In the past week, TOST stock has gone down by -4.79%, with a monthly decline of -3.40% and a quarterly surge of 4.58%. The volatility ratio for the week is 4.16%, and the volatility levels for the last 30 days are 4.42% for Toast Inc. The simple moving average for the past 20 days is -5.28% for TOST’s stock, with a 15.46% simple moving average for the past 200 days.
Is It Worth Investing in Toast Inc (NYSE: TOST) Right Now?
The 36-month beta value for TOST is at 1.76. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for TOST is 378.69M, and currently, shorts hold a 9.16% of that float. The average trading volume for TOST on August 05, 2024 was 7.57M shares.
TOST) stock’s latest price update
The stock price of Toast Inc (NYSE: TOST) has dropped by -3.17 compared to previous close of 25.25. Despite this, the company has seen a fall of -4.79% in its stock price over the last five trading days. seekingalpha.com reported 2024-08-03 that Toast reported Q1 FY24 earnings in May where revenue and Adjusted EBITDA grew 31% and 435% YoY as it scaled into new locations, deepened adoption of its modules and drove product innovation. It is due to report its Q2 FY24 earnings in August, where revenue is expected to grow to $1.22B with an Adjusted EBITDA of $60M. Meanwhile, it also held its Investor Day, where it outlined its plans to gain market share in restaurants in the US and internationally, while expanding into new verticals such as Retail Food Beverages.
Analysts’ Opinion of TOST
Many brokerage firms have already submitted their reports for TOST stocks, with Mizuho repeating the rating for TOST by listing it as a “Outperform.” The predicted price for TOST in the upcoming period, according to Mizuho is $33 based on the research report published on July 18, 2024 of the current year 2024.
Wedbush, on the other hand, stated in their research note that they expect to see TOST reach a price target of $30. The rating they have provided for TOST stocks is “Outperform” according to the report published on May 24th, 2024.
Robert W. Baird gave a rating of “Neutral” to TOST, setting the target price at $28 in the report published on May 21st of the current year.
TOST Trading at -1.86% 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 -12.37% of loss for the given period.
Volatility was left at 4.42%, however, over the last 30 days, the volatility rate increased by 4.16%, as shares sank -4.72% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.84% lower at present.
During the last 5 trading sessions, TOST fell by -4.79%, which changed the moving average for the period of 200-days by +36.44% in comparison to the 20-day moving average, which settled at $25.75. In addition, Toast Inc saw 33.90% 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 Gomez Elena, who proposed sale 2,162 shares at the price of $24.00 back on Aug 02 ’24. After this action, Gomez Elena now owns shares of Toast Inc, valued at $51,890 using the latest closing price.
Narang Aman, the Officer of Toast Inc, proposed sale 1,856 shares at $24.00 during a trade that took place back on Aug 02 ’24, which means that Narang Aman is holding shares at $44,545 based on the most recent closing price.
Stock Fundamentals for TOST
Current profitability levels for the company are sitting at:
- -0.06 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 -0.19. Equity return is now at value -21.56, with -12.89 for asset returns.
Based on Toast Inc (TOST), the company’s capital structure generated 0.03 points at debt to capital in total, while cash flow to debt ratio is standing at 4.12. The debt to equity ratio resting at 0.03. The interest coverage ratio of the stock is -8.66.
Currently, EBITDA for the company is -240.0 million with net debt to EBITDA at 6.1. When we switch over and look at the enterprise to sales, we see a ratio of 3.16. The receivables turnover for the company is 26.25for trailing twelve months and the total asset turnover is 2.01. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.23.
Conclusion
In conclusion, Toast Inc (TOST) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.