CRVL - CorVel Stock

Market Summary

USD198.00+1.35

Market Closed

0.69%

CRVL Alerts

1 major insider sales recently.

CRVL Stock Price

CRVL RSI Chart

CRVL Valuation

Market Cap

3.4B

Price/Earnings (Trailing)

48.44

Price/Sales (Trailing)

4.59

EV/EBITDA

28.77

Price/Free Cashflow

51.07

CRVL Price/Sales (Trailing)

CRVL Profitability

EBT Margin

11.77%

Return on Equity

32.83%

Return on Assets

16.85%

Free Cashflow Yield

1.96%

CRVL Fundamentals

CRVL Revenue

Revenue (TTM)

732.5M

Revenue Y/Y

7.91%

Revenue Q/Q

2.59%

CRVL Earnings

Earnings (TTM)

69.5M

Earnings Y/Y

18.66%

Earnings Q/Q

9%

Price Action

52 Week Range

135.81228.94

(Low)(High)

Last 7 days

3.1%

Last 30 days

-10.0%

Last 90 days

1.6%

Trailing 12 Months

40.8%

CRVL Financial Health

Current Ratio

1.45

CRVL Investor Care

Buy Backs (1Y)

2.24%

Diluted EPS (TTM)

3.97

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Get all data in R, Python etc through our Historical Stock Data APIs

Latest Insider Trading transactions for CRVL

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2023-09-15	CLEMONS V GORDON	sold	-1,000,080	200	-5,000	chairman of the board
2023-08-31	CLEMONS V GORDON	sold	-224,620	220	-1,021	chairman of the board
2023-08-30	CLEMONS V GORDON	sold	-215,380	220	-979	chairman of the board
2023-08-29	CLEMONS V GORDON	sold	-216,000	216	-1,000	chairman of the board
2023-08-24	CLEMONS V GORDON	sold	-220,000	220	-1,000	chairman of the board
2023-08-15	Shishin Maxim	sold	-527,107	224	-2,346	chief information officer
2023-08-15	Shishin Maxim	acquired	139,165	59.32	2,346	chief information officer
2023-08-15	HAMERSLAG STEVEN J	sold	-1,784,910	223	-8,000	-
2023-08-14	CLEMONS V GORDON	sold	-662,138	220	-3,000	chairman of the board
2023-08-11	CLEMONS V GORDON	sold	-440,000	220	-2,000	chairman of the board

Which funds bought or sold CRVL recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-09-20	BARCLAYS PLC	added	8.13	85,000	929,000	-%
2023-08-23	WOLVERINE TRADING, LLC	sold off	-100	-241,000	-	-%
2023-08-22	COMERICA BANK	new	-	3,000	3,000	-%
2023-08-21	OSAIC HOLDINGS, INC.	unchanged	-	556	33,282	-%
2023-08-21	TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY	added	5.95	39,000	555,000	-%
2023-08-21	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-3.34	-37,555	2,168,360	-%
2023-08-16	GTS SECURITIES LLC	new	-	201,433	201,433	0.01%
2023-08-16	Nuveen Asset Management, LLC	added	2.7	299,558	7,056,560	-%
2023-08-15	ALLIANCEBERNSTEIN L.P.	unchanged	-	38,447	2,310,390	-%
2023-08-15	LAZARD ASSET MANAGEMENT LLC	reduced	-87.72	-66,000	9,000	-%

Latest Funds Activity

Are funds buying CRVL calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own CRVL

No. of Funds

CRVL Alerts

1 major insider sales recently.

Schedule 13G FIlings of CorVel

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2023	clemons v gordon	7.74%	1,330,534	SC 13G/A
Feb 14, 2023	corstar holdings, inc.	37.3%	6,414,036	SC 13G/A
Feb 14, 2023	kayne anderson rudnick investment management llc	11.01%	1,901,500	SC 13G/A
Feb 13, 2023	renaissance technologies llc	4.33%	744,610	SC 13G/A
Feb 09, 2023	vanguard group inc	6.41%	1,106,807	SC 13G/A
Jan 25, 2023	blackrock inc.	8.7%	1,507,366	SC 13G/A
Feb 14, 2022	kayne anderson rudnick investment management llc	11.27%	1,997,505	SC 13G/A
Feb 14, 2022	clemons v gordon	7.87%	1,389,837	SC 13G/A
Feb 11, 2022	renaissance technologies llc	5.11%	902,210	SC 13G/A
Feb 10, 2022	corstar holdings, inc.	36.8%	6,494,036	SC 13G/A

Recent SEC filings of CorVel

View All Filings

Date Filed	Form Type	Document
Sep 19, 2023	4	Insider Trading
Aug 31, 2023	4	Insider Trading
Aug 28, 2023	4	Insider Trading
Aug 21, 2023	144	Notice of Insider Sale Intent
Aug 17, 2023	4	Insider Trading
Aug 17, 2023	4/A	Insider Trading
Aug 15, 2023	4	Insider Trading
Aug 15, 2023	8-K	Current Report
Aug 15, 2023	4	Insider Trading
Aug 15, 2023	144	Notice of Insider Sale Intent

Peers (Alternatives to CorVel)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
UNH	467.4B	348.5B	2.58%	-0.25%	22.14	1.34	13.69%	15.63%
CI	91.1B	186.1B	1.20%	2.75%	13.64	1.92	3.72%	22.38%
HUM	65.7B	98.7B	2.37%	-0.92%	23.41	0.71	10.45%	7.48%
CNC	37.6B	147.9B	9.82%	-11.33%	13.86	0.25	7.12%	45.86%
MID-CAP
HQY	6.3B	937.9M	7.27%	5.79%	487.64	6.67	17.97%	120.64%
LHCG	5.2B	2.3B	3.17%	35.63%	86.23	2.28	2.85%	-58.05%
CRVL	3.4B	732.5M	-10.01%	40.81%	48.44	4.59	9.34%	4.86%
AMN	3.2B	4.4B	-5.13%	-20.02%	10.13	0.74	-16.06%	-30.43%
PDCO	2.8B	6.5B	-3.58%	23.39%	13.3	0.44	1.83%	10.70%
SMALL-CAP
RDNT	1.9B	1.5B	-14.60%	38.53%	-147.84	1.25	12.20%	-155.34%
ADUS	1.4B	999.1M	-4.77%	-10.44%	25.66	1.38	10.42%	21.37%
BKD	779.3M	3.0B	-1.19%	-3.50%	-7.56	0.26	11.66%	-12.20%

CorVel News

Returns for CRVL

Cumulative Returns on CRVL

17.8%

10-Year Cumulative Returns

26.3%

7-Year Cumulative Returns

26.7%

5-Year Cumulative Returns

32.3%

3-Year Cumulative Returns

Risks for CRVL

What is the probability of a big loss on CRVL?

44.6%

Probability that CorVel stock will be more than 20% underwater in next one year

30%

Probability that CorVel stock will be more than 30% underwater in next one year.

17.7%

Probability that CorVel stock will be more than 40% underwater in next one year.

*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does CRVL drawdown profile look like?

Y-axis is the maximum loss one would have experienced if CorVel was unfortunately bought at previous high price.

Drawdowns

Financials for CorVel

Income Statement (Last 12 Months)
(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Last 12 Months)																					(In Millions)
Description	(%) Q/Q	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3	2018Q2
Revenue	1.9%	733	719	704	690	670	646	620	597	576	553	554	561	572	592	596	594	595	596	588	583	571
Gross Profit	1.3%	160	158	159	154	155	152	145	140	134	124	119	117	119	126	128	128	127	125	119	116	110
S&GA Expenses	-3.0%	71.00	74.00	71.00	71.00	70.00	68.00	67.00	67.00	66.00	64.00	64.00	64.00	65.00	65.00	66.00	65.00	63.00	63.00	62.00	62.00	61.00
EBITDA	-100.0%	-	110	113	108	109	108	101	98.00	92.00	83.00	78.00	69.00	74.00	83.00	85.00	-	-	-	-	-	-
EBITDA Margin	-100.0%	-	0.15*	0.16*	0.16*	0.16*	0.17*	0.16*	0.16*	0.16*	0.15*	0.14*	0.12*	0.13*	0.14*	0.14*	-	-	-	-	-	-
Earnings Before Taxes	5.0%	89.00	85.00	88.00	84.00	85.00	85.00	78.00	74.00	69.00	59.00	55.00	53.00	54.00	61.00	62.00	63.00	63.00	62.00	57.00	53.00	49.00
EBT Margin	-100.0%	-	0.12*	0.13*	0.12*	0.13*	0.13*	0.13*	0.12*	0.12*	0.11*	0.10*	0.09*	0.09*	0.10*	0.10*	-	-	-	-	-	-
Net Income	4.7%	69.00	66.00	68.00	65.00	66.00	66.00	62.00	59.00	55.00	46.00	43.00	41.00	42.00	47.00	47.00	48.00	48.00	47.00	44.00	43.00	39.00
Net Income Margin	-100.0%	-	0.09*	0.10*	0.09*	0.10*	0.10*	0.10*	0.10*	0.10*	0.08*	0.08*	0.07*	0.07*	0.08*	0.08*	-	-	-	-	-	-
Free Cashflow	-100.0%	-	56.00	56.00	40.00	51.00	37.00	49.00	68.00	73.00	77.00	70.00	52.00	42.00	48.00	44.00	-	-	-	-	-	-

Balance Sheet
(In Millions)

Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3	2018Q2
Assets	6.0%	418	394	408	400	416	415	424	425	422	425	458	442	425	416	422	427	428	318	314	310	291
Current Assets	9.9%	268	244	257	248	261	265	269	272	267	269	259	242	224	209	211	219	222	215	210	204	183
Cash Equivalents	21.4%	87.00	71.00	78.00	76.00	94.00	98.00	116	131	139	140	129	106	94.00	83.00	90.00	98.00	104	92.00	96.00	90.00	73.00
Net PPE	1.8%	84.00	83.00	82.00	83.00	84.00	76.00	71.00	70.00	71.00	71.00	72.00	72.00	74.00	76.00	77.00	72.00	68.00	62.00	63.00	65.00	67.00
Goodwill	0%	37.00	37.00	37.00	37.00	37.00	37.00	37.00	37.00	37.00	37.00	37.00	37.00	37.00	37.00	37.00	37.00	37.00	37.00	37.00	37.00	37.00
Liabilities	9.8%	211	192	213	202	210	203	209	201	193	204	248	239	227	227	229	226	224	123	121	120	109
Current Liabilities	11.8%	188	168	186	176	181	171	171	163	152	162	159	149	139	134	136	133	131	117	117	116	105
Shareholder's Equity	2.4%	207	202	195	198	206	212	215	224	230	220	210	202	198	190	193	201	204	195	192	190	182
Retained Earnings	2.7%	751	732	713	697	682	665	646	632	616	599	584	573	561	553	541	531	519	505	493	483	470
Additional Paid-In Capital	1.3%	221	219	211	208	205	202	199	196	192	186	180	176	171	169	166	164	161	156	153	149	146
Shares Outstanding	-0.3%	17.00	17.00	17.00	17.00	18.00	18.00	18.00	18.00	18.00	18.00	18.00	18.00	18.00	18.00	18.00	18.00	19.00	19.00	19.00	19.00	19.00

Cashflow (Last 12 Months)
(In Millions)

Cashflow (Last 12 Months)																					(In Millions)
Description	(%) Q/Q	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3	2018Q2
Cashflow From Operations	8.0%	89.00	82.00	86.00	72.00	83.00	67.00	71.00	90.00	93.00	94.00	88.00	74.00	70.00	81.00	77.00	76.00	82.00	79.00	80.00	80.00	64.00
Share Based Compensation	-1.2%	5.00	6.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	4.00	4.00	4.00	4.00	5.00	5.00	4.00	4.00	4.00	4.00	3.00
Cashflow From Investing	12.7%	-22.99	-26.32	-30.54	-31.60	-31.74	-29.82	-22.39	-21.92	-20.10	-17.24	-17.91	-21.75	-27.94	-32.36	-32.71	-26.34	-20.33	-15.27	-21.66	-22.73	-25.36
Cashflow From Financing	10.4%	-73.62	-82.14	-93.30	-95.63	-95.40	-79.61	-61.91	-43.15	-28.78	-20.64	-31.19	-43.98	-52.25	-56.96	-51.18	-42.35	-30.77	-27.42	-15.63	-5.42	0.00
Buy Backs	-9.5%	85.00	94.00	100	103	103	90.00	76.00	58.00	44.00	33.00	40.00	52.00	59.00	66.00	60.00	52.00	41.00	35.00	23.00	11.00	3.00

CRVL Income Statement

2023-06-30

Consolidated Income Statements - Unaudited - USD ($)	3 Months Ended
Consolidated Income Statements - Unaudited - USD ($)	Jun. 30, 2023	Jun. 30, 2022
Income Statement [Abstract]
REVENUES	$ 190,253,000	$ 176,307,000
Cost of revenues	148,375,000	136,438,000
Gross profit	41,878,000	39,869,000
General and administrative expenses	16,450,000	18,671,000
Income before income tax provision	25,428,000	21,198,000
Income tax provision	5,623,000	4,507,000
NET INCOME	$ 19,805,000	$ 16,691,000
Net income per common and common equivalent share
Basic	$ 1.16	$ 0.95
Diluted	$ 1.14	$ 0.94
Weighted average common and common equivalent shares
Basic	17,144,000	17,506,000
Diluted	17,385,000	17,803,000

CRVL Balance Sheet

2023-06-30

Consolidated Balance Sheets - USD ($)	Jun. 30, 2023	Mar. 31, 2023
Current Assets
Cash and cash equivalents	$ 86,593,000	$ 71,329,000
Customer deposits	84,755,000	80,022,000
Accounts receivable, net	84,176,000	81,034,000
Prepaid taxes and expenses	12,426,000	11,385,000
Total current assets	267,950,000	243,770,000
Property and equipment, net	84,276,000	82,770,000
Goodwill	36,814,000	36,814,000
Other intangibles, net	1,139,000	1,244,000
Right-of-use asset, net	26,119,000	27,721,000
Deferred tax asset, net	552,000	224,000
Other assets	723,000	1,380,000
TOTAL ASSETS	417,573,000	393,923,000
Current Liabilities
Accounts and taxes payable	20,419,000	15,309,000
Accrued liabilities	167,312,000	152,578,000
Total current liabilities	187,731,000	167,887,000
Long-term lease liabilities	22,862,000	23,860,000
Total liabilities	210,593,000	191,747,000
Commitments and contingencies
Stockholders' Equity
Common stock, $.0001 par value: 120,000,000 shares authorized at June 30, 2023 and March 31, 2023; 55,019,773 shares issued (17,113,915 shares outstanding, net of Treasury shares) and 54,987,366 shares issued (17,169,500 shares outstanding, net of Treasury shares) at June 30, 2023 and March 31, 2023, respectively	3,000	3,000
Paid-in capital	221,486,000	218,700,000
Treasury stock (37,905,858 shares at June 30, 2023 and 37,817,866 shares at March 31, 2023)	(765,982,000)	(748,195,000)
Retained earnings	751,473,000	731,668,000
Total stockholders' equity	206,980,000	202,176,000
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 417,573,000	$ 393,923,000

About CorVel

Michael G. Combs

www.corvel.com

3680

CorVel Corporation provides workers' compensation, auto, liability, and health solutions for 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. 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 offers network solutions services, including automated medical fee auditing, preferred provider management and reimbursement services, retrospective utilization review, facility claim review, professional review, pharmacy services, directed care services, Medicare solutions, clearinghouse services, independent medical examinations, and inpatient medical bill review. It also 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 was incorporated in 1987 and is headquartered in Fort Worth, Texas.

Market Summary

CRVL Alerts

CRVL Stock Price

CRVL RSI Chart

CRVL Valuation

CRVL Price/Sales (Trailing)

CRVL Profitability

CRVL Fundamentals

CRVL Revenue

CRVL Earnings

Price Action

52 Week Range

CRVL Financial Health

CRVL Investor Care

Historical Charts for Stock Metrics

Latest Insider Trading transactions for CRVL

Which funds bought or sold CRVL recently?

Latest Funds Activity

CRVL Alerts

Schedule 13G FIlings of CorVel

Recent SEC filings of CorVel

Peers (Alternatives to CorVel)

CorVel News

Returns for CRVL

Cumulative Returns on CRVL

Risks for CRVL

What is the probability of a big loss on CRVL?

How does CRVL drawdown profile look like?

Financials for CorVel

Income Statement (Last 12 Months).css-zgnqz2{margin:0;font-family:"Roboto","Helvetica","Arial",sans-serif;font-weight:400;font-size:0.75rem;line-height:1.66;letter-spacing:0.03333em;color:#595959;}(In Millions)

Balance Sheet(In Millions)

Cashflow (Last 12 Months)(In Millions)

CRVL Income Statement

CRVL Balance Sheet

About CorVel

Income Statement (Last 12 Months)
(In Millions)

Balance Sheet
(In Millions)

Cashflow (Last 12 Months)
(In Millions)