Toast Inc (NYSE: TOST) is 28.97% higher on its value in year-to-date trading and has touched a low of $13.77 and a high of $27.00 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The TOST stock was last observed hovering at around $24.16 in the last trading session, with the day’s loss setting it -0.61%.
Currently trading at $23.55, the stock is 2.41% and 17.15% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 11.28 million and changing -2.52% at the moment leaves the stock 19.79% off its SMA200. TOST registered 37.00% gain for a year compared to 6-month loss of 13.22%. The firm has a 50-day simple moving average (SMA 50) of $3.06 and a 200-day simple moving average (SMA200) of -$46.37.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 16.87% gain in the last 1 month and extending the period to 3 months gives it a 46.55%, and is -3.96% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.66% over the week and 4.44% over the month.
Toast Inc (TOST) has around 5500 employees, a market worth around $12.79B and $3.87B in sales. Fwd P/E is 38.20. Profit margin for the company is -6.36%. Distance from 52-week low is 71.09% and -12.78% from its 52-week high. The company has generated returns on investments over the last 12 months (-20.05%).
Toast Inc quarterly earnings per share for the current quarter are estimated at -$0.13 with sales reaching $1.03B over the same period.The EPS is expected to grow by 318.96% this year, but quarterly earnings will post 25.10% year-over-year. Quarterly sales are estimated to grow 34.90% in year-over-year returns.
Toast Inc (TOST) Top Institutional Holders
581 institutions hold shares in Toast Inc (TOST), with institutional investors hold 93.49% of the company’s shares. The shares outstanding are 429.00M, and float is at 353.33M with Short Float at 8.50%. Institutions hold 83.19% of the Float.
The top institutional shareholder in the company is Vanguard Group Inc with over 31.58 million shares valued at $712.86 million. The investor’s holdings represent 7.69% of the TOST Shares outstanding. As of Jun 29, 2023, the second largest holder is FMR, LLC with 27.49 million shares valued at $620.47 million to account for 6.69% of the shares outstanding. The other top investors are Capital International Investors which holds 23.31 million shares representing 5.67% and valued at over $526.0 million, while Blackrock Inc. holds 4.51% of the shares totaling 18.55 million with a market value of $418.6 million.
Toast Inc (TOST) Insider Activity
The most recent transaction is an insider sale by Vassil Jonathan,the company’sChief Revenue Officer. SEC filings show that Vassil Jonathan sold 100,000 shares of the company’s common stock on Mar 13 ’24 at a price of $25.24 per share for a total of $2.52 million. Following the sale, the insider now owns 22956.0 shares.
Toast Inc disclosed in a document filed with the SEC on Feb 16 ’24 that Vassil Jonathan (Chief Revenue Officer) sold a total of 100,000 shares of the company’s common stock. The trade occurred on Feb 16 ’24 and was made at $22.25 per share for $2.23 million. Following the transaction, the insider now directly holds 22956.0 shares of the TOST stock.
Still, SEC filings show that on Feb 15 ’24, Matlock James Michael (Principal Accounting Officer) disposed off 943 shares at an average price of $19.98 for $18845.0. The insider now directly holds 38,790 shares of Toast Inc (TOST).
