Should I buy or sell Medpace stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Medpace in the last twelve months. There are currently 1 hold rating and 3 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?

4 brokerages have issued twelve-month target prices for Medpace's shares. Their MEDP share price targets range from $273.00 to $452.00. On average, they predict the company's stock price to reach $382.00 in the next year. This suggests a possible upside of 2.1% 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 at the start of the year. Since then, MEDP shares have increased by 22.1% and is now trading at $374.32. 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, April 22nd 2024. View our MEDP earnings forecast .

How can I listen to Medpace's earnings call?

Medpace will be holding an earnings conference call on Tuesday, April 23rd at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link .

How were Medpace's earnings last quarter?

Medpace Holdings, Inc. (NASDAQ:MEDP) posted its quarterly earnings results on Monday, February, 12th. The company reported $2.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.22 by $0.24. The firm had revenue of $498.40 million for the quarter, compared to the consensus estimate of $498.72 million. Medpace had a trailing twelve-month return on equity of 63.98% and a net margin of 15.00%. The business's quarterly revenue was up 26.5% on a year-over-year basis. During the same quarter last year, the business earned $2.12 EPS.

What ETFs hold Medpace's stock?

ETFs with the largest weight of Medpace (NASDAQ:MEDP) stock in their portfolio include Franklin Genomic Advancements ETF (HELX) , Invesco Dorsey Wright Healthcare Momentum ETF (PTH) , Argent Mid Cap ETF (AMID) , Janus Henderson Small/Mid Cap Growth Alpha ETF (JSMD) , Invesco S&P MidCap Quality ETF (XMHQ) , First Trust Health Care AlphaDEX Fund (FXH) , Alpha Architect U.S. Quantitative Momentum ETF (QMOM) and Invesco S&P MidCap 400 Pure Growth ETF (RFG) .

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

Medpace issued an update on its FY 2024 earnings guidance on Tuesday, February, 13th. The company provided EPS guidance of 10.180-10.870 for the period, compared to the consensus estimate of 9.960. 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 shareholders include Los Angeles Capital Management LLC (0.85%), Congress Asset Management Co. MA (0.50%), Westwind Capital (0.14%), Annex Advisory Services LLC (0.13%), Congress Wealth Management LLC DE (0.09%) and Rheos Capital Works Inc. (0.08%). 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 .

NASDAQ:MEDP

Medpace (MEDP) Stock Price, News & Analysis

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Free MEDP Stock Alerts

$374.32

-8.12 (-2.12%)

(As of 04/18/2024 ET)

Compare

Today's Range: $373.99
▼
$386.24
50-Day Range: $324.21
▼
$413.31
52-Week Range: $185.43
▼
$419.42

Volume: 219,885 shs
Average Volume: 240,621 shs
Market Capitalization: $11.60 billion

P/E Ratio: 42.15
Dividend Yield: N/A
Price Target: $382.00

Get Medpace alerts:

Medpace MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.75 Rating Score
Upside/Downside: 2.1% Upside
$382.00 Price Target
Short Interest: Healthy
3.82% of Float Sold Short
Dividend Strength: N/A
Sustainability: -0.62
Upright™ Environmental Score
News Sentiment: 0.91
Based on 9 Articles This Week
Insider Trading: Selling Shares
$76.65 M Sold Last Quarter
Proj. Earnings Growth: 20.89%
From $10.53 to $12.73 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.

4.48 out of 5 stars

Medical Sector

86th out of 919 stocks

Commercial Physical Research Industry

4th out of 11 stocks

1.4

Analyst's Opinion

Consensus Rating
Medpace has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Medpace has only been the subject of 3 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
3.82% of the float of Medpace has been sold short.
Short Interest Ratio / Days to Cover
Medpace has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Medpace has recently decreased by 1.76%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Medpace does not currently pay a dividend.
Dividend Growth
Medpace does not have a long track record of dividend growth.

4.6

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Medpace has received a 72.85% net impact score from Upright. The largest positive contribution comes from its "Creating knowledge" impact, which is false driven by its "Clinical research services for physical health", "Medical devices engineering", and "Preclinical research services" products. See details.
Environmental Sustainability
The Environmental Impact score for Medpace is -0.62.

2.7

News and Social Media Coverage

News Sentiment
Medpace has a news sentiment score of 0.91. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.49 average news sentiment score of Medical companies.
News Coverage This Week
MarketBeat has tracked 9 news articles for Medpace this week, compared to 6 articles on an average week.
Search Interest
Only 6 people have searched for MEDP on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.
MarketBeat Follows
Only 6 people have added Medpace to their MarketBeat watchlist in the last 30 days. This is a decrease of -65% compared to the previous 30 days.

4.2

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Medpace insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $76,651,647.00 in company stock.
Percentage Held by Insiders
20.30% of the stock of Medpace is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
77.98% of the stock of Medpace is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Medpace are expected to grow by 20.89% in the coming year, from $10.53 to $12.73 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Medpace is 42.15, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 141.94.
Price to Earnings Ratio vs. Sector
The P/E ratio of Medpace is 42.15, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 227.61.
Price to Earnings Growth Ratio
Medpace has a PEG Ratio of 2.03. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Medpace has a P/B Ratio of 20.54. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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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

30 days | 90 days | 365 days | Advanced Chart

MEDP Stock News Headlines

March 20, 2024 | insidertrades.com

Insider Selling: Medpace Holdings, Inc. (NASDAQ:MEDP) VP Sells 102 Shares of Stock

March 19, 2024 | insidertrades.com

Medpace Holdings, Inc. (NASDAQ:MEDP) Director Sells $102,467.50 in Stock

April 18, 2024 | Insiders Exposed (Ad)

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April 17, 2024 | msn.com

An iconic bar returns (and the 3 best things I ate last week)

April 17, 2024 | markets.businessinsider.com

Medpace Holdings Inc hosts conference call for investors

April 15, 2024 | americanbankingnews.com

Financial Survey: Medpace (NASDAQ:MEDP) and OneMedNet (NASDAQ:ONMD)

April 15, 2024 | americanbankingnews.com

Medpace (MEDP) to Release Quarterly Earnings on Monday

April 12, 2024 | americanbankingnews.com

Medpace Holdings, Inc. (NASDAQ:MEDP) Given Average Rating of "Moderate Buy" by Analysts

April 18, 2024 | Insiders Exposed (Ad)

This consistently signaled gains of 453%... 610%... and even 1036%...

April 11, 2024 | benzinga.com

If You Invested $1000 In This Stock 5 Years Ago, You Would Have $6,800 Today

April 8, 2024 | finance.yahoo.com

Estimating The Fair Value Of Medpace Holdings, Inc. (NASDAQ:MEDP)

April 5, 2024 | finance.yahoo.com

Medpace Holdings (MEDP) is Maintaining a Healthy Margin Profile

March 28, 2024 | businesswire.com

Medpace Holdings, Inc. to Report First Quarter 2024 Financial Results on April 22, 2024

March 28, 2024 | businesswire.com

Medpace Holdings, Inc. to Report First Quarter 2024 Financial Results on April 22, 2024

March 28, 2024 | msn.com

Alara is Madisonville's newest American restaurant, latest from popular restaurant group

March 27, 2024 | msn.com

New restaurant opens in Cincinnati's Madisonville neighborhood

March 25, 2024 | bizjournals.com

Looking Glass Hospitality announces menu, hours for new $6.5M upscale restaurant, Alara

March 22, 2024 | finance.yahoo.com

Should You Invest in Medpace (MEDP)?

March 22, 2024 | finance.yahoo.com

Investors in Medpace Holdings (NASDAQ:MEDP) have seen enviable returns of 609% over the past five years

March 19, 2024 | finance.yahoo.com

Does Medpace Holdings (MEDP) Have The Potential to Maintain Strong Growth?

March 18, 2024 | insidermonkey.com

Insiders Are Selling These 5 Stocks in 2024

March 17, 2024 | bizjournals.com

Convergence of factors powers the innovative ecosystem’s competitive advantage in Ohio

March 16, 2024 | finance.yahoo.com

MEDP Apr 2024 580.000 call

March 15, 2024 | bizjournals.com

Five things to know, and Cincinnati chili in the Windy City? I'm a skeptic

March 14, 2024 | bizjournals.com

Looking Glass Hospitality announces opening date, menu for newest restaurant venture, Alara

March 12, 2024 | uk.finance.yahoo.com

Patient Recruitment and Retention Services Global Market Report 2024

March 11, 2024 | seekingalpha.com

Medpace: Exceptional Performance, Almost Fully Priced In

See More Headlines

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Company Calendar

Last Earnings: 2/12/2024
Today: 4/18/2024
Next Earnings (Confirmed): 4/22/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Medical
Industry: Commercial physical research
Sub-Industry: N/A
Current Symbol: NASDAQ:MEDP
CUSIP: N/A
CIK: 1668397
Web: www.medpace.com
Phone: (513) 579-9911
Fax: 513-579-0444
Employees: 5,900
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $382.00
High Stock Price Target: $452.00
Low Stock Price Target: $273.00
Potential Upside/Downside: +2.1%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.75
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): $8.88
Trailing P/E Ratio: 42.15
Forward P/E Ratio: 35.55
P/E Growth: 2.03
Net Income: $282.81 million
Net Margins: 15.00%
Pretax Margin: 17.80%
Return on Equity: 63.98%
Return on Assets: 19.02%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.64
Quick Ratio: 0.64

Sales & Book Value

Annual Sales: $1.89 billion
Price / Sales: 6.15
Cash Flow: $9.79 per share
Price / Cash Flow: 38.22
Book Value: $18.22 per share
Price / Book: 20.54

Miscellaneous

Outstanding Shares: 30,980,000
Free Float: 24,693,000
Market Cap: $11.60 billion
Optionable: Optionable
Beta: 1.38

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Key Executives

Dr. August James Troendle M.D. (Age 68)
Chairman & CEO
Comp: $1.68M
Mr. Jesse J. Geiger BBA (Age 50)
CPA, President
Comp: $876.92k
Mr. Kevin M. Brady (Age 49)
CFO & Treasurer
Comp: $636.58k
Ms. Susan E. Burwig BSN (Age 61)
MA, Executive Vice President of Operations
Comp: $1M
Mr. Stephen P. Ewald J.D. (Age 55)
Chief Compliance Officer, General Counsel & Corporate Secretary
Comp: $826.17k
Brandon Ebken
Chief Information Officer
Ms. Lauren Morris
Associate Director of Investors Relations
Mr. Todd Meyers
Vice President of Business Development & Marketing
John T. Wynne MBA
Senior Vice President of Commercial Operations & Clinical Pharmacology Unit
Mr. Reinilde Heyrman M.D. (Age 63)
Chief Medical Officer of Medical Department

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

MEDP Stock Analysis - Frequently Asked Questions

Should I buy or sell Medpace stock right now?: 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Medpace in the last twelve months. There are currently 1 hold rating and 3 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?: 4 brokerages have issued twelve-month target prices for Medpace's shares. Their MEDP share price targets range from $273.00 to $452.00. On average, they predict the company's stock price to reach $382.00 in the next year. This suggests a possible upside of 2.1% 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 at the start of the year. Since then, MEDP shares have increased by 22.1% and is now trading at $374.32.
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, April 22nd 2024.
View our MEDP earnings forecast.
How can I listen to Medpace's earnings call?: Medpace will be holding an earnings conference call on Tuesday, April 23rd at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.
How were Medpace's earnings last quarter?: Medpace Holdings, Inc. (NASDAQ:MEDP) posted its quarterly earnings results on Monday, February, 12th. The company reported $2.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.22 by $0.24. The firm had revenue of $498.40 million for the quarter, compared to the consensus estimate of $498.72 million. Medpace had a trailing twelve-month return on equity of 63.98% and a net margin of 15.00%. The business's quarterly revenue was up 26.5% on a year-over-year basis. During the same quarter last year, the business earned $2.12 EPS.
What ETFs hold Medpace's stock?: ETFs with the largest weight of Medpace (NASDAQ:MEDP) stock in their portfolio include Franklin Genomic Advancements ETF (HELX), Invesco Dorsey Wright Healthcare Momentum ETF (PTH), Argent Mid Cap ETF (AMID), Janus Henderson Small/Mid Cap Growth Alpha ETF (JSMD), Invesco S&P MidCap Quality ETF (XMHQ), First Trust Health Care AlphaDEX Fund (FXH), Alpha Architect U.S. Quantitative Momentum ETF (QMOM) and Invesco S&P MidCap 400 Pure Growth ETF (RFG).

What guidance has Medpace issued on next quarter's earnings?: Medpace issued an update on its FY 2024 earnings guidance on Tuesday, February, 13th. The company provided EPS guidance of 10.180-10.870 for the period, compared to the consensus estimate of 9.960. 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 shareholders include Los Angeles Capital Management LLC (0.85%), Congress Asset Management Co. MA (0.50%), Westwind Capital (0.14%), Annex Advisory Services LLC (0.13%), Congress Wealth Management LLC DE (0.09%) and Rheos Capital Works Inc. (0.08%). 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 4/18/2024 by MarketBeat.com Staff

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