Waystar (WAY) Projected to Post Quarterly Earnings on Wednesday

Waystar (NASDAQ:WAY - Get Free Report) is expected 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 issued its quarterly earnings results on Wednesday, April 30th. The company reported $0.32 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.32. The company had revenue of $256.44 million during the quarter, compared to analysts' expectations of $248.47 million. Waystar had a net margin of 2.67% and a return on equity of 3.10%. Waystar'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%

Waystar stock traded down $1.15 during trading hours on Friday, hitting $35.83. The stock had a trading volume of 1,417,167 shares, compared to its average volume of 1,546,063. The company has a quick ratio of 3.12, a current ratio of 3.12 and a debt-to-equity ratio of 0.39. The stock has a market capitalization of $6.24 billion and a P/E ratio of 398.16. Waystar has a 12-month low of $20.74 and a 12-month high of $48.11. The stock's 50-day moving average price is $38.68 and its 200-day moving average price is $38.89.

Analyst Ratings Changes

WAY has been the subject of several recent research reports. TD Cowen upgraded shares of Waystar to a "strong-buy" rating in a research report on Thursday, June 5th. Barclays cut their price objective on shares of Waystar from $50.00 to $45.00 and set an "overweight" rating on the stock in a research report on Monday, April 14th. Citigroup started coverage on shares of Waystar in a report on Wednesday, June 25th. They issued a "buy" rating and a $45.00 price target on the stock. Truist Financial upped their price objective on shares of Waystar from $50.00 to $51.00 and gave the stock a "buy" rating in a research note on Thursday, July 17th. Finally, Canaccord Genuity Group decreased their price target on shares of Waystar from $50.00 to $47.00 and set a "buy" rating for the company in a research report on Thursday, May 1st. Twelve investment analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus price target of $42.31.

Insider Buying and Selling

In related news, insider T. Craig Bridge sold 85,000 shares of the stock in a transaction on Monday, July 21st. The stock was sold at an average price of $37.09, for a total transaction of $3,152,650.00. Following the sale, the insider owned 682,843 shares of the company's stock, valued at $25,326,646.87. This trade represents a 11.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Eric L. (Ric) Sinclair III sold 9,702 shares of the firm's stock in a transaction dated Monday, July 21st. The stock was sold at an average price of $37.10, for a total value of $359,944.20. Following the completion of the sale, the insider directly owned 490,870 shares in the company, valued at approximately $18,211,277. The trade was a 1.94% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 8,778,726 shares of company stock worth $328,889,968 over the last three months. 4.10% of the stock is owned by company insiders.

Institutional Investors Weigh In On Waystar

Hedge funds have recently modified their holdings of the stock. AQR Capital Management LLC acquired a new position in Waystar during the 1st quarter valued at approximately $203,000. NewEdge Advisors LLC acquired a new stake in shares of Waystar in the first quarter valued at $234,000. Royal Bank of Canada raised its position in shares of Waystar by 11.3% during the first quarter. Royal Bank of Canada now owns 21,609 shares of the company's stock worth $808,000 after purchasing an additional 2,195 shares during the period. Intech Investment Management LLC raised its position in shares of Waystar by 94.9% during the first quarter. Intech Investment Management LLC now owns 36,622 shares of the company's stock worth $1,368,000 after purchasing an additional 17,830 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Waystar by 91.1% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,911 shares of the company's stock valued at $1,753,000 after buying an additional 22,364 shares during the period.

Waystar Company Profile

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