Is Toast Inc (TOST) positioned for future growth?

With 18.18 million shares changed hands, the volume of the stock remained heavier than its average volume of 7.89 million shares. The 52-week range on TOST shows that it touched its highest point at $44.12 and its lowest point at $21.32 during that stretch. It currently has a 1-year price target of $44.65. Beta for the stock currently stands at 2.03.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of TOST was up-trending over the past week, with a rise of 24.89%, but this was up by 28.99% over a month. Three-month performance surged to 9.63% while six-month performance rose 34.56%. The stock gained 63.91% in the past year, while it has gained 20.60% so far this year. A look at the trailing 12-month EPS for TOST yields 0.23 with Next year EPS estimates of 1.11. For the next quarter, that number is 0.23. This implies an EPS growth rate of 66.38% for this year and 20.14% for next year.

Float and Shares Shorts:

At present, 496.00 million TOST shares are outstanding with a float of 447.72 million shares on hand for trading.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for TOST since 14 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 7 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.21018 being high and -$0.2017 being low. For TOST, this leads to a yearly average estimate of $0.60509.