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Medpace Holdings Inc

Medpace Holdings Inc Stock Forecast & Price Prediction

Live Medpace Holdings Inc Stock (MEDP) Price
$351.67

7

Ratings

  • Buy 1
  • Hold 6
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$351.67

P/E Ratio

36.10

Volume Traded Today

$308,317

Dividend

Dividends not available for MEDP

52 Week High/low

459.77/227.21

Medpace Holdings Inc Market Cap

$11.88B

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MEDP Summary

The Medpace Holdings Inc (MEDP) share price is expected to increase by 15.71% over the next year. This is based on calculating the average 12-month share price estimate provided by 7 stock analysts who have covered MEDP. Price targets range from $336 at the low end to $435 at the high end. The current analyst consensus for MEDP is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

MEDP Analyst Ratings

MEDP is a stock in Health Care which has been forecasted to be worth $406.91 as an average. On the higher end, the forecast price is $435 USD by Ann Hynes from Mizuho and on the lower end MEDP is forecasted to be $336 by Justin Bowers from Deutsche Bank.

MEDP stock forecast by analyst

These are the latest 20 analyst ratings of MEDP.

Analyst/Firm

Rating

Price Target

Change

Date

Jailendra Singh
Truist Securities

Hold

$415

Initiates

Aug 1, 2024
Eric Coldwell
Baird

Outperform

$430

Maintains

Jul 24, 2024
Sandy Draper
Guggenheim

Buy

$432

Maintains

Jul 24, 2024
Justin Bowers
Deutsche Bank

Hold

$336

Maintains

Jul 24, 2024
Charles Rhyee
TD Cowen

Buy

$434

Maintains

Jul 24, 2024
Max Smock
William Blair

Outperform


Reiterates

Jul 23, 2024
Eric Coldwell
Baird

Outperform

$469

Maintains

Jul 8, 2024
Charles Rhyee
TD Cowen

Buy

$452

Initiates

May 29, 2024
Ann Hynes
Mizuho

Buy

$435

Initiates

May 28, 2024
Sandy Draper
Guggenheim

Buy

$464

Maintains

Apr 24, 2024
Eric Coldwell
Baird

Outperform

$454

Maintains

Apr 24, 2024
David Windley
Jefferies

Buy

$450

Upgrade

Apr 23, 2024
Justin Bowers
Deutsche Bank

Hold

$395

Initiates

Mar 18, 2024
John Sourbeer
UBS

Buy

$480

Maintains

Mar 8, 2024
John Sourbeer
UBS

Buy

$452

Upgrade

Feb 15, 2024
Eric Coldwell
Baird

Outperform

$408

Maintains

Feb 14, 2024
Eric Coldwell
Baird

Outperform

$312

Maintains

Jan 17, 2024
Eric Coldwell
Baird

Outperform

$289

Upgrade

Oct 24, 2023
Sandy Draper
Guggenheim

Buy

$273

Maintains

Jul 25, 2023
Sandy Draper
Guggenheim

Buy

$252

Upgrade

May 8, 2023

MEDP Company Information

  • Company Name: Medpace Holdings, Inc.
  • Founded: 1992
  • Headquarters: Cincinnati, Ohio
  • Geographic Reach: North America, Europe, and Asia
  • Industry: Clinical research-based drug and medical device development services
  • Service Offerings:
    • Clinical development process support from Phase I to Phase IV
    • Development plan design
    • Coordinated central laboratory services
    • Project management
    • Regulatory affairs
    • Clinical monitoring
    • Data management and analysis
    • Pharmacovigilance
    • New drug application submissions
    • Post-marketing clinical support services
    • Bio-analytical laboratory services
    • Clinical human pharmacology
    • Imaging services
    • Electrocardiography reading support for clinical trials
  • Target Markets: Pharmaceutical, biotechnology, and medical device industries
MEDP
Medpace Holdings Inc (MEDP)

When did it IPO

2016

Staff Count

5,800

Country

United States

Sector/Industry

Healthcare/Diagnostics & Research

CEO

Dr. August James Troendle M.D.

Market Cap

$11.88B

Medpace Holdings Inc (MEDP) Financial Data

In 2023, MEDP generated $1.89B in revenue, which was a increase of 29.17% from the previous year. This can be seen as a signal that MEDP's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$925.9M

Revenue From 2021

$1.14B

23.38 %
From Previous Year

Revenue From 2022

$1.46B

27.80 %
From Previous Year

Revenue From 2023

$1.89B

29.17 %
From Previous Year
  • Revenue TTM $2.03B
  • Operating Margin TTM 19.9%
  • Gross profit TTM $524.5M
  • Return on assets TTM 14.3%
  • Return on equity TTM 58.9%
  • Profit Margin 16.7%
  • Book Value Per Share 24.69%
  • Market capitalisation $11.88B
  • Revenue for 2021 $1.14B
  • Revenue for 2022 $1.46B
  • Revenue for 2023 $1.89B
  • EPS this year (TTM) $10.62

Medpace Holdings Inc (MEDP) Latest News

News Image

Tue, 10 Sep 2024

Sentiment - NEUTRAL

Source - Accesswire

Summary - The Schall Law Firm is investigating Medpace Holdings, Inc. for potential securities law violations, including possible misleading statements affecting investors.

Why It Matters - Medpace Holdings faces potential legal issues due to alleged securities law violations, which could impact its stock price and investor confidence.

News Image

Wed, 11 Sep 2024

Sentiment - NEUTRAL

Source - Accesswire

Summary - The Schall Law Firm is investigating Medpace Holdings, Inc. for potential securities law violations, including false or misleading statements affecting investors.

Why It Matters - The investigation into Medpace for potential securities law violations may lead to legal liabilities, impacting its stock value and investor confidence.

News Image

Wed, 11 Sep 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Analyst recommendations significantly impact stock prices, influencing investor decisions to buy, sell, or hold, according to media reports on rating changes.

Why It Matters - Analyst recommendations can significantly sway stock prices, impacting investment decisions and market sentiment, making them crucial for timing buy, sell, or hold strategies.

News Image

Tue, 10 Sep 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - HealthEquity (HQY) and Medpace (MEDP) are notable stocks in the Medical Services sector, attracting investor interest for potential undervaluation.

Why It Matters - Investors can identify potential undervalued stocks in the Medical Services sector by comparing HealthEquity and Medpace, which may lead to better investment decisions and returns.

News Image

Sat, 07 Sep 2024

Sentiment - NEUTRAL

Source - Accesswire

Summary - The Schall Law Firm is investigating Medpace Holdings, Inc. for potential securities law violations, including possible false statements and undisclosed information relevant to investors.

Why It Matters - The investigation into Medpace for potential securities law violations could signal legal risks, impact stock valuation, and affect investor confidence, influencing trading decisions.

News Image

Mon, 09 Sep 2024

Sentiment - NEUTRAL

Source - Accesswire

Summary - Schall Law Firm is investigating Medpace Holdings, Inc. for potential securities law violations, including false statements and undisclosed information affecting investors.

Why It Matters - Investigations into Medpace for potential securities law violations could impact stock value, investor confidence, and lead to legal repercussions, affecting investment decisions.

...

MEDP Frequently asked questions

The highest forecasted price for MEDP is $435 from Ann Hynes at Mizuho.

The lowest forecasted price for MEDP is $336 from Justin Bowers from Deutsche Bank

The MEDP analyst ratings consensus are 1 buy ratings, 6 hold ratings, and 0 sell ratings.