Oscar Health, Inc. (OSCR) Stock Sinks As Market Gains: Here's Why

Stock Performance - Oscar Health Inc ended the recent trading session at $16 28, showing a -0 12% change from the previous day's closing price [1] - The stock underperformed compared to the S&P 500 (0 92% gain), Dow (0 31% gain), and Nasdaq (2 03% gain) on the same day [1] - Over the past month, the company's shares gained 20 03%, outperforming the Finance sector (4 35% gain) and the S&P 500 (0 81% gain) [1] Earnings and Revenue Expectations - The company's upcoming earnings report is scheduled for February 4, 2025 [2] - Analysts expect Oscar Health Inc to post earnings of -$ 0 58 per share, representing a 12 12% year-over-year growth [2] - Revenue is projected to be $2 46 billion, indicating a 71 91% increase compared to the same quarter of the previous year [2] Analyst Estimates and Stock Performance - Recent changes in analyst estimates often reflect shifts in near-term business trends [3] - Positive revisions in estimates typically indicate analysts' confidence in the company's business performance and profit potential [3] - Adjustments in estimates are directly associated with imminent stock price performance [4] Valuation Metrics - Oscar Health Inc has a Forward P/E ratio of 21 31, which is higher than its industry's Forward P/E of 9 98 [6] - The company's PEG ratio is 0 65, lower than the industry average of 1 09 for Insurance - Multi line stocks [6] Industry Ranking - The Insurance - Multi line industry is part of the Finance sector and has a Zacks Industry Rank of 89, placing it in the top 36% of all industries [7] - The top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7] Zacks Rank System - Oscar Health Inc currently has a Zacks Rank of 3 (Hold) [5] - The Zacks Rank system, ranging from 1 (Strong Buy) to 5 (Strong Sell), has a strong track record, with 1 ranked stocks delivering an average annual return of +25% since 1988 [5]