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After finishing at $34.02 in the prior trading day, Waystar Holding Corp (NASDAQ: WAY) closed at $34.19, up 0.50%. In other words, the price has increased by $0.50 from its previous closing price. On the day, 1.39 million shares were traded. WAY stock price reached its highest trading level at $34.22 during the session, while it also had its lowest trading level at $33.15.
Ratios:
Our goal is to gain a better understanding of WAY by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 40.76 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 65.65. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 12 ’24 when STEVEN M ORESKOVICH bought 16,666 shares for $34.02 per share.
DRISCOLL JOHN PATRICK bought 6,000 shares of WAY for $129,000 on Jun 10 ’24. The Chairperson now owns 85,623 shares after completing the transaction at $21.50 per share.
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 5883620352 and an Enterprise Value of 7021607936. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.49 while its Price-to-Book (P/B) ratio in mrq is 1.93. Its current Enterprise Value per Revenue stands at 7.749 whereas that against EBITDA is 24.113.
Stock Price History:
Over the past 52 weeks, WAY has reached a high of $34.12, while it has fallen to a 52-week low of $20.26. The 50-Day Moving Average of the stock is 15.73%, while the 200-Day Moving Average is calculated to be 30.40%.
Shares Statistics:
The stock has traded on average 1.03M shares per day over the past 3-months and 1293380 shares per day over the last 10 days, according to various share statistics. 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 46.84% stake in the company. Shares short for WAY as of 1732838400 were 4395575 with a Short Ratio of 4.25, compared to 1730332800 on 2831871. Therefore, it implies a Short% of Shares Outstanding of 4395575 and a Short% of Float of 7.57.
