Media coverage about Medpace (NASDAQ:MEDP) has trended somewhat positive on Friday, Accern reports. Accern rates the sentiment of media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Medpace earned a coverage optimism score of 0.22 on Accern’s scale. Accern also assigned headlines about the company an impact score of 46.373728864858 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Shares of Medpace (NASDAQ MEDP) opened at $36.85 on Friday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.68 and a current ratio of 0.68. Medpace has a 12-month low of $21.76 and a 12-month high of $39.64. The company has a market capitalization of $1,400.65, a P/E ratio of 54.19, a P/E/G ratio of 1.67 and a beta of -1.04.
Medpace (NASDAQ:MEDP) last issued its quarterly earnings results on Monday, October 30th. The company reported $0.40 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.36 by $0.04. Medpace had a return on equity of 10.00% and a net margin of 6.44%. The firm had revenue of $98.68 million during the quarter, compared to analysts’ expectations of $96.84 million. During the same period in the previous year, the business earned $0.40 earnings per share. The firm’s revenue for the quarter was up 4.1% on a year-over-year basis. analysts predict that Medpace will post 1.5 EPS for the current fiscal year.
In related news, major shareholder Medpace Limited Partnership sold 4,600,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 5th. The stock was sold at an average price of $30.16, for a total transaction of $138,736,000.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 25.80% of the stock is currently owned by insiders.
TRADEMARK VIOLATION NOTICE: This story was published by Sports Perspectives and is the sole property of of Sports Perspectives. If you are viewing this story on another domain, it was illegally copied and reposted in violation of United States and international copyright and trademark laws. The original version of this story can be accessed at https://sportsperspectives.com/2018/01/05/medpace-medp-receiving-somewhat-favorable-press-coverage-accern-reports.html.
Medpace Company Profile
Medpace Holdings, Inc is a clinical contract research organization. The Company provides clinical research-based drug and medical device development services. The Company partners with pharmaceutical, biotechnology, and medical device companies in the development and execution of clinical trials. The Company’s drug development services focus 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.
Receive News & Ratings for Medpace Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Medpace and related companies with MarketBeat.com's FREE daily email newsletter.