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Medpace (MEDP) Stock Price, News & Analysis

$381.47
+0.97 (+0.25%)
(As of 07/26/2024 ET)
Today's Range
$373.99
$385.70
50-Day Range
$357.30
$457.29
52-Week Range
$227.21
$459.77
Volume
473,845 shs
Average Volume
245,488 shs
Market Capitalization
$11.83 billion
P/E Ratio
38.89
Dividend Yield
N/A
Price Target
$424.14

Medpace MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.88 Rating Score
Upside/​Downside
11.2% Upside
$424.14 Price Target
Short Interest
Healthy
3.26% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.62
Upright™ Environmental Score
News Sentiment
0.37mentions of Medpace in the last 14 days
Based on 51 Articles This Week
Insider Trading
Selling Shares
$11.82 M Sold Last Quarter
Proj. Earnings Growth
13.29%
From $11.59 to $13.13 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.

4.97 out of 5 stars

Medical Sector

5th out of 936 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

William Blair Reiterates Outperform Rating for Medpace (NASDAQ:MEDP)
625,000% Gain
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Medpace (NASDAQ:MEDP) Price Target Lowered to $432.00 at Guggenheim
Medpace (NASDAQ:MEDP) Sees Large Volume Increase After Earnings Beat
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Expert Ratings For Medpace Hldgs
Medpace (NASDAQ:MEDP) Updates FY24 Earnings Guidance
Medpace (NASDAQ:MEDP) Given New $434.00 Price Target at TD Cowen
Medpace (NASDAQ:MEDP) Issues FY 2024 Earnings Guidance
Medpace (NASDAQ:MEDP) Announces Earnings Results
See More Headlines
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Company Calendar

Last Earnings
7/22/2024
Today
7/26/2024
Next Earnings (Estimated)
10/28/2024
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
$424.14
High Stock Price Target
$452.00
Low Stock Price Target
$336.00
Potential Upside/Downside
+10.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.88
Research Coverage
8 Analysts

Profitability

Net Income
$282.81 million
Pretax Margin
19.57%

Debt

Sales & Book Value

Annual Sales
$1.89 billion
Cash Flow
$10.16 per share
Book Value
$24.63 per share

Miscellaneous

Free Float
24,693,000
Market Cap
$11.94 billion
Optionable
Optionable
Beta
1.36
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MEDP Stock Analysis - Frequently Asked Questions

How have MEDP shares performed this year?

Medpace's stock was trading at $306.53 at the start of the year. Since then, MEDP stock has increased by 24.4% and is now trading at $381.47.
View the best growth stocks for 2024 here
.

How were Medpace's earnings last quarter?

Medpace Holdings, Inc. (NASDAQ:MEDP) announced its quarterly earnings data on Monday, July, 22nd. The company reported $2.75 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.54 by $0.21. The business's quarterly revenue was up 14.6% compared to the same quarter last year.

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.

When did Medpace IPO?

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

Who are Medpace's major shareholders?

Top institutional shareholders of Medpace include Riverbridge Partners LLC (1.73%), Westwind Capital (1.23%), Bank of New York Mellon Corp (0.73%) and Boston Trust Walden Corp (0.51%). Insiders that own company stock include Medpace Investors, Llc, August J Troendle, Susan E Burwig, Stephen P Ewald, Kevin M Brady, Ashley M Keating, Robert O Kraft and Tom C King.
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.

What other stocks do shareholders of Medpace own?

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

This page (NASDAQ:MEDP) was last updated on 7/26/2024 by MarketBeat.com Staff

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