1 week Ago By Defense World Staff
Waystar ( NASDAQ:WAY – Free Report ) had its price target lifted by Canaccord Genuity Group from $36.00 to $42.00 in a report issued on Friday, Benzinga reports.
The firm currently has a buy rating on the stock. A number of other brokerages have also issued reports on WAY. 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 note on Friday, November 22nd. Bank of America upped their target price on shares of Waystar from $27.00 to $32.
00 and gave the stock a “buy” rating in a report on Monday, October 14th. The Goldman Sachs Group raised their price target on shares of Waystar from $34.00 to $39.
00 and gave the stock a “buy” rating in a research note on Thursday, November 7th. Evercore ISI upped their price objective on shares of Waystar from $32.00 to $36.
00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. Finally, Royal Bank of Canada raised their target price on shares of Waystar from $31.00 to $34.
00 and gave the stock an “outperform” rating in a research note on Thursday, November 7th. Ten research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.
com, the stock presently has an average rating of “Buy” and an average target price of $33.50. Read Our Latest Stock Report on WAY Waystar Stock Up 2.
9 % Waystar ( NASDAQ:WAY – Get Free Report ) last posted its quarterly earnings data on Wednesday, November 6th. The company reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.
11 by $0.03. The company had revenue of $240.
10 million for the quarter, compared to analysts’ expectations of $223.82 million. The firm’s revenue for the quarter was up 21.
7% compared to the same quarter last year. Analysts expect that Waystar will post 0.03 EPS for the current year.
Insider Activity at Waystar In other Waystar news, CFO Steven M. Oreskovich sold 16,666 shares of Waystar stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $33.
89, for a total transaction of $564,810.74. Following the completion of the sale, the chief financial officer now directly owns 173,642 shares in the company, 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 legal filing with the Securities & Exchange Commission, which is available at the SEC website . Hedge Funds Weigh In On Waystar A number of hedge funds have recently made changes to their positions in the stock. Canada Pension Plan Investment Board acquired a new position in Waystar during the second quarter worth $800,003,000.
Deerfield Management Company L.P. Series C acquired a new position in Waystar during the 2nd quarter worth about $106,468,000.
TPG GP A LLC purchased a new position in Waystar during the 2nd quarter valued at about $85,910,000. ArrowMark Colorado Holdings LLC grew its position in Waystar by 36.5% in the 3rd quarter.
ArrowMark Colorado Holdings LLC now owns 3,402,294 shares of the company’s stock valued at $94,890,000 after acquiring an additional 909,715 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its stake in Waystar by 7.
7% during the third quarter. JPMorgan Chase & Co. now owns 1,345,687 shares of the company’s stock worth $37,531,000 after purchasing an additional 96,552 shares during the period.
About Waystar ( Get Free Report ) Waystar Holding Corp. is a software company which provide healthcare payments. Waystar Holding Corp.
is based in LEHI, Utah. Read More Five stocks we like better than Waystar What is Put Option Volume? Insiders Are Selling, But These 3 Stocks Are Must-Buys Stock Market Upgrades: What Are They? Rivian Defies Doubters: Delivery Triumph Fuels Stock Surge What is a Low P/E Ratio and What Does it Tell Investors? Hindenburg Short Report Slams Carvana Over Alleged ‘Grift’ Receive News & Ratings for Waystar Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Waystar and related companies with MarketBeat.com's FREE daily email newsletter .
.
