In the last trading session, 1.33 million Waystar Holding Corp (NASDAQ:WAY) shares changed hands as the company’s beta touched 0. With the company’s per share price at $36.92 changed hands at $0.37 or 1.01% during last session, the market valuation stood at $6.36B. WAY’s last price was a discount, traded about -30.31% off its 52-week high of $48.11. The share price had its 52-week low at $20.26, which suggests the last value was 45.12% up since then. When we look at Waystar Holding Corp’s average trading volume, we note the 10-day average is 2.4 million shares, with the 3-month average coming to 1.96 million.
Analysts gave the Waystar Holding Corp (WAY) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.08. If we narrow down to specifics, the data shows that 0 out of 8 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended WAY as a Hold, 8 felt it is a Buy and 0 rated the stock as Underweight. Waystar Holding Corp’s EPS for the current quarter is expected to be 0.32.
Waystar Holding Corp (NASDAQ:WAY) trade information
Instantly WAY was in green as seen at the end of in last trading. With action -0.11%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 0.60%, with the 5-day performance at -0.11% in the red. However, in the 30-day time frame, Waystar Holding Corp (NASDAQ:WAY) is -18.59% down. Looking at the short shares, we see there were 2.95 million shares sold at short interest cover period of 1.14 days.
The consensus price target for the stock as assigned by Wall Street analysts is 32, meaning bulls need a downside of -15.38% from its current market value. According to analyst projections, WAY’s forecast low is 32 with 32 as the target high. To hit the forecast high, the stock’s price needs a 13.33% surge from its current level, while the stock would need to tank 13.33% for it to hit the projected low.
Waystar Holding Corp (WAY) estimates and forecasts
Year-over-year growth is forecast to reach 7.13% up from the last financial year.
Consensus estimates given by 9 financial analysts project the company’s revenue in the current quarter to hit an average of 248.47M. 9 analysts are of the opinion that Waystar Holding Corp’s revenue for the current quarter will be 251.85M. The estimates for the next quarter sales put growth at 7.38%.
The 2025 estimates are for Waystar Holding Corp earnings to increase by 20.63%, but the outlook for the next 5-year period is at 13.54% per year.
WAY Dividends
Waystar Holding Corp is expected to release its next quarterly earnings report on 2025-Feb-17.
Waystar Holding Corp (NASDAQ:WAY)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 14.47% of Waystar Holding Corp shares while 91.89% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 107.44%. There are 91.89% institutions holding the Waystar Holding Corp stock share, with CANADA PENSION PLAN INVESTMENT BOARD the top institutional holder. As of 2024-06-30, the company held 22.3266% of the shares, roughly 37.21 million WAY shares worth $800.0 million.
BAIN CAPITAL INVESTORS LLC holds the second largest percentage of outstanding shares, with 16.789% or 27.98 million shares worth $601.58 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were Neuberger & Berman Long Short Fd and Vanguard Total Stock Market Index Fund . With 2.24 shares estimated at $82.79 million under it, the former controlled 1.30% of total outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held about 0.95% of the shares, roughly 1.64 shares worth around $60.59 million.
