Toast Inc (NYSE: TOST)’s stock price has decreased by -0.28 compared to its previous closing price of 24.81. However, the company has seen a 4.70% increase in its stock price over the last five trading sessions. invezz.com reported 2024-08-11 that American stocks finished strong as the Dow Jones, Nasdaq 100, and S&P 500 indices pared back the losses made on Monday. The three indices rose to almost $40,000, $5,345, and $16,745, respectively.
Is It Worth Investing in Toast Inc (NYSE: TOST) Right Now?
Company’s 36-month beta value is 1.76.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for TOST is 384.40M, and currently, short sellers hold a 8.13% ratio of that floaft. The average trading volume of TOST on August 19, 2024 was 7.25M shares.
TOST’s Market Performance
TOST’s stock has seen a 4.70% increase for the week, with a -6.68% drop in the past month and a -10.13% fall in the past quarter. The volatility ratio for the week is 3.25%, and the volatility levels for the past 30 days are at 4.83% for Toast Inc The simple moving average for the past 20 days is -1.25% for TOST’s stock, with a 15.00% simple moving average for the past 200 days.
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 -0.23% 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 -11.33% of loss for the given period.
Volatility was left at 4.83%, however, over the last 30 days, the volatility rate increased by 3.25%, as shares sank -8.94% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.96% upper at present.
During the last 5 trading sessions, TOST rose by +4.70%, which changed the moving average for the period of 200-days by +55.11% in comparison to the 20-day moving average, which settled at $24.93. In addition, Toast Inc saw 35.49% 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 Vassil Jonathan, who sale 1,541 shares at the price of $24.00 back on Aug 02 ’24. After this action, Vassil Jonathan now owns 33,312 shares of Toast Inc, valued at $36,986 using the latest closing price.
Gomez Elena, the Chief Financial Officer of Toast Inc, sale 2,162 shares at $24.00 during a trade that took place back on Aug 02 ’24, which means that Gomez Elena is holding 183,931 shares at $51,890 based on the most recent closing price.
Stock Fundamentals for TOST
Current profitability levels for the company are sitting at:
- -0.04 for the present operating margin
- 0.22 for the gross margin
The net margin for Toast Inc stands at -0.03. The total capital return value is set at -0.11. Equity return is now at value -11.52, with -6.89 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 6.08. The debt to equity ratio resting at 0.03. The interest coverage ratio of the stock is -5.59.
Currently, EBITDA for the company is -240.0 million with net debt to EBITDA at 31.0. When we switch over and look at the enterprise to sales, we see a ratio of 2.98. The receivables turnover for the company is 25.64for trailing twelve months and the total asset turnover is 2.03. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.27.
Conclusion
In a nutshell, Toast Inc (TOST) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.
