How can Medidata Solutions Inc. (NASDAQ:MDSO) punish you?


Medidata (NASDAQ:MDSO), the leading global provider of cloud-based technology and data analytics for clinical research, today announced that Rouven Bergmann, chief financial officer, will present at the Bank of America Merrill Lynch 2017 Global Technology Conference on Wednesday, June 7, 2017, at 11:30 a.m. PT (2:30 p.m. ET) in San Francisco.

We are going to take a deep look at Medidata Solutions Inc. (NASDAQ:MDSO) to get a better view of the company and its prevailing status, as well as the prospect it may offer for investors. Today’s prime focus will be a fundamental assessment of the equity from top to bottom.

As such, let’s begin with the top line, i.e. revenue trends. Last quarter, the firm saw its overall revenue came at $126.82M. That represents a change in revenues, on a quarterly/yearly basis, of 0.18%. If it is translated that into sequential terms, the firm witnessed sales grow by 0.02% from quarter to quarter.

It?s important to track the top line data. There?s no better way to compute the end market?s reception of a firm?s products. But no one wins without bottom line performance, which is what is required to look at next.

Medidata Solutions Inc. (NASDAQ: MDSO) is intriguing when segregated to its core data. The cost of selling goods in preceding quarter was $30.7M, resulting in a gross basic income of $96.12M. For shareholders, provided the total diluted due shares of 58.08M, this means earnings per share of $0.16. Note, this assesses with a consensus analyst projection of $0.33 in EPS for its next quarterly report.

Given that data, now is the time to turn to a thorough glance across analyst projections for the firm going forward.

At present, analysts have a consensus average recommendation of Buy. This is grounded on a total of 9. While we don’t recommend taking analyst calls as face value strategies for action in a portfolio, we do consider it is vital to note where consensus is on an equity to understand what basic assumptions are possibly already discounted into pricing of shares.

As far as price targets, market analysts have an average target of $75.25. In addition, for next year, estimates of a fiscal year forecast is 1.54 in total EPS. On a median price to earnings ratio, that outlook results in a valuation of $48.62 times earnings.

For Medidata Solutions Inc. (NASDAQ: MDSO), the firm presently holds around $90.42M in cash. That cash is balanced against around $- in total current liabilities.

The firm’s debt is $falling, while total assets are $827.43M balanced by total liablities of $416.06M. The free cash flow last quarter was $15.7M, representing a net change in cash of $(3.35M). On a net operating level, the cash flow was about $22.49M.

Let’s take a look at the technical analysis.

The Barchart Technical Opinion rating is a 100% Buy and ranks in the Top 1% of all short term signal directions. Longer term, the trend strength is in the Top 1%. Long term indicators fully support a continuation of the trend. The market is approaching overbought territory. Be watchful of a trend reversal.

We will apprise the interesting story of Medidata Solutions Inc. (NASDAQ: MDSO) as new events transpire.

Subscribe to get your free report!

* indicates required
*Past performance is not a predictor of future results. All investing involves risk of loss and individual investments may vary. The examples provided may not be representative of typical results. Your capital is at risk when you invest – you can lose some or all of your money. Never risk more than you can afford to lose.By submitting your information you agree to the terms of our Privacy Policy • Cancel Newsletter Any Time.This is a FREE service from Finacials Trend. Signing up for our FREE daily e-letter also entitles you to receive this report. We will NOT share your email address with anyone.