Banking

Medpace Holdings Stock At The Top Of Buy Range With Earnings On Deck

Medpace (MEDP) is in a potential buy range with its next earnings report scheduled for Apr. 26.

The medical stock is about 3% above a 177.22 buy point from a second-stage consolidation.




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Regarding top and bottom line numbers, the company has posted two quarters of increasing earnings growth. Revenue gains have also increased during the same period.

Analysts expect earnings growth of 31% for the quarter, and 14% growth for the full year. Annual growth estimates were recently revised higher.

Medpace stock has a 95 Composite Rating and holds the No. 1 rank among its peers in the Medical-Research Equipment/Services industry group. Bio-Techne (TECH) and Charles River Labs International (CRL) are also among the group’s highest-rated stocks.

Note: Dates for earnings reports are subject to change. Check the company’s website for any updates.

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