Waystar Holding Corp. (NASDAQ:WAY - Get Free Report) saw an uptick in trading volume on Friday . 720,555 shares were traded during trading, a decline of 17% from the previous session's volume of 866,494 shares.The stock last traded at $31.75 and had previously closed at $31.14.
Analysts Set New Price Targets
Several equities research analysts have recently weighed in on the stock. Canaccord Genuity Group upped their price target on shares of Waystar from $30.00 to $36.00 and gave the stock a "buy" rating in a research report on Thursday, November 7th. Deutsche Bank Aktiengesellschaft increased their target price on Waystar from $27.00 to $31.00 and gave the company a "buy" rating in a research report on Wednesday, August 14th. Evercore ISI boosted their price target on Waystar from $32.00 to $36.00 and gave the stock an "outperform" rating in a research report on Thursday, November 7th. The Goldman Sachs Group raised their price objective on Waystar from $34.00 to $39.00 and gave the company a "buy" rating in a research report on Thursday, November 7th. Finally, Raymond James upgraded shares of Waystar from an "outperform" rating to a "strong-buy" rating and set a $40.00 target price for the company in a report on Friday. Ten analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Waystar has an average rating of "Buy" and an average target price of $32.90.
Check Out Our Latest Research Report on WAY
Waystar Price Performance
The company has a current ratio of 2.29, a quick ratio of 2.29 and a debt-to-equity ratio of 0.40. The firm's 50-day moving average is $28.49.
Waystar (NASDAQ:WAY - Get Free Report) last posted its quarterly earnings data on Wednesday, November 6th. The company reported $0.14 EPS for the quarter, topping the consensus estimate of $0.11 by $0.03. The company had revenue of $240.10 million for the quarter, compared to analyst estimates of $223.82 million. The company's quarterly revenue was up 21.7% compared to the same quarter last year. As a group, research analysts anticipate that Waystar Holding Corp. will post 0.03 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Waystar
A number of large investors have recently bought and sold shares of the company. Ghisallo Capital Management LLC acquired a new stake in Waystar during the 2nd quarter valued at approximately $12,900,000. Healthcare of Ontario Pension Plan Trust Fund acquired a new position in Waystar during the second quarter valued at $27,950,000. Sculptor Capital LP purchased a new stake in Waystar in the second quarter valued at $791,000. Point72 DIFC Ltd acquired a new stake in Waystar during the 2nd quarter worth about $3,935,000. Finally, American Century Companies Inc. purchased a new position in shares of Waystar during the 2nd quarter valued at about $28,357,000.
Waystar Company Profile
(
Get Free Report)
Waystar Holding Corp. is a software company which provide healthcare payments. Waystar Holding Corp. is based in LEHI, Utah.
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