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Medpace Holdings (MEDP)
NASDAQ:MEDP
Medpace Holdings (MEDP) Stock Price & Analysis
489 Followers
MEDP Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$227.21 - $437.39
Previous Close$404.42
Volume119.94K
Average Volume (3M)213.79K
Market Cap
$12.49B
Enterprise Value$12.69B
Total Cash (Recent Filing)$39.14M
Total Debt (Recent Filing)$194.39M
Price to Earnings (P/E)41.2
Beta1.71
Next Earnings
Jul 22, 2024EPS Estimate
$2.53Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)9.81
Shares Outstanding30,983,399
10 Day Avg. Volume181,991
30 Day Avg. Volume213,792
Standard Deviation0.12
R-Squared0.36
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)-40.61
Price to Sales (P/S)8.57
Price to Cash Flow (P/CF)37.90
P/FCF Ratio41.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue7.58
Enterprise Value/Gross Profit29.33
Enterprise Value/Ebitda37.66
Forecast
1Y Price Target
$451.00Price Target Upside11.89% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
Medpace Holdings News
Bulls Say, Bears Say
Bulls Say
Debt ManagementMEDP has historically maintained very low debt relative to peers, and currently the company has no debt outstanding.
Financial PerformanceMEDP boasts industry-leading revenue, EBITDA, and EPS growth over the past five years, compared to the peer averages.
Market PositionIndustry checks were overwhelmingly positive on MEDP.
Bears Say
Backlog ConversionBacklog conversion dropped sequentially and year-over-year.
BookingsBookings could have been better, but this doesn’t concern the company.
HeadcountHeadcount was below model expectations and hiring targets were lowered.
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Ownership Overview
32.95% Insiders
27.66% Mutual Funds
19.78% Other Institutional Investors
19.61% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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MEDP FAQ
What was Medpace Holdings’s price range in the past 12 months?
Medpace Holdings lowest stock price was $227.21 and its highest was $437.39 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 Jul 22, 2024 which is in 19 days.
How were Medpace Holdings’s earnings last quarter?
Medpace Holdings released its earnings results on Apr 22, 2024. The company reported $3.2 earnings per share for the quarter, beating the consensus estimate of $2.466 by $0.734.
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 $2.53.
How many shares outstanding does Medpace Holdings have?
Medpace Holdings has 30,983,398 shares outstanding.
What happened to Medpace Holdings’s price movement after its last earnings report?
Medpace Holdings reported an EPS of $3.2 in its last earnings report, beating expectations of $2.466. Following the earnings report the stock price went up 8.21%.
Which hedge fund is a major shareholder of Medpace Holdings?
Among the largest hedge funds holding Medpace Holdings’s share is Fisher Asset Management LLC. It holds Medpace Holdings’s shares valued at 48M.
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Medpace Holdings Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$451.00 (11.89% Upside)
$451.00 (11.89% Upside)
Blogger Sentiment
Bullish
MEDP Sentiment 83%
Sector Average 71%
Sector Average 71%
Hedge Fund Trend
Decreased
By 36.8K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $64.2M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.0%
Last 30 Days ▲ 8.0%
Last 30 Days ▲ 8.0%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
68.38%
12-Months-Change
Fundamentals
Return on Equity
61.31%
Trailing 12-Months
Asset Growth
28.66%
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
Q1 2024
0:00 / 0:00
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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
$451.00
▲(11.89% Upside)
Technical Analysis
Best Analysts Covering MEDP
1 Year
1 Year Success Rate
3/5 ratings generated profit
1 Year Average Return
+18.06%
upgraded a buy rating 2 months ago
Copying Eric Coldwell's trades and holding each position for 1 Year would result in 60.00% of your transactions generating a profit, with an average return of +18.06% per trade.
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