Healthy Upside Potential: Corvel Corp (CRVL)

With 74528.0 shares changed hands, the volume of the stock remained lighter than its average volume of 0.12 million shares. During the session, the Insurance Brokers company that operates in wider Financial sector, reached to the highest price of $110.0391 whereas the lowest price it dropped to was $107.0708. The 52-week range on CRVL shows that it touched its highest point at $127.24 and its lowest point at $74.63 during that stretch. Beta for the stock currently stands at 1.16.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CRVL was down-trending over the past week, with a drop of -1.55%, but this was down by -6.80% over a month. Three-month performance surged to 5.06% while six-month performance rose 28.62%. The stock gained 42.23% in the past year, while it has lost -1.55% so far this year.

Float and Shares Shorts:

At present, 51.41 million CRVL shares are outstanding with a float of 28.57 million shares on hand for trading. On 2024-12-13, short shares totaled 1.17 million, which was 228.00000000000003 higher than short shares on 1731628800. In addition to Mr. Michael G. Combs as the firm’s President, CEO & Chairman, Mr. Brandon T. O’Brien serves as its Chief Financial Officer.

Institutional Ownership:

Through their ownership of 0.54502 of CRVL’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, CRVL reported revenue of $224380000.0 and operating income of $28670000.0. The EBITDA in the recently reported quarter was $36382000.0 and diluted EPS was $1.35.

Analysts Ratings:

In the same way, a target price assigned to a stock can also reveal much about its potential.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $2.14 being high and $1.34 being low. For CRVL, this leads to a yearly average estimate of $1.74.