Oscar Health Inc (NYSE:OSCR) has a beta value of 1.58 and has seen 0.76 million shares traded in the recent trading session. The company, currently valued at $4.34B, closed the recent trade at $18.28 per share which meant it gained $0.23 on the day or 1.27% during that session. The OSCR stock price is -28.23% off its 52-week high price of $23.44 and 74.18% above the 52-week low of $4.72. If we look at the company’s 10-day average daily trading volume, we find that it stood at 3.46 million shares traded. The 3-month trading volume is 3.28 million shares.
The consensus among analysts is that Oscar Health Inc (OSCR) is Buy stock at the moment, with a recommendation rating of 1.67. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 2 out of 5 have rated it as a Hold, with 3 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.17.
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Oscar Health Inc (NYSE:OSCR) trade information
Sporting 1.27% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the OSCR stock price touched $18.28 or saw a rise of 2.25%. Year-to-date, Oscar Health Inc shares have moved 99.78%, while the 5-day performance has seen it change 11.33%. Over the past 30 days, the shares of Oscar Health Inc (NYSE:OSCR) have changed 10.65%. Short interest in the company has seen 14.38 million shares shorted with days to cover at 4.09.
Wall Street analysts have a consensus price target for the stock at $21, which means that the shares’ value could jump 12.95% from the levels at last check today. The projected low price target is $5.0 while the price target rests at a high of $28.0. In that case, then, we find that the latest price level in today’s session is -53.17% off the targeted high while a plunge would see the stock lose 72.65% from the levels at last check today.
Oscar Health Inc (OSCR) estimates and forecasts
Figures show that Oscar Health Inc shares have outperformed across the wider relevant industry. The company’s shares have gained 3.39% over the past 6 months, with this year growth rate of 96.72%, compared to 11.30% for the industry. Revenue growth from the last financial year stood is estimated to be 51.90%.
5 analysts offering their estimates for the company have set an average revenue estimate of 2.27B for the current quarter. 5 have an estimated revenue figure of 2.27B for the next ending quarter. Year-ago sales stood 1.44B and 1.43B respectively for this quarter and the next, and analysts expect sales will grow by 57.60% for the current quarter and 51.90% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -2.85% over the past 5 years.
OSCR Dividends
Oscar Health Inc is expected to release its next earnings report 2024-Nov-05 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Oscar Health Inc (NYSE:OSCR)’s Major holders
Insiders own 2.59% of the company shares, while shares held by institutions stand at 78.69% with a share float percentage of 80.78%. Investors are also buoyed by the number of investors in a company, with Oscar Health Inc having a total of 316.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 14.58 million shares worth more than $216.85 million. As of 2024-03-31, VANGUARD GROUP INC held 6.579% of shares outstanding.
The other major institutional holder is DRAGONEER INVESTMENT GROUP, LLC, with the holding of over 12.73 million shares as of 2024-03-31. The firm’s total holdings are worth over $189.24 million and represent 5.7413% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF. As of Mar 31, 2024, the former fund manager holds about 2.30% shares in the company for having 4.76 shares of worth $86.75 million while later fund manager owns 4.74 shares of worth $86.5 million as of Jun 30, 2024, which makes it owner of about 2.30% of company’s outstanding stock.
