Free Trial
NYSE:MED

Medifast (MED) Stock Price, News & Analysis

$19.02
-0.43 (-2.21%)
(As of 10:47 AM ET)
Today's Range
$18.97
$19.53
50-Day Range
$18.30
$21.96
52-Week Range
$17.86
$86.89
Volume
41,187 shs
Average Volume
455,163 shs
Market Capitalization
$208.08 million
P/E Ratio
3.07
Dividend Yield
N/A
Price Target
$49.75

Medifast MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.50 Rating Score
Upside/​Downside
155.8% Upside
$49.75 Price Target
Short Interest
Healthy
26.01% of Float Sold Short
Dividend Strength
N/A
Sustainability
-4.00
Upright™ Environmental Score
News Sentiment
0.05mentions of Medifast in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
28.70%
From $1.15 to $1.48 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.

4.09 out of 5 stars

Consumer Staples Sector

36th out of 132 stocks

Miscellaneous Food Preparations & Kindred Products Industry

1st out of 5 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

Medifast Inc (MDF.MU)
Has Trump Finally Gone Too Far?
Lately, there's been a lot of buzz around a secret loophole executive insiders are using to make millions buying and selling their own stocks. It's so powerful ... so profitable ... that most people immediately assume this is just another example of Trump doing what's best for business executives. But surprisingly, this loophole has been on the books for many years and executives have been using it to make HUNDREDS of millions of dollars. And here's the good news.
Medifast pivots again as revenue falls by 43%
Has Trump Finally Gone Too Far?
Lately, there's been a lot of buzz around a secret loophole executive insiders are using to make millions buying and selling their own stocks. It's so powerful ... so profitable ... that most people immediately assume this is just another example of Trump doing what's best for business executives. But surprisingly, this loophole has been on the books for many years and executives have been using it to make HUNDREDS of millions of dollars. And here's the good news.
Medifast Announces Second Quarter 2024 Financial Results
Here's what Wall Street expects from Medifast's earnings report
Medifast (MED) Q2 Earnings: What To Expect
Time to Unload: 3 Stocks in Deep Trouble to Sell Now
3 Stocks to Sell as Ozempic Surges in Popularity
See More Headlines
Receive MED Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Medifast and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
8/05/2024
Today
8/22/2024
Next Earnings (Estimated)
11/04/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Miscellaneous food preparations & kindred products
Sub-Industry
Personal Products
CUSIP
58470H10
Employees
870
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
+155.8%
Consensus Rating
Reduce
Rating Score (0-4)
1.50
Research Coverage
2 Analysts

Profitability

Net Income
$99.42 million
Pretax Margin
4.84%

Debt

Sales & Book Value

Annual Sales
$1.07 billion
Cash Flow
$11.51 per share
Book Value
$18.50 per share

Miscellaneous

Free Float
10,664,000
Market Cap
$212.78 million
Optionable
Optionable
Beta
1.15
20 Stocks to Sell Now Cover

MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.

Get This Free Report

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 on January 1st, 2024. Since then, MED stock has decreased by 71.1% and is now trading at $19.45.
View the best growth stocks for 2024 here
.

How were Medifast's earnings last quarter?

Medifast, Inc. (NYSE:MED) posted its quarterly earnings results on Monday, August, 5th. The specialty retailer reported $0.92 earnings per share for the quarter, beating the consensus estimate of $0.36 by $0.56. The specialty retailer earned $168.56 million during the quarter, compared to the consensus estimate of $160.44 million. Medifast had a net margin of 3.81% and a trailing twelve-month return on equity of 25.77%.

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.

Who are Medifast's major shareholders?

Top institutional investors of Medifast include Renaissance Technologies LLC (8.76%), Millennium Management LLC (4.29%), AQR Capital Management LLC (3.57%) and Acadian Asset Management LLC (3.09%). Insiders that own company stock include Daniel R Chard, Scott Schlackman, Andrea B Thomas, Jeffrey J Brown and Constance J Hallquist.
View institutional ownership trends
.

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 8/22/2024 by MarketBeat.com Staff

From Our Partners