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

Waystar Holding Corp. (NASDAQ:WAY) has earned a consensus rating of “Buy” from the eighteen brokerages that are covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation, fourteen have issued a buy recommendation and two have issued a strong buy recommendation on the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $37.1875.

WAY has been the subject of a number of research analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of Waystar in a research note on Wednesday, January 21st. Loop Capital set a $33.00 price objective on Waystar in a research note on Wednesday. Mizuho set a $42.00 target price on Waystar in a report on Wednesday, February 4th. Leerink Partners began coverage on shares of Waystar in a report on Monday, February 2nd. They issued an “outperform” rating and a $43.00 price target on the stock. Finally, Truist Financial decreased their price objective on shares of Waystar from $51.00 to $38.00 and set a “buy” rating for the company in a research note on Wednesday.

Waystar Stock Down 2.8%

NASDAQ:WAY opened at $25.07 on Friday. The company has a market cap of $4.81 billion, a PE ratio of 41.10, a P/E/G ratio of 0.93 and a beta of 0.75. Waystar has a twelve month low of $21.13 and a twelve month high of $45.00. The company has a current ratio of 1.41, a quick ratio of 3.89 and a debt-to-equity ratio of 0.38. The company’s 50 day moving average is $29.15 and its two-hundred day moving average is $34.01.

Waystar (NASDAQ:WAY) last posted its quarterly earnings results on Tuesday, February 17th. The company reported $0.36 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $294.72 million. During the same period in the prior year, the business posted $0.29 EPS. The company’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 anticipate that Waystar will post 0.39 EPS for the current year.

Insider Activity at Waystar

In other news, insider Eric L. (Ric) Sinclair III sold 40,225 shares of the business’s stock in a transaction dated Tuesday, January 20th. The stock was sold at an average price of $30.08, for a total value of $1,209,968.00. Following the completion of the transaction, the insider owned 474,826 shares of the company’s stock, valued at $14,282,766.08. The trade was a 7.81% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CMO Melissa F. (Missy) Miller sold 3,400 shares of the company’s stock in a transaction dated 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 in the company, valued at $7,150,657. The trade was a 1.73% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 61,949 shares of company stock worth $1,916,380 over the last three months. Company insiders own 4.10% of the company’s stock.

Institutional Investors Weigh In On Waystar

Hedge funds have recently modified their holdings of the company. Nisa Investment Advisors LLC increased its stake in shares of Waystar by 50.6% in the 2nd quarter. Nisa Investment Advisors LLC now owns 1,065 shares of the company’s stock valued at $44,000 after purchasing an additional 358 shares in the last quarter. ANTIPODES PARTNERS Ltd grew its holdings in Waystar by 120.1% in the third 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 period. Kennedy Capital Management LLC grew its holdings in Waystar by 0.5% in the fourth quarter. Kennedy Capital Management LLC now owns 106,207 shares of the company’s stock valued at $3,478,000 after purchasing an additional 559 shares during the period. Pacer Advisors Inc. increased its position 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 in the last quarter. Finally, BCS Private Wealth Management Inc. raised its stake in shares of Waystar by 8.4% during the 3rd quarter. BCS Private Wealth Management Inc. now owns 7,455 shares of the company’s stock worth $283,000 after buying an additional 575 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.