Shares of Waystar Holding Corp. (NASDAQ:WAY - Get Free Report) have earned a consensus recommendation of "Buy" from the eleven ratings firms that are presently covering the company, Marketbeat reports. Eleven analysts have rated the stock with a buy rating. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $29.40.
A number of brokerages have commented on WAY. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Waystar from $27.00 to $31.00 and gave the stock a "buy" rating in a research note on Wednesday, August 14th. Canaccord Genuity Group assumed coverage on Waystar in a research report on Tuesday, July 2nd. They set a "buy" rating and a $30.00 price objective on the stock. Barclays started coverage on Waystar in a report on Tuesday, July 2nd. They issued an "overweight" rating and a $24.00 target price for the company. Royal Bank of Canada increased their price target on Waystar from $27.00 to $31.00 and gave the company an "outperform" rating in a report on Friday, September 6th. Finally, Raymond James started coverage on Waystar in a research report on Tuesday, July 2nd. They issued an "outperform" rating and a $30.00 price target for the company.
Get Our Latest Stock Report on Waystar
Waystar Trading Down 0.2 %
Shares of Waystar stock traded down $0.05 during trading on Thursday, reaching $27.88. 444,131 shares of the stock traded hands, compared to its average volume of 875,674. Waystar has a 52-week low of $20.26 and a 52-week high of $28.57. The company has a quick ratio of 2.15, a current ratio of 2.15 and a debt-to-equity ratio of 0.46. The firm's fifty day moving average price is $26.16.
Waystar (NASDAQ:WAY - Get Free Report) last released its quarterly earnings data on Wednesday, August 7th. The company reported $0.04 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.01) by $0.05. The firm had revenue of $234.50 million during the quarter, compared to the consensus estimate of $216.25 million. The business's revenue was up 19.6% compared to the same quarter last year. During the same period in the previous year, the firm earned ($0.07) EPS. Equities research analysts anticipate that Waystar will post -0.08 EPS for the current fiscal year.
Institutional Investors Weigh In On Waystar
Several large investors have recently added to or reduced their stakes in WAY. Ghisallo Capital Management LLC bought a new stake in shares of Waystar in the second quarter valued at about $12,900,000. Healthcare of Ontario Pension Plan Trust Fund purchased a new position in Waystar during the 2nd quarter valued at about $27,950,000. Sculptor Capital LP bought a new stake in shares of Waystar in the 2nd quarter valued at about $791,000. Point72 DIFC Ltd purchased a new stake in shares of Waystar in the 2nd quarter worth approximately $3,935,000. Finally, American Century Companies Inc. bought a new position in shares of Waystar during the second quarter valued at approximately $28,357,000.
About Waystar
(
Get Free ReportWaystar Holding Corp. is a software company which provide healthcare payments. Waystar Holding Corp. is based in LEHI, Utah.
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