# Medpace Holdings, Inc. – Consensus ‘buy’ rating and -1.0% Downside Potential

- Link: https://www.directorstalkinterviews.com/medpace-holdings-inc.consensus-buy-rating-and-1.0-downside-potential/4121130943
- Published: 2023-10-26T13:40:35+01:00
- Author: Charlotte Edwards

**Medpace Holdings, Inc.** with ticker code (MEDP) have now 4 confirmed analysts
covering the stock with the consensus suggesting a rating of ‘buy’. The range between
the high target price and low target price is between 273 and 265 with the average
target price sitting at $269.50. Now with the previous closing price of $272.28 
this would imply there is a potential downside of -1.0%. It’s also worth noting 
that there is a 50 day moving average of $253.67 and the 200 day MA is $225.63. 
The market cap for the company is 7.93B. The stock price for the company is currently
258.52 USD

 The potential market cap would be $7,851,427,191 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 30.34, revenue per share of 57.77
and a 14.47% 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.

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