CorVel (CRVL) AI Stock Analysis

• Market Cap: $5.29B
• Dividend Yield: N/A
• Average Volume (3M): 140.43K
• Price to Earnings (P/E): 56.2
• Beta (1Y): 0.77
• Revenue Growth: 12.61%
• EPS Growth: 24.78%
• Country: US
• Employees: 4,870
• Sector: Financial
• Sector Strength: 82
• Industry: Insurance - Brokers
• EPS (TTM): 0.51
• Shares Outstanding: 51,440,930
• 10 Day Avg. Volume: 184,252
• 30 Day Avg. Volume: 140,428
• PEG Ratio: 20.65
• Price to Book (P/B): 16.31
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 58.91
• Enterprise Value/Market Cap: 0.61
• Enterprise Value/Revenue: 0.98
• Enterprise Value/Gross Profit: 16.65
• Enterprise Value/Ebitda: 6.32
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 69 Neutral
• Price Target: $121.00 ▲(17.65%Upside)

CorVel's strong financial performance is the most significant factor, reflecting robust growth and efficient management. However, the high P/E ratio suggests potential overvaluation, and technical indicators point to a neutral market sentiment. The absence of recent corporate events or earnings call data means these factors do not influence the score.

CorVel Business Overview & Revenue Model

Company Description

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.

How the Company Makes Money

CorVel Corporation makes money through a variety of revenue streams centered around its core offerings in workers' compensation, auto and liability claims management, and health management services. The company charges fees for its claims management services, which include case management, bill review, and network solutions aimed at optimizing claims processing and reducing costs. Additionally, CorVel generates revenue from its proprietary software solutions that enhance data analytics and decision-making for its clients. The company also benefits from partnerships with healthcare providers and insurance carriers, which expand its reach and service offerings. Key factors contributing to CorVel's earnings include its ability to deliver cost-effective solutions, maintain a robust network of service providers, and continuously innovate its technology and service offerings to meet the evolving needs of its clientele.

CorVel Financial Statement Overview

Summary

CorVel Corporation exhibits robust financial health with strong revenue and profit growth, efficient leverage management, and solid cash flow generation. While minor fluctuations in operational efficiency and free cash flow growth warrant monitoring, the company's overall financial trajectory is positive, supporting its competitive position in the insurance brokerage industry.

Income Statement

CorVel has shown a strong upward trajectory in revenue growth, with revenue increasing consistently over the past years. The company's gross profit and net profit margins are healthy, demonstrating effective cost management and profitability. However, the slight fluctuation in EBIT and EBITDA margins suggests potential volatility in operational efficiency.

Balance Sheet

CorVel maintains a robust financial position with a very low debt-to-equity ratio, indicating prudent leverage management. The company has a strong equity ratio, suggesting financial stability and a solid asset base. High return on equity further emphasizes the company's efficiency in generating returns for shareholders.

Cash Flow

The company has demonstrated strong free cash flow generation and growth, supported by consistent operating cash flows. The operating cash flow to net income ratio indicates effective conversion of income into cash, though minor fluctuations in free cash flow growth suggest potential investment or expenditure variations.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	871.31M	895.59M	795.31M	718.56M	646.23M	552.64M
Gross Profit	195.16M	209.73M	171.69M	158.26M	152.11M	123.62M
EBITDA	138.72M	120.82M	121.35M	109.67M	108.43M	82.61M
Net Income	88.20M	95.17M	76.25M	66.36M	66.41M	46.36M
Balance Sheet
Total Assets	538.78M	545.98M	454.68M	393.92M	415.25M	424.76M
Cash, Cash Equivalents and Short-Term Investments	162.94M	170.58M	105.56M	71.33M	97.50M	139.72M
Total Debt	29.54M	19.95M	31.40M	33.76M	43.14M	54.66M
Total Liabilities	237.93M	223.99M	207.03M	191.75M	202.85M	204.36M
Stockholders Equity	300.85M	321.99M	247.65M	202.18M	212.40M	220.40M
Cash Flow
Free Cash Flow	82.50M	91.56M	70.00M	55.97M	37.40M	77.14M
Operating Cash Flow	119.64M	127.31M	99.24M	82.29M	67.22M	94.38M
Investing Cash Flow	-37.14M	-35.76M	-29.24M	-26.32M	-29.82M	-17.24M
Financing Cash Flow	-26.55M	-26.54M	-35.76M	-82.14M	-79.61M	-20.64M

CorVel Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 102.85
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CRVL, the sentiment is Negative. The current price of 102.85 is below the 20-day moving average (MA) of 104.64, below the 50-day MA of 108.84, and below the 200-day MA of 110.88, indicating a bearish trend. The MACD of -1.99 indicates Negative momentum. The RSI at 41.55 is Neutral, neither overbought nor oversold. The STOCH value of 39.51 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for CRVL.

CorVel Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CRVL	69 Neutral	$5.29B	56.20	33.41%	―	12.61%	24.78%
CRD.B	68 Neutral	$522.90M	17.15	19.94%	2.67%	4.44%	33.61%
Sector *	67 Neutral	$17.01B	11.90	9.70%	3.76%	11.63%	-9.47%
CRD.A	66 Neutral	$522.90M	17.35	19.94%	2.64%	4.44%	33.61%
SLQT	61 Neutral	$417.99M	―	0.82%	―	20.41%	93.09%
EHTH	59 Neutral	$126.16M	―	3.19%	―	17.04%	74.07%
GOCO	46 Neutral	$65.91M	―	0.80%	―	13.18%	97.01%

CorVel Corporate Events

CorVel Announces Leadership Transition as Founder Retires

CorVel Corporation announced the retirement of its founder and long-serving Chairman, V. Gordon Clemons, effective November 26, 2024. Clemons, who has been with the company since its inception, will be succeeded by Michael G. Combs, the current CEO and President. Clemons’ leadership and vision have been pivotal in shaping CorVel’s success, and he will continue to support the company as an outside consultant. This leadership transition marks a new chapter for CorVel, promising ongoing innovation and growth.