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

Waystar Holding Corp. (NASDAQ:WAY) has received an average recommendation of “Buy” from the twenty analysts that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, one has issued a hold rating, fifteen have issued a buy rating and three have issued a strong buy rating on the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $37.0556.

A number of equities analysts have weighed in on WAY shares. Canaccord Genuity Group reduced their price objective on shares of Waystar from $54.00 to $30.00 and set a “buy” rating for the company in a research report on Wednesday, February 18th. Wells Fargo & Company dropped their target price on shares of Waystar from $41.00 to $36.00 and set an “overweight” rating on the stock in a research report on Thursday, February 19th. The Goldman Sachs Group cut their target price on shares of Waystar from $44.00 to $38.00 and set a “buy” rating for the company in a research note on Wednesday, February 18th. Barclays reduced their price target on shares of Waystar from $42.00 to $36.00 and set an “overweight” rating for the company in a research report on Wednesday, February 18th. Finally, Citigroup decreased their price target on shares of Waystar from $46.00 to $35.00 and set a “buy” rating on the stock in a research note on Wednesday, February 18th.

Insider Activity at Waystar

In related news, insider Eric L. (Ric) Sinclair III sold 40,225 shares of the business’s stock in a transaction that occurred on Tuesday, January 20th. The stock was sold at an average price of $30.08, for a total transaction of $1,209,968.00. Following the completion of the sale, the insider directly owned 474,826 shares in the company, valued at approximately $14,282,766.08. The trade was a 7.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 4.10% of the company’s stock.

Institutional Investors Weigh In On Waystar

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its holdings in shares of Waystar by 0.3% during the fourth quarter. Vanguard Group Inc. now owns 12,330,872 shares of the company’s stock worth $403,836,000 after buying an additional 41,062 shares in the last quarter. Advent International L.P. purchased a new position in shares of Waystar in the fourth quarter worth about $362,212,000. William Blair Investment Management LLC boosted its position in Waystar by 0.4% during the fourth quarter. William Blair Investment Management LLC now owns 5,282,220 shares of the company’s stock worth $172,993,000 after acquiring an additional 19,033 shares during the last quarter. State Street Corp grew its stake in Waystar by 4.0% during the 4th quarter. State Street Corp now owns 4,134,052 shares of the company’s stock valued at $135,390,000 after acquiring an additional 159,183 shares in the last quarter. Finally, Alliancebernstein L.P. grew its stake in Waystar by 4.5% during the 3rd quarter. Alliancebernstein L.P. now owns 3,415,442 shares of the company’s stock valued at $129,514,000 after acquiring an additional 146,510 shares in the last quarter.

Waystar Stock Performance

Shares of WAY stock opened at $24.14 on Thursday. 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 has a 12-month low of $21.13 and a 12-month high of $42.55. The business’s 50 day moving average is $25.73 and its two-hundred day moving average is $32.24. The company has a market capitalization of $4.63 billion, a P/E ratio of 39.57, a P/E/G ratio of 0.93 and a beta of 0.80.

Waystar (NASDAQ:WAY) last posted its quarterly earnings data on Tuesday, February 17th. The company reported $0.36 EPS for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.03). The business had revenue of $303.54 million during the quarter, compared to analysts’ expectations of $294.72 million. Waystar had a net margin of 10.20% and a return on equity of 6.86%. The firm’s quarterly revenue was up 24.3% compared to the same quarter last year. During the same quarter last year, the firm earned $0.29 earnings per share. Waystar has set its FY 2026 guidance at 1.590-1.680 EPS. Analysts expect that Waystar will post 0.39 EPS for the current fiscal 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.