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Waystar (WAY) Stock Price, News & Analysis

Waystar logo
$30.88 +0.29 (+0.95%)
(As of 11/29/2024 ET)

About Waystar Stock (NASDAQ:WAY)

Key Stats

Today's Range
$30.62
$31.08
50-Day Range
$26.80
$31.69
52-Week Range
$20.26
$33.25
Volume
809,058 shs
Average Volume
1.15 million shs
Market Capitalization
$5.31 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$32.90
Consensus Rating
Buy

Company Overview

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

Waystar Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
60th Percentile Overall Score

WAY MarketRank™: 

Waystar scored higher than 60% of companies evaluated by MarketBeat, and ranked 350th out of 665 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Waystar has received a consensus rating of Buy. The company's average rating score is 3.09, and is based on 10 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Waystar has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Waystar's stock forecast and price target.
  • Earnings Growth

    Earnings for Waystar are expected to grow by 1,300.00% in the coming year, from $0.03 to $0.42 per share.

  • Price to Book Value per Share Ratio

    Waystar has a P/B Ratio of 1.74. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Waystar's valuation and earnings.
  • Percentage of Shares Shorted

    4.30% of the float of Waystar has been sold short.
  • Short Interest Ratio / Days to Cover

    Waystar has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Waystar has recently increased by 13.78%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Waystar does not currently pay a dividend.

  • Dividend Growth

    Waystar does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    4.30% of the float of Waystar has been sold short.
  • Short Interest Ratio / Days to Cover

    Waystar has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Waystar has recently increased by 13.78%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Waystar has a news sentiment score of 0.56. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.77 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 10 news articles for Waystar this week, compared to 4 articles on an average week.
  • Search Interest

    2 people have searched for WAY on MarketBeat in the last 30 days.
  • MarketBeat Follows

    4 people have added Waystar to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days.
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WAY Stock News Headlines

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Short Waystar Holding Corp. Ahead Of Lockup Expiration
Waystar to Speak at Upcoming Investor Conferences
Waystar (NASDAQ:WAY) Upgraded by Raymond James to Strong-Buy Rating
Waystar upgraded to Strong Buy from Outperform at Raymond James
See More Headlines

WAY Stock Analysis - Frequently Asked Questions

Waystar's stock was trading at $21.51 on January 1st, 2024. Since then, WAY shares have increased by 43.6% and is now trading at $30.88.
View the best growth stocks for 2024 here
.

Waystar Holding Corp. (NASDAQ:WAY) released 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 firm's revenue for the quarter was up 21.7% on a year-over-year basis.

Waystar (WAY) raised $968 million in an IPO on Friday, June 7th 2024. The company issued 45,000,000 shares at a price of $21.50 per share.

Waystar's lock-up period expires on Wednesday, December 4th. Waystar had issued 45,000,000 shares in its public offering on June 7th. The total size of the offering was $967,500,000 based on an initial share price of $21.50. After the end of the company's lock-up period, company insiders and major shareholders will be able to sell their shares of the company.

Waystar's top institutional investors include ArrowMark Colorado Holdings LLC (1.98%), Jennison Associates LLC (0.68%), Geode Capital Management LLC (0.64%) and Holocene Advisors LP (0.45%).

Shares of WAY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Waystar investors own include NVIDIA (NVDA), Broadcom (AVGO), Advanced Micro Devices (AMD), PayPal (PYPL), Oracle (ORCL), Pfizer (PFE) and CrowdStrike (CRWD).

Company Calendar

Last Earnings
11/06/2024
Today
12/01/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/05/2025

Industry, Sector and Symbol

Industry
Computer integrated systems design
Sub-Industry
Computer Software
Current Symbol
NASDAQ:WAY
Previous Symbol
NASDAQ:WAY
Web
N/A
Fax
N/A
Employees
1,400
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$32.90
High Stock Price Target
$40.00
Low Stock Price Target
$24.00
Potential Upside/Downside
+6.5%
Consensus Rating
Buy
Rating Score (0-4)
3.09
Research Coverage
11 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$791.01 million
Book Value
$17.74 per share

Miscellaneous

Free Float
N/A
Market Cap
$5.31 billion
Optionable
Optionable
Beta
N/A
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This page (NASDAQ:WAY) was last updated on 12/1/2024 by MarketBeat.com Staff
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