WAY

BuyPremium Grower

Waystar Holding Corp. · Healthcare · United States · $5.5B cap · $55.8M/day traded

$28.21 -2.5% · close 29 Oct · scored 30 Oct

StockRank up 1.9 since 29 Oct.

Premium Grower: Strong business with the market behind it, priced at a premium.

75
StockRank
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Quality
54
Value
47
Momentum
71

As of 30 Oct 2026, MoatMap's StockRank for Waystar Holding Corp. (WAY) is 75/100, ranked against 24,000+ stocks in 35 markets (Quality 54, Value 47, Momentum 71, each scored against its sector).

Does StockRank work? Each month we publish how every decile did, whichever way it went. See the record →

P/E (TTM)
41.2x
peers 27.2x
ROE
3.8%
peers -30.5%
D/E
0.4x
peers 0.2x
Dividend %
—
trailing yield

ABOUT WAYSTAR HOLDING CORP.

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Waystar Holding Corp. provides cloud-based software solutions for healthcare payments, streamlining processes for providers to get paid accurately and quickly across patient intake, claims, and revenue cycle management. Its comprehensive, integrated platform creates significant operational efficiencies and reduces administrative burden for providers, leading to high client stickiness and network effects within the healthcare ecosystem. Waystar is a leading technology provider focused on modernizing complex healthcare payments.

FINANCIAL SUMMARY (USD)

Year2022202320242025CAGRTTM2026E2027EFwd CAGR
Revenue704.9M791.0M943.5M1.1B16.0%1.2B1.3B1.4B13.8%
EPS-0.31-0.31-0.130.63—0.700.740.8315.1%
Shares166.7M166.7M172.1M191.6M+15.0%191.7M———
Debt2.3B2.2B1.3B1.5B-13.0%1.5B———
Equity2.1B2.0B3.1B3.9B22.6%————
Op CF102.6M51.5M169.8M309.7M44.5%293.0M———
Inv CF-17.4M-61.5M-27.3M-680.9M—————
Fin CF-67.1M-17.2M16.7M243.4M—————
Loading 1Y...
PRICE (1Y) · USD+9.9%
24.625.726.827.929.018 Sep9 Oct29 Oct
SMA 50SMA 200

Price checkTurning upExperimental

63% above its 52-week low and back above a rising 50-day average.

SwingsBumpy

Swung more than 68% of stocks we rank over the past year (54% a year).

How this is worked out

StockRank judges the business. The price check reads only the chart: it is the price side of the Momentum score, in words.

The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.

In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn like this one cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.

What it measures: day-to-day price moves over the past year, as a yearly figure, ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.

What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.

Calm is not safe: a calm stock can still slide steadily.

Rules fixed before any data was fetched. Describes the chart, not a recommendation.

Close
$28.21
RSI (14)
60.4
52-Week Range-30.1% from high
Low $17.26High $40.35

SCORE BREAKDOWN

Quality
54
ROIC
4.5%53.8
ROE
3.8%52.5
GP/Assets
14.4%34.2
Op. Margin
24.4%88.3
FCF/Assets
5.7%71.2
Piotroski
668.5
Int. Cover
3.2x46.7
D/E Ratio
0.37x36.0
Current Ratio
1.85x36.5
Value
47
P/E (TTM)
41.2x25.7
EV/EBITDA
15.7x43.7
P/FCF
16.9x64.5
P/B
1.4x73.3
P/S
4.6x41.8
Div Yield
—N/A
Momentum
71
52W High %
70%54.9
RS 6M
24%81.0
SMA 50/200
1.09x77.4
EPS Rev 4W
+0.1%69.1
EPS Rev 12W
+1.6%69.2
EPS Improve
+169%84.5
Q Growth
27%61.5

FUNDAMENTALS

Market Cap
$5.5B
P/E (Forward)
15.3x
Gross Margin
69.1%

SECTOR PEERS

Closest peers in Healthcare, ranked by industry match, size, and score similarity. Cross-listings of WAY are excluded.

TickerCompanyMkt CapStockRankSignal
WAYWaystar Holding Corp.(you)$5.5B75Buy
DOCSDoximity, Inc.$6.0B76Buy
HNGEHinge Health, Inc.$9.0B75Buy
HQYHealthEquity, Inc.$8.6B83Strong Buy
BTSGBrightSpring Health Services, Inc.$11.9B80Strong Buy
CERTCertara, Inc.$1.6B67Buy
OMCLOmnicell, Inc.$1.7B64Hold
TDOCTeladoc Health, Inc.$1.2B70Buy
GDRXGoodRx Holdings, Inc.$1.2B83Strong Buy
HSTMHealthStream, Inc.$1.1B80Strong Buy

Peer medians: ROE -30.5% · P/E 27.2x · Gross margin 63.3%

Company Deep Dive

Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.

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Waystar Holding Corp. (WAY): Stock Score Summary

Waystar Holding Corp. (WAY) has a MoatMap StockRank of 75/100 based on Quality (54/100), Value (47/100), and Momentum (71/100) factor scores. The current signal is BUY.

Waystar Holding Corp. provides cloud-based software solutions for healthcare payments, streamlining processes for providers to get paid accurately and quickly across patient intake, claims, and revenue cycle management. Its comprehensive, integrated platform creates significant operational efficiencies and reduces administrative burden for providers, leading to high client stickiness and network effects within the healthcare ecosystem. Waystar is a leading technology provider focused on modernizing complex healthcare payments.

Key Financial Metrics

Price$28.21
Market Cap$5.5B
P/E (TTM)41.21
P/E (Forward)15.35
Price/Book1.39
Return on Equity3.8%
Return on Invested Capital4.5%
Debt/Equity0.37x
Gross Margin69.1%
Operating Margin24.4%
Revenue Growth18.1%
Free Cash Flow$328M

Waystar Holding Corp. operates in the Health Information Services industry, part of the Healthcare sector (United States).

Frequently Asked Questions

What is Waystar Holding Corp.’s (WAY) StockRank?
MoatMap’s StockRank for Waystar Holding Corp. (WAY) is 75/100, with a Buy signal. It is a composite of Quality (54), Value (47), and Momentum (71), each scored against its sector. The composite is then ranked across MoatMap’s universe of 24,000+ stocks.
Does Waystar Holding Corp. have an economic moat?
Waystar Holding Corp. (WAY) has a Quality factor score of 54/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage: the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Waystar Holding Corp. a buy, hold, or sell?
MoatMap’s current signal for Waystar Holding Corp. (WAY) is Buy, based on a StockRank of 75/100. Signals are derived mechanically from the StockRank composite and should be one input among many; combine with your own thesis on management, competitive position, and valuation.
What sector is Waystar Holding Corp. in?
Waystar Holding Corp. (WAY) operates in the Healthcare sector, specifically the Health Information Services industry (United States).