CorVel Corp (CRVL) has reached a significant milestone, hitting an all-time high of $302.34. This achievement underscores the company's robust performance and strong market position. Over the past year, CorVel Corp has demonstrated impressive growth, with a 1-year change of 41.38%. This substantial increase reflects the company's successful strategies and the positive response from investors. The all-time high price level reached by CorVel Corp is a testament to its resilience and potential for further growth.
InvestingPro Insights
CorVel Corp's (CRVL) recent surge to an all-time high is underpinned by a series of strong financial metrics. According to InvestingPro data, the company boasts a market capitalization of $5.18 billion and has seen a revenue growth of 10.68% over the last twelve months as of Q4 2024. This growth trajectory is further exemplified by a 23.41% price total return over the past three months, signaling robust investor confidence.
InvestingPro Tips suggest that while the company is trading at a high earnings multiple with a P/E ratio of 67.47, it has also demonstrated strong returns over the last month and three months. Moreover, CorVel Corp is operating with a moderate level of debt, which could be a factor in its resilient market performance. It's worth noting that the company's stock is currently trading near its 52-week high, at 99.84% of this threshold.
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