The Finance group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Oscar Health, Inc. (OSCR) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out. Oscar Health, Inc. is a member of our Finance group, which includes 862 different companies and currently sits at #5 in the Zacks Secto ...

Shares of the company witnessed a loss of 14.89% over the previous month, trailing the performance of the Finance sector with its loss of 1.05% and the S&P 500's gain of 3.82%. OSCR's full-year Zacks Consensus Estimates are calling for earnings of -$0.06 per share and revenue of $8.7 billion. These results would represent year-over-year changes of +95.08% and +48.38%, respectively. The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, val ...

Shares of the company have depreciated by 14.01% over the course of the past month, underperforming the Finance sector's loss of 4.28% and the S&P 500's gain of 5.11%. Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system. Oscar Health, Inc. (OSCR) closed at $16.59 in the latest trading session, marking a +1.22% mo ...

Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. Has Oscar Health, Inc. (OSCR) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out. The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnin ...

Oscar Health reportedly aims to expand its presence in the employer market by providing more affordable health plans for small- and medium-sized businesses (SMBs). Oscar Health CEO Mark Bertolini told CNBC that increasing transparency on pharmacy benefits is crucial in holding down costs for employers and patients. By implementing plan designs and underwriting the group, Oscar Health aims to ensure that employees are enrolled in the most suitable plans. Bertolini's experience as the former CEO of Aetna has ...

It's not a new concept. When Affordable Care Act exchanges launched 10 years ago, analysts predicted employers would abandon the complexities of buying group coverage and adopt individual coverage health reimbursement arrangements, or ICHRAs, giving workers cash to buy their own ACA plans. Mark Bertolini has helped Oscar Health move toward profitability, after taking over as CEO of the health insurer a year ago. Now, he says the company's next phase of growth and profitability will focus on tapping into the ...

Core Insights - Oscar Health is planning to double its market footprint over the next three years, focusing on individual health insurance under the Affordable Care Act and new coverage options for workers and employers [1][2] Expansion Plans - The company aims to expand to over 150 metropolitan statistical areas, effectively doubling its current market presence [2] - Oscar is targeting an increase in market share from 13% in 2024 to approximately 18% by 2027 through new health insurance products [4] Financial Performance - Oscar reported a first-quarter profit of $177.4 million, marking a significant turnaround as the company had not been profitable since its founding in 2012 [3] Market Opportunities - The potential customer base for Oscar is expected to grow from 10 million to 20 million by 2027, with a focus on the gig economy, which comprises about 58 million independent workers [5] Product Strategy - Oscar will discontinue small group policies after December 2024, shifting focus to individual coverage health reimbursement arrangements (ICHRAs) [6] - ICHRAs are designed to provide defined non-taxed reimbursements for qualified medical expenses, appealing to small and mid-sized businesses [6]

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Oscar Health, Inc. (OSCR) . Are you wondering why? The vested interest of brokerage firms in a ...

Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time. Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead of their future growth potential. In such a situation, inves ...

Have you been paying attention to shares of Oscar Health, Inc. (OSCR) ? Shares have been on the move with the stock up 46.8% over the past month. The stock hit a new 52-week high of $22.68 in the previous session. Oscar Health, Inc. has gained 136.5% since the start of the year compared to the 3.7% move for the Zacks Finance sector and the 13% return for the Zacks Insurance - Multi line industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it hasn't ...