1 week Ago By Defense World Staff
Stock analysts at Oppenheimer started coverage on shares of Toast ( NYSE:TOST – Get Free Report ) in a report issued on Friday, MarketBeat reports. The brokerage set an “outperform” rating and a $46.00 price target on the stock.
Oppenheimer’s price target would suggest a potential upside of 16.97% from the company’s previous close. Several other equities research analysts have also recently commented on the stock.
Wells Fargo & Company lifted their price target on shares of Toast from $25.00 to $30.00 and gave the stock an “underweight” rating in a research report on Thursday, January 16th.
Deutsche Bank Aktiengesellschaft increased their price target on Toast from $24.00 to $30.00 and gave the company a “hold” rating in a research note on Monday, November 4th.
The Goldman Sachs Group decreased their price objective on Toast from $45.00 to $40.00 and set a “neutral” rating for the company in a research note on Friday, January 10th.
Compass Point initiated coverage on Toast in a research note on Wednesday, November 20th. They issued a “buy” rating and a $49.00 target price on the stock.
Finally, Piper Sandler boosted their target price on Toast from $25.00 to $35.00 and gave the stock a “neutral” rating in a research report on Monday, November 11th.
One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating and eleven have issued a buy rating to the stock. According to MarketBeat.com, Toast has a consensus rating of “Hold” and an average price target of $35.
74. Check Out Our Latest Report on TOST Toast Trading Down 1.7 % Toast ( NYSE:TOST – Get Free Report ) last announced its quarterly earnings data on Thursday, November 7th.
The company reported $0.07 EPS for the quarter, beating analysts’ consensus estimates of $0.01 by $0.
06. Toast had a negative return on equity of 3.84% and a negative net margin of 1.
05%. The firm had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.
29 billion. During the same period last year, the company earned ($0.09) EPS.
On average, equities research analysts forecast that Toast will post 0.03 earnings per share for the current fiscal year. Insider Activity In other news, CRO Jonathan Vassil sold 1,367 shares of Toast stock in a transaction on Monday, November 4th.
The stock was sold at an average price of $31.08, for a total value of $42,486.36.
Following the transaction, the executive now owns 39,834 shares in the company, valued at approximately $1,238,040.72. This trade represents a 3.
32 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink . Also, CEO Aman Narang sold 1,646 shares of the company’s stock in a transaction on Monday, November 4th.
The stock was sold at an average price of $31.08, for a total value of $51,157.68.
Following the sale, the chief executive officer now owns 969,970 shares of the company’s stock, valued at approximately $30,146,667.60. This represents a 0.
17 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Insiders have sold 562,600 shares of company stock valued at $21,823,932 over the last ninety days.
13.32% of the stock is currently owned by company insiders. Institutional Inflows and Outflows A number of institutional investors and hedge funds have recently made changes to their positions in the stock.
Blue Trust Inc. boosted its stake in shares of Toast by 120.4% during the fourth quarter.
Blue Trust Inc. now owns 692 shares of the company’s stock valued at $25,000 after purchasing an additional 378 shares in the last quarter. Piscataqua Savings Bank acquired a new stake in Toast during the 4th quarter worth approximately $26,000.
Toth Financial Advisory Corp bought a new stake in Toast during the 3rd quarter worth approximately $28,000. Raleigh Capital Management Inc. increased its position in Toast by 93.
4% in the 3rd quarter. Raleigh Capital Management Inc. now owns 1,491 shares of the company’s stock valued at $42,000 after acquiring an additional 720 shares during the period.
Finally, Farther Finance Advisors LLC raised its stake in shares of Toast by 32.3% during the third quarter. Farther Finance Advisors LLC now owns 2,033 shares of the company’s stock valued at $58,000 after acquiring an additional 496 shares during the last quarter.
Institutional investors own 82.91% of the company’s stock. Toast Company Profile ( 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. Featured Stories Five stocks we like better than Toast What Are Dividend Challengers? Bloom Energy: Powering the Future With Decentralized Energy 3 Dividend Kings To Consider Dividend Powerhouses: Blue-Chip Stocks Built for the Long Haul Why is the Ex-Dividend Date Significant to Investors? Why Traders Are Buying the Dip on Johnson & Johnson Stock Receive News & Ratings for Toast Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Toast and related companies with MarketBeat.com's FREE daily email newsletter .
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