Waystar Holding Corp. (WAY)
Market Cap | 6.45B |
Revenue (ttm) | 906.14M |
Net Income (ttm) | -52.62M |
Shares Out | 172.09M |
EPS (ttm) | -0.40 |
PE Ratio | n/a |
Forward PE | 50.57 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 886,698 |
Open | 37.64 |
Previous Close | 37.36 |
Day's Range | 36.86 - 37.64 |
52-Week Range | 20.26 - 38.35 |
Beta | n/a |
Analysts | Strong Buy |
Price Target | 35.67 (-4.8%) |
Earnings Date | Feb 10, 2025 |
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 $35.67, which is a decrease of -4.80% from the latest price.
News
Waystar unveils transformative generative AI innovation to help providers recover billions of dollars tied to 450 million annual denied claims
Healthcare providers gain access to first-of-its-kind generative AI technology, leading to faster and more accurate payments LEHI, Utah, and LOUISVILLE, Ky. , Jan. 13, 2025 /PRNewswire/ -- Waystar (Na...
Waystar to Present at J.P. Morgan Healthcare Conference
LEHI, Utah and LOUISVILLE, Ky. , Jan. 6, 2025 /PRNewswire/ -- Waystar Holding Corp. (Nasdaq: WAY), a provider of leading healthcare payment software, today announced that Chief Executive Officer Matt ...
Waystar Announces Amendment to Its Credit Facilities
Enhancements expected to boost flexibility and lower borrowing costs LEHI, Utah and LOUISVILLE, Ky. , Dec. 30, 2024 /PRNewswire/ -- Waystar Holding Corp. (Nasdaq: WAY), a provider of leading healthcar...
Digital health companies got pummeled by Wall Street in 2024 as industry adapts to post-Covid slowdown
It's been nearly five years since the coronavirus broke out in the U.S., but digital health companies are still reeling from the aftermath. According to a CNBC analysis of 39 public digital health com...
Waystar Named One of Forbes' Most Trusted Companies in America
LEHI, Utah, and LOUISVILLE, Ky. , Dec. 4, 2024 /PRNewswire/ -- Waystar Holding Corp. (Nasdaq: WAY), a provider of leading healthcare payment software, announced today that Forbes recognized Waystar as...
Waystar to Speak at Upcoming Investor Conferences
LEHI, Utah and LOUISVILLE, Ky. , Nov. 26, 2024 /PRNewswire/ -- Waystar Holding Corp. (Nasdaq: WAY), a provider of leading healthcare payment software, today announced that Chief Executive Officer Matt...
Waystar Reports Third Quarter 2024 Results
Revenue growth of 22% year-over-year Net income of $5.4 million and non-GAAP net income of $25.3 million Net income margin of 2%; Adjusted EBITDA margin of 40% LEHI, Utah and LOUISVILLE, Ky. , Nov. 6,...
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.