In the past week, TOST stock has gone up by 2.30%, with a monthly gain of 9.97% and a quarterly surge of 32.27%. The volatility ratio for the week is 3.66%, and the volatility levels for the last 30 days are 3.85% for Toast Inc The simple moving average for the past 20 days is 3.31% for TOST’s stock, with a 26.13% simple moving average for the past 200 days.
Is It Worth Investing in Toast Inc (NYSE: TOST) Right Now?
Additionally, the 36-month beta value for TOST is 1.79. There are mixed opinions on the stock, with 7 analysts rating it as a “buy,” 3 rating it as “overweight,” 12 rating it as “hold,” and 1 rating it as “sell.”
The public float for TOST is 359.97M and currently, short sellers hold a 7.47% ratio of that float. The average trading volume of TOST on April 01, 2024 was 8.87M shares.
TOST) stock’s latest price update
Toast Inc (NYSE: TOST) has seen a rise in its stock price by 2.42 in relation to its previous close of 24.33. However, the company has experienced a 2.30% gain in its stock price over the last five trading sessions. The Motley Fool reported 2024-03-31 that Toast has a solid history of innovating in the restaurant tech space. The company has a long runway for future growth.
Analysts’ Opinion of TOST
Many brokerage firms have already submitted their reports for TOST stocks, with Exane BNP Paribas repeating the rating for TOST by listing it as a “Outperform.” The predicted price for TOST in the upcoming period, according to Exane BNP Paribas is $30 based on the research report published on March 07, 2024 of the current year 2024.
Evercore ISI, on the other hand, stated in their research note that they expect to see TOST reach a price target of $32. The rating they have provided for TOST stocks is “Outperform” according to the report published on March 04th, 2024.
Redburn Atlantic gave a rating of “Buy” to TOST, setting the target price at $28 in the report published on February 07th of the current year.
TOST Trading at 17.89% from the 50-Day Moving Average
After a stumble in the market that brought TOST to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -7.70% of loss for the given period.
Volatility was left at 3.85%, however, over the last 30 days, the volatility rate increased by 3.66%, as shares surge +8.35% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +47.54% upper at present.
During the last 5 trading sessions, TOST rose by +2.30%, which changed the moving average for the period of 200-days by +7.51% in comparison to the 20-day moving average, which settled at $24.22. In addition, Toast Inc saw 36.47% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at TOST starting from Matlock James Michael, who sale 787 shares at the price of $23.59 back on Mar 15 ’24. After this action, Matlock James Michael now owns 38,993 shares of Toast Inc, valued at $18,566 using the latest closing price.
Vassil Jonathan, the Chief Revenue Officer of Toast Inc, sale 100,000 shares at $25.24 during a trade that took place back on Mar 13 ’24, which means that Vassil Jonathan is holding 22,956 shares at $2,523,900 based on the most recent closing price.
Stock Fundamentals for TOST
Current profitability levels for the company are sitting at:
- -0.07 for the present operating margin
- 0.22 for the gross margin
The net margin for Toast Inc stands at -0.06. The total capital return value is set at -0.22. Equity return is now at value -21.47, with -13.23 for asset returns.
Based on Toast Inc (TOST), the company’s capital structure generated 0.04 points at debt to capital in total, while cash flow to debt ratio is standing at 3.05. The debt to equity ratio resting at 0.04. The interest coverage ratio of the stock is -35.88.
Currently, EBITDA for the company is -240.0 million with net debt to EBITDA at 2.24. When we switch over and look at the enterprise to sales, we see a ratio of 3.41. The receivables turnover for the company is 30.43for trailing twelve months and the total asset turnover is 1.97. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.28.
Conclusion
In conclusion, Toast Inc (TOST) has seen better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
