Head to Head Analysis: Waystar (WAY) and Its Peers

Waystar (NASDAQ:WAY) is one of 94 public companies in the “Computer integrated systems design” industry, but how does it compare to its peers? We will compare Waystar to similar businesses based on the strength of its profitability, risk, institutional ownership, dividends, earnings, analyst recommendations and valuation.

Analyst Ratings

This is a summary of current recommendations and price targets for Waystar and its peers, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Waystar	0	0	12	1	3.08
Waystar Competitors	594	2296	3888	128	2.51

Waystar currently has a consensus price target of $40.50, indicating a potential upside of 6.02%. As a group, “Computer integrated systems design” companies have a potential upside of 16.73%. Given Waystar’s peers higher probable upside, analysts plainly believe Waystar has less favorable growth aspects than its peers.

Profitability

This table compares Waystar and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Waystar	N/A	N/A	N/A
Waystar Competitors	-168.48%	-246.80%	-16.41%

Earnings and Valuation

This table compares Waystar and its peers top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Waystar	$975.19 million	-$51.33 million	424.44
Waystar Competitors	$1.86 billion	$24.52 million	12.88

Waystar’s peers have higher revenue and earnings than Waystar. Waystar is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.

Institutional & Insider Ownership

54.0% of shares of all “Computer integrated systems design” companies are held by institutional investors. 4.1% of Waystar shares are held by insiders. Comparatively, 18.4% of shares of all “Computer integrated systems design” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Summary

Waystar beats its peers on 7 of the 12 factors compared.

About Waystar

Waystar Holding Corp. is a software company which provide healthcare payments. Waystar Holding Corp. is based in LEHI, Utah.