Waystar Holding Corp. $WAY Stake Raised by Vanguard Group Inc.

Vanguard Group Inc. increased its holdings in Waystar Holding Corp. (NASDAQ:WAY) by 0.3% in the 4th quarter, Holdings Channel reports. The fund owned 12,330,872 shares of the company’s stock after purchasing an additional 41,062 shares during the period. Vanguard Group Inc. owned approximately 0.06% of Waystar worth $403,836,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Salomon & Ludwin LLC purchased a new stake in Waystar in the 3rd quarter worth about $25,000. ANTIPODES PARTNERS Ltd lifted its stake in Waystar by 120.1% in the 3rd quarter. ANTIPODES PARTNERS Ltd now owns 823 shares of the company’s stock worth $31,000 after acquiring an additional 449 shares in the last quarter. First Horizon Corp purchased a new stake in Waystar in the 3rd quarter worth about $38,000. EverSource Wealth Advisors LLC lifted its stake in Waystar by 3,219.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,394 shares of the company’s stock worth $57,000 after acquiring an additional 1,352 shares in the last quarter. Finally, GAMMA Investing LLC lifted its stake in Waystar by 613.4% in the 4th quarter. GAMMA Investing LLC now owns 1,762 shares of the company’s stock worth $58,000 after acquiring an additional 1,515 shares in the last quarter.

Waystar Stock Down 3.5%

WAY opened at $19.90 on Thursday. Waystar Holding Corp. has a fifty-two week low of $19.78 and a fifty-two week high of $42.55. The business has a 50-day moving average of $24.39 and a 200-day moving average of $29.41. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.76 and a quick ratio of 1.76. The company has a market capitalization of $3.82 billion, a PE ratio of 29.70, a price-to-earnings-growth ratio of 0.82 and a beta of 0.21.

Waystar (NASDAQ:WAY) last posted its quarterly earnings results on Wednesday, April 29th. The company reported $0.42 earnings per share for the quarter, topping analysts’ consensus estimates of $0.39 by $0.03. The company had revenue of $313.87 million during the quarter, compared to the consensus estimate of $311.74 million. Waystar had a return on equity of 6.99% and a net margin of 10.90%.The business’s quarterly revenue was up 22.4% on a year-over-year basis. During the same period last year, the business earned $0.32 EPS. Waystar has set its FY 2026 guidance at 1.590-1.680 EPS. Equities research analysts forecast that Waystar Holding Corp. will post 1.45 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on WAY. The Goldman Sachs Group reduced their price objective on Waystar from $44.00 to $38.00 and set a “buy” rating for the company in a research note on Wednesday, February 18th. TD Cowen reaffirmed a “buy” rating on shares of Waystar in a research note on Wednesday, February 18th. Canaccord Genuity Group cut their price target on Waystar from $54.00 to $30.00 and set a “buy” rating for the company in a research note on Wednesday, February 18th. Raymond James Financial reaffirmed a “strong-buy” rating and set a $32.00 price target on shares of Waystar in a research note on Thursday, April 30th. Finally, Morgan Stanley began coverage on Waystar in a research note on Monday, March 30th. They set an “equal weight” rating and a $28.00 price target for the company. Three research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, Waystar currently has a consensus rating of “Buy” and an average price target of $36.14.

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.