Waystar Holding Corp. (NASDAQ:WAY) Given Average Rating of “Buy” by Analysts

Shares of Waystar Holding Corp. (NASDAQ:WAY) have been assigned an average recommendation of “Buy” from the twenty-three brokerages that are currently covering the firm, Marketbeat.com reports. Three investment analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and three have assigned a strong buy rating to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $35.6190.

Several equities analysts recently issued reports on WAY shares. Loop Capital set a $33.00 price objective on Waystar in a research note on Wednesday, February 18th. The Goldman Sachs Group reduced their price objective on Waystar from $44.00 to $38.00 and set a “buy” rating on the stock in a research note on Wednesday, February 18th. Freedom Capital upgraded Waystar from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 18th. TD Cowen reaffirmed a “buy” rating on shares of Waystar in a research report on Wednesday, February 18th. Finally, JPMorgan Chase & Co. dropped their target price on Waystar from $40.00 to $38.00 and set an “overweight” rating on the stock in a research report on Thursday, April 30th.

Institutional Investors Weigh In On Waystar

Large investors have recently added to or reduced their stakes in the stock. ANTIPODES PARTNERS Ltd increased its position in Waystar by 120.1% in the third quarter. ANTIPODES PARTNERS Ltd now owns 823 shares of the company’s stock worth $31,000 after buying an additional 449 shares during the period. Root Financial Partners LLC increased its position in Waystar by 6,475.0% in the first quarter. Root Financial Partners LLC now owns 1,052 shares of the company’s stock worth $25,000 after buying an additional 1,036 shares during the period. Smartleaf Asset Management LLC increased its position in Waystar by 6,005.3% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,160 shares of the company’s stock worth $38,000 after buying an additional 1,141 shares during the period. EverSource Wealth Advisors LLC increased its position in Waystar by 3,219.0% in the second quarter. EverSource Wealth Advisors LLC now owns 1,394 shares of the company’s stock worth $57,000 after buying an additional 1,352 shares during the period. Finally, Essential Partners LLC increased its position in Waystar by 1,432.7% in the first quarter. Essential Partners LLC now owns 1,548 shares of the company’s stock worth $37,000 after buying an additional 1,447 shares during the period.

Waystar Stock Performance

Shares of WAY opened at $20.00 on Tuesday. The business’s fifty day moving average price is $21.99 and its 200 day moving average price is $26.77. Waystar has a 12-month low of $17.89 and a 12-month high of $41.49. The stock has a market capitalization of $3.84 billion, a PE ratio of 29.85, a price-to-earnings-growth ratio of 0.79 and a beta of 0.10. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.76 and a quick ratio of 1.76.

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, topping the consensus estimate of $0.39 by $0.03. Waystar had a return on equity of 6.99% and a net margin of 10.90%.The firm had revenue of $313.87 million for the quarter, compared to analysts’ expectations of $311.74 million. During the same period last year, the business posted $0.32 earnings per share. The firm’s revenue for the quarter was up 22.4% on a year-over-year basis. Waystar has set its FY 2026 guidance at 1.590-1.680 EPS. Equities research analysts forecast that Waystar will post 1.46 EPS for the current year.

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.