Waystar (WAY) Expected to Announce Quarterly Earnings on Wednesday

Waystar (NASDAQ:WAY - Get Free Report) is expected to be releasing its Q1 2025 earnings data after the market closes on Wednesday, April 30th. Analysts expect the company to announce earnings of $0.32 per share and revenue of $248.47 million for the quarter. Waystar has set its FY 2025 guidance at 1.290-1.320 EPS.

Waystar (NASDAQ:WAY - Get Free Report) last posted its quarterly earnings data on Tuesday, February 18th. The company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.11. The firm had revenue of $244.10 million during the quarter, compared to analysts' expectations of $232.29 million. On average, analysts expect Waystar to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Waystar Price Performance

Waystar stock traded down $0.51 during midday trading on Monday, reaching $36.51. 288,050 shares of the stock traded hands, compared to its average volume of 1,374,236. The company has a debt-to-equity ratio of 0.40, a quick ratio of 2.29 and a current ratio of 2.55. The company has a 50-day simple moving average of $38.17 and a two-hundred day simple moving average of $35.77. Waystar has a 12-month low of $20.26 and a 12-month high of $48.11.

Insider Transactions at Waystar

In related news, insider T. Craig Bridge sold 182,914 shares of the stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of $42.15, for a total transaction of $7,709,825.10. Following the completion of the sale, the insider now directly owns 519,658 shares of the company's stock, valued at $21,903,584.70. This trade represents a 26.03 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CTO Christopher L. Schremser sold 8,623 shares of the business's stock in a transaction on Thursday, April 10th. The shares were sold at an average price of $36.36, for a total transaction of $313,532.28. Following the completion of the transaction, the chief technology officer now directly owns 438,044 shares in the company, valued at $15,927,279.84. This represents a 1.93 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 13,411,461 shares of company stock worth $528,743,995.

Analysts Set New Price Targets

A number of research firms have issued reports on WAY. The Goldman Sachs Group increased their target price on shares of Waystar from $44.00 to $52.00 and gave the stock a "buy" rating in a report on Wednesday, February 19th. Barclays decreased their target price on Waystar from $50.00 to $45.00 and set an "overweight" rating for the company in a report on Monday, April 14th. Canaccord Genuity Group lifted their price objective on Waystar from $42.00 to $50.00 and gave the company a "buy" rating in a research note on Monday, February 24th. Bank of America upped their target price 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. Finally, Truist Financial assumed coverage on shares of Waystar in a research report on Friday, March 14th. They issued a "buy" rating and a $45.00 price objective on the stock. Twelve research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and an average target price of $40.33.

About Waystar

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