Medpace Holdings, Inc. (MEDP)
NASDAQ: MEDP · IEX Real-Time Price · USD
421.31
-2.65 (-0.63%)
At close: Jul 19, 2024, 4:00 PM
424.95
+3.64 (0.86%)
Pre-market: Jul 22, 2024, 7:04 AM EDT
Medpace Holdings Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Medpace Holdings stock have an average target of 449.29, with a low estimate of 395 and a high estimate of 480. The average target predicts an increase of 6.64% from the current stock price of 421.31.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for MEDP stock from 7 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 3 | 5 | 5 | 5 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 4 | 5 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Baird | Baird | Buy Maintains $456 → $469 | Buy | Maintains | $456 → $469 | +11.32% | Jul 8, 2024 |
| TD Cowen | TD Cowen | Strong Buy Initiates $452 | Strong Buy | Initiates | $452 | +7.28% | May 29, 2024 |
| Mizuho | Mizuho | Strong Buy Initiates $435 | Strong Buy | Initiates | $435 | +3.25% | May 28, 2024 |
| Guggenheim | Guggenheim | Strong Buy Maintains $453 → $464 | Strong Buy | Maintains | $453 → $464 | +10.13% | Apr 24, 2024 |
| Baird | Baird | Buy Maintains $446 → $454 | Buy | Maintains | $446 → $454 | +7.76% | Apr 24, 2024 |
Financial Forecast
Revenue This Year
2.21B
from 1.89B
Increased by 17.35%
Revenue Next Year
2.57B
from 2.21B
Increased by 16.22%
EPS This Year
11.47
from 8.88
Increased by 29.14%
EPS Next Year
13.41
from 11.47
Increased by 16.91%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.3B | 2.7B | 3.2B | 3.7B | 4.4B |
| Avg | 2.2B | 2.6B | 3.0B | 3.4B | 4.0B |
| Low | 2.1B | 2.4B | 2.7B | 3.1B | 3.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 21.5% | 21.3% | 23.4% | 25.6% | 29.2% |
| Avg | 17.3% | 16.2% | 15.2% | 13.8% | 17.1% |
| Low | 12.0% | 8.4% | 6.6% | 3.9% | 4.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 11.98 | 14.12 | 17.64 | 17.98 | 20.32 |
| Avg | 11.47 | 13.41 | 15.77 | 17.46 | 19.74 |
| Low | 10.87 | 12.50 | 14.27 | 16.78 | 18.96 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 35.0% | 23.1% | 31.6% | 14.0% | 16.3% |
| Avg | 29.1% | 16.9% | 17.6% | 10.8% | 13.0% |
| Low | 22.4% | 9.0% | 6.4% | 6.4% | 8.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.