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

Waystar (NASDAQ:WAY) issued its quarterly earnings results on Tuesday. The company reported $0.26 EPS for the quarter, beating the consensus estimate of $0.15 by $0.11, Zacks reports. Waystar updated its FY 2025 guidance to 1.290-1.320 EPS.

Waystar Stock Performance

NASDAQ WAY opened at $45.35 on Tuesday. The stock has a 50-day simple moving average of $38.40 and a 200 day simple moving average of $31.51. The company has a debt-to-equity ratio of 0.40, a current ratio of 2.29 and a quick ratio of 2.29. Waystar has a twelve month low of $20.26 and a twelve month high of $45.49.

Analyst Ratings Changes

WAY has been the subject of a number of research analyst reports. The Goldman Sachs Group increased their target price on Waystar from $39.00 to $44.00 and gave the company a “buy” rating in a report on Tuesday, January 14th. Evercore ISI lifted their price target on Waystar from $32.00 to $36.00 and gave the company an “outperform” rating in a report on Thursday, November 7th. Bank of America raised their price objective 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. Royal Bank of Canada boosted 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. Finally, Jefferies Financial Group started coverage on shares of Waystar in a research note on Tuesday, February 11th. They issued a “buy” rating and a $51.00 price objective for the company. Eleven research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $36.55.

Insiders Place Their Bets

In other Waystar news, CFO Steven M. Oreskovich sold 16,666 shares of the firm’s 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 $5,884,727.38. This trade represents a 8.76 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

About Waystar

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