A share price of Oscar Health Inc [OSCR] is currently trading at $17.04, up 6.97%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The OSCR shares have gain 6.90% over the last week, with a monthly amount drifted -17.40%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Oscar Health Inc [NYSE: OSCR] stock has seen the most recent analyst activity on October 07, 2024, when UBS initiated its Neutral rating and assigned the stock a price target of $23. Previously, Piper Sandler started tracking the stock with Overweight rating on June 26, 2024, and set its price target to $25. On May 30, 2024, Robert W. Baird initiated with a Outperform rating and assigned a price target of $28 on the stock. BofA Securities downgraded its rating to a Neutral and decreased its price target to $21 on May 30, 2024. Raymond James initiated its recommendation with a Outperform and recommended $20 as its price target on March 22, 2024. BofA Securities upgraded its rating to Buy for this stock on November 02, 2023, and upped its price target to $9. In a note dated June 06, 2023, BofA Securities upgraded an Neutral rating on this stock and boosted its target price from $5.40 to $8.75.
Oscar Health Inc experienced fluctuations in its stock price throughout the past year between $4.72 and $23.79. 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 $17.04 at the most recent close of the market. An investor can expect a potential return of 18.54% 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.26.
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 16.06 points at the first support level, and at 15.08 for the second support level. However, for the 1st resistance point, the stock is sitting at 17.61, and for the 2nd resistance point, it is at 18.18.
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 0.57, the price to book ratio is 3.62.
Transactions by insiders
Recent insider trading involved Quane Alessandrea C., EVP, Chief Insurance Officer, that happened on Sep 06 ’24 when 16793.0 shares were sold. Chief Financial Officer, Blackley Richard Scott completed a deal on Sep 06 ’24 to sell 29957.0 shares. Meanwhile, Chief Financial Officer Blackley Richard Scott sold 68978.0 shares on Sep 03 ’24.
