Oscar Health Inc [NYSE: OSCR] stock went on a downward path that fall over -5.62% on Thursday, amounting to a one-week price decrease of less than -3.11%.
Over the last 12 months, OSCR stock rose by 215.79%. The one-year Oscar Health Inc stock forecast points to a potential upside of 37.45. The average equity rating for OSCR stock is currently 1.86, trading closer to a bullish pattern in the stock market.
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The market cap for the stock reached $4.06 billion, with 193.87 million shares outstanding and 173.22 million shares in the current float. Compared to the average trading volume of 2.89M shares, OSCR stock reached a trading volume of 2682360 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Oscar Health Inc [OSCR]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for OSCR shares is $26.86 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on OSCR stock is a recommendation set at 1.86. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
UBS have made an estimate for Oscar Health Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on October 07, 2024. While these analysts kept the previous recommendation, Piper Sandler raised their target price to Overweight. The new note on the price target was released on June 26, 2024, representing the official price target for Oscar Health Inc stock. Previously, the target price had yet another raise to $28, while Robert W. Baird analysts kept a Outperform rating on OSCR stock. On May 30, 2024, analysts decreased their price target for OSCR shares from 25 to 21.
The Average True Range (ATR) for Oscar Health Inc is set at 1.09, with the Price to Sales ratio for OSCR stock in the period of the last 12 months amounting to 0.56. The Price to Book ratio for the last quarter was 3.57. Price to Free Cash Flow for OSCR in the course of the last twelve months was 16.06.
OSCR Stock Performance Analysis:
Oscar Health Inc [OSCR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.11. With this latest performance, OSCR shares dropped by -25.66% in over the last four-week period, additionally plugging by 2.13% over the last 6 months – not to mention a rise of 215.79% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for OSCR stock in for the last two-week period is set at 36.16, with the RSI for the last a single of trading hit 30.99, and the three-weeks RSI is set at 40.27 for Oscar Health Inc [OSCR]. The present Moving Average for the last 50 days of trading for this stock 19.04, while it was recorded at 17.51 for the last single week of trading, and 16.88 for the last 200 days.
Insight into Oscar Health Inc Fundamentals:
Oscar Health Inc’s liquidity data is similarly interesting compelling, with a Current Ratio set at 0.96.
OSCR Stock EPS
With the latest financial reports released by the company, Oscar Health Inc posted -0.29/share EPS, while the average EPS was predicted by analysts to be reported at -0.47/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.18. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for OSCR. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Oscar Health Inc go to 71.00%.
Oscar Health Inc [OSCR] Institutonal Ownership Details
There are presently around $84.72%, or 87.17%% of OSCR stock, in the hands of institutional investors. The top three institutional holders of OSCR stocks are: VANGUARD GROUP INC with ownership of 17.38 million shares, which is approximately 7.5114%. BLACKROCK INC., holding 14.18 million shares of the stock with an approximate value of $$224.25 million in OSCR stocks shares; and BLACKROCK INC., currently with $$201.33 million in OSCR stock with ownership which is approximately 5.4985%.
