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NASDAQ:MEDP

Medpace (MEDP) Stock Price, News & Analysis

$402.99
+7.04 (+1.78%)
(As of 04:27 PM ET)
Today's Range
$394.41
$403.60
50-Day Range
$372.00
$407.77
52-Week Range
$216.87
$421.00
Volume
135,873 shs
Average Volume
229,547 shs
Market Capitalization
$12.48 billion
P/E Ratio
41.08
Dividend Yield
N/A
Price Target
$443.14

Medpace MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.86 Rating Score
Upside/​Downside
11.1% Upside
$443.14 Price Target
Short Interest
Bearish
3.66% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.62
Upright™ Environmental Score
News Sentiment
1.54mentions of Medpace in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$11.82 M Sold Last Quarter
Proj. Earnings Growth
16.30%
From $11.29 to $13.13 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.88 out of 5 stars

Medical Sector

25th out of 913 stocks

Commercial Physical Research Industry

1st out of 10 stocks

MEDP stock logo

About Medpace Stock (NASDAQ:MEDP)

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

MEDP Stock Price History

MEDP Stock News Headlines

New way to “hijack” stocks
We may have just found a unique way to “hijack” the stock market… No, it’s not a matter of picking the next Amazon or guessing on the next A.I. moonshot like NVDA… Options expert, Nate Tucci, claims as long as you deploy a certain type of trade before the end of the week anyone could have a shot to target right around $1,250 in a matter of days (based on $2.5k invested) But that’s not even the best part… Unlike most methods, you don’t need to even know WHEN to exit this trade…
Medpace (NASDAQ:MEDP) Downgraded by StockNews.com
Medpace: Clear Winner If China Blockade Succeeds
New way to “hijack” stocks
We may have just found a unique way to “hijack” the stock market… No, it’s not a matter of picking the next Amazon or guessing on the next A.I. moonshot like NVDA… Options expert, Nate Tucci, claims as long as you deploy a certain type of trade before the end of the week anyone could have a shot to target right around $1,250 in a matter of days (based on $2.5k invested) But that’s not even the best part… Unlike most methods, you don’t need to even know WHEN to exit this trade…
Jefferies Reaffirms Their Buy Rating on Medpace Holdings (MEDP)
Q1 2024 Medpace Holdings Inc Earnings Call
Decoding 5 Analyst Evaluations For Medpace Hldgs
See More Headlines
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Company Calendar

Last Earnings
4/22/2024
Today
6/18/2024
Next Earnings (Estimated)
7/22/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Commercial physical research
Sub-Industry
N/A
Current Symbol
NASDAQ:MEDP
Employees
5,900
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$443.14
High Stock Price Target
$464.00
Low Stock Price Target
$395.00
Potential Upside/Downside
+10.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.86
Research Coverage
7 Analysts

Profitability

Net Income
$282.81 million
Pretax Margin
18.47%

Debt

Sales & Book Value

Annual Sales
$1.89 billion
Cash Flow
$10.22 per share
Book Value
$18.22 per share

Miscellaneous

Free Float
24,693,000
Market Cap
$12.38 billion
Optionable
Optionable
Beta
1.39
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MEDP Stock Analysis - Frequently Asked Questions

Should I buy or sell Medpace stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Medpace in the last year. There are currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" MEDP shares.
View MEDP analyst ratings
or view top-rated stocks.

What is Medpace's stock price target for 2024?

7 Wall Street research analysts have issued 12-month price targets for Medpace's stock. Their MEDP share price targets range from $395.00 to $464.00. On average, they predict the company's share price to reach $443.14 in the next twelve months. This suggests a possible upside of 11.1% from the stock's current price.
View analysts price targets for MEDP
or view top-rated stocks among Wall Street analysts.

How have MEDP shares performed in 2024?

Medpace's stock was trading at $306.53 at the beginning of the year. Since then, MEDP stock has increased by 30.1% and is now trading at $398.81.
View the best growth stocks for 2024 here
.

When is Medpace's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, July 22nd 2024.
View our MEDP earnings forecast
.

How were Medpace's earnings last quarter?

Medpace Holdings, Inc. (NASDAQ:MEDP) announced its quarterly earnings results on Monday, April, 22nd. The company reported $3.20 EPS for the quarter, topping the consensus estimate of $2.45 by $0.75. The firm earned $511 million during the quarter, compared to analyst estimates of $512.39 million. Medpace had a net margin of 15.92% and a trailing twelve-month return on equity of 59.74%. Medpace's revenue for the quarter was up 17.7% on a year-over-year basis. During the same period in the previous year, the business earned $2.27 earnings per share.

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

Medpace issued an update on its FY 2024 earnings guidance on Monday, April, 22nd. The company provided earnings per share guidance of 10.790-11.470 for the period, compared to the consensus earnings per share estimate of 10.610. The company issued revenue guidance of $2.2 billion-$2.2 billion, compared to the consensus revenue estimate of $2.2 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?

Medpace (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 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 many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (8.08%), Wasatch Advisors LP (3.15%), Riverbridge Partners LLC (1.96%), TD Asset Management Inc (1.85%), Epoch Investment Partners Inc. (1.31%) and Bessemer Group Inc. (1.27%). Insiders that own company stock include Ashley M Keating, August J Troendle, August J Troendle, Kevin M Brady, Medpace Investors, Llc, Peter J O'malley, Robert O Kraft, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:MEDP) was last updated on 6/18/2024 by MarketBeat.com Staff

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