Waystar (NASDAQ:WAY) Issues Earnings Results

Waystar (NASDAQ:WAY) posted its quarterly earnings results on Tuesday. The company reported $0.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.15 by $0.11, Zacks reports. The company had revenue of $244.10 million for the quarter, compared to analyst estimates of $232.29 million. Waystar updated its FY 2025 guidance to 1.290-1.320 EPS.

Waystar Price Performance

Shares of Waystar stock opened at $43.86 on Thursday. Waystar has a 1-year low of $20.26 and a 1-year high of $48.11. The company has a debt-to-equity ratio of 0.40, a quick ratio of 2.29 and a current ratio of 2.29. The firm has a fifty day simple moving average of $38.84 and a 200-day simple moving average of $31.76.

Insider Buying and Selling at Waystar

In related news, CFO Steven M. Oreskovich sold 16,666 shares of the business’s stock in a transaction on Thursday, December 12th. The shares were sold at an average price of $33.89, for a total transaction of $564,810.74. Following the transaction, the chief financial officer now owns 173,642 shares of the company’s stock, valued at approximately $5,884,727.38. The trade was a 8.76 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Wall Street Analysts Forecast Growth

WAY has been the subject of several research reports. Raymond James upgraded Waystar from an “outperform” rating to a “strong-buy” rating and set a $40.00 price objective for the company in a research report on Friday, November 22nd. Evercore ISI upped their price objective on Waystar from $32.00 to $36.00 and gave the company an “outperform” rating in a research report on Thursday, November 7th. Royal Bank of Canada increased their price objective on Waystar from $31.00 to $34.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. Barclays boosted their target price on shares of Waystar from $42.00 to $50.00 and gave the company an “overweight” rating in a research note on Wednesday. Finally, Bank of America raised their price target on shares of Waystar from $36.00 to $43.00 and gave the stock a “buy” rating in a research note on Monday, January 6th. Eleven equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $39.64.

Waystar Company Profile

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