Waystar (NASDAQ:WAY) Sets New 52-Week Low – Should You Sell?

Waystar Holding Corp. (NASDAQ:WAY) reached a new 52-week low on Thursday . The company traded as low as $21.09 and last traded at $22.0750, with a volume of 414474 shares traded. The stock had previously closed at $22.65.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. Citigroup dropped their price objective on Waystar from $46.00 to $35.00 and set a “buy” rating for the company in a research note on Wednesday, February 18th. Freedom Capital upgraded Waystar from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 18th. Weiss Ratings downgraded Waystar from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, March 10th. Loop Capital set a $33.00 target price on Waystar in a research report on Wednesday, February 18th. Finally, Deutsche Bank Aktiengesellschaft decreased their target price on Waystar from $42.00 to $37.00 and set a “buy” rating on the stock in a research report on Thursday, March 12th. Three research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $36.58.

Waystar Stock Performance

The business’s fifty day moving average is $24.56 and its two-hundred day moving average is $31.17. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.38. The stock has a market capitalization of $4.23 billion, a PE ratio of 36.36, a price-to-earnings-growth ratio of 0.92 and a beta of 0.87.

Waystar (NASDAQ:WAY) last posted its earnings results on Tuesday, February 17th. The company reported $0.36 earnings per share for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.03). Waystar had a net margin of 10.20% and a return on equity of 6.86%. The business had revenue of $303.54 million during the quarter, compared to analysts’ expectations of $294.72 million. During the same period last year, the business posted $0.29 earnings per share. The company’s revenue for the quarter was up 24.3% compared to the same quarter last year. Waystar has set its FY 2026 guidance at 1.590-1.680 EPS. As a group, research analysts anticipate that Waystar Holding Corp. will post 0.39 EPS for the current fiscal year.

Insiders Place Their Bets

In other Waystar news, insider Eric L. (Ric) Sinclair III sold 40,225 shares of the business’s stock in a transaction that occurred on Tuesday, January 20th. The stock was sold at an average price of $30.08, for a total transaction of $1,209,968.00. Following the sale, the insider directly owned 474,826 shares of the company’s stock, valued at $14,282,766.08. The trade was a 7.81% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 4.10% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. boosted its stake in Waystar by 0.3% during the fourth quarter. Vanguard Group Inc. now owns 12,330,872 shares of the company’s stock worth $403,836,000 after buying an additional 41,062 shares during the period. Advent International L.P. purchased a new position in Waystar during the fourth quarter worth $362,212,000. William Blair Investment Management LLC boosted its stake in Waystar by 0.4% during the fourth quarter. William Blair Investment Management LLC now owns 5,282,220 shares of the company’s stock worth $172,993,000 after buying an additional 19,033 shares during the period. State Street Corp boosted its stake in Waystar by 4.0% during the fourth quarter. State Street Corp now owns 4,134,052 shares of the company’s stock worth $135,390,000 after buying an additional 159,183 shares during the period. Finally, Alliancebernstein L.P. boosted its stake in Waystar by 4.5% during the third quarter. Alliancebernstein L.P. now owns 3,415,442 shares of the company’s stock worth $129,514,000 after buying an additional 146,510 shares during the period.

About Waystar

Waystar (NASDAQ:WAY) is a leading provider of cloud-based revenue cycle management and payment solutions for healthcare organizations. The company’s unified platform streamlines the entire financial continuum of patient care, from eligibility verification and claim submission to payment reconciliation and patient billing. By automating key processes and improving claim accuracy, Waystar helps providers reduce administrative overhead, accelerate cash flow and enhance overall revenue performance.

At the core of Waystar’s offering is a SaaS-based architecture that integrates seamlessly with existing electronic health record (EHR) systems and payer networks.