Financial Comparison: Waystar (WAY) versus Its Competitors

Waystar (NASDAQ:WAY) is one of 94 public companies in the “Computer integrated systems design” industry, but how does it weigh in compared to its peers? We will compare Waystar to similar businesses based on the strength of its analyst recommendations, dividends, earnings, profitability, institutional ownership, valuation and risk.

Profitability

This table compares Waystar and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Waystar	N/A	N/A	N/A
Waystar Competitors	-168.48%	-246.80%	-16.41%

Insider and Institutional Ownership

54.0% of shares of all “Computer integrated systems design” companies are owned by institutional investors. 4.1% of Waystar shares are owned by company insiders. Comparatively, 18.4% of shares of all “Computer integrated systems design” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Analyst Recommendations

This is a summary of current ratings for Waystar and its peers, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Waystar	0	0	12	1	3.08
Waystar Competitors	593	2292	3883	128	2.51

Waystar presently has a consensus price target of $40.50, indicating a potential upside of 2.35%. As a group, “Computer integrated systems design” companies have a potential upside of 17.89%. Given Waystar’s peers higher probable upside, analysts plainly believe Waystar has less favorable growth aspects than its peers.

Valuation & Earnings

This table compares Waystar and its peers top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Waystar	$975.19 million	-$51.33 million	439.67
Waystar Competitors	$1.86 billion	$24.52 million	12.71

Waystar’s peers have higher revenue and earnings than Waystar. Waystar is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.

Summary

Waystar beats its peers on 7 of the 12 factors compared.

Waystar Company Profile

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