Team stock price remains resilient despite macroeconomic headwinds. With a beta of 1.2, TEAM has been outpacing tech sector averages in volatility-adjusted performance metrics. However, the price cuts apparently turned out to be news to the folks at Toast, too -- and not intentional. Once the company realized that the prices on its website had been lowered, it quickly restored them to previous levels. In fact, a few packages are now slightly more expensive than before. The total value, or equity value, is then the sum of the present value of the future cash flows, which in this case is US$73b. The last step is to then divide the equity value by the number of shares outstanding. Compared to the current share price of US$151, the company appears quite undervalued at a 46% discount to where the stock price trades currently. Remember though, that this is just an approximate valuation, and like any complex formula - garbage in, garbage out. Market chatter signals that team stock price could benefit from broader Nasdaq gains, with tech peers reporting record billings. Chart analysis shows support at $190.50 and resistance at $198.70.
