Toast Inc (NYSE: TOST) is 26.62% 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 $23.26 in the last trading session, with the day’s loss setting it -0.14%.
Currently trading at $23.12, the stock is -4.10% and 6.02% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.85 million and changing -0.60% at the moment leaves the stock 16.90% off its SMA200. TOST registered 31.59% gain for a year compared to 6-month gain of 32.80%. The firm has a 50-day simple moving average (SMA 50) of $3.00 and a 200-day simple moving average (SMA200) of -$45.45.
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 -7.07% loss in the last 1 month and extending the period to 3 months gives it a 31.96%, and is -7.22% 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 3.60% over the week and 3.75% over the month.
Toast Inc (TOST) has around 5500 employees, a market worth around $12.67B and $3.87B in sales. Fwd P/E is 38.05. Profit margin for the company is -6.36%. Distance from 52-week low is 67.96% and -14.37% 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 $1.04B over the same period.The EPS is expected to grow by 313.33% this year, but quarterly earnings will post 25.20% year-over-year. Quarterly sales are estimated to grow 35.60% in year-over-year returns.
Toast Inc (TOST) Top Institutional Holders
585 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 359.92M with Short Float at 7.47%. Institutions hold 83.21% 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 Gomez Elena,the company’sChief Financial Officer. SEC filings show that Gomez Elena sold 15,063 shares of the company’s common stock on Apr 02 ’24 at a price of $23.40 per share for a total of $0.35 million. Following the sale, the insider now owns 0.19 million shares.
Toast Inc disclosed in a document filed with the SEC on Apr 02 ’24 that Narang Aman (CEO) sold a total of 2,471 shares of the company’s common stock. The trade occurred on Apr 02 ’24 and was made at $23.40 per share for $57812.0. Following the transaction, the insider now directly holds 1.11 million shares of the TOST stock.
Still, SEC filings show that on Apr 02 ’24, Vassil Jonathan (Chief Revenue Officer) disposed off 2,282 shares at an average price of $23.40 for $53390.0. The insider now directly holds 25,422 shares of Toast Inc (TOST).
