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Toast Inc (TOST) Is Up 36.53% in 2024 With Lots of Room to Run

Toast Inc (NYSE: TOST) is 36.53% higher on its value in year-to-date trading and has touched a low of $13.77 and a high of $27.90 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 $25.41 in the last trading session, with the day’s loss setting it -0.48%.

Currently trading at $24.93, the stock is 1.98% and 0.91% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.35 million and changing -1.89% at the moment leaves the stock 21.72% off its SMA200. TOST registered 10.85% gain for a year compared to 6-month gain of 40.53%.

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The stock witnessed a 10.21% loss in the last 1 month and extending the period to 3 months gives it a 7.60%, and is -2.08% 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 3.32% over the week and 3.69% over the month.

Toast Inc (TOST) has around 5500 employees, a market worth around $13.84B and $4.12B in sales. Fwd P/E is 37.43. Profit margin for the company is -6.02%. Distance from 52-week low is 81.11% and -10.65% from its 52-week high. The company has generated returns on investments over the last 12 months (-20.11%).

The EPS is expected to grow by 388.74% this year.

Toast Inc (TOST) Top Institutional Holders

The shares outstanding are 429.00M, and float is at 379.19M with Short Float at 7.24%.

Toast Inc (TOST) Insider Activity

The most recent transaction is an insider sale by Elworthy Brian R,the company’sGeneral Counsel. SEC filings show that Elworthy Brian R sold 2,573 shares of the company’s common stock on Jul 03 ’24 at a price of $25.64 per share for a total of $65977.0. Following the sale, the insider now owns 0.17 million shares.

Toast Inc disclosed in a document filed with the SEC on Jul 02 ’24 that Gomez Elena (Chief Financial Officer) sold a total of 18,380 shares of the company’s common stock. The trade occurred on Jul 02 ’24 and was made at $25.64 per share for $0.47 million. Following the transaction, the insider now directly holds 0.18 million shares of the TOST stock.

Still, SEC filings show that on Jul 02 ’24, Narang Aman (CEO) disposed off 6,355 shares at an average price of $25.64 for $0.16 million. The insider now directly holds 1,131,043 shares of Toast Inc (TOST).

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