The price of Toast Inc (NYSE: TOST) closed at $23.25 in the last session, down -1.11% from day before closing price of $23.51. In other words, the price has decreased by -$0.26 from its previous closing price. On the day, 6008756 shares were traded.
Ratios:
We take a closer look at TOST’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.23 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 135.75. 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.
On March 04, 2024, Evercore ISI started tracking the stock assigning a Outperform rating and target price of $32.
Redburn Atlantic Upgraded its Neutral to Buy on February 07, 2024, while the target price for the stock was maintained at $28.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 15 ’24 when Matlock James Michael sold 787 shares for $23.59 per share. The transaction valued at 18,566 led to the insider holds 38,993 shares of the business.
Vassil Jonathan sold 100,000 shares of TOST for $2,523,900 on Mar 13 ’24. The Chief Revenue Officer now owns 22,956 shares after completing the transaction at $25.24 per share. On Feb 16 ’24, another insider, Vassil Jonathan, who serves as the Chief Revenue Officer of the company, sold 100,000 shares for $22.25 each. As a result, the insider received 2,225,300 and left with 22,956 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 12.88B and an Enterprise Value of 11.80B. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.27 while its Price-to-Book (P/B) ratio in mrq is 10.57. Its current Enterprise Value per Revenue stands at 3.05 whereas that against EBITDA is -46.29.
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 20.46, while the 200-Day Moving Average is calculated to be 19.69.
Shares Statistics:
According to the various share statistics, TOST traded on average about 9.18M shares per day over the past 3-months and 6.93M shares per day over the past 10 days. A total of 429.00M shares are outstanding, with a floating share count of 353.33M. Insiders hold about 34.93% of the company’s shares, while institutions hold 60.32% stake in the company. Shares short for TOST as of Feb 29, 2024 were 30.03M with a Short Ratio of 3.27, compared to 33.41M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 5.48% and a Short% of Float of 7.02%.
Earnings Estimates
The company has 13 analysts who recommend its stock at the moment. 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 -$0.19. EPS for the following year is $0.11, with 17 analysts recommending between $0.3 and -$0.18.
Revenue Estimates
According to 18 analysts, the current quarter’s revenue is expected to be $1.03B. It ranges from a high estimate of $1.07B 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 34.90% from the year-ago figure. For the next quarter, 18 analysts are estimating revenue of $1.22B, an increase of 24.90% less than the figure of $34.90% 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 23 analysts have provided revenue estimates for TOST’s current fiscal year. The highest revenue estimate was $5.05B, while the lowest revenue estimate was $4.65B, resulting in an average revenue estimate of $4.84B. In the same quarter a year ago, actual revenue was $3.87B, up 25.10% from the average estimate. Based on 23 analysts’ estimates, the company’s revenue will be $5.94B in the next fiscal year. The high estimate is $6.34B and the low estimate is $5.42B. The average revenue growth estimate for next year is up 22.90% from the average revenue estimate for this year.
