Toast, Inc. (NYSE:TOST – Get Free Report) CEO Aman Narang sold 6,355 shares of the firm’s stock in a transaction on Tuesday, July 2nd. The shares were sold at an average price of $25.64, for a total value of $162,942.20. Following the transaction, the chief executive officer now directly owns 1,131,043 shares in the company, valued at $28,999,942.52. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
Toast Stock Performance
Shares of NYSE TOST opened at $25.31 on Friday. Toast, Inc. has a one year low of $13.77 and a one year high of $27.90. The business has a 50-day moving average price of $24.72 and a two-hundred day moving average price of $22.25.
Toast (NYSE:TOST – Get Free Report) last posted its quarterly earnings results on Tuesday, May 7th. The company reported ($0.15) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.15). Toast had a negative return on equity of 21.45% and a negative net margin of 6.02%. The company had revenue of $1.08 billion during the quarter, compared to the consensus estimate of $1.04 billion. During the same period last year, the business earned ($0.16) EPS. The business’s quarterly revenue was up 31.3% on a year-over-year basis. As a group, analysts anticipate that Toast, Inc. will post -0.14 earnings per share for the current year.
Institutional Inflows and Outflows
Wall Street Analyst Weigh In
TOST has been the topic of a number of research analyst reports. Piper Sandler raised their price target on Toast from $20.00 to $25.00 and gave the company a “neutral” rating in a report on Thursday, May 9th. Wedbush reaffirmed an “outperform” rating and set a $30.00 target price on shares of Toast in a report on Thursday, May 30th. Stephens reaffirmed an “equal weight” rating and set a $28.00 target price on shares of Toast in a report on Thursday, May 30th. Baird R W lowered Toast from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 21st. Finally, UBS Group lifted their target price on Toast from $22.00 to $31.00 and gave the stock a “buy” rating in a report on Thursday, March 28th. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $26.14.
View Our Latest Stock Report on Toast
Toast Company Profile
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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