Upward Trajectory: Toast Inc (TOST) Posts a Gaine, Closing at 29.03

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The closing price of Toast Inc (NYSE: TOST) was $29.03 for the day, up 1.04% from the previous closing price of $28.73. In other words, the price has increased by $1.04 from its previous closing price. On the day, 4.22 million shares were traded. TOST stock price reached its highest trading level at $29.3 during the session, while it also had its lowest trading level at $28.64.

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 13.38 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 92.17. 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 16 ’24 when Fredette Stephen bought 40,459 shares for $29.04 per share.

Fredette Stephen sold 54,560 shares of TOST for $1,588,187 on Oct 10 ’24. The President now owns 1,740,741 shares after completing the transaction at $29.11 per share. On Oct 09 ’24, another insider, Fredette Stephen, who serves as the President of the company, sold 39,768 shares for $29.02 each. As a result, the insider received 1,154,067 and left with 1,795,301 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 16314860544 and an Enterprise Value of 15138669568. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.72 while its Price-to-Book (P/B) ratio in mrq is 12.67. Its current Enterprise Value per Revenue stands at 3.452 whereas that against EBITDA is -166.359.

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 11.83%, while the 200-Day Moving Average is calculated to be 22.25%.

Shares Statistics:

TOST traded an average of 5.77M shares per day over the past three months and 4974170 shares per day over the past ten days. A total of 429.00M shares are outstanding, with a floating share count of 393.50M. Insiders hold about 29.98% of the company’s shares, while institutions hold 65.47% stake in the company. Shares short for TOST as of 1727654400 were 34255617 with a Short Ratio of 5.94, compared to 1724976000 on 37547241. Therefore, it implies a Short% of Shares Outstanding of 34255617 and a Short% of Float of 7.57.

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