Oscar Health Inc (NYSE:OSCR) price closed on Monday, March 25, remained unchanged from its previous close.
A look at the daily price movement shows that the last close reads $13.50. The company’s 5Y monthly beta was ticking 1.82. Taking into account the 52-week price action we note that the stock hit a 52-week high of $18.55 and 52-week low of $3.22. The stock subtracted -17.38% on its value in the past month.
Oscar Health Inc, which has a market valuation of $3.10 billion, is expected to release its quarterly earnings report May 07, 2024 – May 13, 2024. Analysts tracking OSCR have forecast the quarterly EPS to grow by 0.27 per share this quarter, while the same analysts predict the annual EPS to hit -$0.11 for the year 2024 and up to $0.39 for 2025. In this case, analysts estimate an annual EPS growth of 91.00% for the year and 454.50% for the next year.
On average, analysts have forecast the company’s revenue for the quarter will hit $2.01 billion, with the likely lows of $1.96 billion and highs of $2.05 billion. The average estimate suggests sales growth for the quarter will likely rise by 75.50% when compared to those recorded in the same quarter in the last financial year. Staying with the analyst view, there is a consensus estimate of $8.33 billion for the company’s annual revenue in 2024. Per this projection, the revenue is forecast to grow 42.20% above that which the company brought in 2024.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give OSCR a short term outlook of 50% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Buy, while an average of long term indicators are currently assigning the stock as 100% Buy.
The overview shows that OSCR’s price is at present -8.73% off the SMA20 and -5.60% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 40.59, with weekly volatility standing at 4.35%. The indicator jumps to 5.47% when calculated based on the past 30 days. Oscar Health Inc (NYSE:OSCR)’s beta value is holding at 1.78, while the average true range (ATR) indicator is currently reading 0.79.
An analysis of the Oscar Health Inc (NYSE:OSCR) stock in terms of its daily trading volume indicates that the 3-month average is 3.36 million.
Current records show that the company has 193.87M in outstanding shares. The insiders’ percentage holdings are 36.81% of outstanding shares while the percentage share held by institutions stands at 45.89%. But the 47.54% upside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
