Media headlines about CorVel Corp. (NASDAQ:CRVL) have trended positive this week, Accern Sentiment reports. The research firm identifies negative and positive press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. CorVel Corp. earned a news sentiment score of 0.31 on Accern’s scale. Accern also assigned news coverage about the business services provider an impact score of 45.7243015176587 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
CorVel Corp. (NASDAQ:CRVL) remained flat at $51.10 during trading on Friday. The stock had a trading volume of 33,965 shares. CorVel Corp. has a 52 week low of $31.00 and a 52 week high of $51.65. The company has a market capitalization of $958.38 million, a PE ratio of 32.18 and a beta of 0.78. The stock’s 50 day moving average is $48.59 and its 200 day moving average is $44.69.
CorVel Corp. (NASDAQ:CRVL) last issued its earnings results on Tuesday, August 1st. The business services provider reported $0.46 earnings per share (EPS) for the quarter. The firm had revenue of $137.61 million for the quarter. CorVel Corp. had a net margin of 5.83% and a return on equity of 21.72%. Equities research analysts anticipate that CorVel Corp. will post $2.56 earnings per share for the current fiscal year.
Separately, BidaskClub raised shares of CorVel Corp. from a “buy” rating to a “strong-buy” rating in a research report on Saturday.
In other news, insider Diane Blaha sold 1,000 shares of the company’s stock in a transaction that occurred on Wednesday, June 7th. The shares were sold at an average price of $47.26, for a total value of $47,260.00. Following the transaction, the insider now owns 4,576 shares in the company, valued at $216,261.76. The sale was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 50.96% of the company’s stock.
CorVel Corp. Company Profile
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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