Medpace (MEDP) closed at $445.59 in the latest trading session, marking a -1.3% move from the prior day.
Investors looking for stocks in the Medical Services sector might want to consider either Labcorp Holdings (LH) or Medpace (MEDP). But which of these two stocks offers value investors a better bang for their buck right now?
Medpace's shares have sharply declined following a disappointing quarterly earnings report. A soft start to the year raises concerns about Medpace's near-term growth trajectory and operational momentum. The earnings miss may prompt investors to reassess MEDP's valuation and forward expectations.
| Professional Services Industry | Industrials Sector | August James Troendle CEO | XMEX Exchange | US58506Q1094 ISIN |
| US Country | 5,900 Employees | - Last Dividend | - Last Split | 11 Aug 2016 IPO Date |
Medpace Holdings, Inc., founded in 1992 and headquartered in Cincinnati, Ohio, is a key player in the provision of comprehensive clinical research services for the development of drugs and medical devices. Spanning its operations across North America, Europe, and Asia, the company supports pharmaceutical, biotechnology, and medical device industries through the entire clinical development process, from Phase I to Phase IV, across a wide range of therapeutic areas. Its aim is to facilitate the journey of bringing new and innovative treatments to market efficiently and effectively.