Waystar Holding Corp. (WAY)
Market Cap | 4.75B |
Revenue (ttm) | 863.29M |
Net Income (ttm) | -73.52M |
Shares Out | 166.66M |
EPS (ttm) | -0.59 |
PE Ratio | n/a |
Forward PE | 46.38 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 493,961 |
Open | 28.44 |
Previous Close | 28.57 |
Day's Range | 28.27 - 28.83 |
52-Week Range | 20.26 - 29.41 |
Beta | n/a |
Analysts | Strong Buy |
Price Target | 29.89 (+4.77%) |
Earnings Date | Nov 6, 2024 |
About WAY
Waystar Holding Corp. develops a cloud-based software solution for healthcare payments. Its platform offers financial clearance, patient financial care, claim and payment management, denial prevention and recovery, revenue capture, and analytics and reporting solutions. The company primarily serves healthcare industry. Waystar Holding Corp. was founded in 2017 and is based in Lehi, Utah. [Read more]
Financial Performance
In 2023, Waystar Holding's revenue was $791.01 million, an increase of 12.22% compared to the previous year's $704.87 million. Losses were -$51.33 million, -0.24% less than in 2022.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for WAY stock is "Strong Buy." The 12-month stock price forecast is $29.89, which is an increase of 4.77% from the latest price.
News
Global IPO Activity Picking Up But Continues To Lag Other Post-COVID Years
Global IPO activity is recovering but remains below recent years, with 326 IPOs in Q3 2024 totaling $23.32 billion, the lowest since Q1 2019. US IPO activity has increased steadily, with 36 IPOs in Q3...
Waystar to Announce Third Quarter 2024 Financial Results on November 6, 2024
LEHI, Utah and LOUISVILLE, Ky. , Oct. 14, 2024 /PRNewswire/ -- Waystar Holding Corp. (Nasdaq: WAY), a provider of leading healthcare payment software, announced today that it will report financial res...
New Research from Waystar and Modern Healthcare Reveals AI's Transformative Impact on Healthcare Payments
Leading health systems and providers experience increased productivity, revenue, and satisfaction with AI adoption 75% report positive ROI from AI in healthcare payments; 90% plan to boost AI investme...
Waystar Wins Stevie® Awards for Company of the Year and AI Solutions in Healthcare
Company awarded several distinctions for healthcare payments software at 2024 International Business Awards® LEHI, Utah and LOUISVILLE, Ky. , Aug. 19, 2024 /PRNewswire/ -- Waystar Holding Corp. (Nasda...
Waystar CEO to Speak at Canaccord Genuity Growth Conference
LEHI, Utah and LOUISVILLE, Ky., Aug. 9, 2024 /PRNewswire/ -- Waystar Holding Corp. (Nasdaq: WAY), a provider of leading healthcare payment software, today announced that Chief Executive Officer Matt H...
Waystar CEO Matthew Hawkins: We currently utilize AI across our software platform
Matthew Hawkins, Waystar CEO, joins 'Closing Bell Overtime' to talk quarterly results and the stock pop that followed.
Waystar Reports Second Quarter 2024 Results
Revenue growth of 20% year-over-year Net loss of $27.7 million and non-GAAP net income of $5.0 million Net loss margin of (11.8)%; Adjusted EBITDA margin of 40% LEHI, Utah and LOUISVILLE, Ky., Aug. 7,...
Waystar to Announce Second Quarter 2024 Financial Results on August 7, 2024
LEHI, Utah and LOUISVILLE, Ky. , July 17, 2024 /PRNewswire/ -- Waystar Holding Corp. (Nasdaq: WAY), a provider of leading healthcare payment software, announced today it will report financial results ...
Analysts Rally Behind Waystar: Predict Robust Growth and Market Share Gains Following Competitor Setback
BofA Securities analyst Allen Lutz initiated coverage on Waystar Holding Corp. WAY with a Buy rating and price forecast of $27.
Waystar awarded top-ranking healthcare payment software platform from Black Book
Survey of thousands of healthcare leaders identified Waystar as providing the industry's best client experience across 18 indicators including loyalty and satisfaction LEHI, Utah and LOUISVILLE, Ky. ,...
Waystar announces term loan repricing and credit rating upgrades from Fitch, Moody's, and S&P Global
Reduces Waystar's cost of capital and enhances its ability to allocate free cash flow towards growth initiatives LEHI, Utah and LOUISVILLE, Ky. , June 27, 2024 /PRNewswire/ -- Waystar Holding Corp. (N...
Waystar: Healthcare Payment Provider Goes Public
Waystar IPO is priced at the midpoint, as shares are trading flat. WAY stock simplifies healthcare payments through its cloud-based software. Valuations are demanding, while profitability is solid, as...
Waystar IPO: Stock price will be closely watched today as the healthcare software company debuts on Nasdaq
The name may conjure up memories of HBO's Succession (in which the fictional company at the center of the action is called “Waystar Royco”), but this Waystar is very much real—and it's hitting the pub...
Waystar CEO Matt Hawkins on Trading Debut, Growth Strategy
Waystar CEO Matt Hawkins discusses the health-care payments software maker's IPO and growth strategy on Bloomberg Television. Waystar fell 3.7% in its trading debut after raising $968 million in the y...
Waystar CEO: We're building a visible, recurring revenue business driving profitable growth
Matthew Hawkins, CEO of Waystar, joins CNBC's 'The Exchange' to discuss the healthcare software company's IPO, how the company leverages AI, and more.
Waystar shares slip in Nasdaq debut after digital health company priced IPO in middle of range
Health-care payments company Waystar began trading on the Nasdaq Friday. The stock opened at $21 per share, after the company priced its IPO at $21.50.
Waystar shares fall 2% in underwhelming Nasdaq debut
Shares of Waystar fell 2.3% below their initial public offering price in their Nasdaq Global Select Market debut on Friday, giving the healthcare payments company a valuation of $3.50 billion.
Waystar is valued at about $3.7 billion in IPO that raised $967.5 million
Waystar Holding Corp., a healthcare-payments software company, said its initial public offering priced at $21.50 a share, the midpoint of its proposed price range.
Waystar Announces Pricing of Initial Public Offering
LEHI, Utah and LOUISVILLE, Ky. , June 6, 2024 /PRNewswire/ -- Waystar Holding Corp. ("Waystar") today announced the pricing of its initial public offering of 45,000,000 shares of its common stock at a...
Exclusive: Healthcare software firm Waystar eyes pricing IPO at midpoint of indicated range - sources
Waystar, a private equity-owned vendor of software that helps hospitals and doctors' practices manage their finances, has secured enough investor commitments to plan pricing its initial public offerin...
U.S. IPO Weekly Recap: Launches And Large Filings Fill In The Short Holiday Week
There were no IPOs in the short Memorial Day week, but a few larger names joined the calendar for early June listings, and two sizable issuers submitted initial filings. Five IPOs submitted initial fi...
Healthcare Payments Software Provider Waystar Launches IPO as Market Improves
Healthcare payments software provider Waystar launched its initial public offering (IPO). The company applied to list its shares on Nasdaq under the symbol “WAY” and said the estimated IPO price is be...
Waystar Holding Announces IPO, Plans To Raise About $1 Billion
Healthcare payments software provider Waystar Holding on Tuesday announced plans to raise about $1 billion in an initial public offering (IPO).
Private equity-backed Waystar seeks to raise about $1 billion in IPO
Waystar Holding Corp., a healthcare payments software company, on Tuesday said it plans to offer 45 million shares at an estimated price range of $20 to $23 a share in its upcoming initial public offe...
Waystar aims up to $3.83 bln valuation in US IPO
Healthcare payments company Waystar said on Tuesday it was targeting a valuation of up to $3.83 billion in its initial public offering in the United States.