Waystar Holding Corp. (NASDAQ:WAY) Receives Consensus Recommendation of “Buy” from Analysts

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

A number of equities analysts have commented on WAY shares. Wall Street Zen cut Waystar from a “buy” rating to a “hold” rating in a report on Saturday. Mizuho set a $42.00 price objective on Waystar in a research note on Wednesday, February 4th. Loop Capital set a $33.00 target price on shares of Waystar in a research note on Wednesday. TD Cowen reaffirmed a “buy” rating on shares of Waystar in a report on Wednesday. Finally, Jefferies Financial Group reissued a “buy” rating and issued a $41.00 price target on shares of Waystar in a research note on Wednesday.

Waystar Stock Down 2.8%

Shares of NASDAQ WAY opened at $25.07 on Friday. The firm has a market cap of $4.81 billion, a price-to-earnings ratio of 41.10, a price-to-earnings-growth ratio of 0.93 and a beta of 0.75. The company’s 50-day simple moving average is $29.15 and its 200-day simple moving average is $34.01. The company has a quick ratio of 3.89, a current ratio of 1.41 and a debt-to-equity ratio of 0.38. Waystar has a 52-week low of $21.13 and a 52-week high of $45.00.

Waystar (NASDAQ:WAY) last released its quarterly 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 return on equity of 6.86% and a net margin of 10.20%.The company had revenue of $303.54 million for the quarter, compared to analyst estimates of $294.72 million. During the same quarter last year, the company 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. Equities analysts predict that Waystar will post 0.39 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CMO Melissa F. (Missy) Miller sold 3,400 shares of the stock in a transaction that occurred on Tuesday, November 25th. The stock was sold at an average price of $37.00, for a total value of $125,800.00. Following the completion of the sale, the chief marketing officer owned 193,261 shares of the company’s stock, valued at approximately $7,150,657. This trade represents a 1.73% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CTO Christopher L. Schremser sold 8,623 shares of Waystar stock in a transaction that occurred on Wednesday, December 10th. The stock was sold at an average price of $30.41, for a total value of $262,225.43. Following the transaction, the chief technology officer owned 422,371 shares in the company, valued at approximately $12,844,302.11. The trade was a 2.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 61,949 shares of company stock valued at $1,916,380 in the last ninety days. 4.10% of the stock is currently owned by corporate insiders.

Institutional Trading of Waystar

A number of hedge funds and other institutional investors have recently modified their holdings of WAY. Royal Bank of Canada boosted its position in shares of Waystar by 11.3% during the 1st quarter. Royal Bank of Canada now owns 21,609 shares of the company’s stock valued at $808,000 after acquiring an additional 2,195 shares during the last quarter. AQR Capital Management LLC purchased a new position in Waystar during the first quarter worth about $203,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Waystar by 91.1% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,911 shares of the company’s stock valued at $1,753,000 after purchasing an additional 22,364 shares during the last quarter. NewEdge Advisors LLC acquired a new position in Waystar in the 1st quarter valued at about $234,000. Finally, Goldman Sachs Group Inc. grew its stake in shares of Waystar by 13.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 747,268 shares of the company’s stock valued at $27,918,000 after buying an additional 88,256 shares during the period.

Waystar Company Profile

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.