A share price of Oscar Health Inc [OSCR] is currently trading at $18.30, up 2.75%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The OSCR shares have gain 3.27% over the last week, with a monthly amount glided 1.33%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Oscar Health Inc [NYSE: OSCR] stock has seen the most recent analyst activity on June 26, 2024, when Piper Sandler initiated its Overweight rating and assigned the stock a price target of $25. Previously, Robert W. Baird started tracking the stock with Outperform rating on May 30, 2024, and set its price target to $28. On May 30, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $21 on the stock. Raymond James started tracking the stock assigning a Outperform rating and suggested a price target of $20 on March 22, 2024. BofA Securities upgraded its rating to a Buy and raised its price target to $9 on November 02, 2023. BofA Securities upgraded its rating to Neutral for this stock on June 06, 2023, and upped its price target to $8.75. In a note dated November 16, 2022, Wells Fargo upgraded an Overweight rating on this stock but restated the target price of $4.
Oscar Health Inc experienced fluctuations in its stock price throughout the past year between $4.72 and $23.44. Currently, Wall Street analysts expect the stock to reach $20.2 within the next 12 months. Oscar Health Inc [NYSE: OSCR] shares were valued at $18.30 at the most recent close of the market. An investor can expect a potential return of 10.38% based on the average OSCR price forecast.
Analyzing the OSCR fundamentals
Trailing Twelve Months sales for Oscar Health Inc [NYSE:OSCR] were 7.23B which represents 45.86% growth. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.01%, Pretax Profit Margin comes in at 0.0%, and Net Profit Margin reading is 0.0%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.02 and Total Capital is 0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.26.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 17.93 points at the first support level, and at 17.56 for the second support level. However, for the 1st resistance point, the stock is sitting at 18.57, and for the 2nd resistance point, it is at 18.84.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Oscar Health Inc [NYSE:OSCR] is 0.96. Considering the valuation of this stock, the price to sales ratio is 0.61, the price to book ratio is 3.89.
Transactions by insiders
Recent insider trading involved Quane Alessandrea C., EVP, Chief Insurance Officer, that happened on Jun 06 ’24 when 16793.0 shares were sold. Chief Financial Officer, Blackley Richard Scott completed a deal on Jun 06 ’24 to sell 29978.0 shares. Meanwhile, EVP, Chief Insurance Officer Quane Alessandrea C. sold 25550.0 shares on Jun 03 ’24.
