Toast Inc (TOST) average volume reaches $5.58M: Is Wall Street expecting a rally?

A new trading day began on Monday, with Toast Inc (NYSE: TOST) stock price down -2.64% from the previous day of trading, before settling in for the closing price of $30.32. TOST’s price has ranged from $13.77 to $30.70 over the past 52 weeks.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 58.15%. Meanwhile, its annual earnings per share averaged 437.40%. With a float of $393.56 million, this company’s outstanding shares have now reached $429.00 million.

Considering the fact that the conglomerate employs 5500 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 22.44%, operating margin of -3.69%, and the pretax margin is -3.06%.

Toast Inc (TOST) Insider Activity

As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Infrastructure Industry. The insider ownership of Toast Inc is 29.97%, while institutional ownership is 65.43%. The most recent insider transaction that took place on Oct 18 ’24, was worth 949,035. Before that another transaction happened on Oct 18 ’24, when Company’s Officer proposed sale 50,000 for $30.39, making the entire transaction worth $1,519,263.

Toast Inc (TOST) Earnings and Forecasts

In its latest quarterly report, released on 6/30/2024, the company reported earnings of -0.06 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.01 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 437.40% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -14.83% during the next five years compared to -2.90% drop over the previous five years of trading.

Toast Inc (NYSE: TOST) Trading Performance Indicators

Here are Toast Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.12. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.78. Likewise, its price to free cash flow for the trailing twelve months is 93.73.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.25, a number that is poised to hit 0.14 in the next quarter and is forecasted to reach 0.73 in one year’s time.

Technical Analysis of Toast Inc (TOST)

Compared to the last year’s volume of 7.17 million, its volume of 4.88 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 81.44%. Additionally, its Average True Range was 1.01.

During the past 100 days, Toast Inc’s (TOST) raw stochastic average was set at 87.42%, which indicates a significant increase from 68.87% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.00% in the past 14 days, which was lower than the 40.39% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $26.35, while its 200-day Moving Average is $23.93. Nevertheless, the first resistance level for the watch stands at $30.18 in the near term. At $30.83, the stock is likely to face the second major resistance level. The third major resistance level sits at $31.22. If the price goes on to break the first support level at $29.14, it is likely to go to the next support level at $28.75. Should the price break the second support level, the third support level stands at $28.10.

Toast Inc (NYSE: TOST) Key Stats

With a market capitalization of 16.59 billion, the company has a total of 453,000K Shares Outstanding. Currently, annual sales are 3,865 M while annual income is -246,000 K. The company’s previous quarter sales were 1,242 M while its latest quarter income was 14,000 K.