Waystar Holding Corp. (WAY)

NASDAQ: WAY · Real-Time Price · USD
28.53
-0.04 (-0.14%)
Oct 31, 2024, 4:00 PM EDT - Market closed
-0.14%
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]

Sector Healthcare
IPO Date Jun 7, 2024
Employees 1,400
Stock Exchange NASDAQ
Ticker Symbol WAY
Full Company Profile

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 Statements

Analyst 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.

Price Target
$29.89
(4.77% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

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...

15 days ago - Seeking Alpha

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...

17 days ago - PRNewsWire

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...

5 weeks ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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.

3 months ago - CNBC Television

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,...

3 months ago - PRNewsWire

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 ...

3 months ago - PRNewsWire

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.

4 months ago - Benzinga

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. ,...

4 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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...

4 months ago - Seeking Alpha

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...

5 months ago - Fast Company

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...

5 months ago - Bloomberg Markets and Finance

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.

5 months ago - CNBC Television

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.

5 months ago - CNBC

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.

5 months ago - Reuters

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.

5 months ago - Market Watch

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...

5 months ago - PRNewsWire

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...

5 months ago - Reuters

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...

Other symbols: GAUZNVL
5 months ago - Seeking Alpha

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...

5 months ago - PYMNTS

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).

5 months ago - Investopedia

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...

5 months ago - Market Watch

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.

5 months ago - Reuters