Cracking The Code: Understanding Analyst Reviews For Medpace Hldgs

Analysts' ratings for Medpace Hldgs MEDP over the last quarter vary from bullish to bearish, as provided by 6 analysts.

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 2 0 0
Last 30D 0 0 0 0 0
1M Ago 0 0 0 0 0
2M Ago 2 1 2 0 0
3M Ago 0 1 0 0 0

Analysts have set 12-month price targets for Medpace Hldgs, revealing an average target of $419.33, a high estimate of $469.00, and a low estimate of $336.00. A decline of 6.23% from the prior average price target is evident in the current average.

price target chart

Decoding Analyst Ratings: A Detailed Look

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 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
Eric Coldwell Baird Raises Outperform $469.00 $456.00

Key Insights:

  • Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Medpace Hldgs. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, 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.

Discovering Medpace Hldgs: A Closer Look

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's Economic Impact: An Analysis

Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.

Positive Revenue Trend: Examining Medpace Hldgs's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 14.59% as of 30 June, 2024, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Health Care sector.

Net Margin: Medpace Hldgs's net margin excels beyond industry benchmarks, reaching 16.73%. This signifies efficient cost management and strong financial health.

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): Medpace Hldgs's ROA stands out, surpassing industry averages. With an impressive ROA of 4.76%, the company demonstrates effective utilization of assets and strong financial performance.

Debt Management: Medpace Hldgs's debt-to-equity ratio is below the industry average. With a ratio of 0.17, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.

The Significance of Analyst Ratings Explained

Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.

Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.

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

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