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

Shares of Waystar Holding Corp. (NASDAQ:WAY) have received a consensus rating of “Moderate Buy” from the twenty-three ratings firms that are presently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, two have issued a hold rating, seventeen have assigned a buy rating and three have issued a strong buy rating on the company. The average 12 month price objective among brokers that have covered the stock in the last year is $35.6190.

WAY has been the subject of a number of research analyst reports. Needham & Company LLC restated a “buy” rating and set a $33.00 target price on shares of Waystar in a report on Thursday, April 30th. Weiss Ratings cut Waystar from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday. UBS Group decreased their price objective on Waystar from $41.00 to $37.00 and set a “buy” rating for the company in a research note on Thursday, April 30th. JPMorgan Chase & Co. decreased their price objective on Waystar from $40.00 to $38.00 and set an “overweight” rating for the company in a research note on Thursday, April 30th. Finally, Deutsche Bank Aktiengesellschaft decreased their price objective on Waystar from $42.00 to $37.00 and set a “buy” rating for the company in a research note on Thursday, March 12th.

Institutional Investors Weigh In On Waystar

Institutional investors have recently added to or reduced their stakes in the business. Root Financial Partners LLC lifted its stake in Waystar by 6,475.0% during the first quarter. Root Financial Partners LLC now owns 1,052 shares of the company’s stock worth $25,000 after purchasing an additional 1,036 shares during the last quarter. Essential Partners LLC lifted its stake in Waystar by 1,432.7% during the first quarter. Essential Partners LLC now owns 1,548 shares of the company’s stock worth $37,000 after purchasing an additional 1,447 shares during the last quarter. Smartleaf Asset Management LLC lifted its stake in Waystar by 6,005.3% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,160 shares of the company’s stock worth $38,000 after purchasing an additional 1,141 shares during the last quarter. Danske Bank A S purchased a new stake in Waystar in the fourth quarter valued at approximately $52,000. Finally, EverSource Wealth Advisors LLC lifted its stake in Waystar by 3,219.0% in the second quarter. EverSource Wealth Advisors LLC now owns 1,394 shares of the company’s stock valued at $57,000 after buying an additional 1,352 shares during the last quarter.

Waystar Stock Up 5.0%

Shares of NASDAQ:WAY opened at $19.90 on Friday. The business has a 50-day moving average price of $20.61 and a 200 day moving average price of $24.99. The company has a current ratio of 1.76, a quick ratio of 1.76 and a debt-to-equity ratio of 0.37. The company has a market capitalization of $3.82 billion, a price-to-earnings ratio of 29.70, a PEG ratio of 0.75 and a beta of 0.10. Waystar has a 12-month low of $17.26 and a 12-month high of $41.47.

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