CorVel (NASDAQ:CRVL) is set to issue its quarterly earnings data before the market opens on Tuesday, August 4th. Parties interested in listening to the company’s conference call can do so using this link.
CorVel (NASDAQ:CRVL) last issued its quarterly earnings data on Wednesday, May 27th. The business services provider reported $0.64 earnings per share (EPS) for the quarter. The business had revenue of $147.02 million during the quarter. CorVel had a return on equity of 24.06% and a net margin of 8.00%.
Shares of CRVL stock opened at $79.49 on Friday. The stock has a market cap of $1.43 billion, a PE ratio of 31.30 and a beta of 0.89. The business has a 50-day simple moving average of $72.65 and a 200-day simple moving average of $68.80. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.45. CorVel has a 52-week low of $44.67 and a 52-week high of $96.45.
In related news, Chairman V Gordon Clemons sold 1,000 shares of CorVel stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $65.21, for a total value of $65,210.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In the last 90 days, insiders sold 38,000 shares of company stock valued at $2,772,290. 50.38% of the stock is owned by company insiders.
Several brokerages recently weighed in on CRVL. BidaskClub upgraded CorVel from a “hold” rating to a “buy” rating in a research note on Tuesday, June 30th. TheStreet upgraded CorVel from a “c+” rating to a “b” rating in a research note on Thursday, June 25th.
CorVel Company Profile
CorVel Corporation provides workers' compensation solutions for employers, third party administrators, insurance companies, and government agencies seeking to control costs and promote positive outcomes. It applies technology, intelligence, and a human touch to the risk management process that enables its clients to intervene early and connected to the critical intelligence they need to proactively manage risk.
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