Waystar (NASDAQ:WAY – Get Free Report) and Veea (NASDAQ:VEEA – Get Free Report) are both computer and technology companies, but which is the superior investment? We will compare the two businesses based on the strength of their valuation, institutional ownership, analyst recommendations, profitability, earnings, dividends and risk.
Profitability
This table compares Waystar and Veea’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Waystar | N/A | N/A | N/A |
Veea | N/A | N/A | -20.86% |
Earnings & Valuation
This table compares Waystar and Veea”s top-line revenue, earnings per share and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Waystar | $906.14 million | 7.04 | -$51.33 million | N/A | N/A |
Veea | N/A | N/A | -$30,000.00 | N/A | N/A |
Institutional & Insider Ownership
25.9% of Veea shares are owned by institutional investors. 71.0% of Veea shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.
Analyst Recommendations
This is a summary of current ratings and price targets for Waystar and Veea, as reported by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Waystar | 0 | 0 | 10 | 1 | 3.09 |
Veea | 0 | 0 | 0 | 0 | 0.00 |
Waystar currently has a consensus price target of $33.50, indicating a potential downside of 9.63%. Given Waystar’s stronger consensus rating and higher probable upside, research analysts plainly believe Waystar is more favorable than Veea.
Summary
Waystar beats Veea on 6 of the 9 factors compared between the two stocks.
About Waystar
Waystar Holding Corp. is a software company which provide healthcare payments. Waystar Holding Corp. is based in LEHI, Utah.
About Veea
Veea Inc. provides computing, multiaccess multiprotocol communications, edge storage, and cybersecurity solutions. The company offers multiaccess edge computing (MEC) platform that redefines connectivity and computing at the edge by integrating functions of servers, network attached storage (NAS), routers, firewalls, Wi-Fi Access Points, IoT gateways, and 4G and 5G connections; and Veea Edge Platform enables direct connections from the optical fiber, cellular, and satellite networks. It also provides VeeaHub STAX, an edge computing product integrated with wireless access, including Wi-Fi 6; VeeaHub that offers connectivity options for pro indoor smart edge applications; and VeeaHub Outdoor that integrates with wireless connectivity for smart edge applications in outdoor and industrial environments. The company also offers TROLLEE, a smart shopping cart platform; the VeeaHub toolkit; and Veea AdEdge, an advertising platform. Veea Inc. was founded in 2014 and is headquartered in New York, New York.
Receive News & Ratings for Waystar Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Waystar and related companies with MarketBeat.com's FREE daily email newsletter.