Recent Performance of Waystar Holding Corp (WAY) Stock: A Closer Look

A share price of Waystar Holding Corp [WAY] is currently trading at $36.82, up 3.75%. An important factor to consider is whether the stock is rising or falling in short-term value. The WAY shares have gain 8.07% over the last week, with a monthly amount glided 19.08%, 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.

Waystar Holding Corp experienced fluctuations in its stock price throughout the past year between $20.26 and $36.63. 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 $36.82 at the most recent close of the market. An investor can expect a potential drop of -19.42% based on the average WAY price forecast.

Analyzing the WAY fundamentals

Trailing Twelve Months sales for Waystar Holding Corp [NASDAQ:WAY] were 906.14M which represents 21.72% growth. 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 35.43 points at the first support level, and at 34.04 for the second support level. However, for the 1st resistance point, the stock is sitting at 37.66, and for the 2nd resistance point, it is at 38.50.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Waystar Holding Corp [NASDAQ:WAY] is 2.29. On the other hand, the Quick Ratio is 2.29, and the Cash Ratio is 0.96. Considering the valuation of this stock, the price to sales ratio is 7.25, the price to book ratio is 2.08.

Transactions by insiders

Recent insider trading involved Oreskovich Steven M, Chief Financial Officer, that happened on Dec 12 ’24 when 16666.0 shares were sold. Officer, STEVEN M ORESKOVICH completed a deal on Dec 12 ’24 to buy 16666.0 shares. Meanwhile, Chairperson DRISCOLL JOHN PATRICK bought 6000.0 shares on Jun 10 ’24.

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