In Tuesday’s Wall Street session, Toast Inc (NYSE:TOST) shares traded at $33.45, down -0.12% from the previous session.
TOST stock price is now -12.36% away from the 50-day moving average and 6.93% away from the 200-day moving average. The market capitalization of the company currently stands at $19.23B.
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, Fredette Stephen, President sold 105,511 shares of the company’s stock on Mar 07 ’25. The stock was sold for $3,573,379 at an average price of $33.87. Upon completion of the transaction, the President now directly owns 393,613 shares in the company, valued at $13.17 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 07 ’25, President Fredette Stephen sold 70,340 shares of the business’s stock. A total of $2,382,354 was realized by selling the stock at an average price of $33.87. This leaves the insider owning 1,574,316 shares of the company worth $52.66 million. A total of 23.25% of the company’s stock is owned by insiders.
During the past 12 months, Toast Inc has had a low of $21.32 and a high of $44.12. As of last week, the company has a debt-to-equity ratio of 0.02, a current ratio of 2.34, and a quick ratio of 2.20.
The net profit margin was 0.40% and return on equity was 1.46% for TOST. The company reported revenue of $1.34 billion for the quarter, compared to $1.04 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 29.15 percent.
