2 weeks Ago By ABMN Staff
Toast, Inc. ( NYSE:TOST – Get Free Report ) has received an average rating of “Moderate Buy” from the nineteen research firms that are covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell rating, eight have issued a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company.
The average 1 year price target among brokers that have covered the stock in the last year is $28.33. A number of research firms have issued reports on TOST.
Bank of America upped their target price on shares of Toast from $26.00 to $28.00 and gave the company a “neutral” rating in a research report on Tuesday, September 17th.
Mizuho upgraded shares of Toast from a “neutral” rating to an “outperform” rating and upped their price objective for the company from $21.00 to $33.00 in a report on Thursday, July 18th.
Morgan Stanley boosted their price objective on shares of Toast from $29.00 to $30.00 and gave the company an “overweight” rating in a report on Wednesday, August 7th.
Needham & Company LLC restated a “buy” rating and set a $30.00 target price on shares of Toast in a research note on Wednesday, August 7th. Finally, JPMorgan Chase & Co.
boosted their price target on Toast from $25.00 to $28.00 and gave the stock a “neutral” rating in a report on Tuesday, August 20th.
Read Our Latest Research Report on Toast Insider Activity at Toast Institutional Trading of Toast A number of institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. grew its position in Toast by 4.
6% in the 4th quarter. Vanguard Group Inc. now owns 36,677,371 shares of the company’s stock worth $669,729,000 after purchasing an additional 1,598,248 shares in the last quarter.
Capital International Investors boosted its position in Toast by 12.2% during the first quarter. Capital International Investors now owns 32,924,082 shares of the company’s stock valued at $820,468,000 after buying an additional 3,574,397 shares during the period.
Price T Rowe Associates Inc. MD increased its position in shares of Toast by 21.4% during the first quarter.
Price T Rowe Associates Inc. MD now owns 19,524,700 shares of the company’s stock valued at $486,557,000 after buying an additional 3,445,788 shares during the period. Abdiel Capital Advisors LP grew its position in shares of Toast by 0.
3% in the 4th quarter. Abdiel Capital Advisors LP now owns 10,913,464 shares of the company’s stock worth $199,280,000 after buying an additional 37,091 shares during the period. Finally, Champlain Investment Partners LLC grew its holdings in Toast by 9.
1% in the first quarter. Champlain Investment Partners LLC now owns 9,976,356 shares of the company’s stock worth $248,611,000 after purchasing an additional 833,390 shares during the period. Institutional investors own 82.
91% of the company’s stock. Toast Stock Up 2.5 % Shares of Toast stock opened at $28.
00 on Friday. The company has a market capitalization of $12.68 billion, a P/E ratio of -56.
00 and a beta of 1.75. Toast has a 52-week low of $13.
77 and a 52-week high of $29.92. The company has a 50 day moving average of $25.
17 and a 200 day moving average of $24.68. Toast ( NYSE:TOST – Get Free Report ) last released its quarterly earnings data on Tuesday, August 6th.
The company reported $0.02 EPS for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.
04. Toast had a negative return on equity of 11.27% and a negative net margin of 3.
10%. The business had revenue of $1.24 billion during the quarter, compared to the consensus estimate of $1.
22 billion. During the same period in the prior year, the firm posted ($0.19) EPS.
The business’s revenue for the quarter was up 27.0% on a year-over-year basis. As a group, research analysts anticipate that Toast will post -0.
1 earnings per share for the current fiscal year. About Toast ( Get Free Report Toast, Inc operates a cloud-based digital technology platform for the restaurant industry in the United States, Ireland, and India. The company offers software products for restaurant operations and point of sale, such as Toast POS, Toast now, multi-location management, kitchen display system, Toast mobile order and pay, Toast catering and events, Toast invoicing, Toast tables, and restaurant retail; and hardware products, including Toast flex, Toast flex for guest, Toast go 2, Toast tap, kiosks, and Delphi by Toast.
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