Currently, Oscar Health Inc [OSCR] is trading at $15.44, up 14.54%. 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 13.20% over the last week, with a monthly amount drifted -13.26%, 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 November 06, 2024, when BofA Securities downgraded its rating to a Underperform and also revised its price target to $13.50 from $21. Previously, UBS started tracking the stock with Neutral rating on October 07, 2024, and set its price target to $23. On June 26, 2024, Piper Sandler initiated with a Overweight rating and assigned a price target of $25 on the stock. Robert W. Baird started tracking the stock assigning a Outperform rating and suggested a price target of $28 on May 30, 2024. BofA Securities downgraded its rating to a Neutral and reduced its price target to $21 on May 30, 2024. Raymond James started tracking with a Outperform rating for this stock on March 22, 2024, and assigned it a price target of $20. In a note dated November 02, 2023, BofA Securities upgraded an Buy rating on this stock and boosted its target price from $8 to $9.
This stock has fluctuated between a low of $6.93 and a high of $23.79 over the last 52 weeks. 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 $15.44 at the most recent close of the market. An investor can expect a potential return of 30.83% based on the average OSCR price forecast.
Analyzing the OSCR fundamentals
Trailing Twelve Months sales for Oscar Health Inc [NYSE:OSCR] were 8.22B which represents 68.30% 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 0.01, Equity is 0.03 and Total Capital is -0.06. 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 14.57 points at the first support level, and at 13.69 for the second support level. However, for the 1st resistance point, the stock is sitting at 16.56, and for the 2nd resistance point, it is at 17.67.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Oscar Health Inc [NYSE:OSCR] is 0.78. Considering the valuation of this stock, the price to sales ratio is 0.46, the price to book ratio is 3.28.
Transactions by insiders
Recent insider trading involved Kushner Joshua, Co-Founder and Vice Chairman, that happened on Nov 12 ’24 when 0.42 million shares were purchased. Co-Founder and Vice Chairman, Kushner Joshua completed a deal on Nov 13 ’24 to buy 0.36 million shares. Meanwhile, Co-Founder and Vice Chairman Kushner Joshua bought 0.28 million shares on Nov 11 ’24.
