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Expanded IRS free-file system one step closer in Dems' bill
In Biden's big bill: Climate, health care, deficit reduction
The Financial Day of Reckoning Has Begun (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
Closing prices for crude oil, gold and other commodities
Pipeline break spills 45,000 gallons of diesel in Wyoming
Sinema took Wall Street money while killing tax on investors
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
MarketBeat: Week in Review 8/8 - 8/12
Expanded IRS free-file system one step closer in Dems' bill
In Biden's big bill: Climate, health care, deficit reduction
The Financial Day of Reckoning Has Begun (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
Closing prices for crude oil, gold and other commodities
Pipeline break spills 45,000 gallons of diesel in Wyoming
Sinema took Wall Street money while killing tax on investors
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
MarketBeat: Week in Review 8/8 - 8/12
Expanded IRS free-file system one step closer in Dems' bill
In Biden's big bill: Climate, health care, deficit reduction
The Financial Day of Reckoning Has Begun (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
Closing prices for crude oil, gold and other commodities
Pipeline break spills 45,000 gallons of diesel in Wyoming
Sinema took Wall Street money while killing tax on investors
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
MarketBeat: Week in Review 8/8 - 8/12
Expanded IRS free-file system one step closer in Dems' bill
In Biden's big bill: Climate, health care, deficit reduction
The Financial Day of Reckoning Has Begun (Ad)
NASDAQ:MEDP

Medpace - MEDP Stock Forecast, Price & News

$182.30
+3.70 (+2.07%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$178.96
$182.35
50-Day Range
$132.27
$182.30
52-Week Range
$126.94
$231.00
Volume
212,951 shs
Average Volume
360,435 shs
Market Capitalization
$5.65 billion
P/E Ratio
31.65
Dividend Yield
N/A
Price Target
$175.00

Medpace MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
4.0% Downside
$175.00 Price Target
Short Interest
Healthy
7.52% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.62
Upright™ Environmental Score
News Sentiment
0.66mentions of Medpace in the last 14 days
Based on 9 Articles This Week
Insider Trading
Acquiring Shares
$4.43 M Bought Last Quarter
Proj. Earnings Growth
5.68%
From $6.16 to $6.51 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.25 out of 5 stars

Medical Sector

456th out of 1,117 stocks

Commercial Physical Research Industry

8th out of 17 stocks

MEDP stock logo

About Medpace (NASDAQ:MEDP) Stock

Medpace Holdings, Inc. provides clinical research-based drug and medical device development services in North America, Europe, and Asia. It offers a suite of services supporting the clinical development process from Phase I to Phase IV in various therapeutic areas. The company also 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, it offers bio-analytical laboratory services, clinical human pharmacology, imaging services, and electrocardiography reading support for clinical trials. The company was founded in 1992 and is based in Cincinnati, Ohio.

Medpace Stock Performance

Shares of NASDAQ:MEDP opened at $182.30 on Friday. The stock has a market cap of $5.65 billion, a PE ratio of 31.65 and a beta of 1.43. The business has a fifty day moving average of $154.24 and a two-hundred day moving average of $152.79. Medpace has a 52-week low of $126.94 and a 52-week high of $231.00.

Medpace (NASDAQ:MEDP - Get Rating) last released its quarterly earnings results on Monday, July 25th. The company reported $1.46 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.33 by $0.13. Medpace had a return on equity of 30.56% and a net margin of 16.27%. The business had revenue of $351.21 million during the quarter, compared to analysts' expectations of $344.01 million. During the same period in the previous year, the business posted $1.06 earnings per share. The firm's revenue for the quarter was up 26.2% compared to the same quarter last year. Analysts predict that Medpace will post 6.16 earnings per share for the current year.

Wall Street Analysts Forecast Growth

MEDP has been the topic of several recent research reports. StockNews.com raised shares of Medpace from a "hold" rating to a "buy" rating in a research report on Thursday, July 28th. Guggenheim began coverage on shares of Medpace in a research note on Monday, May 23rd. They issued a "neutral" rating on the stock.

Insider Activity at Medpace

In other Medpace news, CEO August J. Troendle purchased 8,330 shares of the business's stock in a transaction that occurred on Monday, July 18th. The stock was acquired at an average cost of $145.00 per share, with a total value of $1,207,850.00. Following the completion of the acquisition, the chief executive officer now directly owns 5,513,639 shares of the company's stock, valued at approximately $799,477,655. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other news, CEO August J. Troendle acquired 8,330 shares of the company's stock in a transaction on Monday, July 18th. The stock was purchased at an average cost of $145.00 per share, with a total value of $1,207,850.00. Following the acquisition, the chief executive officer now owns 5,513,639 shares of the company's stock, valued at approximately $799,477,655. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO August J. Troendle acquired 22,290 shares of the company's stock in a transaction on Thursday, July 14th. The shares were purchased at an average cost of $144.59 per share, with a total value of $3,222,911.10. Following the completion of the acquisition, the chief executive officer now directly owns 5,505,309 shares in the company, valued at approximately $796,012,628.31. The disclosure for this purchase can be found here. 20.60% of the stock is currently owned by company insiders.

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MEDP Stock News Headlines

3 Reasons Growth Investors Will Love Medpace (MEDP)
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MEDP Company Calendar

Last Earnings
7/25/2022
Today
8/13/2022
Next Earnings (Estimated)
10/24/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Commercial physical research
Sub-Industry
N/A
Sector
Medical
Current Symbol
NASDAQ:MEDP
Employees
4,500
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$175.00
High Stock Price Forecast
$175.00
Low Stock Price Forecast
$175.00
Forecasted Upside/Downside
-4.0%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$181.85 million
Pretax Margin
18.50%

Debt

Sales & Book Value

Annual Sales
$1.14 billion
Cash Flow
$5.75 per share
Book Value
$9.14 per share

Miscellaneous

Free Float
24,613,000
Market Cap
$5.65 billion
Optionable
Optionable
Beta
1.43














MEDP Stock - Frequently Asked Questions

Should I buy or sell Medpace stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Medpace in the last year. There are currently 1 hold rating 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.
View MEDP analyst ratings
or view top-rated stocks.

What is Medpace's stock price forecast for 2022?

1 brokers have issued 12 month price objectives for Medpace's stock. Their MEDP share price forecasts range from $175.00 to $175.00. On average, they anticipate the company's share price to reach $175.00 in the next twelve months. This suggests that the stock has a possible downside of 4.0%.
View analysts price targets for MEDP
or view top-rated stocks among Wall Street analysts.

How have MEDP shares performed in 2022?

Medpace's stock was trading at $217.64 at the beginning of the year. Since then, MEDP stock has decreased by 16.2% and is now trading at $182.30.
View the best growth stocks for 2022 here
.

When is Medpace's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, October 24th 2022.
View our MEDP earnings forecast
.

How were Medpace's earnings last quarter?

Medpace Holdings, Inc. (NASDAQ:MEDP) announced its quarterly earnings data on Monday, July, 25th. The company reported $1.46 EPS for the quarter, topping analysts' consensus estimates of $1.33 by $0.13. The company earned $351.21 million during the quarter, compared to the consensus estimate of $344.01 million. Medpace had a net margin of 16.27% and a trailing twelve-month return on equity of 30.56%. The firm's quarterly revenue was up 26.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.06 earnings per share.

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

Medpace updated its FY 2022 earnings guidance on Monday, August, 1st. The company provided earnings per share (EPS) guidance of $6.07-$6.36 for the period, compared to the consensus EPS estimate of $5.82. The company issued revenue guidance of $1.41 billion-$1.44 billion, compared to the consensus revenue estimate of $1.40 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?

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

What is Medpace's stock symbol?

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

Who are Medpace's major shareholders?

Medpace's stock is owned by a number of institutional and retail investors. Top institutional investors include Boston Trust Walden Corp (2.05%), Riverbridge Partners LLC (1.43%), Northern Trust Corp (1.24%), Renaissance Technologies LLC (1.14%), TD Asset Management Inc. (0.86%) and Loomis Sayles & Co. L P (0.78%). 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, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Medpace's stock price today?

One share of MEDP stock can currently be purchased for approximately $182.30.

How much money does Medpace make?

Medpace (NASDAQ:MEDP) has a market capitalization of $5.65 billion and generates $1.14 billion in revenue each year. The company earns $181.85 million in net income (profit) each year or $5.76 on an earnings per share basis.

How many employees does Medpace have?

The company employs 4,500 workers across the globe.

How can I contact Medpace?

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.

This page (NASDAQ:MEDP) was last updated on 8/13/2022 by MarketBeat.com Staff

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