While Toast Inc has underperformed by -0.08%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, TOST rose by 149.32%, with highs and lows ranging from $44.12 to $15.14, whereas the simple moving average jumped by 41.26% in the last 200 days.
On December 05, 2024, DA Davidson Downgraded Toast Inc (NYSE: TOST) to Neutral. A report published by Goldman on December 02, 2024, Downgraded its rating to ‘Neutral’ for TOST. Compass Point also rated TOST shares as ‘Buy’, setting a target price of $49 on the company’s shares in an initiating report dated November 20, 2024. Cleveland Research initiated its ‘Buy’ rating for TOST, as published in its report on September 27, 2024. Mizuho’s report from July 18, 2024 suggests a price prediction of $33 for TOST shares, giving the stock a ‘Outperform’ rating. Wedbush also rated the stock as ‘Outperform’.
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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.
To gain a thorough understanding of Toast Inc’s future performance, several well-rounded types of analysis and research techniques can be used, with equity being among the most crucial. 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.
It is also very valuable to look at average volume as an indicator of volatility for a stock, and TOST is recording an average volume of 7.20M. On a monthly basis, the volatility of the stock is set at 4.02%, whereas on a weekly basis, it is put at 5.64%, with a loss of -9.78% over the past seven days. Furthermore, long-term investors anticipate a median target price of $40.26, showing growth from the present price of $38.27, 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?
The number of employees owning shares of the company should also be considered in addition to the fundamentals. 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 28.17%. 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 69.98% 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 69.98% at present.