Oscar Health, Inc provides health insurance products and services in the United States.
infoOscar Health is a small cap stock with a total market cap of 1.54B.
infoThey trade on the NYSE and had their IPO 2 years and 5 months ago.
infoOscar Health currently employs 2714 people.
infoAs of Wednesday, Aug 23 2023, Oscar Health’s share price is $6.85.
News Relating to Oscar Health
The Motley Fool
Why Oscar Health Stock Was Trouncing the Market Today
Wednesday Aug 09 2023 at 15:23
The next-generation health insurance provider published its second-quarter results. These crushed prognosticator estimates on both the top and bottom lines.
Seeking Alpha
Oscar Health, Inc. (OSCR) Q2 2023 Earnings Call Transcript
Tuesday Aug 08 2023 at 22:59
Oscar Health, Inc. (NYSE:OSCR ) Q2 2023 Earnings Conference Call August 8, 2023 5:00 PM ET Company Participants Cornelia Miller – VP, IR Mark Bertolini – CEO & Director Siddhartha Sankaran – Interim CFO & Director Conference Call Participants Stephen Baxter – Wells Fargo Securities Jonathan Yong – Crédit Suisse Michael Ha – Morgan Stanley Gary Taylor – TD Cowen Joshua Raskin – Nephron Research Nathan Rich – Goldman Sachs Group Kevin Fischbeck – Bank of America Merrill Lynch Operator Good afternoon. My name is Abby, and I will be your conference operator today.
Forbes
Oscar Health Reports A Loss And Fewer Members Despite Operating In A Robust Obamacare Market
Tuesday Aug 08 2023 at 16:50
Oscar Health Tuesday reported a quarterly loss of $15 million thanks in part to tens of thousands of fewer sales of individual health insurance policies.
Business Wire
Oscar Health, Inc. 2023 Second Quarter Conference Call
Friday Jul 07 2023 at 08:30
NEW YORK–(BUSINESS WIRE)–Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), the first health insurance company built on a full stack technology platform, will release its second quarter 2023 financial results after market close on Tuesday, August 8, 2023. Management will review these results in a conference call beginning at 5:00 PM (ET). The call-in number and webcast link are as follows: Live Call: (877) 400-4403 Conference ID: 6577079 Webcast Link The call will be archived and available on Oscar’s.
Seeking Alpha
Oscar Health: High Growth And Improving Profitability Make It A Buy
Wednesday Jun 14 2023 at 23:34
Oscar Health has been growing exceptionally quickly, continuing to grow revenues at over 50% y/y even though it is now generating more than $1B in quarterly revenue. It also put a new CEO in place last quarter, a longtime executive at Aetna who also did a stint at Bridgewater (hedge fund). The firm’s most recent quarter saw positive adjusted profitability for the first time as well as ongoing progress towards positive GAAP profits.
The Motley Fool
Why Shares of Oscar Health Soared This Week
Friday Jun 09 2023 at 12:26
Oscar Health offers health plans to individuals and groups and has Medicare Advantage plans. Institutional buyers help drive the stock’s shares higher.
Seeking Alpha
Oscar Health, Inc. (OSCR) Q1 2023 Earnings Call Transcript
Tuesday May 09 2023 at 20:48
Oscar Health, Inc. (NYSE:OSCR ) Q1 2023 Earnings Call May 9, 2023 5:00 PM ET Company Participants Cornelia Miller – Vice President, Corporate Development and Investor Relations Mark T. Bertolini – Chief Executive Officer Sid Sankaran – Interim Chief Financial Officer Conference Call Participants Stephen Baxter – Wells Fargo Joshua Raskin – Nephron Michael Ha – Morgan Stanley Nathan Rich – Goldman Sachs Operator Good afternoon.
Zacks Investment Research
Oscar Health, Inc. (OSCR) Stock Jumps 56.3%: Will It Continue to Soar?
Wednesday Mar 29 2023 at 09:13
Oscar Health, Inc. (OSCR) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn’t suggest further strength down the road.
Yahoo Finance
‘We are valuable to the customer base,’ incoming Oscar Health CEO says
Tuesday Mar 28 2023 at 13:01
Fmr. Aetna exec and incoming Oscar Health CEO Mark Bertolini joins Yahoo Finance Live anchors to discuss taking the helm of Oscar Health, the plan for profitability, the trajectory for technology in the healthcare space, and the outlook for Oscar Health.
InvestorPlace
Why Is Oscar Health (OSCR) Stock Up 82% Today?
Tuesday Mar 28 2023 at 11:11
Oscar Health (NYSE: OSCR ) stock is heading higher on Tuesday after the healthcare company announced Mark Bertolini as its new CEO. That news has holders of OSCR stock excited today as Bertolini is a veteran in the healthcare field.
Yahoo Finance
Oscar Health names Mark Bertolini as new CEO, stock rises
Tuesday Mar 28 2023 at 10:22
Yahoo Finance’s Anjalee Khemlani joins the Live show to discuss the rise in stock for Oscar Health following news that former Aetna executive Mark Bertolini will become CEO.
CNBC Television
Oscar Health CEO shakeup: Mark Bertolini to take over April 3
Tuesday Mar 28 2023 at 09:13
Mark Bertolini, incoming Oscar Health CEO, and Mario Schlosser, co-founder and outgoing Oscar Health CEO, joins ‘Squawk Box’ to discuss why Schlosser decided to let go of executive control, Bertolini’s first plans when he takes over as CEO and more.
Market Watch
Oscar Health nabs former Aetna CEO Mark Bertolini for its top post
Tuesday Mar 28 2023 at 06:21
Former Aetna Inc. chief executive Mark Bertolini will take over as the CEO of Oscar Health Inc. OSCR, +6.85% , the Wall Street Journal reported Tuesday. Bertolini will take over from co-founder Mario Schlosser, who will stay on with the health insurer in the new role of president of technology.
The Motley Fool
Why Oscar Health Stock Was Flying High This Week
Friday Feb 17 2023 at 16:25
Encouraging 2023 guidance and a pair of analyst price target lifts pushed the shares higher.
Business Wire
Oscar Health, Inc. to Present at the Cowen 43rd Annual Health Care Conference
Wednesday Feb 15 2023 at 16:05
NEW YORK–(BUSINESS WIRE)–Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), the first health insurance company built on a full stack technology platform, today announced Co-Founder & CEO, Mario Schlosser, and CFO, Sid Sankaran, will present at the Cowen 43rd Annual Health Care Conference on Monday, March 6, 2023. Oscar is expected to present at approximately 10:30 AM ET through a virtual webcast.
The Motley Fool
Is Oscar Health a Good Stock to Buy Right Now?
Tuesday Feb 14 2023 at 05:17
Shares of the tech-enabled health insurance company have already doubled this year.
The Motley Fool
Why Oscar Health Stock Is Skyrocketing Today
Friday Feb 10 2023 at 11:23
Investors liked the health insurer’s latest quarterly update.
Seeking Alpha
Oscar Health, Inc. (OSCR) Q4 2022 Earnings Call Transcript
Thursday Feb 09 2023 at 22:45
Oscar Health, Inc. (NYSE:OSCR ) Q4 2022 Earnings Conference Call February 9, 2023 5:00 PM ET Company Participants Cornelia Miller – Vice President of Corporate Development and Investor Relations Mario Schlosser – Co-Founder and Chief Executive Officer Sid Sankaran – Chief Financial Officer Conference Call Participants Michael Ha – Morgan Stanley Jonathan Yong – Credit Suisse Gary Taylor – Cowen Kevin Fischbeck – Bank of America Josh Raskin – Nephron Research Nathan Rich – Goldman Sachs Stephen Baxter – Wells Fargo Operator Good afternoon. My name is Regina and I will be your conference operator today.
PYMNTS
Oscar Health Nearly Doubled Its Member Base in 2022
Thursday Feb 09 2023 at 22:37
The digital healthcare arena continues transforming healthcare delivery while broadening access for patients. This, as health technology company and insurance platform Oscar Health told investors on Thursday’s (Feb. 9) fourth quarter 2022 earnings call that its membership numbers for the year rose to a record total of 1,151,483.
Zacks Investment Research
Oscar Health, Inc. (OSCR) Reports Q4 Loss, Tops Revenue Estimates
Thursday Feb 09 2023 at 18:50
Oscar Health, Inc. (OSCR) delivered earnings and revenue surprises of -3.96% and 10.73%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Seeking Alpha
Oscar Health: Wait For Concrete Evidence The Business Can Turn Profitable
Wednesday Jan 18 2023 at 18:26
Oscar Health, Inc. has developed a product that may address the inefficiencies of the U.S. healthcare system. Oscar Health has multiple channels and strategies that it can tap on to expand its total addressable market.
Business Wire
Oscar Health, Inc. 2022 Fourth Quarter and Full Year Earnings Conference Call
Monday Jan 09 2023 at 16:30
NEW YORK–( BUSINESS WIRE )–Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), the first health insurance company built on a full stack technology platform, will release its fourth quarter 2022 and full year 2022 financial results after market close on Thursday, February 9, 2023.
Business Wire
Oscar Health, Inc. to Present at the 41st Annual J.P. Morgan Healthcare Conference
Thursday Dec 22 2022 at 16:05
NEW YORK–( BUSINESS WIRE )–Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), the first health insurance company built on a full stack technology platform, today announced that Co-Founder & CEO, Mario Schlosser, will present at the 41st Annual J.P. Morgan Healthcare Conference on Wednesday, January 11, 2023 at 5:15 PM PT (8:15 PM ET) in San Francisco, CA.
Seeking Alpha
Oscar Health Is Back On Track
Friday Nov 11 2022 at 08:52
Oscar Health has fallen over 67% YTD as a result of the microeconomic environment and loss of a large customer. However, its growth has sustained, and its key ratios have continued to sustain.
Seeking Alpha
Oscar Health, Inc. (OSCR) Q3 2022 Earnings Call Transcript
Wednesday Nov 09 2022 at 08:04
Oscar Health, Inc. (NYSE:OSCR ) Q3 2022 Earnings Conference Call November 8, 2022 5:00 PM ET Company Participants Cornelia Miller – Vice President, Corporate Development and Investor Relations Mario Schlosser – Co-Founder and Chief Executive Officer Scott Blackley – Chief Financial Officer Sid Sankaran – Interim Chief Financial Officer Conference Call Participants Connor Massari – Morgan Stanley Stephen Baxter – Wells Fargo Nathan Rich – Goldman Sachs Josh Raskin – Nephron Research Operator Good afternoon. My name is Josh and I will be your conference operator today.
Zacks Investment Research
Oscar Health, Inc. (OSCR) Reports Q3 Loss, Tops Revenue Estimates
Tuesday Nov 08 2022 at 18:48
Oscar Health, Inc. (OSCR) delivered earnings and revenue surprises of -19.74% and 5.08%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
Business Wire
Oscar Health, Inc. 2022 Third Quarter Conference Call
Friday Oct 14 2022 at 16:05
NEW YORK–(BUSINESS WIRE)–Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), the first health insurance company built on a full stack technology platform, will release its third quarter 2022 financial results after market close on Tuesday, November 8, 2022.
Seeking Alpha
Oscar Health: Improving Risk/Reward Profile To Watch
Monday Oct 03 2022 at 16:05
Oscar Health’s stock price has seen a precipitous decline, yet the company’s financial performance continues to be strong on key metrics. Oscar Health has demographic and technological tailwinds that can drive the growth in users and optimize efficiencies for the business.
Business Wire
Oscar Health, Inc. Announces Participation at Upcoming Conferences
Thursday Sep 01 2022 at 16:05
NEW YORK–(BUSINESS WIRE)–Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), the first health insurance company built on a full stack technology platform, today announced Co-Founder & CEO, Mario Schlosser, and CFO, Scott Blackley, are scheduled to present and provide a business update at the 2022 Wells Fargo Healthcare Conference on Thursday, September 8, 2022. Senior management is also scheduled to present and provide a business update at the 20th Annual Morgan Stanley Global Healthcare Conferenc
Seeking Alpha
Oscar Health, Inc. (OSCR) CEO Mario Schlosser on Q2 2022 Results – Earnings Call Transcript
Thursday Aug 11 2022 at 23:34
Oscar Health, Inc. (NYSE:OSCR ) Q2 2022 Earnings Conference Call August 11, 2022 5:00 PM ET Company Participants Cornelia Miller – Vice President of Corporate Development & Investor Relations Mario Schlosser – Co-Founder & Chief Executive Officer Scott Blackley – Chief Financial Officer Conference Call Participants Michael Hall – Morgan Stanley Stephen Baxter – Wells Fargo Securities Jonathan Yong – Credit Suisse Kevin Fischbeck – Bank of America Josh Raskin – Nephron Research Lindsay Golub – Goldman Sachs Operator Good afternoon. My name is Christian and I will be your conference operator today.
Oscar Health Bankruptcy Risk
The Altman Z-score is a formula that measures a company’s financial health and bankruptcy risk. It assigns a numerical score based on various financial ratios. The Z-score is divided into different zones. If the Z-score is above 2.99, it indicates a lower bankruptcy risk, classifying the company as ‘safe’ or ‘non-distressed’. If the score falls below 1.81, it suggests a higher risk, indicating potential financial distress or bankruptcy. The range between 1.81 and 2.99 is called the ‘gray zone’ or zone of ambiguity.
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Oscar Health’s Altman Z-score is -1.14 which is in the distress zone. This indicates a higher risk of financial distress and potential bankruptcy for the company. It can serve as a warning sign of significant financial challenges, requiring careful consideration by potential investors.
Derived from SEC.GOV filing dataopen_in_new
Oscar Health Insider Trading
Insider trading is when individuals employed by a company buy or sell its securities following legal procedures and regulations. Company executives, directors, and employees may be permitted to buy or sell shares if they follow specific rules, such as filing a Form 4 with the SEC within two business days.
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Over the last 3 months, 1 insider has sold $52.53M of common stock in Oscar Health on the stock market with no insider buying.
Derived from SEC.GOV filing dataopen_in_new
Debt & Income Analysis
Income quality measures a company’s operating cash flow to net income ratio. It helps investors and analysts assess the sustainability of a company’s earnings. A high QIR indicates strong cash flows, while a low QIR may indicate non-operating activities driving net income.
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Oscar Health’s Income Quality of 0.05 is lower than its Industry Group of 1.7 (-97.1% lower)
Oscar Health’s Income Quality of 0.05 is lower than its Major Industry Group of 1.32 (-96.2% lower)
Oscar Health’s Income Quality of 0.05 is lower than its Sector of 0.58 (-91.4% lower)
Derived from SEC.GOV filing dataopen_in_new
Current ratio measures a company’s ability to pay off short-term debt with its current assets (assets that a company expects to use up or convert to cash within a year). It represents the $ amount of current assets a company has for every $1 of short-term debt. A high current ratio above 1.0 indicates that a company can meet its short-term obligations, while a low current ratio below 1.0 suggests difficulty.
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Oscar Health’s Current Ratio of 1.29 is in line with its Industry Group of 1.29
Oscar Health’s Current Ratio of 1.29 is lower than its Major Industry Group of 10.3 (-87.5% lower)
Oscar Health’s Current Ratio of 1.29 is in line with its Sector of 1.3 (-0.8% lower)
Derived from SEC.GOV filing dataopen_in_new
Value Analysis
PE ratio (price-to-earnings), measures a company’s stock price relative to its earnings per share. It helps investors evaluate whether its stock is overvalued or undervalued. A higher PE ratio indicates that investors are willing to pay more for a company’s earnings, while a lower PE ratio (above zero) suggests the company could be undervalued.
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Cannot compare a negative PE Ratio (-3.24 & 10.34)
Cannot compare a negative PE Ratio (-3.24 & 7.67)
Cannot compare a negative PE Ratio (-3.24 & 7.86)
Derived from SEC.GOV filing dataopen_in_new
The PB ratio (price-to-book), measures a company’s stock price relative to its book value (net value of a company’s assets reported on its balance sheet, after subtracting debt) per share. It is used to evaluate a company’s valuation, with a lower PB ratio (above zero) indicating a lower valuation and a higher PB ratio suggesting overvaluation.
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Oscar Health’s PB Ratio of 1.62 is lower than its Industry Group of 1.87 (-13.4% lower)
Oscar Health’s PB Ratio of 1.62 is greater than its Major Industry Group of 0.63 (157.1% greater)
Oscar Health’s PB Ratio of 1.62 is greater than its Sector of 0.72 (125.0% greater)
Derived from SEC.GOV filing dataopen_in_new
Efficiency Analysis
ROE (Return on Equity), is a financial ratio that measures a company’s profitability relative to its shareholders’ equity (the amount of value in a company that belongs to the people who own shares). It indicates how efficiently a company generates profits per unit of equity invested. A high ROE suggests effective use of equity, while a low ROE indicates inefficiency.
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Oscar Health’s ROE of -0.5 is lower than its Industry Group of 0.11 (-554.5% lower)
Oscar Health’s ROE of -0.5 is lower than its Major Industry Group of 0.02 (-2600.0% lower)
Oscar Health’s ROE of -0.5 is lower than its Sector of 0.04 (-1350.0% lower)
Derived from SEC.GOV filing dataopen_in_new
ROCE (Return on Capital Employed), is a financial ratio that measures a company’s profitability relative to the amount of capital invested in its operations. It indicates how well a company is generating profits from its capital investments. A high ROCE suggests effective use of capital, while a low ROCE indicates inefficiency.
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Oscar Health’s ROCE of -0.34 is lower than its Industry Group of 0.02 (-1800.0% lower)
Oscar Health’s ROCE of -0.34 is lower than its Major Industry Group of 0.01 (-3500.0% lower)
Oscar Health’s ROCE of -0.34 is lower than its Sector of 0.02 (-1800.0% lower)
Derived from SEC.GOV filing dataopen_in_new