Stocks of Toast Inc (NYSE:TOST) traded higher last session on Wall Street, down -0.99% to $35.93.
TOST stock price is now 0.47% away from the 50-day moving average and 30.20% away from the 200-day moving average. The market capitalization of the company currently stands at $20.41B.
With the price target reduced from $44 to $38, DA Davidson Downgraded its rating from Buy to Neutral for Toast Inc (NYSE: TOST). On December 02, 2024, Goldman Downgraded its previous ‘Buy’ rating to ‘Neutral’ on the stock keeping its target price maintained at $45, while ‘Compass Point’ rates the stock as ‘Buy’
In other news, Comparato Christopher P, Director bought 145,000 shares of the company’s stock on Dec 19 ’24. The stock was bought for $5,225,838 at an average price of $36.04. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 13 ’24, CEO Narang Aman sold 720,000 shares of the business’s stock. A total of $27,763,203 was realized by selling the stock at an average price of $38.56. A total of 27.94% of the company’s stock is owned by insiders.
During the past 12 months, Toast Inc has had a low of $16.13 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 $35.6214 and a two-hundred day moving average price translates $27.54165 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.
