Market Watch Highlights: Toast Inc (TOST) Ends on an Downturn Note at 23.81

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As of close of business last night, Toast Inc’s stock clocked out at $23.81, down -3.80% from its previous closing price of $24.75. In other words, the price has decreased by -$3.80 from its previous closing price. On the day, 4.24 million shares were traded. TOST stock price reached its highest trading level at $25.2 during the session, while it also had its lowest trading level at $23.68.

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 10.98 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 75.60. 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 the company, Mizuho on July 18, 2024, Upgraded its rating to Outperform and sets its target price to $33 from $21 previously.

On May 24, 2024, Wedbush started tracking the stock assigning a Outperform rating and target price of $30.

Robert W. Baird Downgraded its Outperform to Neutral on May 21, 2024, while the target price for the stock was maintained at $28.

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 Aug 20 ’24 when Comparato Christopher P sold 100,000 shares for $24.35 per share. The transaction valued at 2,434,744 led to the insider holds 120,107 shares of the business.

Comparato Christopher P bought 100,000 shares of TOST for $2,434,710 on Aug 20 ’24. On Aug 02 ’24, another insider, Vassil Jonathan, who serves as the Chief Revenue Officer of the company, sold 1,541 shares for $24.00 each. As a result, the insider received 36,986 and left with 33,312 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 13909492736 and an Enterprise Value of 12202219520. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.05 while its Price-to-Book (P/B) ratio in mrq is 10.39. Its current Enterprise Value per Revenue stands at 2.782 whereas that against EBITDA is -134.09.

Stock Price History:

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 -5.07%, while the 200-Day Moving Average is calculated to be 9.09%.

Shares Statistics:

It appears that TOST traded 6.84M shares on average per day over the past three months and 3889500 shares per day over the past ten days. A total of 429.00M shares are outstanding, with a floating share count of 391.38M. Insiders hold about 30.36% of the company’s shares, while institutions hold 72.42% stake in the company. Shares short for TOST as of 1723680000 were 33508299 with a Short Ratio of 4.90, compared to 1721001600 on 34697661. Therefore, it implies a Short% of Shares Outstanding of 33508299 and a Short% of Float of 7.4099995000000005.

Earnings Estimates

The performance of Toast Inc (TOST) in the stock market is under the watchful eye of 12.0 analysts actively contributing to its current rating.The consensus estimate for the next quarter is $0.01, with high estimates of $0.03 and low estimates of -$0.02.

Analysts are recommending an EPS of between $0.02 and -$0.15 for the fiscal current year, implying an average EPS of -$0.09. EPS for the following year is $0.28, with 17.0 analysts recommending between $0.41 and $0.14.

Revenue Estimates

In the current quarter, 18 analysts expect revenue to total $1.29B. It ranges from a high estimate of $1.32B to a low estimate of $1.26B. As of the current estimate, Toast Inc’s year-ago sales were $1.03BFor the next quarter, 18 analysts are estimating revenue of $1.3B. There is a high estimate of $1.38B for the next quarter, whereas the lowest estimate is $1.26B.

A total of 22 analysts have provided revenue estimates for TOST’s current fiscal year. The highest revenue estimate was $5.01B, while the lowest revenue estimate was $4.75B, resulting in an average revenue estimate of $4.89B. In the same quarter a year ago, actual revenue was $3.87BBased on 22 analysts’ estimates, the company’s revenue will be $5.99B in the next fiscal year. The high estimate is $6.18B and the low estimate is $5.75B.

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