While Waystar Holding Corp has overperformed by 2.17%, investors are advised to look at stock chart patterns for technical insight.
On February 11, 2025, Jefferies started tracking Waystar Holding Corp (NASDAQ: WAY) recommending Buy. A report published by Raymond James on November 22, 2024, Upgraded its rating to ‘Strong Buy’ for WAY. RBC Capital Mkts Initiated an Outperform rating on July 02, 2024, and assigned a price target of $27. Raymond James initiated its ‘Outperform’ rating for WAY, as published in its report on July 02, 2024. JP Morgan’s report from July 02, 2024 suggests a price prediction of $24 for WAY shares, giving the stock a ‘Overweight’ rating. Goldman also rated the stock as ‘Buy’.
Analysis of Waystar Holding Corp (WAY)
Further, the quarter-over-quarter increase in sales is 21.72%, showing a positive trend in the upcoming months.
One of the most important indicators of Waystar Holding Corp’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. The goal here is to ensure that your current return on equity of -2.05% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 2.29, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can also provide valuable insight into volatility, and WAY is recording 1.20M average volume. On a monthly basis, the volatility of the stock is set at 3.52%, whereas on a weekly basis, it is put at 2.83%, with a gain of 9.18% over the past seven days. Furthermore, long-term investors anticipate a median target price of $40.80, showing decline from the present price of $44.70, which can serve as yet another indication of whether WAY is worth investing in or should be passed over.
How Do You Analyze Waystar Holding Corp Shares?
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 54.69%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 47.34% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
WAY shares are owned by institutional investors to the tune of 47.34% at present.
