Waystar (NASDAQ:WAY - Get Free Report) is projected to issue its Q2 2025 quarterly earnings data after the market closes on Wednesday, July 30th. Analysts expect the company to announce earnings of $0.33 per share and revenue of $255.26 million for the quarter. Waystar has set its FY 2025 guidance at 1.310-1.340 EPS.
Waystar (NASDAQ:WAY - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The company reported $0.32 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.32. The company had revenue of $256.44 million for the quarter, compared to analysts' expectations of $248.47 million. Waystar had a return on equity of 3.10% and a net margin of 2.67%. The company's revenue for the quarter was up 14.1% on a year-over-year basis. On average, analysts expect Waystar to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Waystar Stock Down 3.1%
NASDAQ WAY traded down $1.15 during midday trading on Friday, hitting $35.83. 1,417,092 shares of the company traded hands, compared to its average volume of 1,859,168. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.12 and a quick ratio of 3.12. The company has a market cap of $6.24 billion and a PE ratio of 398.16. The company's 50-day simple moving average is $38.75 and its 200-day simple moving average is $38.90. Waystar has a 52 week low of $20.74 and a 52 week high of $48.11.
Insider Activity
In related news, CEO Matthew J. Hawkins sold 46,667 shares of the firm's stock in a transaction that occurred on Tuesday, July 15th. The shares were sold at an average price of $38.26, for a total transaction of $1,785,479.42. Following the sale, the chief executive officer owned 764,131 shares in the company, valued at approximately $29,235,652.06. This trade represents a 5.76% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Eric L. (Ric) Sinclair III sold 9,702 shares of the firm's stock in a transaction that occurred on Monday, July 21st. The stock was sold at an average price of $37.10, for a total transaction of $359,944.20. Following the sale, the insider owned 490,870 shares in the company, valued at approximately $18,211,277. This trade represents a 1.94% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 8,778,726 shares of company stock worth $328,889,968 in the last three months. 4.10% of the stock is owned by insiders.
Institutional Trading of Waystar
Hedge funds have recently bought and sold shares of the company. AQR Capital Management LLC acquired a new position in shares of Waystar in the 1st quarter valued at $203,000. NewEdge Advisors LLC purchased a new position in shares of Waystar in the 1st quarter valued at $234,000. Royal Bank of Canada raised its stake in shares of Waystar by 11.3% in the 1st quarter. Royal Bank of Canada now owns 21,609 shares of the company's stock valued at $808,000 after acquiring an additional 2,195 shares during the period. Intech Investment Management LLC raised its stake in shares of Waystar by 94.9% in the 1st quarter. Intech Investment Management LLC now owns 36,622 shares of the company's stock valued at $1,368,000 after acquiring an additional 17,830 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Waystar by 91.1% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,911 shares of the company's stock valued at $1,753,000 after acquiring an additional 22,364 shares during the period.
Wall Street Analyst Weigh In
A number of brokerages recently issued reports on WAY. TD Cowen upgraded Waystar to a "strong-buy" rating in a research note on Thursday, June 5th. Citigroup assumed coverage on Waystar in a research note on Wednesday, June 25th. They set a "buy" rating and a $45.00 price objective for the company. Truist Financial lifted their price target on Waystar from $50.00 to $51.00 and gave the company a "buy" rating in a research note on Thursday, July 17th. Barclays lowered their price objective on Waystar from $50.00 to $45.00 and set an "overweight" rating on the stock in a report on Monday, April 14th. Finally, Canaccord Genuity Group lowered their target price on Waystar from $50.00 to $47.00 and set a "buy" rating on the stock in a report on Thursday, May 1st. Twelve investment analysts have rated the stock with a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, Waystar has a consensus rating of "Buy" and a consensus price target of $42.31.
Read Our Latest Stock Analysis on Waystar
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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