Toast Inc [NYSE: TOST] surged by $0.82 during the normal trading session on while it closed the day at $23.56.
Toast Inc stock has also loss -1.59% of its value over the past 7 days. However, TOST stock has inclined by 28.74% in the 3 months of the year. Over the past six months meanwhile, it has gained 40.07% and gained 29.03% year-on date.
The market cap for TOST stock reached $13.25 billion, with 429.00 million shares outstanding and 373.05 million shares in the current float. Compared to the average trading volume of 7.50M shares, TOST reached a trading volume of 7106127 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Toast Inc [TOST]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TOST shares is $24.91 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TOST stock is a recommendation set at 2.15. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Keefe Bruyette have made an estimate for Toast Inc shares, keeping their opinion on the stock as Mkt Perform, with their previous recommendation back on April 09, 2024. The new note on the price target was released on March 07, 2024, representing the official price target for Toast Inc stock. Previously, the target price had yet another raise to $32, while Evercore ISI analysts kept a Outperform rating on TOST stock.
The Average True Range (ATR) for Toast Inc is set at 0.96, with the Price to Sales ratio for TOST stock in the period of the last 12 months amounting to 3.43. The Price to Book ratio for the last quarter was 10.71, with the Price to Cash per share for the same quarter was set at 2.00. Price to Free Cash Flow for TOST in the course of the last twelve months was 142.46 with Quick ratio for the last quarter at 2.09.
TOST stock trade performance evaluation
Toast Inc [TOST] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.59. With this latest performance, TOST shares gained by 1.90% in over the last four-week period, additionally plugging by 40.07% over the last 6 months – not to mention a rise of 33.86% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TOST stock in for the last two-week period is set at 52.79, with the RSI for the last a single of trading hit 54.06, and the three-weeks RSI is set at 52.88 for Toast Inc [TOST]. The present Moving Average for the last 50 days of trading for this stock 23.53, while it was recorded at 23.26 for the last single week of trading, and 19.79 for the last 200 days.
Toast Inc [TOST]: An insightful look at the core fundamentals
Toast Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.09 and a Current Ratio set at 2.28.
Earnings per share (EPS) analysis for Toast Inc [TOST] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for TOST. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Toast Inc go to -14.83%.
Toast Inc [TOST]: Institutional Ownership
The top three institutional holders of TOST stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in TOST stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in TOST stock with ownership which is approximately 5.8386%.
