21.5 C
New York
Saturday, June 3, 2023

There’s No Need To Panic Or Freeze When It Comes To Toast Inc. (NYSE: TOST)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Toast Inc. (TOST) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.04, or 0.19%, to $20.56. The Toast Inc. has recorded 742,484 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Toast Announces Participation at the William Blair Conference.

Unlock the Hottest Top 10 Penny Stocks Today! Discover Now

Dive into the world of lucrative penny stocks with MarketClub's groundbreaking "Smart Scan" technology! Get an instant snapshot of the top 50 high volume stocks with a clear direction and outstanding liquidity - in other words, the strongest trending. To unlock this exclusive list, simply provide your first name, last name, and email for instant access.

Gain Access to Top 10 Penny Stocks Now!.

Sponsored

Stocks Info

The company is listed on the NYSE and operates within the Software – Infrastructure industry segment. At the end of the last regular session, the stock closed at $20.52 and fluctuated between $21.58 as its day high and $20.45 as its day low. The current market capitalization of Toast Inc. is $11.01B. A total of 10.94 million shares were traded on the day, compared to an average of 6.17M shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, TOST has seen 15 BUY and 27 SELL insider trades, representing the acquisition of 3,101,501 and the disposition of 3,561,385 shares. Over the last 12 months, there were 76 BUYs and 124 SELLs from insiders. Insiders purchased 17,645,374 shares during that period but sold 29,662,643.

In the most recent transaction, Bessemer Venture Partners IX L sold 500,000 shares of TOST for 20.68 per share on May 19. After the transaction, the 10% Owner now owns 0 company shares. In a previous transaction on May 19, Comparato Christopher P sold 128,947 shares at 20.68 per share. TOST shares that Chief Executive Officer owns now total 0.

Among the insiders who sold shares, Comparato Christopher P disposed of 33,333 shares on May 19 at a per-share price of $20.68. This resulted in the Chief Executive Officer holding 50,816 shares of TOST after the transaction. In another insider transaction, Bessemer Venture Partners IX L sold 500,000 shares at $20.93 per share on May 18. Company shares held by the 10% Owner now total 0.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for TOST in the last 3 months, the mean price target is $23.58 with high estimates of $30.00 and low estimates of $18.00. In terms of 52-week highs and lows, TOST has a high of $26.03 and a low of $12.15.

As of this writing, TOST has an earnings estimate of $Toast, Inc. per share for the current quarter. EPS was calculated based on a consensus of Costco Wholesale Corporation estimates, with a high estimate of $Ross Stores, Inc. per share and a lower estimate of $Twist Bioscience Corporation.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. TOST’s latest balance sheet shows that the firm has $1.27B in Cash & Short Term Investments as of fiscal 2021. There were $99.00M in debt and $352.00M in liabilities at the time. Its Book Value Per Share was $2.10, while its Total Shareholder’s Equity was $1.09B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for TOST is Buy with a score of 3.94.

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles