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Toast Inc (TOST) Stock Could Soon Reward Patient Investors

Toast Inc (NYSE: TOST) is 132.75% higher on its value in year-to-date trading and has touched a low of $13.77 and a high of $41.05 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 $39.82 in the last trading session, with the day’s gains setting it 2.68%.

Currently trading at $42.50, the stock is 24.25% and 39.57% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 11.16 million and changing 6.73% at the moment leaves the stock 65.86% off its SMA200. TOST registered 195.14% gain for a year compared to 6-month gain of 60.20%. The firm has a 50-day simple moving average (SMA 50) of $30.0742 and a 200-day simple moving average (SMA200) of $25.5023.

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The stock witnessed a 43.97% loss in the last 1 month and extending the period to 3 months gives it a 75.55%, and is 7.79% up 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 3.98% over the week and 4.05% over the month.

Toast Inc (TOST) has around 5500 employees, a market worth around $24.14B and $4.66B in sales. Fwd P/E is 52.66. Profit margin for the company is -1.05%. Distance from 52-week low is 208.75% and 3.53% from its 52-week high. The company has generated returns on investments over the last 12 months (-3.39%).

with sales reaching $1.31B over the same period.The EPS is expected to grow by 497.26% this year, but quarterly earnings will post 27.48% year-over-year. Quarterly sales are estimated to grow 26.80% in year-over-year returns.

Toast Inc (TOST) Top Institutional Holders

697.0 institutions hold shares in Toast Inc (TOST), with institutional investors hold 97.72% of the company’s shares. The shares outstanding are 429.00M, and float is at 407.81M with Short Float at 7.78%. Institutions hold 88.25% of the Float.

The top institutional shareholder in the company is CAPITAL INTERNATIONAL INVESTORS with over 38.2 million shares valued at $984.47 million. The investor’s holdings represent 6.9841% of the TOST Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 37.73 million shares valued at $972.26 million to account for 6.8974 of the shares outstanding. The other top investors are PRICE T ROWE ASSOCIATES INC /MD/ which holds 28.34 million shares representing 5.181% and valued at over $730.33 million, while BLACKROCK INC. holds 4.4691 of the shares totaling 24.45 million with a market value of $629.98 million.

Toast Inc (TOST) Insider Activity

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Still, SEC filings show that on Nov 19 ’24, Bessemer Venture Partners IX I (Director) Proposed Sale 2,770,979 shares at an average price of $39.82 for $110.34 million. The insider now directly holds shares of Toast Inc (TOST).

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