Waystar (WAY) to Release Earnings on Tuesday

Waystar (NASDAQ:WAY) will likely be announcing its 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. Persons interested in listening to the company’s earnings conference call can do so using this link.

Waystar Trading Up 1.3 %

Shares of NASDAQ WAY opened at $41.45 on Tuesday. The business’s 50-day simple moving average is $36.80 and its 200-day simple moving average is $30.64. The company has a debt-to-equity ratio of 0.40, a current ratio of 2.29 and a quick ratio of 2.29. Waystar has a 52 week low of $20.26 and a 52 week high of $42.07.

Insider Buying and Selling

In related news, CFO Steven M. Oreskovich sold 16,666 shares of the firm’s stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $33.89, for a total value of $564,810.74. Following the completion of the transaction, the chief financial officer now directly owns 173,642 shares of the company’s stock, valued at $5,884,727.38. This trade 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 available through this hyperlink.

Wall Street Analysts Forecast Growth

WAY has been the topic of several analyst reports. The Goldman Sachs Group increased their price target on Waystar from $39.00 to $44.00 and gave the company a “buy” rating in a report on Tuesday, January 14th. Evercore ISI lifted their target price on shares of Waystar from $32.00 to $36.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th. Royal Bank of Canada upped their price target on shares of Waystar from $31.00 to $34.00 and gave the company an “outperform” rating in a report on Thursday, November 7th. Raymond James raised Waystar from an “outperform” rating to a “strong-buy” rating and set a $40.00 price target on the stock in a research report on Friday, November 22nd. Finally, Bank of America boosted their price objective on Waystar from $36.00 to $43.00 and gave the stock a “buy” rating in a research report on Monday, January 6th. Ten equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Waystar currently has an average rating of “Buy” and an average price target of $35.10.

Waystar Company Profile

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