Veea (NASDAQ:VEEA – Get Free Report) and Waystar (NASDAQ:WAY – Get Free Report) are both computer and technology companies, but which is the better business? We will compare the two companies based on the strength of their risk, institutional ownership, valuation, dividends, analyst recommendations, profitability and earnings.
Earnings and Valuation
This table compares Veea and Waystar”s revenue, earnings per share and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Veea | N/A | N/A | -$30,000.00 | N/A | N/A |
Waystar | $906.14 million | 7.12 | -$51.33 million | N/A | N/A |
Veea has higher earnings, but lower revenue than Waystar.
Analyst Recommendations
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Veea | 0 | 0 | 0 | 0 | 0.00 |
Waystar | 0 | 0 | 10 | 1 | 3.09 |
Waystar has a consensus price target of $34.60, suggesting a potential downside of 7.73%. Given Waystar’s stronger consensus rating and higher probable upside, analysts clearly believe Waystar is more favorable than Veea.
Institutional & Insider Ownership
25.9% of Veea shares are held by institutional investors. 71.0% of Veea shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.
Profitability
This table compares Veea and Waystar’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Veea | N/A | N/A | -20.86% |
Waystar | N/A | N/A | N/A |
Summary
Waystar beats Veea on 6 of the 9 factors compared between the two stocks.
About Veea
Veea Inc. provides computing, multiaccess multiprotocol communications, edge storage, and cybersecurity solutions. The company offers multiaccess edge computing (MEC) platform that redefines connectivity and computing at the edge by integrating functions of servers, network attached storage (NAS), routers, firewalls, Wi-Fi Access Points, IoT gateways, and 4G and 5G connections; and Veea Edge Platform enables direct connections from the optical fiber, cellular, and satellite networks. It also provides VeeaHub STAX, an edge computing product integrated with wireless access, including Wi-Fi 6; VeeaHub that offers connectivity options for pro indoor smart edge applications; and VeeaHub Outdoor that integrates with wireless connectivity for smart edge applications in outdoor and industrial environments. The company also offers TROLLEE, a smart shopping cart platform; the VeeaHub toolkit; and Veea AdEdge, an advertising platform. Veea Inc. was founded in 2014 and is headquartered in New York, New York.
About Waystar
Waystar Holding Corp. is a software company which provide healthcare payments. Waystar Holding Corp. is based in LEHI, Utah.
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