Wall Street Analyst Initiated Toast Inc [TOST]. What else is Wall St. saying

Toast Inc [NYSE: TOST] plunged by -$0.78 during the normal trading session on while it closed the day at $39.82.

Toast Inc stock has also gained 4.93% of its value over the past 7 days. However, TOST stock has inclined by 65.71% in the 3 months of the year. Over the past six months meanwhile, it has gained 47.70% and gained 118.07% year-on date.

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The market cap for TOST stock reached $22.75 billion, with 429.00 million shares outstanding and 407.81 million shares in the current float. Compared to the average trading volume of 5.98M shares, TOST reached a trading volume of 6600743 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 $38.59 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 2.14. 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.

Cleveland Research have made an estimate for Toast Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on September 27, 2024. While these analysts kept the previous recommendation, Mizuho raised their target price from $21 to $33. The new note on the price target was released on July 18, 2024, representing the official price target for Toast Inc stock. Previously, the target price had yet another raise to $30, while Wedbush analysts kept a Outperform rating on TOST stock.

The Average True Range (ATR) for Toast Inc is set at 1.45, with the Price to Sales ratio for TOST stock in the period of the last 12 months amounting to 4.88. The Price to Book ratio for the last quarter was 15.84, with the Price to Cash per share for the same quarter was set at 2.23. Price to Free Cash Flow for TOST in the course of the last twelve months was 100.67 with Quick ratio for the last quarter at 2.17.

TOST stock trade performance evaluation

Toast Inc [TOST] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.93. With this latest performance, TOST shares gained by 31.33% in over the last four-week period, additionally plugging by 47.70% over the last 6 months – not to mention a rise of 179.44% 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 81.02, with the RSI for the last a single of trading hit 82.37, and the three-weeks RSI is set at 78.48 for Toast Inc [TOST]. The present Moving Average for the last 50 days of trading for this stock 30.07, while it was recorded at 40.03 for the last single week of trading, and 25.50 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 2.17 and a Current Ratio set at 2.32.

Earnings per share (EPS) analysis for Toast Inc [TOST] stock

With the latest financial reports released by the company, Toast Inc posted -0.08/share EPS, while the average EPS was predicted by analysts to be reported at -0.01/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.07. 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

There are presently around $87.58%, or 96.98%% of TOST stock, in the hands of institutional investors. The top three institutional holders of TOST stocks are: CAPITAL INTERNATIONAL INVESTORS with ownership of 38.2 million shares, which is approximately 6.9841%. VANGUARD GROUP INC, holding 37.73 million shares of the stock with an approximate value of $$972.26 million in TOST stocks shares; and VANGUARD GROUP INC, currently with $$730.33 million in TOST stock with ownership which is approximately 5.181%.