NASDAQ:MEDP - Medpace Stock Price, News & Analysis

$78.91
-1.03 (-1.29 %)
(As of 08/23/2019 04:00 PM ET)
Today's Range
$78.6150
Now: $78.91
$80.95
50-Day Range
$62.38
MA: $70.97
$81.64
52-Week Range
$45.88
Now: $78.91
$82.39
Volume240,665 shs
Average Volume620,685 shs
Market Capitalization$2.83 billion
P/E Ratio30.47
Dividend YieldN/A
Beta1.57
Medpace 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. Read More…

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$704.59 million
Cash Flow$3.4732 per share
Book Value$18.33 per share

Profitability

Net Income$73.18 million

Miscellaneous

Employees2,900
Market Cap$2.83 billion
Next Earnings Date11/4/2019 (Estimated)
OptionableOptionable

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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 Inc (NASDAQ:MEDP) issued its quarterly earnings results on Monday, July, 29th. The company reported $0.81 EPS for the quarter, topping analysts' consensus estimates of $0.63 by $0.18. The firm had revenue of $214.10 million for the quarter, compared to analysts' expectations of $200.99 million. Medpace had a return on equity of 17.65% and a net margin of 11.28%. The business's revenue for the quarter was up 25.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.61 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, November 4th 2019. View Earnings Estimates for Medpace.

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

Medpace issued an update on its FY19 earnings guidance on Monday, July, 29th. The company provided earnings per share guidance of $2.83-2.93 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.65. The company issued revenue guidance of $840-860 million, compared to the consensus revenue estimate of $827.58 million.

What price target have analysts set for MEDP?

4 brokerages have issued 1 year price targets for Medpace's shares. Their predictions range from $62.00 to $85.00. On average, they expect Medpace's stock price to reach $74.6667 in the next twelve months. This suggests that the stock has a possible downside of 5.4%. View Analyst Price Targets for Medpace.

What is the consensus analysts' recommendation for Medpace?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Medpace in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Medpace.

Has Medpace been receiving favorable news coverage?

Media headlines about MEDP stock have trended positive recently, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Medpace earned a daily sentiment score of 2.5 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 6.0 out of 10, meaning that recent press coverage is somewhat likely to have an effect on the stock's share price in the next few days. View News Stories for Medpace.

Are investors shorting Medpace?

Medpace saw a increase in short interest in the month of July. As of July 15th, there was short interest totalling 2,844,200 shares, an increase of 10.8% from the June 15th total of 2,567,300 shares. Based on an average daily trading volume, of 349,500 shares, the short-interest ratio is currently 8.1 days. Approximately 10.5% of the shares of the company are sold short. View Medpace's Current Options Chain.

Who are some of Medpace's key competitors?

What other stocks do shareholders of Medpace own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Medpace investors own include EXACT Sciences (EXAS), NVIDIA (NVDA), Alibaba Group (BABA), BioTelemetry (BEAT), Square (SQ), Cisco Systems (CSCO), Paycom Software (PAYC), Micron Technology (MU), Paypal (PYPL) and ABIOMED (ABMD).

Who are Medpace's key executives?

Medpace's management team includes the folowing people:
  • Dr. August James Troendle, Chairman, Pres & CEO (Age 63)
  • Mr. Jesse J. Geiger, CFO & Chief Operating Officer of Laboratory Operations (Age 45)
  • Ms. Susan E. Burwig, Exec. VP of Operations (Age 56)
  • Mr. Stephen P. Ewald, Gen. Counsel & Corp. Sec. (Age 50)
  • Mr. Todd Meyers, VP of Bus. Devel. & Marketing

When did Medpace IPO?

(MEDP) raised $150 million in an IPO 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.

Who are Medpace's major shareholders?

Medpace's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (12.64%), BlackRock Inc. (12.64%), Vanguard Group Inc. (10.19%), Wasatch Advisors Inc. (5.59%), Pendal Group Ltd (4.29%) and Acadian Asset Management LLC (3.45%). Company insiders that own Medpace stock include August J Troendle, Jesse J Geiger, Medpace Investors, Llc, Medpace Limited Partnership and Stephen P Ewald. View Institutional Ownership Trends for Medpace.

Which major investors are selling Medpace stock?

MEDP stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Bank of America Corp DE, Royal Bank of Canada, Acadian Asset Management LLC, D. E. Shaw & Co. Inc., ClariVest Asset Management LLC, Bernzott Capital Advisors and Chicago Equity Partners LLC. Company insiders that have sold Medpace company stock in the last year include August J Troendle, Jesse J Geiger, Medpace Investors, Llc, Medpace Limited Partnership and Stephen P Ewald. View Insider Buying and Selling for Medpace.

Which major investors are buying Medpace stock?

MEDP stock was bought by a variety of institutional investors in the last quarter, including Wasatch Advisors Inc., APG Asset Management N.V., BlackRock Inc., BlackRock Inc., Price T Rowe Associates Inc. MD, Invesco Ltd., Tributary Capital Management LLC and Marshall Wace LLP. View Insider Buying and Selling for Medpace.

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 $78.91.

How big of a company is Medpace?

Medpace has a market capitalization of $2.83 billion and generates $704.59 million in revenue each year. The company earns $73.18 million in net income (profit) each year or $2.59 on an earnings per share basis. Medpace employs 2,900 workers across the globe.View Additional Information About Medpace.

What is Medpace's official website?

The official website for Medpace is http://www.medpace.com/.

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 (NASDAQ MEDP)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  263 (Vote Outperform)
Underperform Votes:  239 (Vote Underperform)
Total Votes:  502
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.
This page was last updated on 8/24/2019 by MarketBeat.com Staff

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