CorVel Corp. (NASDAQ:CRVL) to Release Earnings on Monday
CorVel Corp. (NASDAQ:CRVL) last announced its earnings results on Thursday, June 1st. The business services provider reported $0.42 earnings per share for the quarter. CorVel Corp. had a return on equity of 20.75% and a net margin of 5.68%. The company had revenue of $133.61 million for the quarter. On average, analysts expect CorVel Corp. to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
CorVel Corp. (CRVL) opened at 47.75 on Monday. CorVel Corp. has a 52 week low of $31.00 and a 52 week high of $49.50. The firm has a 50 day moving average price of $47.64 and a 200 day moving average price of $43.02. The stock has a market capitalization of $895.50 million, a P/E ratio of 31.62 and a beta of 0.78.
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In related news, insider Diane Blaha sold 1,000 shares of the stock in a transaction that occurred on Wednesday, June 7th. The stock was sold at an average price of $47.26, for a total value of $47,260.00. Following the completion of the transaction, the insider now directly owns 4,576 shares of the company’s stock, valued at approximately $216,261.76. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 50.96% of the company’s stock.
About CorVel Corp.
CorVel Corporation (Corvel) is a provider of workers’ compensation solutions for employers, third party administrators, insurance companies and government agencies. The Company offers its services as a bundled solution, which includes claims management, as a standalone service, or as add-on services to existing customers.
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