Why Oscar Health, Inc. (OSCR) Outpaced the Stock Market Today

Group 1 - Oscar Health, Inc. (OSCR) closed at $14.19, reflecting a +1.65% change from the previous day's closing price, outperforming the S&P 500's 0.16% gain [1] - Over the past month, Oscar Health's shares have decreased by 8.58%, which is worse than the Finance sector's loss of 0.19% and the S&P 500's loss of 3.59% [1] Group 2 - The upcoming earnings report for Oscar Health is expected to show an EPS of$ 0.83, a 33.87% increase year-over-year, with revenue anticipated at $2.8 billion, a 30.75% rise compared to the same quarter last year [2] - For the full year, earnings are projected at$ 0.69 per share and revenue at $11.04 billion, indicating increases of +590% and +20.34% respectively from the previous year [3] Group 3 - Recent revisions to analyst forecasts for Oscar Health are important as they reflect short-term business trends and can indicate analyst optimism regarding the company's profitability [4] - The Zacks Rank system, which incorporates estimate changes, currently rates Oscar Health at 3 (Hold), with the consensus EPS estimate remaining unchanged over the last 30 days [6] Group 4 - Oscar Health has a Forward P/E ratio of 20.23, which is significantly higher than the industry average of 10.24, indicating that the company is trading at a premium compared to its peers [7] - The Insurance - Multi line industry, to which Oscar Health belongs, holds a Zacks Industry Rank of 39, placing it in the top 16% of over 250 industries [7]