Waystar (NASDAQ:WAY) Sets New 52-Week Low – Time to Sell?

Waystar Holding Corp. (NASDAQ:WAY)’s share price hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $19.78 and last traded at $19.90, with a volume of 2465987 shares traded. The stock had previously closed at $20.62.

Analyst Upgrades and Downgrades

WAY has been the topic of a number of recent analyst reports. TD Cowen reaffirmed a “buy” rating on shares of Waystar in a research report on Wednesday, February 18th. JPMorgan Chase & Co. cut their target price on Waystar from $40.00 to $38.00 and set an “overweight” rating on the stock in a research report on Thursday, April 30th. The Goldman Sachs Group cut their target price on Waystar from $44.00 to $38.00 and set a “buy” rating on the stock in a research report on Wednesday, February 18th. UBS Group cut their target price on Waystar from $41.00 to $37.00 and set a “buy” rating on the stock in a research report on Thursday, April 30th. Finally, Deutsche Bank Aktiengesellschaft cut 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 analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $36.14.

Waystar Stock Down 3.5%

The stock has a market capitalization of $3.82 billion, a price-to-earnings ratio of 29.70, a price-to-earnings-growth ratio of 0.82 and a beta of 0.21. The company has a quick ratio of 1.76, a current ratio of 1.76 and a debt-to-equity ratio of 0.37. The firm has a 50-day moving average of $24.39 and a two-hundred day moving average of $29.41.

Waystar (NASDAQ:WAY) last posted its quarterly earnings results on Wednesday, April 29th. The company reported $0.42 earnings per share for the quarter, beating the consensus estimate of $0.39 by $0.03. The firm had revenue of $313.87 million for the quarter, compared to analyst estimates of $311.74 million. Waystar had a return on equity of 6.99% and a net margin of 10.90%.Waystar’s quarterly revenue was up 22.4% on a year-over-year basis. During the same period in the previous year, the firm earned $0.32 earnings per share. Waystar has set its FY 2026 guidance at 1.590-1.680 EPS. As a group, sell-side analysts anticipate that Waystar Holding Corp. will post 1.45 earnings per share for the current year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. ANTIPODES PARTNERS Ltd increased its position in Waystar by 120.1% in the 3rd quarter. ANTIPODES PARTNERS Ltd now owns 823 shares of the company’s stock worth $31,000 after purchasing an additional 449 shares during the last quarter. Kennedy Capital Management LLC increased its position in Waystar by 0.5% in the 4th quarter. Kennedy Capital Management LLC now owns 106,207 shares of the company’s stock worth $3,478,000 after purchasing an additional 559 shares during the last quarter. Pacer Advisors Inc. increased its position in Waystar by 22.1% in the 4th quarter. Pacer Advisors Inc. now owns 3,144 shares of the company’s stock worth $103,000 after purchasing an additional 569 shares during the last quarter. BCS Private Wealth Management Inc. increased its position in Waystar by 8.4% in the 3rd quarter. BCS Private Wealth Management Inc. now owns 7,455 shares of the company’s stock worth $283,000 after purchasing an additional 575 shares during the last quarter. Finally, State of Wyoming increased its position in Waystar by 45.1% in the 2nd quarter. State of Wyoming now owns 2,098 shares of the company’s stock worth $86,000 after purchasing an additional 652 shares during the last quarter.

Waystar Company Profile

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.