Medpace Holdings Inc (NASDAQ: MEDP) kicked off on Friday, down -7.23% from the previous trading day, before settling in for the closing price of $334.84. Over the past 52 weeks, MEDP has traded in a range of $268.80-$459.77.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 22.02%. While this was happening, its average annual earnings per share was recorded 33.76%. With a float of $25.52 million, this company’s outstanding shares have now reached $30.68 million.
Considering the fact that the conglomerate employs 5900 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 29.34%, operating margin of 19.74%, and the pretax margin is 20.9%.
Medpace Holdings Inc (MEDP) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Diagnostics & Research Industry. The insider ownership of Medpace Holdings Inc is 17.76%, while institutional ownership is 82.68%. The most recent insider transaction that took place on Aug 22 ’24, was worth 1,700,848. In this transaction Director of this company sold 4,353 shares at a rate of $390.73, taking the stock ownership to the 520 shares. Before that another transaction happened on Aug 23 ’24, when Company’s Director sold 3,774 for $390.73, making the entire transaction worth $1,474,615. This insider now owns 520 shares in total.
Medpace Holdings Inc (MEDP) Recent Fiscal highlights
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 2.48 earnings per share (EPS), lower than consensus estimate (set at 2.52) by -0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.09 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 33.76% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 15.15% during the next five years compared to 35.06% growth over the previous five years of trading.
Medpace Holdings Inc (NASDAQ: MEDP) Trading Performance Indicators
Take a look at Medpace Holdings Inc’s (MEDP) current performance indicators. Last quarter, stock had a quick ratio of 0.99. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.33. Likewise, its price to free cash flow for the trailing twelve months is 16.72.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 11.42, a number that is poised to hit 2.94 in the next quarter and is forecasted to reach 12.53 in one year’s time.
Technical Analysis of Medpace Holdings Inc (MEDP)
Compared to the last year’s volume of 0.28 million, its volume of 0.42 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 40.60%. Additionally, its Average True Range was 14.46.
During the past 100 days, Medpace Holdings Inc’s (MEDP) raw stochastic average was set at 5.46%, which indicates a significant increase from 0.55% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 63.99% in the past 14 days, which was higher than the 53.89% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $341.51, while its 200-day Moving Average is $378.78. Nevertheless, the first resistance level for the watch stands at $325.13 in the near term. At $339.62, the stock is likely to face the second major resistance level. The third major resistance level sits at $347.04. If the price goes on to break the first support level at $303.22, it is likely to go to the next support level at $295.80. Now, if the price goes above the second support level, the third support stands at $281.31.
Medpace Holdings Inc (NASDAQ: MEDP) Key Stats
The company with the Market Capitalisation of 8.96 billion has total of 31,082K Shares Outstanding. Its annual sales at the moment are 1,886 M in contrast with the sum of 282,810 K annual income. Company’s last quarter sales were recorded 533,320 K and last quarter income was 96,430 K.
