Oscar Health Inc (NYSE:OSCR) has a beta value of 1.61 and has seen 2.61 million shares traded in the last trading session. The company, currently valued at $4.20B, closed the last trade at $17.37 per share which meant it lost -$0.21 on the day or -1.19% during that session. The OSCR stock price is -36.96% off its 52-week high price of $23.79 and 72.83% 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 2.68 million shares traded. The 3-month trading volume is 2.94 million shares.
The consensus among analysts is that Oscar Health Inc (OSCR) is Buy stock at the moment, with a recommendation rating of 1.86. 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.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Oscar Health Inc (NYSE:OSCR) trade information
Sporting -1.19% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the OSCR stock price touched $17.37 or saw a rise of 6.41%. Year-to-date, Oscar Health Inc shares have moved 89.84%, while the 5-day performance has seen it change -4.98%. Over the past 30 days, the shares of Oscar Health Inc (NYSE:OSCR) have changed -20.76%. Short interest in the company has seen 12.02 million shares shorted with days to cover at 3.69.
Wall Street analysts have a consensus price target for the stock at $21, which means that the shares’ value could jump 17.29% from current levels. 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 current price level is -61.2% off the targeted high while a plunge would see the stock lose 71.21% from current levels.
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 10.78% over the past 6 months, with this year growth rate of 100.82%, compared to 12.50% for the industry. Revenue growth from the last financial year stood is estimated to be 54.20%.
5 analysts offering their estimates for the company have set an average revenue estimate of 2.33B for the current quarter. 5 have an estimated revenue figure of 2.35B 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 61.90% for the current quarter and 54.20% 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. Earnings growth for 2024 is a modest 105.05% while over the next 5 years, the company’s earnings are expected to increase by 71.00%.
OSCR Dividends
Oscar Health Inc is expected to release its next earnings report in November 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 2.82% of the company shares, while shares held by institutions stand at 84.67% with a share float percentage of 87.12%. Investors are also buoyed by the number of investors in a company, with Oscar Health Inc having a total of 356.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 17.38 million shares worth more than $275.03 million. As of 2024-06-30, VANGUARD GROUP INC held 7.5114% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 14.18 million shares as of 2024-06-30. The firm’s total holdings are worth over $224.25 million and represent 6.1246% of shares outstanding.
