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As of close of business last night, Toast Inc’s stock clocked out at $28.90, down -0.28% from its previous closing price of $28.98. In other words, the price has decreased by -$0.28 from its previous closing price. On the day, 4.2 million shares were traded. TOST stock price reached its highest trading level at $29.51 during the session, while it also had its lowest trading level at $28.12.
Ratios:
To gain a deeper understanding of TOST’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.32 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 91.76. For the most recent quarter (mrq), Quick Ratio is recorded 2.12 and its Current Ratio is at 2.27. 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, Cleveland Research on September 27, 2024, initiated with a Buy rating and assigned the stock a target price of $33.
On July 18, 2024, Mizuho Upgraded its rating to Outperform which previously was Neutral and also upped its target price recommendation from $21 to $33.
On May 24, 2024, Wedbush started tracking the stock assigning a Outperform rating and target price of $30.Wedbush initiated its Outperform rating on May 24, 2024, with a $30 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Oct 09 ’24 when Fredette Stephen sold 39,768 shares for $29.02 per share. The transaction valued at 1,154,067 led to the insider holds 1,795,301 shares of the business.
Fredette Stephen sold 6,399 shares of TOST for $185,584 on Oct 08 ’24. The President now owns 1,835,069 shares after completing the transaction at $29.00 per share. On Oct 10 ’24, another insider, Fredette Stephen, who serves as the Officer of the company, bought 54,560 shares for $29.11 each.
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 16241800192 and an Enterprise Value of 15107760128. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.70 while its Price-to-Book (P/B) ratio in mrq is 12.61. Its current Enterprise Value per Revenue stands at 3.445 whereas that against EBITDA is -166.019.
Stock Price History:
Over the past 52 weeks, TOST has reached a high of $29.92, while it has fallen to a 52-week low of $13.77. The 50-Day Moving Average of the stock is 12.75%, while the 200-Day Moving Average is calculated to be 22.73%.
Shares Statistics:
It appears that TOST traded 5.84M shares on average per day over the past three months and 5310240 shares per day over the past ten days. A total of 429.00M shares are outstanding, with a floating share count of 393.46M. Insiders hold about 29.99% of the company’s shares, while institutions hold 65.51% stake in the company. Shares short for TOST as of 1727654400 were 34255617 with a Short Ratio of 5.87, compared to 1724976000 on 37547241. Therefore, it implies a Short% of Shares Outstanding of 34255617 and a Short% of Float of 7.57.