CorVel is an insurance brokers business based in the US. CorVel shares (CRVL) are listed on the NASDAQ and all prices are listed in US Dollars. CorVel employs 4,870 staff and has a trailing 12-month revenue of around $816.8 million.
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| Latest market close | $305.19 |
|---|---|
| 52-week range | $187.92 - $323.34 |
| 50-day moving average | $288.45 |
| 200-day moving average | $252.45 |
| Wall St. target price | N/A |
| PE ratio | 70.958 |
| Dividend yield | N/A (0%) |
| Earnings per share (TTM) | $4.52 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Historical closes compared with the close of $305.19 from 2024-09-06
| 1 week (2024-08-30) | -4.85% |
|---|---|
| 1 month (2024-08-07) | 5.64% |
| 3 months (2024-06-07) | 30.14% |
| 6 months (2024-03-07) | 30.59% |
| 1 year (2023-09-07) | 49.27% |
|---|---|
| 2 years (2022-09-03) | N/A |
| 3 years (2021-09-07) | 82.41% |
| 5 years (2019-09-06) | 262.80% |
Valuing CorVel stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of CorVel's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
CorVel's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 71x. In other words, CorVel shares trade at around 71x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
CorVel's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $124.3 million.
The EBITDA is a measure of a CorVel's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $816.8 million |
|---|---|
| Operating margin TTM | 13.24% |
| Gross profit TTM | $152.1 million |
| Return on assets TTM | 13.51% |
| Return on equity TTM | 33.14% |
| Profit margin | 9.55% |
| Book value | $15.41 |
| Market Capitalization | $5.5 billion |
TTM: trailing 12 months
We're not expecting CorVel to pay a dividend over the next 12 months.
CorVel's shares were split on a 2:1 basis on 26 June 2013. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your CorVel shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for CorVel shares which in turn could have impacted CorVel's share price.
Over the last 12 months, CorVel's shares have ranged in value from as little as $187.9154 up to $323.3391. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while CorVel's is 1.087. This would suggest that CorVel's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
CorVel Corporation provides workers' compensation, auto, liability, and health solutions. It applies technology, including artificial intelligence, machine learning, and natural language processing to enhance the managing of episodes of care and the related health care costs. The company also offers network solutions services, including automated medical fee auditing, preferred provider management and reimbursement, retrospective utilization review, facility claim review, professional review, pharmacy, directed care, clearinghouse, independent medical examination, and inpatient medical bill review services, as well as Medicare solutions. In addition, it provides a range of patient management services, such as claims management, case management, 24/7 nurse triage, utilization management, vocational rehabilitation, and life care planning, as well as processing of claims for self-insured payors with respect to property and casualty insurance. The company offers solutions to employers, third party administrators, insurance companies, and government agencies to assist them in managing the medical costs and monitoring the quality of care associated with healthcare claims. CorVel Corporation was incorporated in 1987 and is based in Fort Worth, Texas. .
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