Waystar Holding Corp. (WAY)

NASDAQ: WAY · IEX Real-Time Price · USD
21.51
0.00 (0.00%)
At close: Jul 2, 2024, 4:00 PM
21.61
+0.10 (0.46%)
After-hours: Jul 2, 2024, 5:03 PM EDT
0.00%
Market Cap 3.58B
Revenue (ttm) 747.13M
Net Income (ttm) -40.02M
Shares Out 166.66M
EPS (ttm) -0.24
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,585,738
Open 21.81
Previous Close 21.51
Day's Range 21.50 - 21.97
52-Week Range 20.50 - 23.09
Beta n/a
Analysts Strong Buy
Price Target 27.86 (+29.52%)
Earnings Date Aug 10, 2024

About WAY

Waystar provides healthcare organizations with mission-critical cloud software that simplifies healthcare payments. Our enterprise-grade platform streamlines the complex and disparate processes our healthcare provider clients must manage to be reimbursed correctly, while improving the payments experience for providers, patients, and payers. We leverage internally developed AI as well as proprietary, advanced algorithms to automate payment-related workflow tasks and drive continuous improvement, which enhances claim and billing accuracy, enriche... [Read more]

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

Financial Performance

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for WAY stock is "Strong Buy." The 12-month stock price forecast is $27.86, which is an increase of 29.52% from the latest price.

Price Target
$27.86
(29.52% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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.

9 hours 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. ,...

1 day 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...

5 days ago - PRNewsWire

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...

24 days 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...

25 days 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.

25 days 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.

25 days 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.

25 days 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.

25 days 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...

26 days 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...

26 days ago - Reuters

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 weeks 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 weeks 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 weeks 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 weeks ago - Reuters

Waystar Announces Launch of Initial Public Offering

LEHI, Utah and LOUISVILLE, Ky. , May 28, 2024 /PRNewswire/ -- Waystar Holding Corp. ("Waystar") today announced the launch of its initial public offering of 45,000,000 shares of its common stock pursu...

5 weeks ago - PRNewsWire

Report: Waystar Plans to Launch IPO in Early June

Waystar is reportedly planning to launch its initial public offering (IPO) in early June, seeking a valuation of $5 billion or $6 billion. The healthcare payments company will begin its roadshow pitch...

7 weeks ago - PYMNTS

Payments-Company Waystar Plans to Restart IPO Pitch

The private equity-backed company is eyeing a June stock-market debut.

7 weeks ago - WSJ

Experity Completes Migration of Clients to Waystar

MACHESNEY PARK, Ill.--(BUSINESS WIRE)--Experity announced complete migration of urgent care practices to Waystar in response to a recent incident at Change Healthcare (Optum).

3 months ago - Business Wire

IPO pipeline welcomes some profitable companies, raising hopes for a rebound

The U.S. initial public offering calendar is empty this holiday-shortened week, but some recent additions to the pipeline suggest December could be livelier and welcome deals from some profitable, dec...

8 months ago - Market Watch

Waystar Listing In Limbo Amid Unhealthy IPO Market

Healthcare payments firm Waystar's plans to go public are reportedly on hold. The company had planned to begin an investors roadshow in advance of an initial public offering (IPO) this week, but will ...

8 months ago - PYMNTS

Waystar delays IPO until December or 2024 - Wall Street Journal

Healthcare software company Waystar, which was set to launch its initial public offering roadshow to pitch investors this week, has now delayed it until December at the earliest, the Wall Street Journ...

8 months ago - Reuters

Waystar IPO Delayed Until December or 2024

Waystar was set to launch its roadshow to pitch investors this week, but now is not expected to do so until December at the earliest, people familiar with the matter said. T

8 months ago - WSJ

Waystar Sees $15 Billion Market for Simplifying Healthcare Payments as It Preps for IPO

Healthcare payments are awash in paper, marked by inefficiencies, creaky legacy systems and manual processes. Waystar leverages a cloud-based platform to improve what it terms “the administrative head...

9 months ago - PYMNTS

Healthcare payments startup Waystar makes IPO filing public

Healthcare payments startup Waystar Technologies on Monday made public its filing for a U.S. stock market flotation and revealed a rise in quarterly sales. Reuters reported in August that Waystar was ...

9 months ago - Reuters