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After finishing at $22.62 in the prior trading day, Toast Inc (NYSE: TOST) closed at $22.02, down -2.65%. In other words, the price has decreased by -$2.65 from its previous closing price. On the day, 7.58 million shares were traded. TOST stock price reached its highest trading level at $22.73 during the session, while it also had its lowest trading level at $21.97.
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 10.96 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 104.48. For the most recent quarter (mrq), Quick Ratio is recorded 2.06 and its Current Ratio is at 2.23. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.02.
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, Wedbush on May 24, 2024, initiated with a Outperform rating and assigned the stock a target price of $30.
On May 21, 2024, Robert W. Baird Downgraded its rating to Neutral which previously was Outperform but kept the price unchanged to $28.
On April 09, 2024, Keefe Bruyette started tracking the stock assigning a Mkt Perform rating and target price of $25.Keefe Bruyette initiated its Mkt Perform rating on April 09, 2024, with a $25 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 May 23 ’24 when Vassil Jonathan sold 50,000 shares for $25.79 per share. The transaction valued at 1,289,440 led to the insider holds 26,897 shares of the business.
Matlock James Michael sold 700 shares of TOST for $19,349 on May 15 ’24. The Principal Accounting Officer now owns 45,810 shares after completing the transaction at $27.64 per share. On May 08 ’24, another insider, Gomez Elena, who serves as the Chief Financial Officer of the company, sold 12,500 shares for $26.39 each. As a result, the insider received 329,841 and left with 176,980 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 12224690176 and an Enterprise Value of 11147100160. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.97 while its Price-to-Book (P/B) ratio in mrq is 10.10. Its current Enterprise Value per Revenue stands at 2.705 whereas that against EBITDA is -59.293.
Stock Price History:
The Beta on a monthly basis for TOST is 1.75, which has changed by -0.050043166 over the last 52 weeks, in comparison to a change of 0.23232913 over the same period for the S&P500. Over the past 52 weeks, TOST has reached a high of $27.90, while it has fallen to a 52-week low of $13.77. The 50-Day Moving Average of the stock is -9.09%, while the 200-Day Moving Average is calculated to be 9.23%.
Shares Statistics:
The stock has traded on average 7.14M shares per day over the past 3-months and 8790020 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 378.94M. Insiders hold about 31.70% of the company’s shares, while institutions hold 61.18% stake in the company. Shares short for TOST as of 1715731200 were 25983464 with a Short Ratio of 3.64, compared to 1713139200 on 28919368. Therefore, it implies a Short% of Shares Outstanding of 25983464 and a Short% of Float of 5.8500000000000005.
