In today’s recent session, 0.89 million shares of the Toast Inc (NYSE:TOST) have been traded, and its beta is 1.99. Most recently the company’s share price was $36.31, and it changed around -$0.04 or -0.12% from the last close, which brings the market valuation of the company to $20.88B. TOST at last check was trading at a discount to its 52-week high of $44.12, offering almost -21.51% off that amount. The share price’s 52-week low was $21.32, which indicates that the recent value has risen by an impressive 41.28% since then. We note from Toast Inc’s average daily trading volume that its 10-day average is 6.56 million shares, with the 3-month average coming to 6.43 million.
Toast Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.27. If we narrow it down even further, the data shows that 1 out of 30 analysts rate the stock as a Sell; another 4 rate it as Overweight. Among the rest, 15 recommended TOST as a Hold, whereas 9 deemed it a Buy, and 1 rated it as Underweight. Toast Inc is expected to report earnings per share of 0.18 for the current quarter.
Toast Inc (NYSE:TOST) trade information
Instantly TOST has been showing red trend so far today with a performance of -0.12% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 37.06 on recent trading dayincreased the stock’s daily price by 2.02%. The company’s shares are currently down -0.40% year-to-date, but still up 3.43% over the last five days. On the other hand, Toast Inc (NYSE:TOST) is 0.29% up in the 30-day period. We can see from the shorts that 23.58 million shares have been sold at a short interest cover period of 2.61 day(s).
The consensus price target as assigned by Wall Street analysts is $38, which translates to bulls needing to increase their stock price by 4.45% from its current value. Analyst projections state that TOST is forecast to be at a low of $33 and a high of $45.
Toast Inc (TOST) estimates and forecasts
The year-over-year growth rate is expected to be 22.52%, up from the previous year.
Consensus estimates provided by 22 financial analysts predict the company will bring in an average of 1.35B in revenue for the current quarter. 22 analysts expect Toast Inc to make 1.53B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 1.07B and 1.24B respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 25.27%. Forecasts for the next quarter put sales growth at 23.55%.
Toast Inc earnings are expected to increase by 38.51% in 2025, but the outlook is positive 38.38% per year for the next five years.
Toast Inc (NYSE:TOST)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 9.20% of Toast Inc shares, and 85.66% of them are in the hands of institutional investors. The stock currently has a share float of 94.34%. Toast Inc stock is held by 862.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 6.8974% of the shares, which is about 37.73 million shares worth $972.26 million.
CAPITAL INTERNATIONAL INVESTORS, with 6.871% or 38.2 million shares worth $984.47 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
GROWTH FUND OF AMERICA and Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Dec 31, 2024. The former held 22.9 shares worth $830.85 million, making up 4.64% of all outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held roughly 14.03 shares worth around $508.87 million, which represents about 2.84% of the total shares outstanding.
