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Medpace Holdings (MEDP)
NASDAQ:MEDP
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MEDP Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$277.72 - $459.77
Previous Close$337.28
Volume683.33K
Average Volume (3M)375.20K
Market Cap
$10.48B
Enterprise Value$9.95B
Total Cash (Recent Filing)$656.90M
Total Debt (Recent Filing)$128.28M
Price to Earnings (P/E)29.5
Beta1.67
Next Earnings
Feb 17, 2025EPS Estimate
$2.94Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)11.42
Shares Outstanding31,081,601
10 Day Avg. Volume250,515
30 Day Avg. Volume375,203
Standard Deviation0.12
R-Squared0.36
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)11.89
Price to Sales (P/S)5.06
Price to Cash Flow (P/CF)17.60
P/FCF Ratio18.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.81
Enterprise Value/Gross Profit18.98
Enterprise Value/Ebitda20.79
Forecast
1Y Price Target
$357.00Price Target Upside5.85% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
Medpace Holdings News
Bulls Say, Bears Say
Bulls Say
Cash FlowFree cash flow was strong, surpassing consensus estimates by a significant margin, indicating robust cash generation.
Client SentimentMEDP has also seen client sentiment meaningfully improve in recent months, which may be related in part to expected interest rate cuts.
Financial PerformanceMEDP's earnings per share and EBITDA significantly exceeded analyst expectations, driven by better-than-expected cost management.
Bears Say
Client And Funding ChallengesMEDP is experiencing heightened cancellations and slower trial starts as clients funded during the pandemic-fueled boom are running out of cash.
Market EnvironmentSeveral private and public CROs highlighted a softening biotech environment, leading to a downgrade on MEDP.
Revenue And BookingsSequential decline in book-to-bill and a year-over-year decline in bookings is likely worse than investor expectations.
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Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
MEDP FAQ
What was Medpace Holdings’s price range in the past 12 months?
Medpace Holdings lowest stock price was $277.72 and its highest was $459.77 in the past 12 months.
What is Medpace Holdings’s market cap?
Currently, no data Available
When is Medpace Holdings’s upcoming earnings report date?
Medpace Holdings’s upcoming earnings report date is Feb 17, 2025 which is in 57 days.
How were Medpace Holdings’s earnings last quarter?
Medpace Holdings released its earnings results on Oct 21, 2024. The company reported $3.01 earnings per share for the quarter, beating the consensus estimate of $2.771 by $0.239.
Is Medpace Holdings overvalued?
According to Wall Street analysts Medpace Holdings’s price is currently Undervalued.
Does Medpace Holdings pay dividends?
Medpace Holdings does not currently pay dividends.
What is Medpace Holdings’s EPS estimate?
Medpace Holdings’s EPS estimate is $2.94.
How many shares outstanding does Medpace Holdings have?
Medpace Holdings has 31,081,600 shares outstanding.
What happened to Medpace Holdings’s price movement after its last earnings report?
Medpace Holdings reported an EPS of $3.01 in its last earnings report, beating expectations of $2.771. Following the earnings report the stock price went down -7.475%.
Which hedge fund is a major shareholder of Medpace Holdings?
Among the largest hedge funds holding Medpace Holdings’s share is Iron Triangle Partners LP. It holds Medpace Holdings’s shares valued at 64M.
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Medpace Holdings Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$357.00 (5.85% Upside)
$357.00 (5.85% Upside)
Blogger Sentiment
Bullish
MEDP Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 147.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 2.5%
Last 30 Days ▼ 10.7%
Last 30 Days ▼ 10.7%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
11.26%
12-Months-Change
Fundamentals
Return on Equity
54.06%
Trailing 12-Months
Asset Growth
40.18%
Trailing 12-Months
Company Description
Medpace Holdings
Medpace Holdings, Inc. engages in the provision of outsourced clinical development services to the biotechnology, pharmaceutical and medical device industries. Its services include medical department, clinical trial management, data-driven feasibility, study-start-up, clinical monitoring, regulatory affairs, patient recruitment and retention, medical writing, biometrics and data sciences, pharmacovigilance, core laboratory, laboratories, clinics, and quality assurance. The company was founded by August James Troendle in July 1992 and is headquartered in Cincinnati, OH.
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MEDP Company Deck
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MEDP Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call reflects a mixed performance. While there is strong revenue growth, improved EBITDA margins, and increased cash flow, the company is experiencing challenges with elevated backlog cancellations, decreased net new business awards, and a decline in RFPs. The sentiment is balanced with significant positives but also notable negatives.Read More>---
MEDP Revenue Breakdown
31.13% Oncology
19.98% Metabolic
10.27% Cardiology
8.66% AVAI
29.95% Other
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MEDP Stock 12 Month Forecast
Average Price Target
$357.00
▲(5.85% Upside)
Technical Analysis
Best Analysts Covering MEDP
1 Year
1 Year Success Rate
1/3 ratings generated profit
1 Year Average Return
-8.10%
assigned a buy rating 2 months ago
Copying Charles Rhyee's trades and holding each position for 1 Year would result in 33.33% of your transactions generating a profit, with an average return of -8.10% per trade.
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