At the time of writing, Waystar Holding Corp [WAY] stock is trading at $34.07, down -0.35%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The WAY shares have gain 10.19% over the last week, with a monthly amount glided 10.56%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Waystar Holding Corp [NASDAQ: WAY] stock has seen the most recent analyst activity on November 22, 2024, when Raymond James upgraded its rating to a Strong Buy but kept the price target unchanged to $40 for it. On July 02, 2024, RBC Capital Mkts initiated with a Outperform rating and assigned a price target of $27 on the stock. Raymond James started tracking the stock assigning a Outperform rating and suggested a price target of $30 on July 02, 2024. JP Morgan initiated its recommendation with a Overweight and recommended $24 as its price target on July 02, 2024. Goldman started tracking with a Buy rating for this stock on July 02, 2024, and assigned it a price target of $32. In a note dated July 02, 2024, Evercore ISI initiated an Outperform rating and provided a target price of $25 on this stock.
For the past year, the stock price of Waystar Holding Corp fluctuated between $20.26 and $34.22. Currently, Wall Street analysts expect the stock to reach $29.67 within the next 12 months. Waystar Holding Corp [NASDAQ: WAY] shares were valued at $34.07 at the most recent close of the market. An investor can expect a potential drop of -12.91% based on the average WAY price forecast.
Analyzing the WAY fundamentals
According to Waystar Holding Corp [NASDAQ:WAY], the company’s sales were 906.14M for trailing twelve months, which represents an 21.72% jump. Gross Profit Margin for this corporation currently stands at 0.52% with Operating Profit Margin at 0.13%, Pretax Profit Margin comes in at -0.08%, and Net Profit Margin reading is -0.06%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.02 and Total Capital is 0.03. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.4.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 33.75 points at the first support level, and at 33.42 for the second support level. However, for the 1st resistance point, the stock is sitting at 34.50, and for the 2nd resistance point, it is at 34.92.
Ratios To Look Out For
It is important to note that Waystar Holding Corp [NASDAQ:WAY] has a current ratio of 2.29. Also, the Quick Ratio is 2.29, while the Cash Ratio stands at 0.96. Considering the valuation of this stock, the price to sales ratio is 6.45, the price to book ratio is 1.92.
Transactions by insiders
Recent insider trading involved STEVEN M ORESKOVICH, Officer, that happened on Dec 12 ’24 when 16666.0 shares were purchased. Chairperson, DRISCOLL JOHN PATRICK completed a deal on Jun 10 ’24 to buy 6000.0 shares.
