While Waystar Holding Corp has underperformed by -3.16%, investors are advised to look at stock chart patterns for technical insight.
On March 14, 2025, Truist started tracking Waystar Holding Corp (NASDAQ: WAY) recommending Buy. A report published by Jefferies on February 11, 2025, Initiated its previous ‘Buy’ rating for WAY. Raymond James also Upgraded WAY shares as ‘Strong Buy’, setting a target price of $40 on the company’s shares in a report dated November 22, 2024. RBC Capital Mkts initiated its ‘Outperform’ rating for WAY, as published in its report on July 02, 2024. Raymond James’s report from July 02, 2024 suggests a price prediction of $30 for WAY shares, giving the stock a ‘Outperform’ rating. JP Morgan also rated the stock as ‘Overweight’.
Analysis of Waystar Holding Corp (WAY)
Further, the quarter-over-quarter increase in sales is 18.10%, showing a positive trend in the upcoming months.
There are several well-rounded types of analysis and research techniques that can be used to gain a clear view of Waystar Holding Corp’s future performance, with equity being one of the most critical indicators. The goal here is to ensure that your current return on equity of -0.75% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 2.55, 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.
As an indicator of volatility for any stock, average volume can also be very valuable, and WAY is recording an average volume of 2.04M. On a monthly basis, the volatility of the stock is set at 5.21%, whereas on a weekly basis, it is put at 4.65%, with a gain of 0.55% over the past seven days. Furthermore, long-term investors anticipate a median target price of $49.64, showing growth from the present price of $37.68, 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?
Apart from looking at the fundamentals, you should also pay attention to the number of company employees who own shares. 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 43.40%. 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 45.43% 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 45.43% at present.
