How to Buy Toast Stock
Toast Inc
Toast is a software infrastructure company located in Massachusetts, United States, which is part of the Technology sector, and is traded under the ticker TOST on the NYSE exchange.
Toast stock last closed at $22.19, down 2.46% from the previous day, and has increased 26.37% in one year. It has overperformed other stocks in the Software - Infrastructure industry by 0.15 percentage points. Toast stock is currently +61.21% from its 52-week low of $13.77, and -17.81% from its 52-week high of $27.00.
At the moment, there are 548M TOST shares outstanding. The market value of TOST is $12.16B. In the past 24 hours, 4.31M TOST shares were traded.
How to Buy Toast Stock
Not sure how to invest in Toast stock? Here's how.
- Choose where to buy Toast stock: You need to pick a stock brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you determine where to buy Toast stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit funds into your investment account: Select your payment method and add your details.
- Evaluate Toast stock: The Toast ticker symbol is TOST. Is Toast stock a good investment? Should you buy shares of TOST? How do TOST's underlying business fundamentals look? Do top analysts think Toast is a good buy? Why has TOST's stock price moved recently? (Hint: Our stock analysis website can help you decide if TOST is a good stock to buy).
- Execute your TOST purchase: Decide if you will purchase TOST shares at the current market price or use a limit order to purchase TOST stock at a given price.
- Get notifications regarding your investment in TOST: Create a watchlist to watch your investment in Toast stock.
Step 1: Choose where to buy Toast stock
You need an online brokerage account in order to access the NYSE market and buy TOST shares.
Our preferred brokerage: eToro
We believe that eToro is the best brokerage. Here's why:
- You can invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still invest in the stock.
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- Social investing: eToro has a community of more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of stock by opening an account with eToro today.
Open eToro AccountStep 2: Open your brokerage account
Now that you've selected the right brokerage, you'll need to fill out some personal information so you are able to invest in TOST today.
How to Start a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to open your new trading account.
- Send your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you've filled out your info on a investment app, your next step is to transfer the money for your investment:
Check out the tutorial below for more details depositing money into your new investment account.
Step 4: Evaluate Toast stock
After you have selected the best place to buy Toast stock, it's absolutely critical to evaluate their stock prior to buying, so you actually understand the risk and opportunity.
Toast quick stats
Toast Zen Score
WallStreetZen was designed to help everyday investors do more in-depth fundamental analysis in less time.
You can see all of the due diligence checks on TOST's stock page.
How is TOST stock valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge TOST's intrinsic value.
Using relative valuations metrics:
- TOST may be undervalued based on its P/B ratio of 10.18x, relative to Software - Infrastructure industry P/B ratio of 11.64x
You can access more valuation research on TOST's stock here.
TOST Financial Summary
Signs that TOST is financially healthy:
- There are more short-term assets than long-term liabilities on the TOST balance sheet.
- TOST profit margin has gone up from -10.1% to -6.4% in the past year.
- There are more short-term assets than short-term liabilities on the TOST balance sheet.
- TOST's operating cash flow of $135.00M allows it to safely service it's debt of $33.00M.
Signs that TOST is not financially healthy:
- TOST earnings of -$281.00M is not enough to cover its interest payments.
- TOST has a relatively high debt to equity ratio of 0.64.
Is Toast stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 16 Equities analysts who track TOST, the consensus analyst rating on TOST is a Buy
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.
Latest TOST Analyst Forecasts
Timothy Chiodo, a top 24% analyst from UBS maintains TOST with a strong buy rating and raises their TOST price target from $22.00 to $31.00, on Mar 28, 2024.
Dan Dolev, a bottom 1% analyst from Mizuho maintains TOST with a hold rating and maintains their TOST price target from $17.00 to $17.00, on Mar 27, 2024.
Thomas Poutrieux, a bottom 38% analyst from Exane BNP Paribas upgrades TOST to a buy rating and announces their TOST price target of $30.00, on Mar 7, 2024.
Sheriq Sumar, a top 39% analyst from Evercore ISI Group initiates coverage on TOST with a buy rating and announces their TOST price target of $32.00, on Mar 4, 2024.
Clarke Jeffries, a bottom 10% analyst from Piper Sandler maintains TOST with a hold rating and raises their TOST price target from $18.00 to $20.00, on Feb 16, 2024.
You can dive deeper into what analysts are forecasting on the Toast stock forecast page.
TOST Momentum
Is TOST Making Money?
Last year, TOST revenue was $3.87B. In the last four year, TOST's revenue has gone up by 55.27% per year. This was faster than the Software - Infrastructure industry average of 17.02%.
Dig into TOST's earnings and revenue performance here.
Who is buying/selling TOST?
Over the last year, executives and large shareholders at TOST have sold more shares than they have bought.
James Michael Matlock, Principal Accounting Officer of TOST, was the latest TOST insider to sell. They sold $3,930.88 worth of TOST shares on Apr 15, 2024.
Learn more about who owns TOST shares here.
Does TOST stock generate passive income?
No, Toast doesn't provide an income stream by paying out dividends.
Get analysis from other investors
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Execute your TOST purchase
You have two main order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are mostly sufficient. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a given price limit, use a limit order.
Press the Open Trade button and your broker will place your order.
If you need additional help with investing in stocks on eToro, click the how to video below:
Step 6: Get notifications regarding your investment in TOST
Now that you own some TOST stock, you'll want to stay up-to-date on your new investment.
Make a watchlist to monitor your TOST stock.
TOST Feed
How to Buy Stock in Toast
To summarize, here are the 6 steps for buying Toast stock:
- Choose where to buy Toast stock
- Open your brokerage account
- Deposit funds into your investment account
- Evaluate Toast stock
- Execute your TOST purchase
- Get notifications regarding your investment in TOST
If you are looking for a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get the latest news on your new investment in Toast, get started below.
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