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NYSE:MED

Medifast (MED) Stock Price, News & Analysis

$18.69
-1.08 (-5.46%)
(As of 07/5/2024 06:40 PM ET)
Today's Range
$18.66
$19.73
50-Day Range
$18.69
$35.53
52-Week Range
$18.66
$109.52
Volume
389,500 shs
Average Volume
484,076 shs
Market Capitalization
$204.41 million
P/E Ratio
3.01
Dividend Yield
N/A
Price Target
$49.75

Medifast MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.50 Rating Score
Upside/​Downside
166.2% Upside
$49.75 Price Target
Short Interest
Bearish
32.49% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-4.00
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
94.68%
From $0.94 to $1.83 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.61 out of 5 stars

Consumer Staples Sector

70th out of 125 stocks

Miscellaneous Food Preparations & Kindred Products Industry

2nd out of 4 stocks

MED stock logo

About Medifast Stock (NYSE:MED)

Medifast, Inc., through its subsidiaries, engages in the manufacture and sale of weight loss, weight management, and healthy living products in the United States and the Asia-Pacific. It offers bars, puffs, cereal, crunchers, drinks, hearty choices, oatmeal, pancakes, pudding, soft serve, shakes, smoothies, soft bakes, and soups under the OPTAVIA, OPTAVIA ACTIVE, and Optimal Health brand names. The company markets its products through point-of-sale transactions, as well as through ecommerce platform. Medifast, Inc. was founded in 1980 and is headquartered in Baltimore, Maryland.

MED Stock Price History

MED Stock News Headlines

3 Stocks to Sell as Ozempic Surges in Popularity
Obama wins Presidential debate
When I said Obama would seek a third term… They called me a conspiracy theorist, they said it couldn’t happen, that the 22nd Amendment makes it impossible. But as I explained on live radio years ago, “he could have a proxy… while he remains in control of the administration much like Putin did in Russia.”
Obama wins Presidential debate
When I said Obama would seek a third term… They called me a conspiracy theorist, they said it couldn’t happen, that the 22nd Amendment makes it impossible. But as I explained on live radio years ago, “he could have a proxy… while he remains in control of the administration much like Putin did in Russia.”
MED Jun 2024 65.000 put
Q1 2024 LifeMD Inc Earnings Call
See More Headlines
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Company Calendar

Last Earnings
4/29/2024
Today
7/08/2024
Next Earnings (Estimated)
8/05/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Miscellaneous food preparations & kindred products
Sub-Industry
Personal Products
CUSIP
58470H10
Employees
634
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$49.75
High Stock Price Target
$82.00
Low Stock Price Target
$17.50
Potential Upside/Downside
+166.2%
Consensus Rating
Reduce
Rating Score (0-4)
1.50
Research Coverage
2 Analysts

Profitability

Net Income
$99.42 million
Pretax Margin
9.70%

Debt

Sales & Book Value

Annual Sales
$1.07 billion
Cash Flow
$10.87 per share
Book Value
$18.50 per share

Miscellaneous

Free Float
10,664,000
Market Cap
$204.47 million
Optionable
Optionable
Beta
1.15
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Key Executives

  • Mr. Daniel R. ChardMr. Daniel R. Chard (Age 59)
    Executive Chairman & CEO
    Comp: $1.94M
  • Mr. James P. Maloney CPA (Age 56)
    Chief Financial Officer
    Comp: $823.91k
  • Mr. Anthony E. Tyree (Age 59)
    Chief Business Operations Officer
    Comp: $655.86k
  • Mr. Jason L. Groves Esq. (Age 53)
    Executive VP, General Counsel & Corporate Secretary
    Comp: $669.51k
  • Mr. Nicholas M. Johnson (Age 44)
    Chief Field Operations Officer
    Comp: $696.4k
  • Mr. Jonathan Barrett MacKenzie (Age 52)
    VP of Finance & Chief Accounting Officer
  • Mr. Steven Zenker
    Vice President of Investor Relations
  • Ms. Claudia C. Greninger (Age 51)
    Chief Human Resources Officer

MED Stock Analysis - Frequently Asked Questions

How have MED shares performed this year?

Medifast's stock was trading at $67.22 at the beginning of 2024. Since then, MED stock has decreased by 72.2% and is now trading at $18.69.
View the best growth stocks for 2024 here
.

How were Medifast's earnings last quarter?

Medifast, Inc. (NYSE:MED) posted its earnings results on Monday, April, 29th. The specialty retailer reported $0.66 EPS for the quarter, missing analysts' consensus estimates of $0.78 by $0.12. The business's revenue for the quarter was down 49.9% on a year-over-year basis.

What is Daniel Chard's approval rating as Medifast's CEO?

44 employees have rated Medifast Chief Executive Officer Daniel Chard on Glassdoor.com. Daniel Chard has an approval rating of 93% among the company's employees. This puts Daniel Chard in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

How do I buy shares of Medifast?

Shares of MED stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Medifast own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Medifast investors own include NVIDIA (NVDA), Alibaba Group (BABA), AbbVie (ABBV), Home Depot (HD), Boeing (BA), Johnson & Johnson (JNJ) and Intel (INTC).

This page (NYSE:MED) was last updated on 7/8/2024 by MarketBeat.com Staff

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