Oscar(OSCR) ZACKS·2025-04-30 23:05Company Overview - Oscar Health, Inc. (OSCR) closed at 0.83, indicating a 33.87% increase from the same quarter last year [2] - The consensus estimate anticipates revenue of 0.69 per share and revenue of $11.04 billion, showing changes of +590% and +20.34% respectively from the preceding year [3] Analyst Projections - Recent shifts in analyst projections for Oscar Health should be monitored, as they often indicate changing near-term business trends [4] - Upbeat changes in estimates suggest a favorable outlook on the company's business health and profitability [4] Stock Performance Correlation - Empirical research indicates that revisions in estimates correlate directly with impending stock price performance [5] - The Zacks Rank system, which integrates estimate changes, provides a functional rating system for stocks [5] Zacks Rank and Valuation - Oscar Health currently holds a Zacks Rank of 3 (Hold), with the consensus EPS projection remaining stagnant over the past 30 days [6] - The company is trading at a Forward P/E ratio of 19.06, which is a premium compared to its industry's average Forward P/E of 9.18 [7] Industry Context - The Insurance - Multi line industry, part of the Finance sector, holds a Zacks Industry Rank of 40, placing it in the top 17% of all 250+ industries [7] - The Zacks Industry Rank assesses the strength of industry groups by calculating the average Zacks Rank of individual stocks within those groups [8]