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Added to YB: 2024-08-23

Pitch date: 2024-08-14

MEDP [bullish]

Medpace Holdings, Inc.

+44.11%

current return

Author Info

No bio for this author

Company Info

Medpace Holdings, Inc. provides clinical research-based drug and medical device development services in North America, Europe, and Asia.

Market Cap

$15.4B

Pitch Price

$388.00

Price Target

N/A

Dividend

N/A

EV/EBITDA

26.28

P/E

38.18

EV/Sales

6.44

Sector

Life Sciences Tools and Services

Category

growth

Show full summary:
Medpace: investing in an eternal human

MEDP: Leading CRO with 38.9% CAGR since IPO. Comprehensive clinical trial services, strong in oncology. High ROE/ROIC, 100%+ cash conversion. Global expertise, reputation moat. Risks: contract renewals, funding sensitivity. Slightly overvalued but confident in management. Initiated 1/3 position for long-term growth.

Read full article (8 min)