Toast Inc (NYSE: TOST) Recovers 208.43% From 52-Week Low, Is TOST Still A High-Risk, High-Reward Play?

Toast Inc (NYSE:TOST) currently has a daily average trading volume of 6.79M but it saw 4873176 shares traded in last market. With a market cap of 24.51B USD, the company’s current market price of $43.18 came falling about -0.07 while comparing to the previous closing price of $43.21. In past 52 weeks, the stock remained buoying in the range of price level as high as $44.12 and as low as $14.00. In the recent trading on the day, stock has struck highest price mark of $42.5 while lowest mark touched by it was $43.52.

Taking a look at 20-day trading activity of Toast Inc (TOST) gives us an average price of $38.10, while its current price level is -2.12% below from 52-week high level whereas it is 208.43% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $32.45 while that of 200 days or SMA-200 reads an average of $26.33. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.56% during that period while stretching the period over a month that increases to 4.00%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 84.97 which implies that the stock is in overbought territory.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Compass Point which initiated the stock as “Buy” in its note to investors issued on November 20, 2024, recommending a price target of $49 for it. Exane BNP Paribas downgraded its recommendation for the stock as a “Neutral” from “Outperform” on November 20, 2024 while assigning a price target of $37. Cleveland Research also issued its recommendations for the stock as it initiated the price target for the stock is $33.

Over the week, TOST’s stock price is moving 1.60% up while it is 43.74% when we observe its performance for the past one month. Year-to-date it is 136.47% up and over the past year, the stock is showing an upside performance of 193.34%.

The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of -0.08 beaten by the consensus estimate of -0.01 for the same. The company is expected to be releasing its next quarterly report in December, for which analysts forecasted an EPS of 0.16 while estimate for next year EPS is 0.59. In next quarter, company is expected to be making quarterly sales of $1.35B as analysts are expecting the sales for current fiscal year at $4.93B and seeing the company making $6.09B in sales next year. Moreover, analysts are in estimates of $1.31B for current-quarter revenue.

Currently, Toast Inc’s total number of outstanding shares is 429.00M with 9.68% of that held by the insiders while 88.25% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -3.39% and return on equity (ROE) at -3.81%. It has a 54.80 of forward P/E ratio. Stock’s beta reads 1.92. Stock has a price to book (P/B) ratio of 17.18 while price to sale or P/S ratio amounts to 5.26. Its return on asset (ROA) is -2.41% on average.