Corvel Stock Analysis

CRVL -  USA Stock  

USD 177.67  3.39  1.95%

The small pull down in market price for the last few months could raise concerns from stakeholders as the firm it trading at a share price of 177.67 on 33,727 in volume. The company directors and management did not add much value to Corvel Cp investors in December. However, diversifying your holdings with Corvel Cp or similar stocks can still protect your portfolio during high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 2.27. The current volatility is consistent with the ongoing market swings in December 2021 as well as with Corvel Cp unsystematic, company-specific events.
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Corvel Stock Analysis 

 
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The Corvel Cp stock analysis report makes it easy to digest most publicly released information about Corvel Cp and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Corvel Stock analysis module also helps to analyze the Corvel Cp price relationship with some important fundamental indicators such as market cap and management efficiency.

Corvel Stock Analysis Notes

About 48.0% of the company shares are held by company insiders. The company had not issued any dividends in recent years. Corvel Cp had 2:1 split on the 27th of June 2013. 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. The company was incorporated in 1987 and is headquartered in Fort Worth, Texas. Corvel Cp operates under Insurance Brokers classification in the United States and is traded on NASDAQ Exchange. It employs 3681 people. For more info on Corvel Cp please contact Gordon Clemons at 817 390-1416 or go to www.corvel.com.

Corvel Cp Quarterly Cost of Revenue

121.08 MillionShare

Corvel Cp Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Corvel Cp's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Corvel Cp or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Corvel Cp generated a negative expected return over the last 90 days
Corvel Cp is unlikely to experience financial distress in the next 2 years
About 48.0% of the company shares are held by company insiders

Corvel Cp Upcoming and Recent Events

Earnings reports are used by Corvel Cp to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Corvel Cp previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report1st of February 2022
Next Fiscal Quarter End31st of December 2021

Corvel Cp SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Corvel Cp prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Corvel Cp investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Corvel Cp specific information freely available to individual and institutional investors to make a timely investment decision.
1st of November 2021
Financial Statements and Exhibits. Results of Operations and Financial Condition
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11th of August 2021
Financial Statements and Exhibits. Submission of Matters to a Vote of Security Holders. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
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2nd of August 2021
Financial Statements and Exhibits. Results of Operations and Financial Condition
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12th of July 2021
Unclassified Corporate Event
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26th of May 2021
Financial Statements and Exhibits. Results of Operations and Financial Condition
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Corvel Market Capitalization

The company currently falls under 'Mid-Cap' category with current market capitalization of 3.15 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Corvel Cp's market, we take the total number of its shares issued and multiply it by Corvel Cp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Corvel Profitablity

Corvel Cp's profitability indicators refer to fundamental financial ratios that showcase Corvel Cp's ability to generate income relative to its revenue or operating costs. If, let's say, Corvel Cp is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Corvel Cp's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Corvel Cp's profitability requires more research than a typical breakdown of Corvel Cp's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 9.89 %, which can signify that it executes well on its competitive strategies and has good control over its expenditures. This is very large. Similarly, it shows Operating Margin (OM) of 12.37 %, which suggests for every 100 dollars of sales, it generated a net operating income of 0.12.
Last ReportedProjected for 2022
Return on Investment 33.19  38.86 
Return on Average Assets 0.1  0.11 
Return on Average Equity 0.20  0.21 
Return on Invested Capital 0.46  0.47 
Return on Sales 0.1  0.09 

Management Efficiency

The entity has return on total asset (ROA) of 10.66 % which means that it generated profit of $10.66 on every $100 spent on asset. This is normal as compared to the sector avarege. Similarly, it shows return on stockholders equity (ROE) of 27.74 %, meaning that it created $27.74 on every $100 dollars invested by stockholders. Corvel Cp management efficiency ratios could be used to measure how well corvel cp manages its routine affairs as well as how well it operates its assets and liabilities. Corvel Cp Return on Investment is relatively stable at the moment as compared to the past year. The company's current value of Return on Investment is estimated at 38.86. Return on Average Assets is expected to hike to 0.11 this year, although the value of Return on Sales will most likely fall to 0.09. Corvel Cp Asset Turnover is relatively stable at the moment as compared to the past year. The company's current value of Asset Turnover is estimated at 1.49. Return on Average Assets is expected to hike to 0.11 this year, although the value of Current Assets will most likely fall to nearly 246.9 M.
Last ReportedProjected for 2022
Book Value per Share 14.14  11.77 
Enterprise Value over EBIT 33.35  27.14 
Enterprise Value over EBITDA 24.13  19.62 
Price to Book Value 9.57  8.51 
Tangible Assets Book Value per Share 24.75  26.70 
Enterprise ValueB2.2 B
Tangible Asset Value443.7 M358.8 M

Technical Drivers

As of the 26th of January, Corvel Cp shows the Downside Deviation of 2.63, mean deviation of 1.61, and Risk Adjusted Performance of 0.0211. Corvel Cp technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate and analyze data for nineteen technical drivers for Corvel Cp, which can be compared to its rivals. Please confirm Corvel Cp standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and expected short fall to decide if Corvel Cp is priced correctly, providing market reflects its regular price of 177.67 per share. Given that Corvel Cp has jensen alpha of 0.106, we suggest you to validate Corvel Cp's prevailing market performance to make sure the company can sustain itself at a future point.

Corvel Cp Price Movement Analysis

The output start index for this execution was one with a total number of output elements of sixty. The Simple Moving Average indicator is calculated by adding the closing price of Corvel Cp for a given number of time periods and then dividing this total by the number of time periods. It is used to smooth out Corvel Cp short-term fluctuations and highlight longer-term trends or cycles. View also all equity analysis or get more info about simple moving average overlap studies indicator.

Corvel Cp Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Corvel Cp insiders, such as employees or executives, is commonly permitted as long as it does not rely on Corvel Cp's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Corvel Cp insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Corvel Cp Technical and Predictive Indicators

Corvel Cp Forecast Models

Corvel Cp time-series forecasting models is one of many Corvel Cp's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Corvel Cp's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

About Corvel Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Corvel Cp stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Corvel shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual stock such as Corvel Cp. By using and applying Corvel Stock analysis, traders can create a robust methodology for identifying Corvel entry and exit points for their positions.
Last ReportedProjected for 2022
Operating Margin 12.31  12.39 
EBITDA Margin 0.17  0.17 
Gross Margin 0.22  0.20 
Profit Margin 0.1  0.09 
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. The company was incorporated in 1987 and is headquartered in Fort Worth, Texas. Corvel Cp operates under Insurance Brokers classification in the United States and is traded on NASDAQ Exchange. It employs 3681 people.

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Corvel Cp to your portfolios without increasing risk or reducing expected return.

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Continue to Trending Equities. Note that the Corvel Cp information on this page should be used as a complementary analysis to other Corvel Cp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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When running Corvel Cp price analysis, check to measure Corvel Cp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Corvel Cp is operating at the current time. Most of Corvel Cp's value examination focuses on studying past and present price action to predict the probability of Corvel Cp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Corvel Cp's price. Additionally, you may evaluate how the addition of Corvel Cp to your portfolios can decrease your overall portfolio volatility.
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Is Corvel Cp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Corvel Cp. If investors know Corvel will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Corvel Cp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Corvel Cp is measured differently than its book value, which is the value of Corvel that is recorded on the company's balance sheet. Investors also form their own opinion of Corvel Cp's value that differs from its market value or its book value, called intrinsic value, which is Corvel Cp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Corvel Cp's market value can be influenced by many factors that don't directly affect Corvel Cp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Corvel Cp's value and its price as these two are different measures arrived at by different means. Investors typically determine Corvel Cp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Corvel Cp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.