Oscar Health, Inc. (NYSE:OSCR) Receives $21.56 Consensus PT from Brokerages

Oscar Health, Inc. (NYSE:OSCR - Get Free Report) has been assigned an average recommendation of "Hold" from the nine ratings firms that are presently covering the firm, Marketbeat reports. Two research analysts have rated the stock with a sell recommendation, two have given a hold recommendation, four have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $21.56.

Separately, Jefferies Financial Group started coverage on Oscar Health in a report on Tuesday, December 10th. They set an "underperform" rating and a $12.00 price target for the company.

Institutional Investors Weigh In On Oscar Health

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. KBC Group NV lifted its holdings in Oscar Health by 41.2% in the 3rd quarter. KBC Group NV now owns 4,552 shares of the company's stock worth $97,000 after purchasing an additional 1,328 shares during the last quarter. Tower Research Capital LLC TRC increased its position in shares of Oscar Health by 171.4% during the fourth quarter. Tower Research Capital LLC TRC now owns 6,627 shares of the company's stock valued at $89,000 after purchasing an additional 4,185 shares during the period. ORG Wealth Partners LLC bought a new stake in shares of Oscar Health during the fourth quarter valued at approximately $100,000. Aigen Investment Management LP bought a new stake in Oscar Health in the third quarter valued at $205,000. Finally, Alberta Investment Management Corp bought a new stake in Oscar Health in the fourth quarter valued at $138,000. 75.70% of the stock is currently owned by institutional investors and hedge funds.

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Oscar Health Stock Up 2.4 %

NYSE:OSCR traded up $0.37 on Monday, hitting $15.99. 6,343,418 shares of the company's stock traded hands, compared to its average volume of 4,667,930. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 0.26. Oscar Health has a 1 year low of $12.43 and a 1 year high of $23.79. The firm has a 50-day moving average price of $15.17 and a 200-day moving average price of $16.50. The company has a market cap of $4.01 billion, a PE ratio of -799.25 and a beta of 1.75.

Oscar Health (NYSE:OSCR - Get Free Report) last released its earnings results on Tuesday, February 4th. The company reported ($0.62) earnings per share for the quarter, missing the consensus estimate of ($0.55) by ($0.07). Oscar Health had a net margin of 0.28% and a return on equity of 2.28%. Equities analysts anticipate that Oscar Health will post 0.69 EPS for the current fiscal year.

Oscar Health Company Profile

Oscar Health, Inc operates as a health insurance in the United States. The company offers health plans in individual and small group markets, as well as +Oscar, a technology driven platform that help providers and payors directly enable their shift to value-based care. It also provides reinsurance products.