Toast Inc (TOST) Stock: A Closer Look at the Moving Averages

The stock of Toast Inc (TOST) has seen a 4.09% increase in the past week, with a 21.14% gain in the past month, and a 11.93% flourish in the past quarter. The volatility ratio for the week is 3.27%, and the volatility levels for the past 30 days are at 3.62% for TOST. The simple moving average for the last 20 days is 12.24% for TOST stock, with a simple moving average of 25.50% for the last 200 days.

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

Additionally, the 36-month beta value for TOST is 1.76. 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.”

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The public float for TOST is 393.03M and currently, short sellers hold a 9.70% ratio of that float. The average trading volume of TOST on September 27, 2024 was 5.73M shares.

TOST) stock’s latest price update

The stock price of Toast Inc (NYSE: TOST) has surged by 5.54 when compared to previous closing price of 27.33, but the company has seen a 4.09% gain in its stock price over the last five trading sessions. zacks.com reported 2024-09-23 that Toast (TOST) closed the most recent trading day at $27.65, moving -0.22% from the previous trading session.

Analysts’ Opinion of TOST

Mizuho, on the other hand, stated in their research note that they expect to see TOST reach a price target of $33, previously predicting the price at $21. The rating they have provided for TOST stocks is “Outperform” according to the report published on July 18th, 2024.

Wedbush gave a rating of “Outperform” to TOST, setting the target price at $30 in the report published on May 24th of the current year.

TOST Trading at 14.51% 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 able to rebound, for now settling with 2.32% of gains for the given period.

Volatility was left at 3.62%, however, over the last 30 days, the volatility rate increased by 3.27%, as shares surge +16.52% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +8.26% upper at present.

During the last 5 trading sessions, TOST rose by +3.57%, which changed the moving average for the period of 200-days by +83.50% in comparison to the 20-day moving average, which settled at $25.90. In addition, Toast Inc saw 57.96% 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 19,627 shares at the price of $28.00 back on Sep 24 ’24. After this action, Fredette Stephen now owns 2,078,682 shares of Toast Inc, valued at $549,576 using the latest closing price.

Fredette Stephen, the President of Toast Inc, sale 144,238 shares at $27.34 during a trade that took place back on Sep 20 ’24, which means that Fredette Stephen is holding 2,160,499 shares at $3,943,611 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 3.52. 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 conclusion, Toast Inc (TOST) has seen better performance in recent times. Analysts have a mixed 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.

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