Toast is a cloud-based, technology platform purpose-built for the restaurant community. Co.'s platform provides a suite of software as a service ("SaaS") products, financial technology solutions including integrated payment processing, restaurant-grade hardware, and a broad ecosystem of third-party partners. Co. serves as the restaurant operating system, connecting front of house and back of house operations across dine-in, takeout, and delivery channels. We show 6 historical shares outstanding datapoints in our TOST shares outstanding history coverage, used to compute TOST market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing TOST market cap history over the course of time is important for investors
interested in comparing TOST's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of TOST versus a peer is one thing; comparing
TOST market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like TOST can fluctuate over the course of history.
With this page we aim to empower investors researching TOST by allowing them to research the TOST market cap history. |
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Video: The Importance of Market Cap
