Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The closing price of Waystar Holding Corp (NASDAQ: WAY) was $40.94 for the day, down -2.43% from the previous closing price of $41.96. In other words, the price has decreased by -$2.43 from its previous closing price. On the day, 1.21 million shares were traded. WAY stock price reached its highest trading level at $42.07 during the session, while it also had its lowest trading level at $40.5001.
Ratios:
Our analysis of WAY’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 48.81 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 78.61. For the most recent quarter (mrq), Quick Ratio is recorded 2.29 and its Current Ratio is at 2.29. In the meantime, Its Debt-to-Equity ratio is 0.41 whereas as Long-Term Debt/Eq ratio is at 0.41.
On July 02, 2024, RBC Capital Mkts started tracking the stock assigning a Outperform rating and target price of $27.RBC Capital Mkts initiated its Outperform rating on July 02, 2024, with a $27 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 12 ’24 when Oreskovich Steven M sold 16,666 shares for $33.89 per share. The transaction valued at 564,857 led to the insider holds 173,642 shares of the business.
STEVEN M ORESKOVICH bought 16,666 shares of WAY for $566,977 on Dec 12 ’24. On Jun 10 ’24, another insider, DRISCOLL JOHN PATRICK, who serves as the Chairperson of the company, bought 6,000 shares for $21.50 each. As a result, the insider paid 129,000 and bolstered with 85,623 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WAY now has a Market Capitalization of 7045200384 and an Enterprise Value of 8358716928. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.77 while its Price-to-Book (P/B) ratio in mrq is 2.31. Its current Enterprise Value per Revenue stands at 9.225 whereas that against EBITDA is 28.705.
Stock Price History:
Over the past 52 weeks, WAY has reached a high of $41.96, while it has fallen to a 52-week low of $20.26. The 50-Day Moving Average of the stock is 13.47%, while the 200-Day Moving Average is calculated to be 42.44%.
Shares Statistics:
WAY traded an average of 1.27M shares per day over the past three months and 1287850 shares per day over the past ten days. A total of 172.09M shares are outstanding, with a floating share count of 77.98M. Insiders hold about 54.69% of the company’s shares, while institutions hold 46.63% stake in the company. Shares short for WAY as of 1736899200 were 4037498 with a Short Ratio of 3.18, compared to 1734048000 on 4593645. Therefore, it implies a Short% of Shares Outstanding of 4037498 and a Short% of Float of 6.950000000000001.
