Waystar Holding Corp. (NASDAQ:WAY) Receives $40.75 Average Price Target from Brokerages

Posted by ABMN Staff on Apr 6th, 2025

Shares of Waystar Holding Corp. (NASDAQ:WAY – Get Free Report) have received a consensus rating of “Buy” from the thirteen brokerages that are covering the firm, MarketBeat Ratings reports. Twelve investment analysts have rated the stock with a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month target price among brokerages that have covered the stock in the last year is $40.75.

A number of equities analysts recently weighed in on the company. Barclays lifted their price target on Waystar from $42.00 to $50.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 19th. Canaccord Genuity Group raised their price objective on shares of Waystar from $42.00 to $50.00 and gave the stock a “buy” rating in a research note on Monday, February 24th. The Goldman Sachs Group increased their target price on Waystar from $44.00 to $52.00 and gave the company a “buy” rating in a report on Wednesday, February 19th. Bank of America upped their price target on Waystar from $36.00 to $43.00 and gave the company a “buy” rating in a research report on Monday, January 6th. Finally, Jefferies Financial Group assumed coverage on Waystar in a research note on Tuesday, February 11th. They issued a “buy” rating and a $51.00 price objective for the company.

Get Our Latest Stock Analysis on Waystar

Insider Transactions at Waystar

In other Waystar news, insider T. Craig Bridge sold 182,914 shares of the firm’s stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of $42.15, for a total transaction of $7,709,825.10. Following the transaction, the insider now directly owns 519,658 shares in the company, valued at $21,903,584.70. This trade represents a 26.03 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder Canada Pension Plan Investment sold 7,517,168 shares of the company’s stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $40.00, for a total value of $300,686,720.00. Following the sale, the insider now owns 29,692,286 shares of the company’s stock, valued at approximately $1,187,691,440. This trade represents a 20.20 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 13,356,171 shares of company stock valued at $526,733,651 in the last three months.

Hedge Funds Weigh In On Waystar

A number of institutional investors have recently modified their holdings of WAY. Global Retirement Partners LLC acquired a new position in Waystar in the 4th quarter valued at $25,000. Mark Sheptoff Financial Planning LLC bought a new stake in Waystar during the fourth quarter valued at about $48,000. Gen Wealth Partners Inc acquired a new stake in shares of Waystar in the fourth quarter valued at about $92,000. RiverPark Advisors LLC increased its stake in shares of Waystar by 25.5% in the fourth quarter. RiverPark Advisors LLC now owns 3,498 shares of the company’s stock worth $128,000 after purchasing an additional 710 shares during the period. Finally, Stifel Financial Corp acquired a new position in shares of Waystar during the 3rd quarter worth about $204,000.

Waystar Stock Down 5.5 %

NASDAQ WAY opened at $34.93 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 2.55, a quick ratio of 2.29 and a debt-to-equity ratio of 0.40. The company’s 50 day simple moving average is $40.07 and its 200 day simple moving average is $34.69.

Waystar (NASDAQ:WAY – Get Free Report) last announced its quarterly earnings data on Tuesday, February 18th. The company reported $0.26 EPS for the quarter, beating analysts’ consensus estimates of $0.15 by $0.11. The company had revenue of $244.10 million for the quarter, compared to analyst estimates of $232.29 million. As a group, equities research analysts anticipate that Waystar will post 0.39 EPS for the current year.