Oscar Health (OSCR) to Release Quarterly Earnings on Wednesday

Oscar Health (NYSE:OSCR) is projected to post its Q1 2025 quarterly earnings results before the market opens on Wednesday, May 7th. Analysts expect Oscar Health to post earnings of $0.83 per share and revenue of $2.87 billion for the quarter. Oscar Health has set its FY 2025 guidance at EPS.

Oscar Health (NYSE:OSCR) last issued its earnings results on Tuesday, February 4th. The company reported ($0.62) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.55) by ($0.07). Oscar Health had a return on equity of 2.28% and a net margin of 0.28%. On average, analysts expect Oscar Health to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Oscar Health Stock Performance

Shares of NYSE:OSCR opened at $12.99 on Tuesday. The stock has a market capitalization of $3.25 billion, a price-to-earnings ratio of -648.93 and a beta of 1.75. The business’s fifty day moving average price is $13.25 and its two-hundred day moving average price is $14.62. Oscar Health has a fifty-two week low of $11.20 and a fifty-two week high of $23.79. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.73 and a quick ratio of 0.73.

Analyst Ratings Changes

Separately, Wells Fargo & Company lowered shares of Oscar Health from an “overweight” rating to an “equal weight” rating and dropped their price objective for the stock from $20.00 to $16.00 in a report on Thursday, March 13th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Oscar Health presently has a consensus rating of “Hold” and a consensus target price of $20.21.

Hedge Funds Weigh In On Oscar Health

A hedge fund recently raised its stake in Oscar Health stock. Thrive Capital Management LLC lifted its holdings in shares of Oscar Health, Inc. (NYSE:OSCR) by 33.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,343,617 shares of the company’s stock after buying an additional 1,588,395 shares during the period. Oscar Health comprises 38.3% of Thrive Capital Management LLC’s holdings, making the stock its 2nd largest position. Thrive Capital Management LLC owned approximately 2.53% of Oscar Health worth $85,258,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 75.70% of the company’s stock.

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.