Toast Inc (NYSE: TOST) closed the day trading at $22.12 up 3.66% from the previous closing price of $21.34. On the day, 7329266 shares were traded. TOST stock price reached its highest trading level at $22.22 during the session, while it also had its lowest trading level at $21.28.
Ratios:
For a better understanding of TOST, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.69 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 129.15. For the most recent quarter (mrq), Quick Ratio is recorded 2.19 and its Current Ratio is at 2.37. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.03.
On January 31, 2024, RBC Capital Mkts started tracking the stock assigning a Sector Perform rating and target price of $19.
Goldman Upgraded its Neutral to Buy on January 10, 2024, while the target price for the stock was maintained at $24.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 16 when Vassil Jonathan sold 100,000 shares for $22.25 per share. The transaction valued at 2,225,300 led to the insider holds 22,956 shares of the business.
Matlock James Michael sold 943 shares of TOST for $18,845 on Feb 15. The Principal Accounting Officer now owns 38,790 shares after completing the transaction at $19.98 per share. On Feb 05, another insider, Matlock James Michael, who serves as the Principal Accounting Officer of the company, sold 4,151 shares for $18.20 each. As a result, the insider received 75,561 and left with 39,733 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TOST now has a Market Capitalization of 12.01B and an Enterprise Value of 10.92B. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.11 while its Price-to-Book (P/B) ratio in mrq is 10.06. Its current Enterprise Value per Revenue stands at 2.83 whereas that against EBITDA is -42.82.
Stock Price History:
Over the past 52 weeks, TOST has reached a high of $27.00, while it has fallen to a 52-week low of $13.77. The 50-Day Moving Average of the stock is 18.50, while the 200-Day Moving Average is calculated to be 19.44.
Shares Statistics:
Over the past 3-months, TOST traded about 9.47M shares per day on average, while over the past 10 days, TOST traded about 13.76M shares per day. A total of 429.00M shares are outstanding, with a floating share count of 352.89M. Insiders hold about 35.01% of the company’s shares, while institutions hold 60.29% stake in the company. Shares short for TOST as of Jan 31, 2024 were 33.41M with a Short Ratio of 3.53, compared to 29.54M on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 6.19% and a Short% of Float of 8.03%.
Earnings Estimates
Current recommendations for the stock of the company come from 13 analysts. On average, analysts expect EPS of -$0.13 for the current quarter, with a high estimate of -$0.06 and a low estimate of -$0.21, while EPS last year was -$0.15. The consensus estimate for the next quarter is -$0.04, with high estimates of $0 and low estimates of -$0.08.
Analysts are recommending an EPS of between $0 and -$0.36 for the fiscal current year, implying an average EPS of -$0.2. EPS for the following year is $0.1, with 17 analysts recommending between $0.3 and -$0.18.
Revenue Estimates
18 analysts predict $1.03B in revenue for the current quarter. It ranges from a high estimate of $1.08B to a low estimate of $993.7M. As of the current estimate, Toast Inc’s year-ago sales were $764.04M, an estimated increase of 35.20% from the year-ago figure. For the next quarter, 18 analysts are estimating revenue of $1.22B, an increase of 25.00% less than the figure of $35.20% in the same quarter last year. There is a high estimate of $1.28B for the next quarter, whereas the lowest estimate is $1.16B.
A total of 22 analysts have provided revenue estimates for TOST’s current fiscal year. The highest revenue estimate was $4.99B, while the lowest revenue estimate was $4.65B, resulting in an average revenue estimate of $4.83B. In the same quarter a year ago, actual revenue was $3.87B, up 25.00% from the average estimate. Based on 22 analysts’ estimates, the company’s revenue will be $5.92B in the next fiscal year. The high estimate is $6.24B and the low estimate is $5.42B. The average revenue growth estimate for next year is up 22.60% from the average revenue estimate for this year.
