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The closing price of Toast Inc (NYSE: TOST) was $30.03 for the day, down -0.40% from the previous closing price of $30.15. In other words, the price has decreased by -$0.40 from its previous closing price. On the day, 4.11 million shares were traded. TOST stock price reached its highest trading level at $30.505 during the session, while it also had its lowest trading level at $29.77.
Ratios:
Our analysis of TOST’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.84 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 95.35. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Oct 18 ’24 when Gomez Elena sold 31,248 shares for $30.37 per share. The transaction valued at 949,033 led to the insider holds 157,620 shares of the business.
Vassil Jonathan sold 50,000 shares of TOST for $1,519,250 on Oct 18 ’24. The Chief Revenue Officer now owns 38,266 shares after completing the transaction at $30.39 per share. On Oct 18 ’24, another insider, Elworthy Brian R, who serves as the General Counsel of the company, sold 300,000 shares for $30.39 each. As a result, the insider received 9,116,100 and left with 177,836 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 16944308224 and an Enterprise Value of 15697859584. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.85 while its Price-to-Book (P/B) ratio in mrq is 13.11. Its current Enterprise Value per Revenue stands at 3.579 whereas that against EBITDA is -172.504.
Stock Price History:
Over the past 52 weeks, TOST has reached a high of $30.78, while it has fallen to a 52-week low of $13.77. The 50-Day Moving Average of the stock is 10.41%, while the 200-Day Moving Average is calculated to be 23.09%.
Shares Statistics:
TOST traded an average of 5.38M shares per day over the past three months and 4790840 shares per day over the past ten days. A total of 429.00M shares are outstanding, with a floating share count of 393.70M. Insiders hold about 29.95% of the company’s shares, while institutions hold 66.16% stake in the company. Shares short for TOST as of 1728950400 were 35698938 with a Short Ratio of 6.64, compared to 1726185600 on 38143170. Therefore, it implies a Short% of Shares Outstanding of 35698938 and a Short% of Float of 7.89.
