Medpace Holdings, Inc. which can be found using ticker (MEDP) have now 10 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $404.00 and $296.00 calculating the average target price we see $349.32. Given that the stocks previous close was at $310.63 this would indicate that there is a potential upside of 12.5%. It’s also worth noting that there is a 50 day moving average of $340.90 and the 200 day moving average is $378.85. The company has a market capitalization of 9.65B. Currently the stock stands at: $308.93 USD
The potential market cap would be $10,857,504,838 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 27.03, revenue per share of $67.02 and a 14.31% return on assets.
Medpace Holdings, Inc. is a global provider of clinical research-based drug and medical device development services. The Company is focused on providing scientifically driven outsourced clinical development services to the biotechnology, pharmaceutical and medical device industries. The Company partners with pharmaceutical, biotechnology, and medical device companies in the development and execution of clinical trials. The Company’s drug development services focuses on full-service Phase I-IV clinical development services and include 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. It also provides bio-analytical laboratory services, clinical human pharmacology, imaging services, and electrocardiography reading support for clinical trials. Its operations are based in North America, Europe, and Asia.
