Comparing Waystar (NASDAQ:WAY) and SmartRent (NYSE:SMRT)

Waystar (NASDAQ:WAY) and SmartRent (NYSE:SMRT) are both computer and technology companies, but which is the better business? We will contrast the two companies based on the strength of their risk, institutional ownership, earnings, dividends, valuation, analyst recommendations and profitability.

Institutional and Insider Ownership

59.4% of SmartRent shares are owned by institutional investors. 9.0% of SmartRent shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Valuation and Earnings

This table compares Waystar and SmartRent”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Waystar	$791.01 million	6.66	-$51.33 million	N/A	N/A
SmartRent	$236.84 million	1.30	-$34.59 million	($0.13)	-11.69

SmartRent has lower revenue, but higher earnings than Waystar.

Profitability

This table compares Waystar and SmartRent’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Waystar	N/A	N/A	N/A
SmartRent	-12.77%	-6.08%	-4.15%

Analyst Ratings

This is a breakdown of current ratings and recommmendations for Waystar and SmartRent, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Waystar	0	0	11	0	3.00
SmartRent	0	5	0	0	2.00

Waystar presently has a consensus target price of $31.90, suggesting a potential upside of 0.89%. SmartRent has a consensus target price of $2.50, suggesting a potential upside of 64.47%. Given SmartRent’s higher probable upside, analysts plainly believe SmartRent is more favorable than Waystar.

Summary

Waystar beats SmartRent on 7 of the 11 factors compared between the two stocks.

About Waystar

Waystar Holding Corp. is a software company which provide healthcare payments. Waystar Holding Corp. is based in LEHI, Utah.

About SmartRent

SmartRent, Inc., an enterprise software company, provides an integrated smart home operating system to residential property owners and operators, homebuilders, institutional home buyers, developers, and residents in the United States. The company’s products and solutions include smart apartments and homes, access control for buildings, common areas, and rental units, asset protection and monitoring, parking management, self-guided tours, and community and resident Wi-Fi. It also offers professional services to customers, which include training, installation, and support services. The company was founded in 2017 and is headquartered in Scottsdale, Arizona.