How to Buy Oscar Health Stock
Oscar Health Inc
Oscar Health is a healthcare plan company located in New York, United States, which is part of the Healthcare sector, and is traded under the ticker OSCR on the NYSE exchange.
Oscar Health stock last closed at $17.89, up 1.71% from the previous day, and has increased 210.05% in one year. It has overperformed other stocks in the Healthcare Plans industry by 2.07 percentage points. Oscar Health stock is currently +279.03% from its 52-week low of $4.72, and -3.56% from its 52-week high of $18.55.
At the moment, there are 229.73M OSCR shares outstanding. The market capitalization of OSCR is $4.11B. In the past 24 hours, 3.65M OSCR shares were traded.
How to Buy Oscar Health Stock
Wondering how to invest in Oscar Health stock? Here's how.
- Decide where to buy Oscar Health stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you decide where to buy Oscar Health stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit money your investment account: Select your method of payment and add your info.
- Research Oscar Health stock: The Oscar Health ticker symbol is OSCR. Is Oscar Health stock a good investment? Should you buy shares of OSCR? How do OSCR's underlying business fundamentals look? Do top analysts think Oscar Health is a good buy? Why has OSCR's stock price moved recently? (Hint: Our stock market research website can help you understand if OSCR is a good stock to buy).
- Make your OSCR buy order: Decide if you will purchase OSCR shares at the current market price or use a limit order to purchase OSCR stock at a particular price.
- Get key alerts regarding your OSCR position: Create a watchlist to keep track of your position in Oscar Health stock.
Step 1: Decide where to buy Oscar Health stock
You will need an online brokerage account to access the NYSE market and buy OSCR stock.
Our recommended brokerage: eToro
Based on our experience, eToro is the best stock brokerage. Here's why:
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Get $10 towards your share purchase by signing up for an account with eToro today.
Open eToro AccountStep 2: Open your brokerage account
Now that you've picked the right brokerage, it's time to fill out some personal info so you can invest in OSCR today.
How to Set Up a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to open your new brokerage account.
- Submit your application by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you've finished signing up on the best stock market app for beginners, your next step is to transfer the money for your investment:
Watch the video below to see the process of transferring money into your brokerage account.
Step 4: Research Oscar Health stock
Once you have chosen the best place to buy Oscar Health stock, it's critical to research their stock before you buy, so you truly wrap your head around the risk as well as the opportunity.
Oscar Health shares data
Fundamentals of OSCR
WallStreetZen was created to help part-time investors do more in-depth fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on OSCR's stock page.
Is OSCR stock undervalued?
You can use many financial metrics, analyses, models, and charts to gauge OSCR's fair value.
Using relative valuations measures:
- OSCR could be overvalued based on its P/B ratio of 5.11x, relative to Healthcare Plans industry P/B ratio of 2.93x
You can access additional valuation analysis on OSCR's stock here.
How do OSCR Financials look?
Positive Financial Indicators:
- OSCR profit margin has gone up from -15.3% to -4.6% in the past year.
- OSCR has $2.56B in cash and short term investments. This is sufficient to cover its annual cash burn of $297.74M.
- OSCR has cash burn of 297736000. It has sufficient cash and short-term investments to cover this for at least one year.
- There are more short-term assets than short-term liabilities on the OSCR balance sheet.
- There are more short-term assets than long-term liabilities on the OSCR balance sheet.
Negative Financial Indicators:
- OSCR has a relatively high debt to equity ratio of 3.48.
Is OSCR stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 4 Wall Street analysts who give forecasts on OSCR, the consensus analyst rating on Oscar Health is a Strong Buy
It's important to note that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dig deeper into what analysts are projecting on the Oscar Health stock forecast page.
OSCR Technicals
Is OSCR Growing Revenue?
Last year, OSCR revenue was $5.86B. Over the last 4 year, OSCR's revenue has grown by 86.16% per year. This was faster than the Healthcare Plans industry average of 14.65%.
You can analyze OSCR's earnings and revenue performance here.
Who is buying/selling OSCR?
In the last 12 months, insiders at OSCR have sold more shares than they have bought.
Richard Scott Blackley, Chief Financial Officer of OSCR, was the latest OSCR insider to sell. They sold $381,847.16 worth of OSCR shares on Mar 6, 2024.
Research more about who owns OSCR stock here.
Does OSCR stock generate passive income?
No, Oscar Health doesn't provide an income stream by paying out dividends.
Get opinions from other investors
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Make your OSCR buy order
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally the easiest way to buy. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a specific price, use a limit order.
Hit the Open Trade button and eToro will execute the order.
If you want additional help buying stocks on eToro, watch the how to video below:
Step 6: Get key alerts regarding your OSCR position
Now that you own some OSCR shares, you'll want to stay up-to-date on your new shares.
Put OSCR on a watchlist to get the latest updates about your OSCR stock.
OSCR Feed
How to Buy Stock in Oscar Health
To reiterate, here are the 6 steps you need to take to buy Oscar Health stock right now:
- Decide where to buy Oscar Health stock
- Open your brokerage account
- Deposit money your investment account
- Research Oscar Health stock
- Make your OSCR buy order
- Get key alerts regarding your OSCR position
If you require a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to get the latest scoop on your investment in Oscar Health, create a watchlist on WallStreetZen today.
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