Cracking The Code: Understanding Analyst Reviews For Medpace Hldgs

Medpace Hldgs MEDP underwent analysis by 9 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.

The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 2 2 5 0 0
Last 30D 0 0 1 0 0
1M Ago 0 1 2 0 0
2M Ago 0 0 0 0 0
3M Ago 2 1 2 0 0

Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $394.67, with a high estimate of $434.00 and a low estimate of $336.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 8.75%.

price target chart

Investigating Analyst Ratings: An Elaborate Study

A clear picture of Medpace Hldgs's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Jailendra Singh Truist Securities Lowers Hold $397.00 $415.00
Dan Leonard UBS Lowers Neutral $350.00 $420.00
David Windley Jefferies Lowers Hold $345.00 $415.00
Eric Coldwell Baird Lowers Outperform $413.00 $430.00
Jailendra Singh Truist Securities Announces Hold $415.00 -
Sandy Draper Guggenheim Lowers Buy $432.00 $464.00
Eric Coldwell Baird Lowers Outperform $430.00 $469.00
Justin Bowers Deutsche Bank Lowers Hold $336.00 $395.00
Charles Rhyee TD Cowen Lowers Buy $434.00 $452.00

Key Insights:

  • Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Medpace Hldgs. This insight gives a snapshot of analysts' perspectives on the current state of the company.
  • Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Medpace Hldgs compared to the broader market.
  • Price Targets: Analysts predict movements in price targets, offering estimates for Medpace Hldgs's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.

Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Medpace Hldgs's market standing. Stay informed and make data-driven decisions with our Ratings Table.

Stay up to date on Medpace Hldgs analyst ratings.

Delving into Medpace Hldgs's Background

Medpace is a late-stage contract research organization that provides full-service drug-development and clinical trial services to small and midsize biotechnology, pharmaceutical, and medical-device firms. It also offers ancillary services such as bioanalytical laboratory services and imaging capabilities. The company was founded over 30 years ago and has over 5,400 employees across 40 countries. Medpace is headquartered in Cincinnati and its operations are principally based in the us, but it also operates in Europe, Asia, South America, Africa, and Australia. Cinven, a global private equity firm, acquired Medpace for $915 million in 2014 and exited its investment in 2018.

Medpace Hldgs: Delving into Financials

Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.

Revenue Growth: Medpace Hldgs's remarkable performance in 3 months is evident. As of 30 June, 2024, the company achieved an impressive revenue growth rate of 14.59%. This signifies a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Health Care sector.

Net Margin: Medpace Hldgs's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 16.73%, the company showcases strong profitability and effective cost management.

Return on Equity (ROE): Medpace Hldgs's ROE excels beyond industry benchmarks, reaching 12.31%. This signifies robust financial management and efficient use of shareholder equity capital.

Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 4.76%, the company showcases effective utilization of assets.

Debt Management: With a below-average debt-to-equity ratio of 0.17, Medpace Hldgs adopts a prudent financial strategy, indicating a balanced approach to debt management.

Analyst Ratings: Simplified

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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