Waystar (NASDAQ:WAY) Updates FY 2025 Earnings Guidance

Waystar (NASDAQ:WAY) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 1.290-1.320 for the period, compared to the consensus earnings per share estimate of 0.830. The company issued revenue guidance of $1.0 billion-$1.0 billion, compared to the consensus revenue estimate of $1.0 billion.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on WAY shares. Royal Bank of Canada increased their target price on shares of Waystar from $31.00 to $34.00 and gave the stock an “outperform” rating in a research report on Thursday, November 7th. Canaccord Genuity Group lifted their target price on shares of Waystar from $36.00 to $42.00 and gave the company a “buy” rating in a research note on Friday, January 3rd. Evercore ISI boosted their target price on Waystar from $32.00 to $36.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th. Bank of America raised their price target on Waystar from $36.00 to $43.00 and gave the company a “buy” rating in a report on Monday, January 6th. Finally, Barclays boosted their price objective on Waystar from $42.00 to $50.00 and gave the stock an “overweight” rating in a research note on Wednesday. Eleven investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $39.64.

Waystar Stock Performance

Waystar stock opened at $43.86 on Thursday. Waystar has a 12-month low of $20.26 and a 12-month high of $48.11. The company has a current ratio of 2.29, a quick ratio of 2.29 and a debt-to-equity ratio of 0.40. The business’s 50-day simple moving average is $38.84 and its 200 day simple moving average is $31.76.

Waystar (NASDAQ:WAY) last issued 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 business had revenue of $244.10 million for the quarter, compared to analyst estimates of $232.29 million. On average, equities analysts predict that Waystar will post 0.39 EPS for the current fiscal year.

Insider Activity at Waystar

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

About Waystar

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