Home Sectors Financial Services Up or Down: CorVel Corp. (NASDAQ: CRVL)

Up or Down: CorVel Corp. (NASDAQ: CRVL)


CorVel Corp. trades as part of the brokers and exchanges industry and financial services sector. The company CEO is V. Gordon Clemons. CorVel Corp provides case management, claims administration, and medical bill review services to payors to administer, manage and control the cost of workers compensation and other healthcare benefits.

Previous Intraday Trading Performance:

The CRVL stock showed a previous change of -0.86% with an open at 57.74 and a close of 57.38. It reached an intraday high of 58.39 and a low of 57.04.

SeekingAlpha:  CorVel Corp (CRVL) CEO Victor Clemons on Q1 2019 Results – Earnings Call Transcript


The stock has a market cap of $1.1b with 18.9m shares outstanding, of which the float is 16.4m shares. Trading volume reached 37,480 shares compared to its average volume of 38,868 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, CorVel Corp. shares returned -0.59% and in the past 30 trading days it returned -4.05%. Over three months, it changed 0.93%. In one year it has changed -0.64% and within that year its 52-week high was 61.20 and its 52-week low was 46.45. CRVL stock is 23.53% above its 52 Week Low.

Our calculations show a 200 day moving average of 53.65 and a 50 day moving average of 58.68. Currently CRVL stock is trading 6.96% above its 200 day moving average.

SeekingAlpha:  CorVel gains after fiscal Q1 net income surges 34%


The last annual fiscal EPS for the company was reported at 1.86 that ended on 31st of March 2018, which according to the previous close, that is a PE of 30.85. The TTM EPS is 0.00, which comes to a TTM PE of 0.00.

The following are the last four quarter reported earnings per share:
06-30-2018:  0.62
03-31-2018:  0.47
12-31-2017:  0.50
09-30-2017:  0.44

Base on our calculations, the intrinsic value per share is 30.08, which means it may be overvalued by -90.75%

Indicators to Watch:

Based on the latest filings, there is 12.80% of insider ownership and 83.50% of institutional ownership. Short-interest is 76,633, which is 0.41% of shares outstanding. The short-interest ratio or days-to-cover ratio is 2.15. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 0.57

SeekingAlpha:  CorVel reports Q1 results

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 24.15%, return on assets is 14.56%, profit margin is 6.97%, price-to-sales is 2.51 and price-to-book is 6.25.

Company Scores:

All scores are out of six:
 0  :Valuation Score
 4  :Past Performance Score
 6  :Financial Strength Score
 1  :Future Growth Score
 0  :Dividend Score
 2  :Overall Score

John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.