Waystar (WAY) Projected to Post Earnings on Tuesday

Waystar (NASDAQ:WAY) is projected to post its quarterly earnings results before the market opens on Tuesday, February 18th. Analysts expect Waystar to post earnings of $0.15 per share and revenue of $232.29 million for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Waystar Price Performance

NASDAQ WAY opened at $45.35 on Friday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 2.29 and a current ratio of 2.29. Waystar has a one year low of $20.26 and a one year high of $45.49. The firm’s fifty day moving average is $38.12 and its two-hundred day moving average is $31.24.

Insider Buying and Selling

In other Waystar news, CFO Steven M. Oreskovich sold 16,666 shares of the company’s stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $33.89, for a total value of $564,810.74. Following the sale, the chief financial officer now owns 173,642 shares of the company’s stock, valued at $5,884,727.38. This represents a 8.76 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Analysts Set New Price Targets

A number of research analysts have commented on the stock. The Goldman Sachs Group lifted their price objective on shares of Waystar from $39.00 to $44.00 and gave the company a “buy” rating in a research note on Tuesday, January 14th. Raymond James upgraded shares of Waystar from an “outperform” rating to a “strong-buy” rating and set a $40.00 price objective on the stock in a research note on Friday, November 22nd. Bank of America boosted their price target on shares of Waystar from $36.00 to $43.00 and gave the stock a “buy” rating in a research note on Monday, January 6th. Royal Bank of Canada boosted their price target on shares of Waystar from $31.00 to $34.00 and gave the stock an “outperform” rating in a research note on Thursday, November 7th. Finally, Jefferies Financial Group assumed coverage on shares of Waystar in a research note on Tuesday, February 11th. They set a “buy” rating and a $51.00 price target on the stock. Eleven research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $36.55.

Waystar Company Profile

Waystar Holding Corp. is a software company which provide healthcare payments. Waystar Holding Corp. is based in LEHI, Utah.