rts logo

Toast Inc (TOST) Looks Ready for Growth Despite 136.64% Change This Year

Toast Inc (NYSE: TOST) is 136.64% higher on its value in year-to-date trading and has touched a low of $14.00 and a high of $43.62 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 $43.00 in the last trading session, with the day’s gains setting it 0.21%.

Currently trading at $43.21, the stock is 15.39% and 34.55% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.43 million and changing 0.49% at the moment leaves the stock 64.85% off its SMA200. TOST registered 203.02% gain for a year compared to 6-month gain of 82.86%. The firm has a 50-day simple moving average (SMA 50) of $31.7856 and a 200-day simple moving average (SMA200) of $26.096.

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 43.46% loss in the last 1 month and extending the period to 3 months gives it a 81.48%, and is 1.67% 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 2.72% over the week and 3.99% over the month.

Toast Inc (TOST) has around 5500 employees, a market worth around $24.54B and $4.66B in sales. Fwd P/E is 54.84. Profit margin for the company is -1.05%. Distance from 52-week low is 208.64% and -0.94% from its 52-week high. The company has generated returns on investments over the last 12 months (-3.39%).

The EPS is expected to grow by 497.26% this year.

Toast Inc (TOST) Top Institutional Holders

700.0 institutions hold shares in Toast Inc (TOST), with institutional investors hold 97.70% 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

The most recent transaction is an insider sale by Bennett Richard Kent, the company’s Director. SEC filings show that Bennett Richard Kent sold 22,885 shares of the company’s common stock on Nov 20 ’24 at a price of $41.96 per share for a total of $0.96 million. Following the sale, the insider now owns 0.4 million shares.

Toast Inc disclosed in a document filed with the SEC on Nov 21 ’24 that Comparato Christopher P (Director) sold a total of 135,000 shares of the company’s common stock. The trade occurred on Nov 21 ’24 and was made at $42.62 per share for $5.75 million. Following the transaction, the insider now directly holds 0.14 million shares of the TOST stock.

Still, SEC filings show that on Nov 20 ’24, Chapman-Hughes Susan (Director) disposed off 15,285 shares at an average price of $42.11 for $0.64 million. The insider now directly holds 30,530 shares of Toast Inc (TOST).

Related Posts