With 0.64 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.82 million shares. During the session, the Health Information Services company that operates in wider Healthcare sector, reached to the highest price of $31.35 whereas the lowest price it dropped to was $30.62. The 52-week range on WAY shows that it touched its highest point at $33.25 and its lowest point at $20.26 during that stretch. It currently has a 1-year price target of $35.67.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of WAY was up-trending over the past week, with a rise of 0.34%, but this was up by 11.54% over a month.
Float and Shares Shorts:
At present, 166.66 million WAY shares are outstanding with a float of 74.91 million shares on hand for trading. On 2024-10-31, short shares totaled 2.83 million, which was 165.0 higher than short shares on 1727654400. In addition to Mr. Matthew J. Hawkins as the firm’s CEO & Director, Mr. Eric L. Sinclair III serves as its Chief Business Officer.
Institutional Ownership:
Through their ownership of 1.00722 of WAY’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, WAY reported revenue of $240112000.0 and operating income of $27146000.0. The EBITDA in the recently reported quarter was $87331000.0 and diluted EPS was $0.03.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for WAY since 8 analysts follow the stock currently. There are 8 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With WAY analysts setting a high price target of 40.0 and a low target of 30.0, the average target price over the next 12 months is 35.66667. Based on these targets, WAY could surge 29.37% to reach the target high and fall by -2.98% to reach the target low. Reaching the average price target will result in a growth of 15.35% from current levels.
Analysts have provided yearly estimates in a range of $0.31 being high and $0.25 being low. For WAY, this leads to a yearly average estimate of $0.3. Based on analyst estimates, the high estimate for the next quarter is $0.2 and the low estimate is $0.18. The average estimate for the next quarter is thus $0.19.
