Waystar Holding Corp. (NASDAQ:WAY) Receives $40.75 Consensus PT from Analysts

Posted by Editorial Team on Apr 6th, 2025

Waystar Holding Corp. (NASDAQ:WAY – Get Free Report) has been given an average rating of “Buy” by the thirteen research firms that are currently covering the firm, Marketbeat Ratings reports. Twelve equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $40.75.

WAY has been the topic of several recent analyst reports. Canaccord Genuity Group boosted their price target on Waystar from $42.00 to $50.00 and gave the stock a “buy” rating in a research note on Monday, February 24th. The Goldman Sachs Group raised their price target on shares of Waystar from $44.00 to $52.00 and gave the stock a “buy” rating in a research report on Wednesday, February 19th. Truist Financial initiated coverage on shares of Waystar in a research note on Friday, March 14th. They set a “buy” rating and a $45.00 price objective on the stock. Jefferies Financial Group assumed coverage on shares of Waystar in a research report on Tuesday, February 11th. They issued a “buy” rating and a $51.00 target price for the company. Finally, Barclays increased their price target on shares of Waystar from $42.00 to $50.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 19th.

Read Our Latest Report on WAY

Insider Buying and Selling

In other Waystar news, major shareholder Canada Pension Plan Investment sold 7,517,168 shares of the company’s stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $40.00, for a total value of $300,686,720.00. Following the completion of the transaction, the insider now owns 29,692,286 shares in the company, valued at approximately $1,187,691,440. This represents a 20.20 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CMO Melissa F. (Missy) Miller sold 3,400 shares of Waystar stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $42.15, for a total value of $143,310.00. Following the sale, the chief marketing officer now directly owns 43,478 shares in the company, valued at approximately $1,832,597.70. This trade represents a 7.25 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 13,356,171 shares of company stock valued at $526,733,651.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Global Retirement Partners LLC bought a new position in Waystar in the 4th quarter valued at about $25,000. Mark Sheptoff Financial Planning LLC bought a new position in shares of Waystar in the fourth quarter valued at approximately $48,000. Gen Wealth Partners Inc acquired a new position in shares of Waystar during the fourth quarter valued at approximately $92,000. RiverPark Advisors LLC raised its holdings in Waystar by 25.5% during the fourth quarter. RiverPark Advisors LLC now owns 3,498 shares of the company’s stock worth $128,000 after purchasing an additional 710 shares in the last quarter. Finally, Pictet Asset Management Holding SA bought a new position in Waystar during the 4th quarter valued at $237,000.

Waystar Price Performance

Shares of NASDAQ WAY opened at $34.93 on Thursday. The stock has a fifty day moving average price of $40.07 and a 200 day moving average price of $34.69. Waystar has a 12-month low of $20.26 and a 12-month high of $48.11. The company has a current ratio of 2.55, a quick ratio of 2.29 and a debt-to-equity ratio of 0.40.

Waystar (NASDAQ:WAY – Get Free Report) last released its quarterly earnings results on Tuesday, February 18th. The company reported $0.26 EPS for the quarter, topping the consensus estimate of $0.15 by $0.11. The company had revenue of $244.10 million for the quarter, compared to analyst estimates of $232.29 million. On average, analysts expect that Waystar will post 0.39 EPS for the current fiscal year.