In yesterday’s Wall Street session, Toast Inc (NYSE:TOST) shares traded at $41.32, up 5.30% from the previous session.
TOST stock price is now 6.23% away from the 50-day moving average and 38.86% away from the 200-day moving average. The market capitalization of the company currently stands at $23.47B.
With the price target of $46, Oppenheimer recently initiated with Outperform rating for Toast Inc (NYSE: TOST). On January 06, 2025, BMO Capital Markets recently initiated its ‘Outperform’ rating on the stock quoting a target price of $45, while ‘DA Davidson’ rates the stock as ‘Neutral’
In other news, Elworthy Brian R, General Counsel sold 653 shares of the company’s stock on Feb 04 ’25. The stock was sold for $25,878 at an average price of $39.63. Upon completion of the transaction, the General Counsel now directly owns 209,206 shares in the company, valued at $8.64 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 04 ’25, President Fredette Stephen sold 1,068 shares of the business’s stock. A total of $42,324 was realized by selling the stock at an average price of $39.63. This leaves the insider owning 1,644,656 shares of the company worth $67.96 million. A total of 27.68% of the company’s stock is owned by insiders.
During the past 12 months, Toast Inc has had a low of $17.95 and a high of $44.12. 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 $38.9202 and a two-hundred day moving average price translates $29.66065 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. For the current quarter, analysts expect TOST to generate $1.31B in revenue.
