Toast Inc (NYSE:TOST) has a beta value of 1.99 and has seen 0.92 million shares traded in the recent trading session. The company, currently valued at $19.83B, closed the recent trade at $34.49 per share which meant it gained $1.04 on the day or 3.11% during that session. The TOST stock price is -27.92% off its 52-week high price of $44.12 and 38.18% above the 52-week low of $21.32. If we look at the company’s 10-day average daily trading volume, we find that it stood at 8.03 million shares traded. The 3-month trading volume is 6.28 million shares.
The consensus among analysts is that Toast Inc (TOST) is Buy stock at the moment, with a recommendation rating of 2.27. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 7 out of 14 have rated it as a Hold, with 7 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.18.
Toast Inc (NYSE:TOST) trade information
Sporting 3.11% in the green today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the TOST stock price touched $34.49 or saw a rise of 4.57%. Year-to-date, Toast Inc shares have moved -5.38%, while the 5-day performance has seen it change -5.43%. Over the past 30 days, the shares of Toast Inc (NYSE:TOST) have changed -16.69%. Short interest in the company has seen 26.94 million shares shorted with days to cover at 3.58.
Wall Street analysts have a consensus price target for the stock at $38, which means that the shares’ value could jump 9.24% from the levels at last check today. The projected low price target is $33.0 while the price target rests at a high of $45.0. In that case, then, we find that the latest price level in today’s session is -30.47% off the targeted high while a plunge would see the stock lose 4.32% from the levels at last check today.
Toast Inc (TOST) estimates and forecasts
The company’s shares have gained 46.02% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 22.56%.
22 analysts offering their estimates for the company have set an average revenue estimate of 1.35B for the current quarter. 22 have an estimated revenue figure of 1.53B for the next ending quarter. Year-ago sales stood 1.07B and 1.24B respectively for this quarter and the next, and analysts expect sales will grow by 25.30% for the current quarter and 22.56% for the next. Earnings growth for 2025 is a modest 38.56% while over the next 5 years, the company’s earnings are expected to increase by 38.24%.
TOST Dividends
Toast Inc is expected to release its next earnings report on 2025-Feb-18 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Toast Inc (NYSE:TOST)’s Major holders
Insiders own 9.26% of the company shares, while shares held by institutions stand at 85.39% with a share float percentage of 94.11%. Investors are also buoyed by the number of investors in a company, with Toast Inc having a total of 857.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 37.73 million shares worth more than $972.26 million. As of 2024-06-30, VANGUARD GROUP INC held 6.8974% of shares outstanding.
The other major institutional holder is CAPITAL INTERNATIONAL INVESTORS, with the holding of over 38.2 million shares as of 2024-06-30. The firm’s total holdings are worth over $984.47 million and represent 6.871% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Growth Fund of America Inc and Vanguard Total Stock Market Index Fund. As of Dec 31, 2024, the former fund manager holds about 4.64% shares in the company for having 22.9 shares of worth $785.43 million while later fund manager owns 14.03 shares of worth $481.05 million as of Dec 31, 2024, which makes it owner of about 2.84% of company’s outstanding stock.
