Toast, Inc. (NYSE:TOST – Get Rating) CEO Christopher P. Comparato sold 33,333 shares of the firm’s stock in a transaction dated Friday, May 19th. The shares were sold at an average price of $20.68, for a total value of $689,326.44. Following the sale, the chief executive officer now owns 50,816 shares in the company, valued at $1,050,874.88. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.
Toast Price Performance
NYSE:TOST opened at $21.30 on Tuesday. Toast, Inc. has a 12-month low of $12.15 and a 12-month high of $26.03. The firm has a market capitalization of $11.30 billion, a P/E ratio of -32.77 and a beta of 1.75. The business has a 50 day simple moving average of $17.97 and a 200 day simple moving average of $19.00.
Toast (NYSE:TOST – Get Rating) last released its quarterly earnings data on Tuesday, May 9th. The company reported ($0.16) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.18) by $0.02. Toast had a negative return on equity of 29.74% and a negative net margin of 11.01%. The business had revenue of $819.00 million during the quarter, compared to analyst estimates of $763.11 million. During the same quarter in the previous year, the firm posted ($0.20) EPS. The business’s revenue for the quarter was up 53.1% compared to the same quarter last year. Research analysts anticipate that Toast, Inc. will post -0.57 EPS for the current fiscal year.
Institutional Inflows and Outflows
Wall Street Analyst Weigh In
TOST has been the topic of several analyst reports. Deutsche Bank Aktiengesellschaft initiated coverage on Toast in a report on Thursday, April 6th. They set a “hold” rating and a $20.00 target price on the stock. KeyCorp dropped their price objective on Toast from $26.00 to $24.00 and set an “overweight” rating on the stock in a report on Wednesday, April 5th. BNP Paribas started coverage on Toast in a report on Thursday, March 23rd. They set a “neutral” rating and a $16.00 price objective on the stock. Credit Suisse Group lifted their price objective on Toast from $21.50 to $23.00 and gave the stock a “neutral” rating in a report on Friday, February 17th. Finally, Sumitomo Mitsui Financial Group downgraded Toast from an “outperform” rating to a “neutral” rating and dropped their price objective for the stock from $26.00 to $23.00 in a report on Friday, February 17th. Nine analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $22.75.
Toast, Inc operates a cloud-based and digital technology platform for the restaurant industry in the United States and Ireland. The company offers Toast Point of Sale (POS), a hardware product; Toast Order & Pay, which allows guests to order and pay from their mobile devices; Toast Flex that is used for on-counter order and pay, as well as used as a server station, guest kiosk, kitchen display system, or order fulfillment station; Toast Go, a handheld POS device that enhances the table turn times through tableside ordering and payment acceptance; and Toast Tap, a card reader.
- Get a free copy of the StockNews.com research report on Toast (TOST)
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