Oscar Health, Inc. is a health insurance company, which has built a full stack technology platform focused on serving its members. It offers individual and family, and small group plans, and +Oscar, its full stack technology platform, to others within the provider and payor space. Its individual market primarily consists of policies purchased by individuals and families through health insurance marketplaces. The small group market consists of employees of companies with up to 50 full-time workers in various states and up to 100 full-time workers in select states. It offers health plans in the individual market on exchange and off-exchange under the five metal plan categories, such as catastrophic, bronze, silver, gold, and platinum. These plans differ based on the size of the monthly premium and the level of sharing of medical costs between Oscar and its members. Oscar brings insurance products to the market to meet various healthcare needs of consumers.
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 25.43M.%!(EXTRA int=2)
Undervalued
The company’s latest PE is -27.50, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 200.36M shares, decreasing 14.95% quarter-over-quarter.
Held by The Vanguard
Star Investor The Vanguard holds 19.70M shares of this stock.
Lower Market Activity
The company has less investor interest, with a 20-day turnover ratio of 1.65.