Medpace - MEDP Stock Forecast, Price & News

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Medpace in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street equities 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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1 equities research analysts have issued 12 month price objectives for Medpace's shares. Their MEDP share price forecasts range from $175.00 to $175.00. On average, they predict the company's stock price to reach $175.00 in the next year. This suggests that the stock has a possible downside of 0.9%.
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Medpace's stock was trading at $217.64 on January 1st, 2022. Since then, MEDP stock has decreased by 18.8% and is now trading at $176.67.
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The company is scheduled to release its next quarterly earnings announcement on Monday, October 24th 2022.
View our MEDP earnings forecast.

Medpace Holdings, Inc. (NASDAQ:MEDP) released its quarterly earnings data on Monday, July, 25th. The company reported $1.46 earnings per share for the quarter, beating the consensus estimate of $1.33 by $0.13. The business had revenue of $351.21 million for 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%. Medpace's quarterly revenue was up 26.2% on a year-over-year basis. During the same quarter last year, the business posted $1.06 EPS.

Medpace updated its FY 2022 earnings guidance on Monday, August, 1st. The company provided earnings per share guidance of $6.07-$6.36 for the period, compared to the consensus 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.

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 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.

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

Medpace's stock is owned by many different institutional and retail investors. Top institutional shareholders include Boston Trust Walden Corp (2.05%), Riverbridge Partners LLC (1.43%), TD Asset Management Inc. (0.86%), Loomis Sayles & Co. L P (0.78%), Eagle Asset Management Inc. (0.67%) and Rice Hall James & Associates LLC (0.60%). 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.
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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 $176.67.

Medpace (NASDAQ:MEDP) has a market capitalization of $5.48 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.

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.