Shares of Waystar Holding Corp. (NASDAQ:WAY – Get Free Report) have received a consensus rating of “Buy” from the eleven ratings firms that are currently covering the firm, MarketBeat reports. Eleven analysts have rated the stock with a buy recommendation. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $28.50.
Several equities research analysts have recently weighed in on the company. Canaccord Genuity Group began coverage on Waystar in a research report on Tuesday, July 2nd. They issued a “buy” rating and a $30.00 target price for the company. JPMorgan Chase & Co. increased their price objective on shares of Waystar from $24.00 to $27.00 and gave the company an “overweight” rating in a research report on Monday, August 19th. Royal Bank of Canada initiated coverage on shares of Waystar in a research report on Tuesday, July 2nd. They set an “outperform” rating and a $27.00 target price on the stock. The Goldman Sachs Group initiated coverage on shares of Waystar in a research note on Tuesday, July 2nd. They issued a “buy” rating and a $32.00 target price for the company. Finally, Bank of America assumed coverage on shares of Waystar in a research note on Tuesday, July 2nd. They set a “buy” rating and a $27.00 price target on the stock.
Check Out Our Latest Stock Analysis on Waystar
Institutional Trading of Waystar
Waystar Stock Down 0.2 %
WAY opened at $26.42 on Wednesday. Waystar has a 1 year low of $20.26 and a 1 year high of $27.07.
Waystar (NASDAQ:WAY – Get Free Report) last issued its earnings results on Wednesday, August 7th. The company reported $0.04 EPS for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.05. The business had revenue of $234.50 million during the quarter, compared to analysts’ expectations of $216.25 million. During the same period in the prior year, the business posted ($0.07) EPS. The business’s revenue was up 19.6% on a year-over-year basis. On average, research analysts expect that Waystar will post -0.01 EPS for the current fiscal year.
About Waystar
Waystar Holding Corp. is a software company which provide healthcare payments. Waystar Holding Corp. is based in LEHI, Utah.
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