Oscar Health, Inc. is a healthcare technology company built around a full stack technology platform. The Company's offerings include its insurance business and +Oscar Platform. Its health plans are offered in the individual market. The individual market primarily consists of policies purchased by individuals and families through health insurance marketplaces, established by the ACA and operated by the federal government, as well as other marketplaces operated by individual states. Individuals and families may also purchase policies in the individual market off-exchange. Employees whose employers have chosen to offer an Individual Coverage Health Reimbursement Arrangement (ICHRA) are also able to purchase its health plans. It offers health plans in the individual market under the five metal plan categories defined by the ACA: Catastrophic, Bronze, Silver, Gold, and Platinum. Through the +Oscar platform, the Company deploys its technology to help others throughout the healthcare system.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 131.54% year-on-year.
Turnaround to Profit
The company's performance has turned profitable, with the latest annual net income of USD .
Undervalued
The company’s latest PE is -14.35, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 162.72M shares, decreasing 28.13% quarter-over-quarter.
Held by Invesco
Star Investor Invesco holds 157.76K shares of this stock.
Lower Market Activity
The company has less investor interest, with a 20-day turnover ratio of 1.65.