The price of Toast Inc (NYSE:TOST) shares last traded on Wall Street unchanged to $25.72.
TOST stock price is now 5.98% away from the 50-day moving average and 26.64% away from the 200-day moving average. The market capitalization of the company currently stands at $14.28B.
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With the price target of $30, Wedbush recently initiated with Outperform rating for Toast Inc (NYSE: TOST). On May 21, 2024, Robert W. Baird Downgraded its previous ‘Outperform’ rating to ‘Neutral’ on the stock keeping its target price maintained at $28, while ‘Keefe Bruyette’ rates the stock as ‘Mkt Perform’
In other news, Comparato Christopher P, Director sold 80,000 shares of the company’s stock on Jun 18 ’24. The stock was sold for $1,938,280 at an average price of $24.23. Upon completion of the transaction, the Director now directly owns 97,762 shares in the company, valued at $2.51 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 23 ’24, Chief Revenue Officer Vassil Jonathan sold 50,000 shares of the business’s stock. A total of $1,289,440 was realized by selling the stock at an average price of $25.79. This leaves the insider owning 26,897 shares of the company worth $0.69 million. A total of 31.69% of the company’s stock is owned by insiders.
During the past 12 months, Toast Inc has had a low of $13.77 and a high of $27.90. As of last week, the company has a debt-to-equity ratio of 0.03, a current ratio of 2.23, and a quick ratio of 2.06. The fifty day moving average price for TOST is $24.3332 and a two-hundred day moving average price translates $20.33085 for the stock.
The latest earnings results from Toast Inc (NYSE: TOST) was released for 2024-03-31. The net profit margin was -6.02% and return on equity was -21.56% for TOST. The company reported revenue of $1.07 billion for the quarter, compared to $819.0 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 31.26 percent.
