NASDAQ:MEDP - Medpace Stock Price, Price Target & More

$36.90 -0.80 (-2.12 %)
(As of 04/19/2018 04:00 PM ET)
Previous Close$37.70
Today's Range$36.73 - $38.15
52-Week Range$21.76 - $39.64
Volume118,445 shs
Average Volume211,034 shs
Market Capitalization$1.34 billion
P/E Ratio24.28
Dividend YieldN/A
Beta0.11

About Medpace (NASDAQ:MEDP)

Medpace logoMedpace Holdings, Inc., a clinical contract research organization, provides scientifically-driven outsourced clinical development services to the biotechnology, pharmaceutical, and medical device industries worldwide. The company offers a suite of services supporting the clinical development process from Phase I to Phase IV in a range of therapeutic areas. Its clinical development services include medical affairs, clinical trial management, feasibility and start-up study, clinical monitoring, global regulatory affairs, medical writing, biometrics, pharmacovigilance, core laboratory, and quality assurance. Medpace Holdings, Inc. was founded in 1992 and is headquartered in Cincinnati, Ohio.

Receive MEDP News and Ratings via Email

Sign-up to receive the latest news and ratings for MEDP and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry Commercial physical research
Sub-IndustryN/A
SectorMedical
SymbolNASDAQ:MEDP
CUSIPN/A
Phone513-579-9911

Debt

Debt-to-Equity Ratio0.46%
Current Ratio0.67%
Quick Ratio0.67%

Price-To-Earnings

Trailing P/E Ratio24.28
Forward P/E Ratio19.63
P/E Growth1.43

Sales & Book Value

Annual Sales$436.15 million
Price / Sales3.02
Cash Flow$2.5804 per share
Price / Cash14.30
Book Value$13.40 per share
Price / Book2.75

Profitability

EPS (Most Recent Fiscal Year)$1.52
Net Income$39.12 million
Net Margins8.97%
Return on Equity10.55%
Return on Assets6.29%

Miscellaneous

Employees2,500
Outstanding Shares35,650,000

How to Become a New Pot Stock Millionaire

Medpace (NASDAQ:MEDP) Frequently Asked Questions

What is Medpace's stock symbol?

Medpace trades on the NASDAQ under the ticker symbol "MEDP."

How were Medpace's earnings last quarter?

Medpace Holdings (NASDAQ:MEDP) posted its quarterly earnings data on Monday, February, 26th. The company reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.38 by $0.01. The firm had revenue of $99.45 million for the quarter, compared to analysts' expectations of $97.25 million. Medpace had a return on equity of 10.55% and a net margin of 8.97%. The company's quarterly revenue was up 4.3% compared to the same quarter last year. During the same quarter last year, the business earned $0.35 EPS. View Medpace's Earnings History.

When is Medpace's next earnings date?

Medpace is scheduled to release their next quarterly earnings announcement on Monday, April, 30th 2018. View Earnings Estimates for Medpace.

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

Medpace issued an update on its FY18 earnings guidance on Monday, February, 26th. The company provided EPS guidance of $1.82 to $1.93 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.80. The company issued revenue guidance of $412 million to $428 million, compared to the consensus revenue estimate of $423.58 million.

What price target have analysts set for MEDP?

7 brokers have issued 1 year price objectives for Medpace's stock. Their forecasts range from $35.00 to $42.00. On average, they anticipate Medpace's share price to reach $36.75 in the next twelve months. View Analyst Ratings for Medpace.

Are investors shorting Medpace?

Medpace saw a decrease in short interest during the month of March. As of March 15th, there was short interest totalling 426,813 shares, a decrease of 31.6% from the February 28th total of 624,254 shares. Based on an average trading volume of 257,372 shares, the short-interest ratio is currently 1.7 days. Approximately 5.0% of the shares of the company are sold short.

Who are some of Medpace's key competitors?

Who are Medpace's key executives?

Medpace's management team includes the folowing people:
  • Dr. August James Troendle, Chairman, Chief Exec. Officer and Pres (Age 62)
  • Mr. Jesse J. Geiger BBA, CPA, Chief Financial Officer and Chief Operating Officer of Laboratory Operations (Age 44)
  • Ms. Susan E. Burwig MA, BSN, Exec. VP of Operations (Age 55)
  • Mr. Stephen P. Ewald J.D., Gen. Counsel and Corp. Sec. (Age 49)
  • Mr. Todd Meyers, VP of Bus. Devel. and Marketing

When did Medpace IPO?

(MEDP) raised $150 million in an initial public offering 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 acted as the underwriters for the IPO and Baird and William Blair were co-managers.

Has Medpace been receiving favorable news coverage?

Press coverage about MEDP stock has been trending somewhat positive this week, Accern reports. The research group rates the sentiment of press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Medpace earned a daily sentiment score of 0.24 on Accern's scale. They also assigned media coverage about the company an impact score of 45.65 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next few days.

How do I buy shares of Medpace?

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

What is Medpace's stock price today?

One share of MEDP stock can currently be purchased for approximately $36.90.

How big of a company is Medpace?

Medpace has a market capitalization of $1.34 billion and generates $436.15 million in revenue each year. The company earns $39.12 million in net income (profit) each year or $1.52 on an earnings per share basis. Medpace employs 2,500 workers across the globe.

How can I contact Medpace?

Medpace's mailing address is 5375 MEDPACE WAY, CINCINNATI OH, 45227. The company can be reached via phone at 513-579-9911 or via email at [email protected]


MarketBeat Community Rating for Medpace (MEDP)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  124 (Vote Outperform)
Underperform Votes:  120 (Vote Underperform)
Total Votes:  244
MarketBeat's community ratings are surveys of what our community members think about Medpace and other stocks. Vote "Outperform" if you believe MEDP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MEDP will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Medpace (NASDAQ:MEDP) Price Target and Consensus Rating

  (How are Consensus Ratings Calculated?)
7 Wall Street analysts have issued ratings and price targets for Medpace in the last 12 months. Their average twelve-month price target is $36.75, suggesting that the stock has a possible downside of 0.41%. The high price target for MEDP is $42.00 and the low price target for MEDP is $35.00. There are currently 6 hold ratings and 1 buy rating for the stock, resulting in a consensus rating of "Hold."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: HoldHoldHoldHold
Consensus Rating Score: 2.142.142.142.17
Ratings Breakdown: 0 Sell Rating(s)
6 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
6 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
6 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
5 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $36.75$36.20$35.75$33.25
Price Target Upside: 0.41% downside11.80% upside4.59% downside0.51% downside

Medpace (NASDAQ:MEDP) Consensus Price Target History

Price Target History for Medpace (NASDAQ:MEDP)

Medpace (NASDAQ:MEDP) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
4/10/2018Robert W. BairdSet Price TargetHold$35.00HighView Rating Details
3/1/2018Jefferies GroupReiterated RatingHold$35.00LowView Rating Details
2/28/2018Wells FargoLower Price TargetMarket Perform -> Market Perform$38.00 -> $35.00MediumView Rating Details
2/27/2018Credit Suisse GroupReiterated RatingOutperform -> Outperform$41.00 -> $42.00HighView Rating Details
11/1/2017William BlairDowngradeOutperform -> Market PerformN/AView Rating Details
10/17/2017KeyCorpReiterated RatingHoldN/AView Rating Details
9/29/2017Raymond JamesInitiated CoverageMkt Perform -> Market PerformLowView Rating Details
9/6/2016UBSInitiated CoverageBuy$35.00N/AView Rating Details
(Data available from 4/19/2016 forward)

Earnings

Medpace (NASDAQ:MEDP) Earnings History and Estimates Chart

Earnings by Quarter for Medpace (NASDAQ:MEDP)

Medpace (NASDAQ:MEDP) Earnings Estimates

2018 EPS Consensus Estimate: $1.89
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20183$0.42$0.43$0.43
Q2 20183$0.45$0.46$0.45
Q3 20183$0.49$0.50$0.49
Q4 20183$0.49$0.53$0.51
Q1 20191$0.45$0.45$0.45
Q2 20191$0.46$0.46$0.46
Q3 20191$0.50$0.50$0.50

Medpace (NASDAQ MEDP) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/30/2018$0.43N/AView Earnings Details
2/26/2018Q4 2017$0.38$0.39$97.25 million$99.45 millionViewListenView Earnings Details
10/30/2017Q3 2017$0.36$0.40$96.84 million$98.68 millionViewN/AView Earnings Details
7/31/2017Q2 2017$0.30$0.38$92.71 million$94.60 millionViewN/AView Earnings Details
5/1/2017Q1 2017$0.37$0.34$93.61 million$93.80 millionViewListenView Earnings Details
2/27/2017Q416$0.34$0.35$94.40 million$95.38 millionViewListenView Earnings Details
11/3/2016Q316$0.34$0.40$91.42 million$94.80 millionViewListenView Earnings Details
(Earnings results data provided by Zacks Investment Research)

Dividends

Medpace (NASDAQ:MEDP) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Medpace (NASDAQ MEDP) Insider Trading and Institutional Ownership History

Insider Ownership Percentage: 29.50%
Institutional Ownership Percentage: 23.49%
Insider Trading History for Medpace (NASDAQ:MEDP)
Insider Trading History for Medpace (NASDAQ:MEDP)

Medpace (NASDAQ MEDP) Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
12/5/2017Medpace Limited PartnershipMajor ShareholderSell4,600,000$30.16$138,736,000.00View SEC Filing  
8/22/2017Medpace Limited PartnershipMajor ShareholderSell2,000,000$30.27$60,540,000.00View SEC Filing  
8/18/2016August J TroendleCEOBuy10,000$27.98$279,800.001,221,416View SEC Filing  
8/17/2016Susan E BurwigInsiderBuy19,211$29.21$561,153.311,211View SEC Filing  
8/16/2016August J TroendleCEOBuy869,565$23.00$19,999,995.001,221,416View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Medpace (NASDAQ MEDP) News Headlines

Source:
DateHeadline
Wyndham (WYN) Launches Hotel Under Dolce Brand in CincinnatiWyndham (WYN) Launches Hotel Under Dolce Brand in Cincinnati
www.zacks.com - April 18 at 4:23 PM
Dolce Hotels and Resorts by Wyndham Debuts its First Cincinnati HotelDolce Hotels and Resorts by Wyndham Debuts its First Cincinnati Hotel
www.bizjournals.com - April 17 at 10:10 AM
Peek inside Cincinnati’s first Dolce Hotel: PHOTOSPeek inside Cincinnati’s first Dolce Hotel: PHOTOS
www.bizjournals.com - April 16 at 4:07 PM
Medpace Holdings Facing Some Challenges To A Model That Has Worked WellMedpace Holdings Facing Some Challenges To A Model That Has Worked Well
seekingalpha.com - April 14 at 10:01 AM
Medpace (MEDP) Raised to Hold at Zacks Investment ResearchMedpace (MEDP) Raised to Hold at Zacks Investment Research
www.americanbankingnews.com - April 13 at 11:43 PM
Medpace (MEDP) PT Set at $35.00 by Robert W. BairdMedpace (MEDP) PT Set at $35.00 by Robert W. Baird
www.americanbankingnews.com - April 10 at 9:16 AM
$99.93 Million in Sales Expected for Medpace Holdings (MEDP) This Quarter$99.93 Million in Sales Expected for Medpace Holdings (MEDP) This Quarter
www.americanbankingnews.com - April 9 at 3:42 AM
Medpace Holdings Inc (MEDP) Expected to Post Earnings of $0.43 Per ShareMedpace Holdings Inc (MEDP) Expected to Post Earnings of $0.43 Per Share
www.americanbankingnews.com - April 7 at 9:53 AM
KeyCorp Reiterates "Hold" Rating for Medpace (MEDP)KeyCorp Reiterates "Hold" Rating for Medpace (MEDP)
www.americanbankingnews.com - April 6 at 9:16 PM
Medpace (MEDP) Stock Rating Lowered by Zacks Investment ResearchMedpace (MEDP) Stock Rating Lowered by Zacks Investment Research
www.americanbankingnews.com - April 5 at 11:52 PM
Medpace Holdings Inc (MEDP) Receives Consensus Rating of "Hold" from BrokeragesMedpace Holdings Inc (MEDP) Receives Consensus Rating of "Hold" from Brokerages
www.americanbankingnews.com - April 5 at 3:24 AM
Cincinnati stocks slammed by China trade battle; here’s what it meansCincinnati stocks slammed by China trade battle; here’s what it means
finance.yahoo.com - April 4 at 5:25 PM
Financial Survey: Medpace (MEDP) & BTG (BTGGF)Financial Survey: Medpace (MEDP) & BTG (BTGGF)
www.americanbankingnews.com - April 3 at 7:17 PM
Does Medpace Holdings Inc’s (NASDAQ:MEDP) PE Ratio Warrant A Buy?Does Medpace Holdings Inc’s (NASDAQ:MEDP) PE Ratio Warrant A Buy?
finance.yahoo.com - April 3 at 4:13 PM
William Blair Lowers Medpace (MEDP) to Market PerformWilliam Blair Lowers Medpace (MEDP) to Market Perform
www.americanbankingnews.com - April 2 at 1:31 PM
Medpace (MEDP) Given New $38.00 Price Target at Jefferies GroupMedpace (MEDP) Given New $38.00 Price Target at Jefferies Group
www.americanbankingnews.com - April 2 at 11:16 AM
Medpace (MEDP) Upgraded to "Buy" at Zacks Investment ResearchMedpace (MEDP) Upgraded to "Buy" at Zacks Investment Research
www.americanbankingnews.com - April 1 at 10:20 PM
Viralytics (VRACY) and Medpace (MEDP) Financial ReviewViralytics (VRACY) and Medpace (MEDP) Financial Review
www.americanbankingnews.com - April 1 at 1:26 AM
Short Interest in Medpace Holdings Inc (MEDP) Declines By 31.6%Short Interest in Medpace Holdings Inc (MEDP) Declines By 31.6%
www.americanbankingnews.com - March 31 at 1:44 AM
$100.09 Million in Sales Expected for Medpace Holdings Inc (MEDP) This Quarter$100.09 Million in Sales Expected for Medpace Holdings Inc (MEDP) This Quarter
www.americanbankingnews.com - March 23 at 5:31 AM
Medpace (MEDP) Lowered to Hold at Zacks Investment ResearchMedpace (MEDP) Lowered to Hold at Zacks Investment Research
www.americanbankingnews.com - March 18 at 10:32 AM
Medpace Holdings Inc (NASDAQ:MEDP): What Are The Future Prospects?Medpace Holdings Inc (NASDAQ:MEDP): What Are The Future Prospects?
finance.yahoo.com - March 16 at 10:12 AM
Medpace Holdings Inc (MEDP) Receives Consensus Recommendation of "Hold" from AnalystsMedpace Holdings Inc (MEDP) Receives Consensus Recommendation of "Hold" from Analysts
www.americanbankingnews.com - March 11 at 5:18 AM
Medpace (MEDP) Rating Reiterated by Jefferies GroupMedpace (MEDP) Rating Reiterated by Jefferies Group
www.americanbankingnews.com - March 4 at 7:00 AM
 Brokerages Anticipate Medpace Holdings Inc (MEDP) Will Post Earnings of $0.43 Per Share Brokerages Anticipate Medpace Holdings Inc (MEDP) Will Post Earnings of $0.43 Per Share
www.americanbankingnews.com - March 4 at 5:10 AM
Cardinal Capital Management LLC CT Invests $8.61 Million in Medpace Holdings Inc (MEDP)Cardinal Capital Management LLC CT Invests $8.61 Million in Medpace Holdings Inc (MEDP)
www.americanbankingnews.com - March 3 at 5:14 AM
Medpace Holdings Inc (MEDP) to Post FY2019 Earnings of $2.07 Per Share, KeyCorp ForecastsMedpace Holdings Inc (MEDP) to Post FY2019 Earnings of $2.07 Per Share, KeyCorp Forecasts
www.americanbankingnews.com - March 2 at 4:20 PM
Brokers Issue Forecasts for Medpace Holdings Incs Q1 2018 Earnings (MEDP)Brokers Issue Forecasts for Medpace Holdings Inc's Q1 2018 Earnings (MEDP)
www.americanbankingnews.com - March 2 at 8:42 AM
Medpace Holdings Inc to Post FY2020 Earnings of $2.74 Per Share, William Blair Forecasts (MEDP)Medpace Holdings Inc to Post FY2020 Earnings of $2.74 Per Share, William Blair Forecasts (MEDP)
www.americanbankingnews.com - March 1 at 4:08 PM
Q3 2018 Earnings Estimate for Medpace Holdings Inc Issued By Jefferies Group (MEDP)Q3 2018 Earnings Estimate for Medpace Holdings Inc Issued By Jefferies Group (MEDP)
www.americanbankingnews.com - March 1 at 10:21 AM
KeyCorp Comments on Medpace Holdings Incs Q3 2018 Earnings (MEDP)KeyCorp Comments on Medpace Holdings Inc's Q3 2018 Earnings (MEDP)
www.americanbankingnews.com - March 1 at 10:21 AM
Medpace (MEDP) Price Target Cut to $35.00Medpace (MEDP) Price Target Cut to $35.00
www.americanbankingnews.com - February 28 at 4:26 PM
Medpace Holdings Inc (MEDP) Files 10-K for the Fiscal Year Ended on December 31, 2017Medpace Holdings Inc (MEDP) Files 10-K for the Fiscal Year Ended on December 31, 2017
finance.yahoo.com - February 28 at 9:43 AM
KeyCorp Comments on Medpace Holdings Incs Q1 2018 Earnings (MEDP)KeyCorp Comments on Medpace Holdings Inc's Q1 2018 Earnings (MEDP)
www.americanbankingnews.com - February 28 at 8:08 AM
Medpace (MEDP) Price Target Raised to $42.00 at Credit Suisse GroupMedpace (MEDP) Price Target Raised to $42.00 at Credit Suisse Group
www.americanbankingnews.com - February 27 at 3:30 PM
Medpace meets 4Q profit forecastsMedpace meets 4Q profit forecasts
finance.yahoo.com - February 27 at 9:49 AM
Medpace Holdings, Inc. to Host Earnings CallMedpace Holdings, Inc. to Host Earnings Call
finance.yahoo.com - February 27 at 9:49 AM
Medpace (MEDP) Issues Quarterly  Earnings Results, Beats Estimates By $0.01 EPSMedpace (MEDP) Issues Quarterly Earnings Results, Beats Estimates By $0.01 EPS
www.americanbankingnews.com - February 26 at 9:16 PM
Medpace (MEDP) Releases FY18 Earnings GuidanceMedpace (MEDP) Releases FY18 Earnings Guidance
www.americanbankingnews.com - February 26 at 5:28 PM
Medpace Holdings, Inc. Reports Fourth Quarter and Full Year 2017 ResultsMedpace Holdings, Inc. Reports Fourth Quarter and Full Year 2017 Results
finance.yahoo.com - February 26 at 4:41 PM
Is Medpace Holdings Inc’s (NASDAQ:MEDP) Balance Sheet Strong Enough To Weather A Storm?Is Medpace Holdings Inc’s (NASDAQ:MEDP) Balance Sheet Strong Enough To Weather A Storm?
finance.yahoo.com - February 26 at 9:42 AM
Medpace (MEDP) Scheduled to Post Earnings on MondayMedpace (MEDP) Scheduled to Post Earnings on Monday
www.americanbankingnews.com - February 19 at 5:22 AM
Medpace (MEDP) Upgraded at BidaskClubMedpace (MEDP) Upgraded at BidaskClub
www.americanbankingnews.com - February 17 at 2:10 PM
Zacks: Analysts Anticipate Medpace Holdings Inc (MEDP) Will Post Earnings of $0.39 Per ShareZacks: Analysts Anticipate Medpace Holdings Inc (MEDP) Will Post Earnings of $0.39 Per Share
www.americanbankingnews.com - February 15 at 1:36 PM
Medpace Holdings Inc (MEDP) Given Average Recommendation of "Hold" by BrokeragesMedpace Holdings Inc (MEDP) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - February 14 at 3:36 AM
Medpace Holdings, Inc. to Report Fourth Quarter and Fiscal Year 2017 Financial Results on February 26, 2018Medpace Holdings, Inc. to Report Fourth Quarter and Fiscal Year 2017 Financial Results on February 26, 2018
finance.yahoo.com - February 5 at 4:37 PM
Will Higher Membership, Revenues Aid Cigna (CI) Q4 Earnings?Will Higher Membership, Revenues Aid Cigna (CI) Q4 Earnings?
www.nasdaq.com - January 31 at 9:05 AM
Medpace Holdings Inc (MEDP) Expected to Post Quarterly Sales of $97.44 MillionMedpace Holdings Inc (MEDP) Expected to Post Quarterly Sales of $97.44 Million
www.americanbankingnews.com - January 31 at 3:52 AM
See what the IHS Markit Score report has to say about Medpace Holdings Inc.See what the IHS Markit Score report has to say about Medpace Holdings Inc.
finance.yahoo.com - January 30 at 9:14 AM
 Brokerages Expect Medpace Holdings Inc (MEDP) to Announce $0.39 EPS Brokerages Expect Medpace Holdings Inc (MEDP) to Announce $0.39 EPS
www.americanbankingnews.com - January 29 at 1:14 PM

SEC Filings

Medpace (NASDAQ:MEDP) SEC Filings

This page is loading this company's SEC Filings. Please wait...

Social Media

Financials

Medpace (NASDAQ:MEDP) Income Statement, Balance Sheet and Cash Flow Statement

Chart

Medpace (NASDAQ MEDP) Stock Chart for Thursday, April, 19, 2018

Loading chart…

This page was last updated on 4/19/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.