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

Waystar Holding Corp. (NASDAQ:WAY) has received a consensus rating of “Buy” from the twenty research firms that are presently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, one has issued a hold recommendation, fifteen have given a buy recommendation and three have issued a strong buy recommendation on the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $37.0556.

Several analysts have weighed in on WAY shares. Weiss Ratings downgraded Waystar from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, March 10th. Zacks Research lowered Waystar from a “strong-buy” rating to a “hold” rating in a report on Thursday, January 1st. Raymond James Financial restated a “strong-buy” rating and set a $35.00 price objective on shares of Waystar in a research note on Thursday, March 5th. Truist Financial reduced their price objective on shares of Waystar from $51.00 to $38.00 and set a “buy” rating for the company in a report on Wednesday, February 18th. Finally, TD Cowen reiterated a “buy” rating on shares of Waystar in a research report on Wednesday, February 18th.

Insider Buying and Selling at Waystar

In related news, insider Eric L. (Ric) Sinclair III sold 40,225 shares of the firm’s stock in a transaction that occurred on Tuesday, January 20th. The shares were sold at an average price of $30.08, for a total transaction of $1,209,968.00. Following the transaction, the insider owned 474,826 shares in the company, valued at $14,282,766.08. This trade represents a 7.81% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 4.10% of the company’s stock.

Institutional Trading of Waystar

A number of hedge funds and other institutional investors have recently modified their holdings of WAY. Pacer Advisors Inc. lifted its holdings in shares of Waystar by 22.1% in the fourth quarter. Pacer Advisors Inc. now owns 3,144 shares of the company’s stock valued at $103,000 after buying an additional 569 shares during the period. State of Tennessee Department of Treasury grew its holdings in Waystar by 188.2% during the fourth quarter. State of Tennessee Department of Treasury now owns 54,465 shares of the company’s stock worth $1,784,000 after acquiring an additional 35,565 shares during the period. Empowered Funds LLC bought a new stake in Waystar in the fourth quarter worth about $124,000. Wellington Management Group LLP raised its position in Waystar by 373.8% in the fourth quarter. Wellington Management Group LLP now owns 671,733 shares of the company’s stock worth $21,999,000 after acquiring an additional 529,970 shares in the last quarter. Finally, SummitTX Capital L.P. acquired a new stake in Waystar in the 4th quarter valued at about $5,944,000.

Waystar Price Performance

NASDAQ WAY opened at $24.65 on Thursday. The company has a 50-day moving average price of $26.49 and a two-hundred day moving average price of $32.70. Waystar has a 52 week low of $21.13 and a 52 week high of $42.55. The stock has a market cap of $4.72 billion, a price-to-earnings ratio of 40.41, a price-to-earnings-growth ratio of 0.96 and a beta of 0.80. 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 issued its quarterly earnings data on Tuesday, February 17th. The company reported $0.36 earnings per share (EPS) 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 business had revenue of $303.54 million for the quarter, compared to analyst estimates of $294.72 million. During the same quarter in the prior year, the firm posted $0.29 earnings per share. The business’s quarterly revenue was up 24.3% on a year-over-year basis. Waystar has set its FY 2026 guidance at 1.590-1.680 EPS. Analysts forecast that Waystar will post 0.39 EPS for the current year.

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.