to increase by 34.18% in next year.

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 BMO Capital Markets on January 06, 2025 offering an Outperform rating for the stock and assigned a target price of $45 to it. Coverage by DA Davidson stated Toast Inc (TOST) stock as a Neutral in their note to investors on December 05, 2024, suggesting a price target of $38 for the stock. On December 02, 2024, Goldman Downgrade their recommendations, while on November 20, 2024, Compass Point Initiated their ratings for the stock with a price target of $49. Stock get a Neutral rating from Exane BNP Paribas on November 20, 2024.

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