Oscar Health Inc (NYSE:OSCR) traded at $17.56 at close of the session on Friday, April 26, made a downward move of -1.84% on its previous day’s price.
Looking at the stock we see that its previous close was $17.89 . In terms of its 52-week price range, OSCR has a high of $18.55 and a low of $4.72. The company’s stock has gained about 23.57% over that past 30 days.
Oscar Health Inc has a market cap of $4.16 billion. Estimates by analysts give the company expected earnings per share (EPS) of $0.27, with the EPS growth for the year raised at -$0.16 for 2024 and $0.39 for next year. These figures represent 86.90% and 343.80% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $2.01 billion, with a low of $1.96 billion and a high of $2.05 billion. The median projection represents growth squeezing down to 75.50% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2024 is expected to hit $8.33 billion, or 42.20% up from figures reported last year.
On the other hand, looking at the outlook for the OSCR stock, short term indicators assign the stock an average of 100% Buy, while medium term indicators assign it an average of 100% Buy. Long term indicators on average place the stock in the category of 100% Buy.
Looking further, we note the current price level is 14.44% off its SMA20 and 14.80% from its 50-day simple moving average. The RSI (14) is pointing at 67.30 while the volatility over the past week is 5.69% and jumps to 6.16% over the past one month. The beta value is 1.64, while the average true range (ATR) is currently pointing at 0.93.
Coming back to Oscar Health Inc (NYSE:OSCR), we note that the average 3-month trading volume was 3.14 million. Current shares outstanding are 193.87 million.
The insiders hold 37.22% of the company’s shares while institutions hold 44.94%. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 91.91% up in year-to-date price movement.
