Medpace Holdings, Inc. (MEDP) Reaches $40.92 After 3.00% Down Move; Tuesday Morning (TUES) Shorts Lowered By 5.67%

May 16, 2018 - By Clifton Ray

Tuesday Morning Corporation (NASDAQ:TUES) Logo

The stock of Medpace Holdings, Inc. (NASDAQ:MEDP) is a huge mover today! The stock decreased 1.52% or $0.63 during the last trading session, reaching $40.92. About 270,448 shares traded. Medpace Holdings, Inc. (NASDAQ:MEDP) has risen 32.65% since May 16, 2017 and is uptrending. It has outperformed by 21.10% the S&P500.The move comes after 5 months negative chart setup for the $1.53 billion company. It was reported on May, 16 by Barchart.com. We have $39.69 PT which if reached, will make NASDAQ:MEDP worth $45.90M less.

Tuesday Morning Corp (NASDAQ:TUES) had a decrease of 5.67% in short interest. TUES’s SI was 10.91M shares in May as released by FINRA. Its down 5.67% from 11.56 million shares previously. With 331,300 avg volume, 33 days are for Tuesday Morning Corp (NASDAQ:TUES)’s short sellers to cover TUES’s short positions. The SI to Tuesday Morning Corp’s float is 31.59%. The stock increased 2.70% or $0.07 during the last trading session, reaching $2.85. About 297,164 shares traded. Tuesday Morning Corporation (NASDAQ:TUES) has risen 9.72% since May 16, 2017 and is uptrending. It has underperformed by 1.83% the S&P500.

Analysts await Medpace Holdings, Inc. (NASDAQ:MEDP) to report earnings on July, 30. They expect $0.41 EPS, up 7.89% or $0.03 from last year’s $0.38 per share. MEDP’s profit will be $15.33M for 24.95 P/E if the $0.41 EPS becomes a reality. After $0.60 actual EPS reported by Medpace Holdings, Inc. for the previous quarter, Wall Street now forecasts -31.67% negative EPS growth.

Medpace Holdings, Inc. provides scientifically-driven outsourced clinical development services to the biotechnology, pharmaceutical, and medical device industries worldwide. The company has market cap of $1.53 billion. The firm offers a suite of services supporting the clinical development process from Phase I to Phase IV in a range of therapeutic areas. It has a 41.76 P/E ratio. The Company’s services include medical affairs, clinical trial management, study feasibility, study start-up, clinical monitoring, global regulatory affairs, medical writing, biometrics, pharmacovigilance, core laboratory, and quality assurance.

More recent Medpace Holdings, Inc. (NASDAQ:MEDP) news were published by: Seekingalpha.com which released: “Medpace Holdings 2018 Q1 – Results – Earnings Call Slides” on May 02, 2018. Also Seekingalpha.com published the news titled: “Medpace Holdings’ (MEDP) CEO August Troendle on Q1 2018 Results – Earnings Call Transcript” on May 01, 2018. Bizjournals.com‘s news article titled: “Medpace stock dips as it reveals secondary offering” with publication date: May 03, 2018 was also an interesting one.

Among 5 analysts covering Medpace Holdings Inc. – Common Stock (NASDAQ:MEDP), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. Medpace Holdings Inc. – Common Stock has $35 highest and $32.50 lowest target. $34.38’s average target is -15.98% below currents $40.92 stock price. Medpace Holdings Inc. – Common Stock had 5 analyst reports since September 6, 2016 according to SRatingsIntel. The stock has “Neutral” rating by Robert W. Baird on Tuesday, September 6. The firm earned “Outperform” rating on Tuesday, September 6 by Credit Suisse. The rating was initiated by Wells Fargo with “Outperform” on Tuesday, September 6. Jefferies initiated the shares of MEDP in report on Tuesday, September 6 with “Hold” rating. The firm earned “Buy” rating on Tuesday, September 6 by UBS.

Tuesday Morning Corporation operates as a retailer of upscale decorative home accessories, housewares, seasonal goods, and gifts in the United States. The company has market cap of $130.88 million. The firm offers various products, such as home textiles, home furnishings, housewares, and seasonal décor. It currently has negative earnings. It operates approximately 720 stores in 40 states.

More news for Tuesday Morning Corporation (NASDAQ:TUES) were recently published by: Globenewswire.com, which released: “Tuesday Morning Corporation Announces Third Quarter Fiscal 2018 Results” on May 03, 2018. Seekingalpha.com‘s article titled: “Tuesday Morning’s (TUES) CEO Steven Becker on Q3 2018 Results – Earnings Call Transcript” and published on May 06, 2018 is yet another important article.

Among 4 analysts covering Tuesday Morning (NASDAQ:TUES), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. Tuesday Morning had 8 analyst reports since August 24, 2015 according to SRatingsIntel. The rating was downgraded by Zacks to “Buy” on Wednesday, August 26. B. Riley & Co initiated the stock with “Neutral” rating in Tuesday, January 26 report. The rating was upgraded by Stifel Nicolaus to “Buy” on Monday, August 24. The firm has “Hold” rating by Johnson Rice given on Wednesday, January 18. Stifel Nicolaus maintained the shares of TUES in report on Monday, May 2 with “Buy” rating. The stock of Tuesday Morning Corporation (NASDAQ:TUES) earned “Neutral” rating by B. Riley & Co on Friday, August 25. The firm earned “Hold” rating on Friday, August 21 by Zacks.

Investors sentiment increased to 1.11 in 2017 Q4. Its up 0.27, from 0.84 in 2017Q3. It increased, as 11 investors sold Tuesday Morning Corporation shares while 17 reduced holdings. 16 funds opened positions while 15 raised stakes. 31.16 million shares or 4.27% less from 32.55 million shares in 2017Q3 were reported. Group One Trading Ltd Partnership reported 2,200 shares stake. 63,926 were reported by Wells Fargo Co Mn. Acadian Asset Limited Liability holds 0% of its portfolio in Tuesday Morning Corporation (NASDAQ:TUES) for 3,054 shares. Millennium Management Lc has 610,747 shares. Thompson Siegel Walmsley Ltd Liability Com owns 0% invested in Tuesday Morning Corporation (NASDAQ:TUES) for 3,400 shares. Boston Prns has invested 0% of its portfolio in Tuesday Morning Corporation (NASDAQ:TUES). Millrace Asset Incorporated stated it has 1.78% of its portfolio in Tuesday Morning Corporation (NASDAQ:TUES). Brandes Investment Partners Ltd Partnership has invested 0% of its portfolio in Tuesday Morning Corporation (NASDAQ:TUES). Grace White Inc Ny accumulated 1.66 million shares. Meeder Asset Management Inc accumulated 970 shares. California Pub Employees Retirement has 419,931 shares. Stone Ridge Asset Management Ltd reported 0.01% of its portfolio in Tuesday Morning Corporation (NASDAQ:TUES). Paragon And Paragon Ii Joint Venture has invested 0.37% in Tuesday Morning Corporation (NASDAQ:TUES). Jpmorgan Chase & stated it has 0% in Tuesday Morning Corporation (NASDAQ:TUES). Manatuck Hill Prns Ltd holds 100,000 shares.

Tuesday Morning Corporation (NASDAQ:TUES) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


>