Waystar Holding Corp. (NASDAQ:WAY) Given Average Rating of “Buy” by Brokerages

Waystar Holding Corp. (NASDAQ:WAY) has been assigned a consensus rating of “Buy” from the eighteen research firms that are presently covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold recommendation, fourteen have issued a buy recommendation and two have issued a strong buy recommendation on the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $37.1875.

WAY has been the subject of a number of research reports. BMO Capital Markets decreased their target price on Waystar from $47.00 to $30.00 and set an “outperform” rating for the company in a research note on Wednesday, February 18th. Leerink Partners initiated coverage on Waystar in a research report on Monday, February 2nd. They issued an “outperform” rating and a $43.00 target price on the stock. The Goldman Sachs Group reduced their price target on shares of Waystar from $44.00 to $38.00 and set a “buy” rating for the company in a report on Wednesday, February 18th. Zacks Research cut shares of Waystar from a “strong-buy” rating to a “hold” rating in a report on Thursday, January 1st. Finally, Loop Capital set a $33.00 target price on shares of Waystar in a research note on Wednesday, February 18th.

Waystar Price Performance

Shares of NASDAQ WAY opened at $25.65 on Friday. The business has a 50 day simple moving average of $28.40 and a 200-day simple moving average of $33.69. Waystar has a twelve month low of $21.13 and a twelve month high of $45.00. The company has a market capitalization of $4.92 billion, a price-to-earnings ratio of 42.05, a price-to-earnings-growth ratio of 1.00 and a beta of 0.75. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.38.

Waystar (NASDAQ:WAY) last released its earnings results on Tuesday, February 17th. The company reported $0.36 earnings per share for the quarter, missing the consensus estimate of $0.39 by ($0.03). Waystar had a net margin of 10.20% and a return on equity of 6.86%. The business had revenue of $303.54 million for the quarter, compared to the consensus estimate of $294.72 million. During the same quarter in the previous year, the firm earned $0.29 EPS. The firm’s revenue for the quarter was up 24.3% on a year-over-year basis. Waystar has set its FY 2026 guidance at 1.590-1.680 EPS. As a group, equities research analysts expect that Waystar will post 0.39 earnings per share for the current year.

Insider Activity at Waystar

In other Waystar news, insider Eric L. (Ric) Sinclair III sold 40,225 shares of the business’s stock in a transaction on Tuesday, January 20th. The stock was sold at an average price of $30.08, for a total transaction of $1,209,968.00. Following the completion of the transaction, the insider owned 474,826 shares in the company, valued at approximately $14,282,766.08. The trade was a 7.81% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CTO Christopher L. Schremser sold 8,623 shares of Waystar stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $30.41, for a total transaction of $262,225.43. Following the sale, the chief technology officer owned 422,371 shares in the company, valued at approximately $12,844,302.11. This represents a 2.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 58,549 shares of company stock valued at $1,790,580. Insiders own 4.10% of the company’s stock.

Institutional Trading of Waystar

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. increased its stake in shares of Waystar by 0.3% during the fourth quarter. Vanguard Group Inc. now owns 12,330,872 shares of the company’s stock valued at $403,836,000 after acquiring an additional 41,062 shares during the period. Advent International L.P. bought a new position in Waystar during the fourth quarter valued at about $362,212,000. William Blair Investment Management LLC grew its holdings in Waystar by 0.4% during the fourth quarter. William Blair Investment Management LLC now owns 5,282,220 shares of the company’s stock worth $172,993,000 after acquiring an additional 19,033 shares during the period. State Street Corp raised its position in Waystar by 4.0% in the fourth quarter. State Street Corp now owns 4,134,052 shares of the company’s stock worth $135,390,000 after acquiring an additional 159,183 shares in the last quarter. Finally, Alliancebernstein L.P. lifted its holdings in Waystar by 4.5% in the 3rd quarter. Alliancebernstein L.P. now owns 3,415,442 shares of the company’s stock valued at $129,514,000 after acquiring an additional 146,510 shares during the last quarter.

About Waystar

Waystar (NASDAQ:WAY) is a leading provider of cloud-based revenue cycle management and payment solutions for healthcare organizations. The company’s unified platform streamlines the entire financial continuum of patient care, from eligibility verification and claim submission to payment reconciliation and patient billing. By automating key processes and improving claim accuracy, Waystar helps providers reduce administrative overhead, accelerate cash flow and enhance overall revenue performance.

At the core of Waystar’s offering is a SaaS-based architecture that integrates seamlessly with existing electronic health record (EHR) systems and payer networks.