While Toast Inc has underperformed by -0.07%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, TOST rose by 193.34%, with highs and lows ranging from $44.12 to $14.00, whereas the simple moving average jumped by 63.99% in the last 200 days.
On November 20, 2024, Compass Point started tracking Toast Inc (NYSE: TOST) recommending Buy. A report published by Exane BNP Paribas on November 20, 2024, Downgraded its rating to ‘Neutral’ for TOST. Cleveland Research also rated TOST shares as ‘Buy’, setting a target price of $33 on the company’s shares in an initiating report dated September 27, 2024. Mizuho July 18, 2024d the rating to Outperform on July 18, 2024, and set its price target from $21 to $33. Wedbush initiated its ‘Outperform’ rating for TOST, as published in its report on May 24, 2024. Robert W. Baird’s report from May 21, 2024 suggests a price prediction of $28 for TOST shares, giving the stock a ‘Neutral’ rating. Keefe Bruyette also rated the stock as ‘Mkt Perform’.
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Analysis of Toast Inc (TOST)
Further, the quarter-over-quarter increase in sales is 26.45%, showing a positive trend in the upcoming months.
One of the most important indicators of Toast Inc’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. The goal here is to ensure that your current return on equity of -3.81% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 2.17, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can also provide valuable insight into volatility, and TOST is recording 6.79M average volume. On a monthly basis, the volatility of the stock is set at 4.00%, whereas on a weekly basis, it is put at 2.56%, with a gain of 1.60% over the past seven days. Furthermore, long-term investors anticipate a median target price of $39.35, showing decline from the present price of $43.18, which can serve as yet another indication of whether TOST is worth investing in or should be passed over.
How Do You Analyze Toast Inc Shares?
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 28.20%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 69.93% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
TOST shares are owned by institutional investors to the tune of 69.93% at present.
