Waystar (NASDAQ:WAY) Issues Earnings Results, Beats Expectations By $0.11 EPS

Waystar (NASDAQ:WAY) released its quarterly earnings data on Tuesday. The company reported $0.26 earnings per share for the quarter, topping analysts’ consensus estimates of $0.15 by $0.11, Zacks reports. Waystar updated its FY 2025 guidance to 1.290-1.320 EPS.

Waystar Price Performance

Shares of NASDAQ WAY opened at $45.11 on Wednesday. Waystar has a 1 year low of $20.26 and a 1 year high of $48.11. The company has a debt-to-equity ratio of 0.40, a current ratio of 2.29 and a quick ratio of 2.29. The company’s fifty day moving average price is $38.64 and its 200 day moving average price is $31.67.

Analyst Ratings Changes

WAY has been the subject of a number of research reports. Canaccord Genuity Group upped their price objective on shares of Waystar from $36.00 to $42.00 and gave the stock a “buy” rating in a research note on Friday, January 3rd. Raymond James raised shares of Waystar from an “outperform” rating to a “strong-buy” rating and set a $40.00 price objective for the company in a research note on Friday, November 22nd. The Goldman Sachs Group upped their price objective on shares of Waystar from $39.00 to $44.00 and gave the stock a “buy” rating in a research note on Tuesday, January 14th. Evercore ISI upped their price objective on shares of Waystar from $32.00 to $36.00 and gave the stock an “outperform” rating in a research note on Thursday, November 7th. Finally, Bank of America increased their price target on shares of Waystar from $36.00 to $43.00 and gave the company a “buy” rating in a research report on Monday, January 6th. Eleven investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $36.55.

Insiders Place Their Bets

In other Waystar news, CFO Steven M. Oreskovich sold 16,666 shares of the company’s stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $33.89, for a total value of $564,810.74. Following the completion of the transaction, the chief financial officer now owns 173,642 shares in the company, valued at approximately $5,884,727.38. This represents a 8.76 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

About Waystar

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