Investing In Oscar Health Inc (NYSE: OSCR) Stock. Performance & Trends

In the last trading session, 1.17 million Oscar Health Inc (NYSE:OSCR) shares changed hands as the company’s beta touched 1.63. With the company’s per share price at $17.33 changed hands at $0.5 or 2.97% during last session, the market valuation stood at $4.41B. OSCR’s last price was a discount, traded about -37.28% off its 52-week high of $23.79. The share price had its 52-week low at $7.29, which suggests the last value was 57.93% up since then. When we look at Oscar Health Inc’s average trading volume, we note the 10-day average is 4.32 million shares, with the 3-month average coming to 3.83 million.

Analysts gave the Oscar Health Inc (OSCR) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.00. If we narrow down to specifics, the data shows that 0 out of 5 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended OSCR as a Hold, 3 felt it is a Buy and 0 rated the stock as Underweight.

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Oscar Health Inc (NYSE:OSCR) trade information

Instantly OSCR was in green as seen at the end of in last trading. With action 6.25%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 89.40%, with the 5-day performance at 6.25% in the green. However, in the 30-day time frame, Oscar Health Inc (NYSE:OSCR) is 1.70% up. Looking at the short shares, we see there were 16.62 million shares sold at short interest cover period of 3.52 days.

The consensus price target for the stock as assigned by Wall Street analysts is 21, meaning bulls need an upside of 17.48% from its current market value. According to analyst projections, OSCR’s forecast low is 5 with 28 as the target high. To hit the forecast high, the stock’s price needs a -61.57% plunge from its current level, while the stock would need to tank 71.15% for it to hit the projected low.

Oscar Health Inc (OSCR) estimates and forecasts

Data shows that the Oscar Health Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -13.18% over the past 6 months, a 99.18% in annual growth rate that is considerably higher than the industry average of 11.90%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -2.85%. The 2024 estimates are for Oscar Health Inc earnings to increase by 103.35%.

OSCR Dividends

Oscar Health Inc is expected to release its next quarterly earnings report in January.

Oscar Health Inc (NYSE:OSCR)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 3.01% of Oscar Health Inc shares while 87.47% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 90.18%. There are 87.47% institutions holding the Oscar Health Inc stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 7.5114% of the shares, roughly 17.38 million OSCR shares worth $275.03 million.

BLACKROCK INC. holds the second largest percentage of outstanding shares, with 6.1246% or 14.18 million shares worth $224.25 million as of 2024-06-30.