Toast Inc (NYSE:TOST) traded at $24.11 at last check on Monday, April 29, made an upward move of 0.86% on its previous day’s price.
Looking at the stock we see that its previous close was $23.91. In terms of its 52-week price range, TOST has a high of $27.00 and a low of $13.77. The company’s stock has lost about -3.23% over that past 30 days.
Toast Inc has a market cap of $13.56 billion. Estimates by analysts give the company expected earnings per share (EPS) of -$0.14, with the EPS growth for the year raised at -$0.16 for 2024 and $0.16 for next year. These figures represent 65.20% and 200.00% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $1.04 billion, with a low of $1.01 billion and a high of $1.11 billion. The median projection represents growth squeezing down to 36.30% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2024 is expected to hit $4.86 billion, or 25.60% up from figures reported last year.
On the other hand, looking at the outlook for the TOST stock, short term indicators assign the stock an average of 50% Buy, while medium term indicators assign it an average of 100% Buy. Long term indicators on average place the stock in the category of 100% Buy.
Looking further, we note the current price level is 4.27% off its SMA20 and 3.75% from its 50-day simple moving average. The RSI (14) is pointing at 57.25 while the volatility over the past week is 3.71% and jumps to 3.79% over the past one month. The beta value is 1.78, while the average true range (ATR) is currently pointing at 0.90.
Coming back to Toast Inc (NYSE:TOST), we note that the average 3-month trading volume was 7.72 million. Current shares outstanding are 429.00 million.
The insiders hold 33.97% of the company’s shares while institutions hold 58.51%. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock 32.06% up in year-to-date price movement.
