NASDAQ:MEDP

Medpace (MEDP) Stock Price, News & Analysis

$384.66
-12.90 (-3.24%)
(As of 10:16 AM ET)
Today's Range
$379.22
$394.47
50-Day Range
$372.00
$413.31
52-Week Range
$189.30
$421.00
Volume
53,140 shs
Average Volume
248,558 shs
Market Capitalization
$11.92 billion
P/E Ratio
39.21
Dividend Yield
N/A
Price Target
$443.00

Medpace MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
11.4% Upside
$443.00 Price Target
Short Interest
Healthy
3.82% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.62
Upright™ Environmental Score
News Sentiment
0.67mentions of Medpace in the last 14 days
Based on 32 Articles This Week
Insider Trading
Selling Shares
$76.65 M Sold Last Quarter
Proj. Earnings Growth
16.80%
From $11.13 to $13.00 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.99 out of 5 stars

Medical Sector

6th out of 907 stocks

Commercial Physical Research Industry

1st out of 12 stocks

MEDP stock logo

About Medpace Stock (NASDAQ:MEDP)

Medpace Holdings, Inc. provides clinical research-based drug and medical device development services in North America, Europe, and Asia. The company offers a suite of services supporting the clinical development process from Phase I to Phase IV in various therapeutic areas. It provides clinical development services to the pharmaceutical, biotechnology, and medical device industries; and development plan design, coordinated central laboratory, project management, regulatory affairs, clinical monitoring, data management and analysis, pharmacovigilance new drug application submissions, and post-marketing clinical support services. In addition, the company offers bio-analytical laboratory services, clinical human pharmacology, imaging services, and electrocardiography reading support for clinical trials. Medpace Holdings, Inc. was founded in 1992 and is based in Cincinnati, Ohio.

MEDP Stock Price History

MEDP Stock News Headlines

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Medpace (NASDAQ:MEDP) Upgraded to Buy at StockNews.com
Q1 2024 Medpace Holdings Inc Earnings Call
Decoding 5 Analyst Evaluations For Medpace Hldgs
Medpace: Q1 Earnings Snapshot
Medpace Q1 2024 Earnings Preview
Medpace Holdings Inc hosts conference call for investors
Medpace (MEDP) to Release Quarterly Earnings on Monday
See More Headlines
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Company Calendar

Last Earnings
4/22/2024
Today
4/24/2024
Next Earnings (Estimated)
7/22/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Commercial physical research
Sub-Industry
N/A
Current Symbol
NASDAQ:MEDP
Employees
5,900
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$443.00
High Stock Price Target
$464.00
Low Stock Price Target
$395.00
Potential Upside/Downside
-0.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
5 Analysts

Profitability

Net Income
$282.81 million
Pretax Margin
17.80%

Debt

Sales & Book Value

Annual Sales
$1.89 billion
Cash Flow
$10.64 per share
Book Value
$18.22 per share

Miscellaneous

Free Float
24,693,000
Market Cap
$12.32 billion
Optionable
Optionable
Beta
1.38
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MEDP Stock Analysis - Frequently Asked Questions

Should I buy or sell Medpace stock right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Medpace in the last year. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" MEDP shares.
View MEDP analyst ratings
or view top-rated stocks.

What is Medpace's stock price target for 2024?

5 Wall Street analysts have issued 1-year price targets for Medpace's shares. Their MEDP share price targets range from $395.00 to $464.00. On average, they predict the company's stock price to reach $443.00 in the next year. This suggests a possible upside of 11.4% from the stock's current price.
View analysts price targets for MEDP
or view top-rated stocks among Wall Street analysts.

How have MEDP shares performed in 2024?

Medpace's stock was trading at $306.53 on January 1st, 2024. Since then, MEDP shares have increased by 29.7% and is now trading at $397.56.
View the best growth stocks for 2024 here
.

When is Medpace's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, July 22nd 2024.
View our MEDP earnings forecast
.

How were Medpace's earnings last quarter?

Medpace Holdings, Inc. (NASDAQ:MEDP) posted its quarterly earnings data on Monday, April, 22nd. The company reported $3.20 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.45 by $0.75. The company had revenue of $511 million for the quarter, compared to the consensus estimate of $512.39 million. Medpace had a net margin of 15.92% and a trailing twelve-month return on equity of 59.74%. The business's revenue for the quarter was up 17.7% compared to the same quarter last year. During the same quarter last year, the company posted $2.27 earnings per share.

What guidance has Medpace issued on next quarter's earnings?

Medpace updated its FY 2024 earnings guidance on Monday, April, 22nd. The company provided earnings per share guidance of 10.790-11.470 for the period, compared to the consensus EPS estimate of 10.610. The company issued revenue guidance of $2.2 billion-$2.2 billion, compared to the consensus revenue estimate of $2.2 billion.

What is August Troendle's approval rating as Medpace's CEO?

268 employees have rated Medpace Chief Executive Officer August Troendle on Glassdoor.com. August Troendle has an approval rating of 34% among the company's employees. This puts August Troendle in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Medpace own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Medpace investors own include NVIDIA (NVDA), Exact Sciences (EXAS), Block (SQ), Baidu (BIDU), JD.com (JD), Advanced Micro Devices (AMD), Bilibili (BILI), Alibaba Group (BABA), Cisco Systems (CSCO) and Intuitive Surgical (ISRG).

When did Medpace IPO?

Medpace (MEDP) raised $150 million in an initial public offering (IPO) on Thursday, August 11th 2016. The company issued 7,000,000 shares at $20.00-$23.00 per share. Jefferies, Credit Suisse, UBS Investment Bank and Wells Fargo Securities served as the underwriters for the IPO and Baird and William Blair were co-managers.

Who are Medpace's major shareholders?

Medpace's stock is owned by a variety of retail and institutional investors. Top institutional investors include Wasatch Advisors LP (3.15%), Los Angeles Capital Management LLC (0.85%), Congress Asset Management Co. MA (0.50%), Rice Hall James & Associates LLC (0.39%), Assenagon Asset Management S.A. (0.35%) and Raymond James & Associates (0.16%). Insiders that own company stock include Ashley M Keating, August J Troendle, August J Troendle, Kevin M Brady, Medpace Investors, Llc, Peter J O'malley, Robert O Kraft, Stephen P Ewald, Susan E Burwig, Tom C King and Wedbush Securities Inc.
View institutional ownership trends
.

How do I buy shares of Medpace?

Shares of MEDP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:MEDP) was last updated on 4/25/2024 by MarketBeat.com Staff

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