Medpace - MEDP Stock Forecast, Price & News

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Medpace in the last twelve months. There are currently 3 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" MEDP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MEDP, but not buy additional shares or sell existing shares.
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3 Wall Street research analysts have issued 12 month price targets for Medpace's shares. Their MEDP share price forecasts range from $226.00 to $238.00. On average, they expect the company's stock price to reach $232.00 in the next twelve months. This suggests a possible upside of 0.1% from the stock's current price.
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Medpace's stock was trading at $212.41 at the start of the year. Since then, MEDP shares have increased by 9.1% and is now trading at $231.67.
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The company is scheduled to release its next quarterly earnings announcement on Monday, February 13th 2023.
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Medpace will be holding an earnings conference call on Tuesday, February 14th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Medpace Holdings, Inc. (NASDAQ:MEDP) posted its quarterly earnings data on Sunday, October, 24th. The company reported $1.29 earnings per share for the quarter, beating the consensus estimate of $1.07 by $0.22. The firm earned $295.57 million during the quarter, compared to analyst estimates of $291.55 million. Medpace had a net margin of 16.50% and a trailing twelve-month return on equity of 41.39%. Medpace's revenue for the quarter was up 28.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.13 EPS.

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.

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).

(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 served as the underwriters for the IPO and Baird and William Blair were co-managers.

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

Medpace's stock is owned by many different retail and institutional investors. Top institutional shareholders include Boston Trust Walden Corp (1.76%), Riverbridge Partners LLC (1.47%), Rice Hall James & Associates LLC (0.64%), Fisher Asset Management LLC (0.45%), Congress Asset Management Co. MA (0.36%) and New York State Common Retirement Fund (0.28%). Insiders that own company stock include Ashley M Keating, August J Troendle, August J Troendle, Jesse J Geiger, Kevin M Brady, Medpace Investors, Llc, Peter J O'malley, Stephen P Ewald, Susan E Burwig, Tom C King and Wedbush Securities Inc.
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Shares of MEDP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of MEDP stock can currently be purchased for approximately $231.67.

Medpace (NASDAQ:MEDP) has a market capitalization of $7.20 billion and generates $1.14 billion in revenue each year. The company earns $181.85 million in net income (profit) each year or $6.52 on an earnings per share basis.

The company employs 4,500 workers across the globe.

Medpace's mailing address is 5375 MEDPACE WAY, CINCINNATI OH, 45227. The official website for the company is www.medpace.com. The company can be reached via phone at (513) 579-9911, via email at investor@medpace.com, or via fax at 513-579-0444.