Toast Inc (TOST) Beta Value: Understanding the Market Risk

The 36-month beta value for TOST is also noteworthy at 1.75. There are mixed opinions on the stock, with 10 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 391.38M, and at present, short sellers hold a 8.56% of that float. The average trading volume of TOST on September 04, 2024 was 6.47M shares.

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TOST) stock’s latest price update

Toast Inc (NYSE: TOST) has seen a decline in its stock price by -3.38 in relation to its previous close of 24.86. However, the company has experienced a -0.95% decline in its stock price over the last five trading sessions. zacks.com reported 2024-08-22 that Toast (TOST) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock’s prospects.

TOST’s Market Performance

Toast Inc (TOST) has experienced a -0.95% fall in stock performance for the past week, with a -1.76% drop in the past month, and a 4.43% rise in the past quarter. The volatility ratio for the week is 3.97%, and the volatility levels for the past 30 days are at 4.28% for TOST. The simple moving average for the last 20 days is -0.66% for TOST stock, with a simple moving average of 9.27% for the last 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 -4.32% 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 -13.91% of loss for the given period.

Volatility was left at 4.28%, however, over the last 30 days, the volatility rate increased by 3.97%, as shares surge +0.42% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -5.95% lower at present.

During the last 5 trading sessions, TOST fell by -0.95%, which changed the moving average for the period of 200-days by +63.29% in comparison to the 20-day moving average, which settled at $24.18. In addition, Toast Inc saw 31.54% 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 Comparato Christopher P, who sale 100,000 shares at the price of $24.35 back on Aug 20 ’24. After this action, Comparato Christopher P now owns 120,107 shares of Toast Inc, valued at $2,434,744 using the latest closing price.

Comparato Christopher P, the Director of Toast Inc, proposed sale 100,000 shares at $24.35 during a trade that took place back on Aug 20 ’24, which means that Comparato Christopher P is holding shares at $2,434,710 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 2.93. 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 summary, Toast Inc (TOST) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as 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.

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