Capital Research Global Investors Acquires New Shares in Waystar Holding Corp. $WAY

Capital Research Global Investors acquired a new stake in Waystar Holding Corp. (NASDAQ:WAY) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 495,000 shares of the company’s stock, valued at approximately $16,211,000. Capital Research Global Investors owned about 0.26% of Waystar at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. ANTIPODES PARTNERS Ltd lifted its stake in shares of Waystar by 120.1% in the 3rd quarter. ANTIPODES PARTNERS Ltd now owns 823 shares of the company’s stock valued at $31,000 after purchasing an additional 449 shares during the last quarter. Pacer Advisors Inc. boosted its holdings in Waystar by 22.1% during the fourth quarter. Pacer Advisors Inc. now owns 3,144 shares of the company’s stock valued at $103,000 after acquiring an additional 569 shares during the period. State of Wyoming boosted its holdings in Waystar by 45.1% during the second quarter. State of Wyoming now owns 2,098 shares of the company’s stock valued at $86,000 after acquiring an additional 652 shares during the period. EverSource Wealth Advisors LLC boosted its holdings in Waystar by 51.6% during the third quarter. EverSource Wealth Advisors LLC now owns 2,113 shares of the company’s stock valued at $80,000 after acquiring an additional 719 shares during the period. Finally, ProShare Advisors LLC boosted its holdings in Waystar by 3.7% during the fourth quarter. ProShare Advisors LLC now owns 21,474 shares of the company’s stock valued at $703,000 after acquiring an additional 764 shares during the period.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. Barclays decreased their price target on shares of Waystar from $36.00 to $25.00 and set an “overweight” rating for the company in a report on Wednesday, May 20th. Truist Financial decreased their price target 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. Needham & Company LLC restated a “buy” rating and set a $33.00 price target on shares of Waystar in a report on Thursday, April 30th. BMO Capital Markets decreased their price target on shares of Waystar from $47.00 to $30.00 and set an “outperform” rating for the company in a report on Wednesday, February 18th. Finally, Weiss Ratings upgraded shares of Waystar from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, May 4th. Three research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $35.62.

Waystar Stock Up 1.0%

Shares of WAY opened at $19.17 on Wednesday. The company has a 50-day simple moving average of $21.78 and a 200-day simple moving average of $26.50. The firm has a market capitalization of $3.68 billion, a P/E ratio of 28.61, a P/E/G ratio of 0.75 and a beta of 0.10. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.76 and a current ratio of 1.76. Waystar Holding Corp. has a 52 week low of $17.89 and a 52 week high of $41.47.

Waystar (NASDAQ:WAY) last announced its quarterly earnings data on Wednesday, April 29th. The company reported $0.42 EPS for the quarter, beating analysts’ consensus estimates of $0.39 by $0.03. The business had revenue of $313.87 million during the quarter, compared to analyst estimates of $311.74 million. Waystar had a net margin of 10.90% and a return on equity of 6.99%. The firm’s revenue for the quarter was up 22.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.32 earnings per share. Waystar has set its FY 2026 guidance at 1.590-1.680 EPS. On average, equities research analysts expect that Waystar Holding Corp. will post 1.46 earnings per share 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.