Is Oscar Health Inc’s (NYSE:OSCR) Stock Expensive Or Cheap At $13.38?

In last trading session, Oscar Health Inc (NYSE:OSCR) saw 4.69 million shares changing hands with its beta currently measuring 1.65. Company’s recent per share price level of $13.38 trading at -$0.12 or -0.89% at ring of the bell on the day assigns it a market valuation of $3.31B. That closing price of OSCR’s stock is at a discount of -77.8% from its 52-week high price of $23.79 and is indicating a premium of 42.68% from its 52-week low price of $7.67. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 4.4 million shares which gives us an average trading volume of 4.10 million if we extend that period to 3-months.

For Oscar Health Inc (OSCR), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.38. Splitting up the data highlights that, out of 5 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.56 in the current quarter.

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Oscar Health Inc (NYSE:OSCR) trade information

Upright in the red during last session for losing -0.89%, in the last five days OSCR remained trading in the red while hitting it’s week-highest on Thursday, 12/12/24 when the stock touched $13.38 price level, adding 10.8% to its value on the day. Oscar Health Inc’s shares saw a change of 46.23% in year-to-date performance and have moved -6.82% in past 5-day. Oscar Health Inc (NYSE:OSCR) showed a performance of -16.27% in past 30-days. Number of shares sold short was 16.93 million shares which calculate 3.24 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 28 to the stock, which implies a rise of 52.21% to its current value. Analysts have been projecting 28 as a low price target for the stock while placing it at a high target of 28. It follows that stock’s current price would drop -109.27% in reaching the projected high whereas dropping to the targeted low would mean a loss of -109.27% for stock’s current value.

Oscar Health Inc (OSCR) estimates and forecasts

Statistics highlight that Oscar Health Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -25.83% of value to its shares in past 6 months, showing an annual growth rate of 99.18% while that of industry is 9.60. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 57.84% from the last financial year’s standing.

6 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 2.47B for the same. And 4 analysts are in estimates of company making revenue of 2.79B in the next quarter. Company posted 1.43B and 2.14B of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -2.85% during past 5 years.

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

Insiders are in possession of 3.08% of company’s total shares while institution are holding 88.48 percent of that, with stock having share float percentage of 91.29%. Investors also watch the number of corporate investors in a company very closely, which is 88.48% institutions for Oscar Health Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at OSCR for having 17.38 million shares of worth $275.03 million. And as of 2024-06-30, it was holding 7.5114 of the company’s outstanding shares.

The second largest institutional holder is BLACKROCK INC., which was holding about 14.18 million shares on 2024-06-30. The number of shares represents firm’s hold over 6.1246 of outstanding shares, having a total worth of $224.25 million.