Toast Inc (NYSE:TOST)’s traded shares stood at 2.05 million during the latest session, with the company’s beta value hitting 1.94. At the last check today, the stock’s price was $38.22, to imply an increase of 0.21% or $0.08 in intraday trading. The TOST share’s 52-week high remains $44.12, putting it -15.44% down since that peak but still an impressive 62.19% since price per share fell to its 52-week low of $14.45. The company has a valuation of $21.71B, with an average of 10.0 million shares in intraday trading volume over the past 10 days and average of 7.14 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Toast Inc (TOST), translating to a mean rating of 2.31. Of 14 analyst(s) looking at the stock, 0 analyst(s) give TOST a Sell rating. 0 of those analysts rate the stock as Overweight while 7 advise Hold as 7 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.16.
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Toast Inc (NYSE:TOST) trade information
After registering a 0.21% upside in the latest session, Toast Inc (TOST) has traded red over the past five days. The 5-day price performance for the stock is -11.49%, and 24.05% over 30 days. With these gigs, the year-to-date price performance is 109.31%. Short interest in Toast Inc (NYSE:TOST) saw shorts transact 28.74 million shares and set a 3.61 days time to cover.
The extremes give us $33 and $45 for target low and target high price respectively. As such, TOST has been trading -17.74% off suggested target high and 13.66% from its likely low.
Toast Inc (TOST) estimates and forecasts
Looking at statistics comparing Toast Inc share performance against respective industry, we note that the company has outperformed competitors. Toast Inc (TOST) shares are 68.97% up over the last 6 months, with its year-to-date growth rate higher than industry average at 104.26% against 24.90%. The rating firms project that company’s revenue will grow 27.50% compared to the previous financial year.
Revenue forecast for the current quarter as set by 22 analysts is 1.31B. Meanwhile, for the current quarter, a total of 19 analyst(s) estimate revenue growth to 1.34B.Earnings reports from the last fiscal year show that sales brought in 1.04B and 1.07B respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 26.66% before jumping 25.04% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -2.90% for the past 5-year period. While 2024 is set for a 497.26% return in earnings, projections for the next 5 years are at -14.83% annually.
TOST Dividends
Toast Inc has its next earnings report out in January. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Toast Inc (NYSE:TOST)’s Major holders
Toast Inc insiders hold 9.68% of total outstanding shares, with institutional holders owning 88.24% of the shares at 97.70% float percentage. In total, 88.24% institutions holds shares in the company, led by CAPITAL INTERNATIONAL INVESTORS. As of 2024-06-30, the company held over 38.2 million shares (or 6.9841% of shares), all amounting to roughly $984.47 million.
The next major institution holding the largest number of shares is VANGUARD GROUP INC with 37.73 million shares, or about 6.8974% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $972.26 million.