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

Shares of Waystar Holding Corp. (NASDAQ:WAY) have been given an average recommendation of “Moderate Buy” by the twenty-four research firms that are covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation, eighteen have given a buy recommendation and three have assigned a strong buy recommendation to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $35.2273.

A number of brokerages have weighed in on WAY. Bank of America lowered their target price on Waystar from $45.00 to $38.00 and set a “buy” rating for the company in a report on Friday, April 10th. Needham & Company LLC reaffirmed a “buy” rating and set a $33.00 price objective on shares of Waystar in a research report on Thursday, April 30th. UBS Group set a $34.00 price objective on shares of Waystar in a research note on Monday. JPMorgan Chase & Co. dropped their target price on shares of Waystar from $40.00 to $38.00 and set an “overweight” rating on the stock in a research report on Thursday, April 30th. Finally, Wall Street Zen lowered shares of Waystar from a “buy” rating to a “hold” rating in a research note on Sunday, May 24th.

Hedge Funds Weigh In On Waystar

Several institutional investors have recently made changes to their positions in the stock. Root Financial Partners LLC boosted its position in shares of Waystar by 6,475.0% during the 1st 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 in the last quarter. Essential Partners LLC grew its stake in shares of Waystar by 1,432.7% in the 1st quarter. Essential Partners LLC now owns 1,548 shares of the company’s stock valued at $37,000 after buying an additional 1,447 shares during the period. Smartleaf Asset Management LLC grew its stake in shares of Waystar by 6,005.3% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,160 shares of the company’s stock valued at $38,000 after buying an additional 1,141 shares during the period. Danske Bank A S bought a new stake in Waystar in the 4th quarter valued at about $52,000. Finally, EverSource Wealth Advisors LLC increased its position in Waystar by 3,219.0% in the 2nd 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 in the last quarter.

Waystar Stock Performance

WAY stock opened at $21.51 on Wednesday. The stock has a 50-day moving average price of $20.26 and a 200-day moving average price of $23.73. Waystar has a 1-year low of $17.26 and a 1-year high of $41.47. 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 firm has a market cap of $4.13 billion, a PE ratio of 32.10, a price-to-earnings-growth ratio of 0.87 and a beta of 0.08.

Waystar (NASDAQ:WAY) last announced its quarterly earnings data on Wednesday, April 29th. The company reported $0.42 earnings per share (EPS) for the quarter, beating 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 company had revenue of $313.87 million for the quarter, compared to the consensus estimate of $311.74 million. During the same period in the previous year, the business earned $0.32 EPS. The firm’s revenue was up 22.4% compared to the same quarter last year. Waystar has set its FY 2026 guidance at 1.590-1.680 EPS. As a group, equities research analysts expect that Waystar will post 1.46 earnings per share for the current year.

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.