Understanding the Recent Fluctuations of Toast Inc’s (TOST) Stock

In the past week, TOST stock has gone up by 4.42%, with a monthly gain of 17.76% and a quarterly surge of 8.42%. The volatility ratio for the week is 2.81%, and the volatility levels for the last 30 days are 3.71% for Toast Inc The simple moving average for the last 20 days is 10.89% for TOST stock, with a simple moving average of 22.03% for the last 200 days.

Is It Worth Investing in Toast Inc (NYSE: TOST) Right Now?

The stock has a 36-month beta value of 1.75. Opinions on the stock are mixed, with 10 analysts rating it as a “buy,” 3 as “overweight,” 12 as “hold,” and 1 as “sell.”

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 public float for TOST is 392.99M, and at present, short sellers hold a 9.55% of that float. On September 23, 2024, the average trading volume of TOST was 5.80M shares.

TOST) stock’s latest price update

Toast Inc (NYSE: TOST)’s stock price has plunge by 0.13relation to previous closing price of 27.71. Nevertheless, the company has seen a 4.42% surge in its stock price over the last five trading sessions. zacks.com reported 2024-09-19 that Toast is gaining from increasing ARR and ARPU, mainly driven by large repeat customers and market expansion.

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 10.58% 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 -0.56% of loss for the given period.

Volatility was left at 3.71%, however, over the last 30 days, the volatility rate increased by 2.81%, as shares surge +17.65% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.47% upper at present.

During the last 5 trading sessions, TOST rose by +4.86%, which changed the moving average for the period of 200-days by +87.23% in comparison to the 20-day moving average, which settled at $25.23. In addition, Toast Inc saw 51.94% 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 Fredette Stephen, who sale 40,148 shares at the price of $27.03 back on Sep 19 ’24. After this action, Fredette Stephen now owns 2,304,737 shares of Toast Inc, valued at $1,085,321 using the latest closing price.

Fredette Stephen, the President of Toast Inc, sale 800 shares at $27.00 during a trade that took place back on Sep 18 ’24, which means that Fredette Stephen is holding 2,344,885 shares at $21,601 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 3.4. 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

To sum up, Toast Inc (TOST) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others 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.

Related Posts