A new trading day began on Tuesday, with Waystar Holding Corp (NASDAQ: WAY) stock price down -0.53% from the previous day of trading, before settling in for the closing price of $45.35. WAY’s price has ranged from $20.26 to $45.49 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
A company in the Healthcare sector has jumped its sales by 17.03% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 1.14%. With a float of $81.21 million, this company’s outstanding shares have now reached $172.09 million.
In terms of profitability, gross margin is 57.16%, operating margin of 13.61%, and the pretax margin is -2.39%.
Waystar Holding Corp (WAY) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Health Information Services Industry. The insider ownership of Waystar Holding Corp is 52.81%, while institutional ownership is 49.78%. The most recent insider transaction that took place on Dec 12 ’24, was worth 564,857. In this transaction Chief Financial Officer of this company sold 16,666 shares at a rate of $33.89, taking the stock ownership to the 173,642 shares. Before that another transaction happened on Dec 12 ’24, when Company’s Officer proposed sale 16,666 for $34.02, making the entire transaction worth $566,977.
Waystar Holding Corp (WAY) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.26 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 1.14% per share during the next fiscal year.
Waystar Holding Corp (NASDAQ: WAY) Trading Performance Indicators
Here are Waystar Holding Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.29. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.57. Likewise, its price to free cash flow for the trailing twelve months is 86.62.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.32, a number that is poised to hit 0.26 in the next quarter and is forecasted to reach 1.30 in one year’s time.
Technical Analysis of Waystar Holding Corp (WAY)
Let’s dig in a bit further. During the last 5-days, its volume was 2.37 million. That was better than the volume of 1.34 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 85.06%. Additionally, its Average True Range was 1.65.
During the past 100 days, Waystar Holding Corp’s (WAY) raw stochastic average was set at 86.08%, which indicates a significant increase from 72.92% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.22% in the past 14 days, which was higher than the 28.12% volatility it showed in the past 100 days.
However, in the short run, Waystar Holding Corp’s stock first resistance to watch stands at $47.79. Second resistance stands at $50.48. The third major resistance level sits at $52.84. If the price goes on to break the first support level at $42.74, it is likely to go to the next support level at $40.38. Assuming the price breaks the second support level, the third support level stands at $37.69.
Waystar Holding Corp (NASDAQ: WAY) Key Stats
With a market capitalization of 7.76 billion, the company has a total of 172,086K Shares Outstanding. Currently, annual sales are 791,010 K while annual income is -51,330 K. The company’s previous quarter sales were 240,110 K while its latest quarter income was 5,410 K.
