During the recent session, Oscar Health Inc (NYSE:OSCR)’s traded shares were 0.55 million, with the beta value of the company hitting 1.73. At the last check today, the stock’s price was $15.89, reflecting an intraday loss of -2.31% or -$0.37. The 52-week high for the OSCR share is $23.79, that puts it down -49.72 from that peak though still a striking 31.78% gain since the share price plummeted to a 52-week low of $10.84. The company’s market capitalization is $3.93B, and the average intraday trading volume over the past 10 days was 3.31 million shares, and the average trade volume was 4.28 million shares over the past three months.
Oscar Health Inc (OSCR) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.38. OSCR has a Sell rating from 0 analyst(s) out of 5 analysts who have looked at this stock. 2 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 3 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.56.
Oscar Health Inc (NYSE:OSCR) trade information
Oscar Health Inc (OSCR) registered a -2.31% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -2.31% in intraday trading to $15.89, hitting a weekly high. The stock’s 5-day price performance is 3.28%, and it has moved by 17.67% in 30 days. Based on these gigs, the overall price performance for the year is 43.63%. The short interest in Oscar Health Inc (NYSE:OSCR) is 19.07 million shares and it means that shorts have 4.59 day(s) to cover.
The consensus price target of analysts on Wall Street is $28, which implies an increase of 43.25% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $28 and $28 respectively. As a result, OSCR is trading at a discount of -76.21% off the target high and -76.21% off the low.
Oscar Health Inc (OSCR) estimates and forecasts
Statistics show that Oscar Health Inc has outperformed its competitors in share price, compared to the industry in which it operates. Oscar Health Inc (OSCR) shares have gone up 1.89% during the last six months, with a year-to-date growth rate more than the industry average at 99.18% against 9.60. In the rating firms’ projections, revenue will increase 57.84% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 2.47B as predicted by 6 analyst(s). Meanwhile, a consensus of 4 analyst(s) estimates revenue growth to 2.79B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 1.43B and 2.14B respectively. In this case, analysts expect current quarter sales to grow by 72.68% and then jump by 30.31% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -2.85%. While earnings are projected to return 106.62% in 2025.
OSCR Dividends
Oscar Health Inc is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Oscar Health Inc (NYSE:OSCR)’s Major holders
Oscar Health Inc insiders own 3.08% of total outstanding shares while institutional holders control 90.07%, with the float percentage being 92.92%. VANGUARD GROUP INC is the largest shareholder of the company, while 385.0 institutions own stock in it. As of 2024-06-30, the company held over 17.38 million shares (or 7.5114% of all shares), a total value of $275.03 million in shares.
The next largest institutional holding, with 14.18 million shares, is of BLACKROCK INC.’s that is approximately 6.1246% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $224.25 million.
Also, the Mutual Funds coming in first place with the largest holdings of Oscar Health Inc (OSCR) shares are Vanguard Total Stock Market Index Fund and Smallcap World Fund. Data provided on Sep 30, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 6.0 shares. This amounts to just over 2.83 percent of the company’s overall shares, with a $94.9 million market value. The same data shows that the other fund manager holds slightly less at 5.25, or about 2.48% of the stock, which is worth about $83.06 million.
