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After finishing at $22.75 in the prior trading day, Toast Inc (NYSE: TOST) closed at $22.19, down -2.46%. In other words, the price has decreased by -$2.46 from its previous closing price. On the day, 4.31 million shares were traded. TOST stock price reached its highest trading level at $22.755 during the session, while it also had its lowest trading level at $22.1.
Ratios:
Our goal is to gain a better understanding of TOST by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.82 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 130.75. For the most recent quarter (mrq), Quick Ratio is recorded 2.09 and its Current Ratio is at 2.28. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.03.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Keefe Bruyette on April 09, 2024, initiated with a Mkt Perform rating and assigned the stock a target price of $25.
On March 07, 2024, Exane BNP Paribas Upgraded its rating to Outperform which previously was Neutral but kept the price unchanged to $30.
On March 04, 2024, Evercore ISI started tracking the stock assigning a Outperform rating and target price of $32.Evercore ISI initiated its Outperform rating on March 04, 2024, with a $32 target price.
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 Apr 15 ’24 when Vassil Jonathan sold 50,000 shares for $22.90 per share. The transaction valued at 1,145,033 led to the insider holds 25,422 shares of the business.
Matlock James Michael sold 798 shares of TOST for $18,346 on Apr 15 ’24. The Principal Accounting Officer now owns 40,156 shares after completing the transaction at $22.99 per share. On Apr 02 ’24, another insider, Gomez Elena, who serves as the Chief Financial Officer of the company, sold 15,063 shares for $23.40 each. As a result, the insider received 352,414 and left with 187,609 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 12160119808 and an Enterprise Value of 11080120320. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.15 while its Price-to-Book (P/B) ratio in mrq is 10.09. Its current Enterprise Value per Revenue stands at 2.867 whereas that against EBITDA is -41.037.
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 -2.55%, while the 200-Day Moving Average is calculated to be 11.87%.
Shares Statistics:
The stock has traded on average 8.25M shares per day over the past 3-months and 5206310 shares per day over the last 10 days, according to various share statistics. A total of 429.00M shares are outstanding, with a floating share count of 361.33M. Insiders hold about 34.06% of the company’s shares, while institutions hold 59.87% stake in the company. Shares short for TOST as of 1711584000 were 28966423 with a Short Ratio of 3.51, compared to 1709164800 on 30030900. Therefore, it implies a Short% of Shares Outstanding of 28966423 and a Short% of Float of 6.77.
Earnings Estimates
A comprehensive evaluation of Toast Inc (TOST) is underway, with the input of Costco Wholesale Corporation analysts contributing to its current rating.The consensus estimate for the next quarter is $3.17, with high estimates of $131.80 and low estimates of $22.19.
Analysts are recommending an EPS of between $Consumer Cyclical and $Technology for the fiscal current year, implying an average EPS of $Healthcare.
