In the last trading session, 2.76 million shares of the Toast Inc (NYSE:TOST) were traded, and its beta was 1.77. Most recently the company’s share price was $29.49, and it changed around -$0.54 or -1.80% from the last close, which brings the market valuation of the company to $16.57B. TOST currently trades at a discount to its 52-week high of $30.70, offering almost -4.1% off that amount. The share price’s 52-week low was $13.77, which indicates that the current value has risen by an impressive 53.31% since then. We note from Toast Inc’s average daily trading volume that its 10-day average is 4.43 million shares, with the 3-month average coming to 5.37 million.
Toast Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.07. If we narrow it down even further, the data shows that 1 out of 25 analysts rate the stock as a Sell; another 3 rate it as Overweight. Among the rest, 12 recommended TOST as a Hold, whereas 9 deemed it a Buy, and 0 rated it as Underweight.
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Toast Inc (NYSE:TOST) trade information
Instantly TOST has showed a red trend with a performance of -1.80% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 30.45 on recent trading dayincreased the stock’s daily price by 3.15%. The company’s shares are currently up 61.50% year-to-date, but still down -2.74% over the last five days. On the other hand, Toast Inc (NYSE:TOST) is 7.90% up in the 30-day period. We can see from the shorts that 35.7 million shares have been sold at a short interest cover period of 7.0 day(s).
The consensus price target as assigned by Wall Street analysts is $29.5, which translates to bulls needing to increase their stock price by 0.03% from its current value. Analyst projections state that TOST is forecast to be at a low of $17 and a high of $33.
Toast Inc (TOST) estimates and forecasts
Toast Inc share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 23.34 percent over the past six months and at a 78.72% annual growth rate that is well above the industry average of 18.90%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -2.90%. Toast Inc earnings are expected to increase by 437.40% in 2024, but the outlook is negative -14.83% per year for the next five years.
TOST Dividends
Toast Inc’s next quarterly earnings report is expected to be released in November.
Toast Inc (NYSE:TOST)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 10.75% of Toast Inc shares, and 85.95% of them are in the hands of institutional investors. The stock currently has a share float of 96.30%. Toast Inc stock is held by 693.0 institutions, with CAPITAL INTERNATIONAL INVESTORS being the largest institutional investor. By 2024-06-30, it held 6.9841% of the shares, which is about 38.2 million shares worth $984.47 million.
VANGUARD GROUP INC, with 6.8974% or 37.73 million shares worth $972.26 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
