The stock of Toast Inc (NYSE:TOST) last traded at $43.21, up 0.49% from the previous session.
TOST stock price is now 34.55% away from the 50-day moving average and 64.85% away from the 200-day moving average. The market capitalization of the company currently stands at $24.54B.
With the price target of $49, Compass Point recently initiated with Buy rating for Toast Inc (NYSE: TOST). On November 20, 2024, Exane BNP Paribas Downgraded its previous ‘Outperform’ rating to ‘Neutral’ on the stock keeping its target price maintained at $37, while ‘Cleveland Research’ rates the stock as ‘Buy’
In other news, Bennett Richard Kent, Director sold 22,885 shares of the company’s stock on Nov 20 ’24. The stock was sold for $960,255 at an average price of $41.96. Upon completion of the transaction, the Director now directly owns 395,706 shares in the company, valued at $17.1 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 21 ’24, Director Comparato Christopher P sold 135,000 shares of the business’s stock. A total of $5,753,820 was realized by selling the stock at an average price of $42.62. This leaves the insider owning 142,451 shares of the company worth $6.16 million. A total of 28.20% of the company’s stock is owned by insiders.
During the past 12 months, Toast Inc has had a low of $14.00 and a high of $43.62. As of last week, the company has a debt-to-equity ratio of 0.03, a current ratio of 2.32, and a quick ratio of 2.17. The fifty day moving average price for TOST is $31.7856 and a two-hundred day moving average price translates $26.096 for the stock.
The latest earnings results from Toast Inc (NYSE: TOST) was released for 2024-09-30. The net profit margin was -1.05% and return on equity was -3.81% for TOST. The company reported revenue of $1.3 billion for the quarter, compared to $1.03 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 26.45 percent.
