Oscar Health, Inc. (OSCR) Stock Drops Despite Market Gains: Important Facts to Note

Market Performance - Oscar Health, Inc (OSCR) closed at $15 65, with a -1 57% movement compared to the previous day, lagging behind the S&P 500's 0 88% gain, the Dow's 1 24% gain, and the Nasdaq's 0 65% gain [1] - Over the past month, OSCR shares gained 16 91%, outperforming the Finance sector's 3 25% gain and the S&P 500's 1 17% gain [1] Earnings and Revenue Expectations - The company is expected to report earnings on February 4, 2025, with an EPS of -$ 0 58, up 12 12% from the prior-year quarter [2] - Revenue is expected to be $2 46 billion, a 71 91% increase compared to the year-ago quarter [2] Analyst Estimates and Revisions - Recent adjustments to analyst estimates reflect shifting short-term business dynamics, with positive revisions indicating optimism about the company's business and profitability [3] - Estimate revisions are directly related to near-term stock moves, and the Zacks Rank model considers these changes to provide actionable ratings [4] Valuation Metrics - OSCR currently has a Forward P/E ratio of 20 78, indicating a premium compared to its industry's Forward P/E of 9 74 [6] - The company's PEG ratio is 0 64, lower than the Insurance - Multi line industry average of 1 05, suggesting potential undervaluation relative to earnings growth [7] Industry Ranking - The Insurance - Multi line industry, part of the Finance sector, has a Zacks Industry Rank of 142, placing it in the bottom 44% of all industries [7] - The top 50% of industries outperform the bottom half by a factor of 2 to 1, based on the Zacks Industry Rank [8]