MEDIFAST INC Company Profile (NYSE:MED)

About MEDIFAST INC (NYSE:MED)

MEDIFAST INC logoMedifast, Inc. is engaged in the production, distribution and sale of weight loss, weight management and healthy living products, and other consumable health and nutritional products. Medifast product lines include weight loss, weight management, and healthy living meal replacements, snacks, hydration products and vitamins. The Company provides weight loss, weight management and healthy living products and programs through multiple channels of distribution, which include Take Shape For Life; its direct to consumer business unit through its Website and in-house call centers; Franchise Medifast Weight Control Centers, and a national network of physicians. The Company offers a range of weight loss, weight management and healthy products under the Medifast, OPTAVIA, Thrive by Medifast, Optimal Health by Take Shape For Life, Flavors of Home and Essential 1 brands. The Company also offers a sports nutrition pilot product line, Dual Fuel.

Industry, Sector and Symbol:
  • Sector: Consumer Staples
  • Industry: Special Foods & Welbeing Products
  • Sub-Industry: Personal Products
  • Symbol: NYSE:MED
  • CUSIP: 58470H10
  • Web: www.medifast1.com
Capitalization:
  • Market Cap: $498.07 million
  • Outstanding Shares: 11,927,000
Average Prices:
  • 50 Day Moving Avg: $43.36
  • 200 Day Moving Avg: $43.08
  • 52 Week Range: $31.15 - $47.35
P/E:
  • Trailing P/E Ratio: 25.46
  • Foreward P/E Ratio: 16.77
  • P/E Growth: 1.20
Sales & Book Value:
  • Annual Revenue: $272.81 million
  • Price / Sales: 1.83
  • Book Value: $8.31 per share
  • Price / Book: 5.03
Dividend:
  • Annual Dividend: $1.28
  • Dividend Yield: 3.1%
Profitability:
  • EBIDTA: $40.16 million
  • Net Margins: 7.23%
  • Return on Equity: 24.94%
  • Return on Assets: 19.58%
Debt:
  • Current Ratio: 4.48%
  • Quick Ratio: 3.62%
Misc:
  • Average Volume: 83,927 shs.
  • Beta: 0.54
  • Short Ratio: 3.54
 

Frequently Asked Questions for MEDIFAST INC (NYSE:MED)

What is MEDIFAST INC's stock symbol?

MEDIFAST INC trades on the New York Stock Exchange (NYSE) under the ticker symbol "MED."

How often does MEDIFAST INC pay dividends? What is the dividend yield for MEDIFAST INC?

MEDIFAST INC declared a quarterly dividend on Wednesday, June 7th. Shareholders of record on Friday, June 23rd will be given a dividend of $0.32 per share on Wednesday, August 9th. This represents a $1.28 dividend on an annualized basis and a yield of 3.07%. The ex-dividend date is Wednesday, June 21st. View MEDIFAST INC's Dividend History.

How were MEDIFAST INC's earnings last quarter?

MEDIFAST INC (NYSE:MED) issued its quarterly earnings data on Thursday, May, 4th. The company reported $0.51 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.49 by $0.02. The company had revenue of $70.62 million for the quarter, compared to analyst estimates of $72.36 million. MEDIFAST INC had a return on equity of 24.94% and a net margin of 7.23%. The business's quarterly revenue was down 2.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.42 EPS. View MEDIFAST INC's Earnings History.

What guidance has MEDIFAST INC issued on next quarter's earnings?

MEDIFAST INC issued an update on its FY17 earnings guidance on Thursday, May, 4th. The company provided earnings per share guidance of $2.00-2.10 for the period, compared to the Thomson Reuters consensus estimate of $2.05. The company issued revenue guidance of $290.0-300.0 million, compared to the consensus revenue estimate of $291.94 million.MEDIFAST INC also updated its Q2 guidance to $0.51-0.54 EPS.

Where is MEDIFAST INC's stock going? Where will MEDIFAST INC's stock price be in 2017?

2 equities research analysts have issued 1 year target prices for MEDIFAST INC's stock. Their predictions range from $36.00 to $36.00. On average, they expect MEDIFAST INC's share price to reach $36.00 in the next year. View Analyst Ratings for MEDIFAST INC.

Who are some of MEDIFAST INC's key competitors?

Who are MEDIFAST INC's key executives?

MEDIFAST INC's management team includes the folowing people:

  • Michael Charles MacDonald, Executive Chairman of the Board
  • Daniel R. Chard, Chief Executive Officer, Director
  • Timothy G. Robinson CPA, Chief Financial Officer
  • Jason L. Groves Esq., Executive Vice President, General Counsel
  • Joseph P. Kelleman, Vice President - Finance, CorporateController
  • Kevin G. Byrnes, Independent Director
  • Charles P. Connolly, Independent Director
  • Carl E. Sassano, Independent Director

Who owns MEDIFAST INC stock?

MEDIFAST INC's stock is owned by many different of retail and institutional investors. Top institutional investors include Renaissance Technologies LLC (8.01%), Vanguard Group Inc. (5.40%), Dimensional Fund Advisors LP (5.31%), Acadian Asset Management LLC (3.92%), Kennedy Capital Management Inc. (3.19%) and State Street Corp (2.61%). Company insiders that own MEDIFAST INC stock include Balanced Master Fund L Visium, Glenn W Welling, Jeffrey J Brown and Margaret Sheetz. View Institutional Ownership Trends for MEDIFAST INC.

Who sold MEDIFAST INC stock? Who is selling MEDIFAST INC stock?

MEDIFAST INC's stock was sold by a variety of institutional investors in the last quarter, including Prudential Financial Inc., Russell Investments Group Ltd., Goldman Sachs Group Inc., AQR Capital Management LLC, ClariVest Asset Management LLC, Teachers Advisors LLC, TIAA CREF Investment Management LLC and Credit Suisse AG. View Insider Buying and Selling for MEDIFAST INC.

Who bought MEDIFAST INC stock? Who is buying MEDIFAST INC stock?

MEDIFAST INC's stock was acquired by a variety of institutional investors in the last quarter, including Seizert Capital Partners LLC, LSV Asset Management, Bank of America Corp DE, Karp Capital Management Corp, Vanguard Group Inc., MARSHALL WACE ASIA Ltd, Marshall Wace North America L.P. and Dimensional Fund Advisors LP. Company insiders that have bought MEDIFAST INC stock in the last two years include Glenn W Welling and Jeffrey J Brown. View Insider Buying and Selling for MEDIFAST INC.

How do I buy MEDIFAST INC stock?

Shares of MEDIFAST INC can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is MEDIFAST INC's stock price today?

One share of MEDIFAST INC stock can currently be purchased for approximately $41.76.


MarketBeat Community Rating for MEDIFAST INC (NYSE MED)
Community Ranking:  2.3 out of 5 ( )
Outperform Votes:  95 (Vote Outperform)
Underperform Votes:  114 (Vote Underperform)
Total Votes:  209
MarketBeat's community ratings are surveys of what our community members think about MEDIFAST INC and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for MEDIFAST INC (NYSE:MED) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $36.00 (13.79% downside)

Analysts' Ratings History for MEDIFAST INC (NYSE:MED)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/2/2017SidotiDowngradeBuy -> NeutralLowView Rating Details
8/4/2016WunderlichBoost Price TargetHold$32.00 -> $36.00N/AView Rating Details
11/8/2015Canaccord GenuityReiterated RatingHold$33.00N/AView Rating Details
(Data available from 6/28/2015 forward)

Earnings

Earnings History for MEDIFAST INC (NYSE:MED)
Earnings by Quarter for MEDIFAST INC (NYSE:MED)
Earnings History by Quarter for MEDIFAST INC (NYSE MED)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/4/2017Q1 2017$0.49$0.51$72.36 million$70.62 millionViewListenView Earnings Details
3/9/2017Q4 2016$0.33$0.34$65.01 million$62.50 millionViewListenView Earnings Details
11/3/2016Q316$0.45$0.51$66.79 million$68.57 millionViewN/AView Earnings Details
8/3/2016Q216$0.51$0.63$72.01 million$71.14 millionViewN/AView Earnings Details
5/4/2016Q116$0.33$0.42$69.31 million$72.30 millionViewN/AView Earnings Details
3/10/2016Q415$0.35$0.33$62.98 million$61.30 millionViewListenView Earnings Details
11/5/2015Q315$0.42$0.45$67.00 million$65.90 millionViewN/AView Earnings Details
8/5/2015Q215$0.48$0.48$72.79 million$72.20 millionViewN/AView Earnings Details
5/7/2015Q115$0.35$0.46$71.80 million$73.30 millionViewN/AView Earnings Details
3/12/2015Q414$0.46$0.38$69.40 million$62.30 millionViewN/AView Earnings Details
11/5/2014Q314$0.36$0.47$76.10 million$74.00 millionViewN/AView Earnings Details
8/7/2014Q114$0.40$0.44$87.30 million$80.88 millionViewN/AView Earnings Details
5/5/2014Q1$0.37$0.45$87.60 million$86.50 millionViewN/AView Earnings Details
3/10/2014Q413$0.36$0.39$80.83 million$77.30 millionViewN/AView Earnings Details
11/5/2013Q313$0.42$0.41$95.07 million$86.48 millionViewN/AView Earnings Details
8/6/2013Q2 2013$0.51$0.51$101.30 million$97.10 millionViewN/AView Earnings Details
5/8/2013Q1 2013$0.34$0.43$93.77 million$96.00 millionViewN/AView Earnings Details
3/7/2013Q4 2012$0.25$0.28$82.90 million$83.20 millionViewN/AView Earnings Details
11/5/2012Q312$0.40$0.42$89.73 million$91.00 millionViewN/AView Earnings Details
7/26/2012$0.38$0.47ViewN/AView Earnings Details
5/8/2012$0.38$0.29ViewN/AView Earnings Details
3/13/2012$0.21$0.08ViewN/AView Earnings Details
11/3/2011$0.38$0.36ViewN/AView Earnings Details
8/4/2011$0.47$0.41ViewN/AView Earnings Details
5/9/2011$0.41$0.44ViewN/AView Earnings Details
3/31/2011$0.32$0.23ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for MEDIFAST INC (NYSE:MED)
Current Year EPS Consensus Estimate: $2.03 EPS
Next Year EPS Consensus Estimate: $2.49 EPS

Dividends

Current Dividend Information for MEDIFAST INC (NYSE:MED)
Next Dividend:8/9/2017
Annual Dividend:$1.28
Dividend Yield:3.07%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:77.58% (Trailing 12 Months of Earnings)
63.05% (Based on This Year's Estimates)
51.41% (Based on Next Year's Estimates)
Dividend Payments by Quarter for MEDIFAST INC (NYSE:MED)

Dividend History by Quarter for MEDIFAST INC (NYSE MED)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
6/7/2017Quarterly$0.323.1%6/21/20176/23/20178/9/2017
3/8/2017quarterly$0.322.92%3/21/20173/23/20175/9/2017
12/9/2016quarterly$0.323.13%12/21/201612/23/20162/9/2017
9/9/2016quarterly$0.252.75%9/21/20169/23/201611/10/2016
6/16/2016quarterly$0.253.04%6/23/20166/27/20168/10/2016
3/10/2016quarterly$0.253.25%3/17/20163/21/20165/10/2016
12/16/2015special$0.2512/23/201512/28/20152/10/2016
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for MEDIFAST INC (NYSE:MED)
Insider Ownership Percentage: 5.40%
Institutional Ownership Percentage: 93.39%
Insider Trades by Quarter for MEDIFAST INC (NYSE:MED)
Institutional Ownership by Quarter for MEDIFAST INC (NYSE:MED)
Insider Trades by Quarter for MEDIFAST INC (NYSE:MED)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/14/2017Glenn W WellingDirectorBuy17,084$41.33$706,081.72View SEC Filing  
11/15/2016Glenn W WellingDirectorBuy35,000$39.02$1,365,700.00View SEC Filing  
11/9/2016Jeffrey J BrownDirectorBuy10,000$38.71$387,100.00View SEC Filing  
5/31/2016Balanced Master Fund L VisiumMajor ShareholderSell1,350,000$30.25$40,837,500.00View SEC Filing  
4/1/2016Margaret SheetzCOOSell8,333$30.02$250,156.66View SEC Filing  
2/1/2016Margaret SheetzCOOSell8,333$28.62$238,490.46View SEC Filing  
12/1/2015Margaret SheetzCOOSell8,333$29.92$249,323.36View SEC Filing  
11/2/2015Margaret SheetzCOOSell8,333$28.72$239,323.76View SEC Filing  
10/5/2015Margaret SheetzCOOSell8,333$28.88$240,657.04View SEC Filing  
9/3/2015Margaret SheetzCOOSell6,864$28.00$192,192.00View SEC Filing  
9/2/2015Margaret SheetzCOOSell1,469$28.00$41,132.00View SEC Filing  
6/25/2015Moduslink Global Solutions IncMajor ShareholderSell29,654$33.03$979,471.62View SEC Filing  
6/23/2015Moduslink Global Solutions IncMajor ShareholderSell27,443$33.01$905,893.43View SEC Filing  
6/22/2015Moduslink Global Solutions IncMajor ShareholderSell9,494$33.01$313,396.94View SEC Filing  
6/11/2015Barry B BondroffDirectorSell1,666$31.88$53,112.08View SEC Filing  
6/10/2015Margaret SheetzCOOSell8,337$32.00$266,784.00View SEC Filing  
6/4/2015John P McdanielDirectorSell3,000$32.14$96,420.00View SEC Filing  
8/18/2014Jeannette M MillsEVPSell3,000$28.03$84,090.00View SEC Filing  
6/10/2014Jason L GrovesEVPSell3,250$31.75$103,187.50View SEC Filing  
6/10/2014John P McdanielDirectorSell3,500$31.74$111,090.00View SEC Filing  
6/9/2014Jeannette M MillsEVPSell2,784$32.09$89,338.56View SEC Filing  
6/5/2014Charles P ConnollyDirectorSell7,500$30.91$231,825.00View SEC Filing  
12/2/2013Margaret Macdonald SheetzCOOSell18,000$25.63$461,340.00View SEC Filing  
11/22/2013Margaret Macdonald SheetzCOOSell35,000$24.33$851,550.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for MEDIFAST INC (NYSE:MED)
Latest Headlines for MEDIFAST INC (NYSE:MED)
Source:
DateHeadline
americanbankingnews.com logo Brokerages Expect Medifast Inc (MED) to Post $0.53 EPS
www.americanbankingnews.com - June 28 at 12:30 AM
americanbankingnews.com logoMEDIFAST INC (MED) vs. Nutraceutical International Corporation (NUTR) Head to Head Review
www.americanbankingnews.com - June 27 at 6:22 PM
finance.yahoo.com logoMedifast, Inc. : MED-US: Dividend Analysis : June 23rd, 2017 (record date) : By the numbers : June 21, 2017
finance.yahoo.com - June 21 at 7:39 PM
finance.yahoo.com logoMedifast, Inc. :MED-US: Earnings Analysis: Q1, 2017 By the Numbers : June 21, 2017
finance.yahoo.com - June 21 at 7:39 PM
finance.yahoo.com logoTake Shape For Life® Named to 2017 Direct Selling Association Top 20 List
finance.yahoo.com - June 20 at 7:30 PM
finance.yahoo.com logoDividend Coverage: This Nutrition and Weight Loss Company has a Dividend Yield of 3.02%; Will Trade Ex-Dividend on June 21, 2017
finance.yahoo.com - June 20 at 7:30 PM
americanbankingnews.com logoMEDIFAST INC Declares Quarterly Dividend of $0.32 (MED)
www.americanbankingnews.com - June 16 at 1:22 PM
reuters.com logoBRIEF-Medifast Inc may repurchase up to 850,000 shares of common stock
www.reuters.com - June 15 at 2:56 AM
finance.yahoo.com logoMedifast® Announces 10b5-1 Plan to Facilitate Continued Share Repurchases
finance.yahoo.com - June 14 at 9:36 AM
bizjournals.com logoExclusive: Medifast explores move from Baltimore County to Harbor East
www.bizjournals.com - June 7 at 6:08 PM
americanbankingnews.com logoMedifast Inc (MED) Expected to Post Earnings of $0.53 Per Share
www.americanbankingnews.com - June 1 at 8:20 PM
finance.yahoo.com logo5 Must See Earnings Charts
finance.yahoo.com - May 24 at 10:51 AM
bizjournals.com logoTerra's Kitchen raising $5 million to fuel growth, hiring
www.bizjournals.com - May 13 at 8:56 AM
americanbankingnews.com logoMedifast Inc (MED) Announces Quarterly Earnings Results
www.americanbankingnews.com - May 8 at 4:58 PM
americanbankingnews.com logoMedifast Inc (MED) Releases FY17 Earnings Guidance
www.americanbankingnews.com - May 5 at 10:23 PM
americanbankingnews.com logoMedifast Inc (MED) Releases Q2 Earnings Guidance
www.americanbankingnews.com - May 5 at 10:23 PM
reuters.com logoBRIEF-Medifast Q1 earnings per share $0.51
www.reuters.com - May 5 at 8:42 AM
finance.yahoo.com logoEdited Transcript of MED earnings conference call or presentation 4-May-17 8:30pm GMT
finance.yahoo.com - May 5 at 8:42 AM
americanbankingnews.com logoMedifast Inc (MED) Updates FY17 Earnings Guidance
www.americanbankingnews.com - May 4 at 8:58 PM
prnewswire.com logoMedifast, Inc. Announces First Quarter 2017 Financial Results
www.prnewswire.com - May 4 at 6:35 PM
marketbeat.com logoMedifast posts 1Q profit
marketbeat.com - May 4 at 6:34 PM
finance.yahoo.com logoMedifast® Earns Spot on Forbes' 100 Most Trustworthy Companies in America List for Second Consecutive Year
finance.yahoo.com - May 1 at 12:42 PM
americanbankingnews.com logoMedifast (MED) Earning Very Favorable News Coverage, AlphaOne Reports
www.americanbankingnews.com - April 30 at 9:26 AM
americanbankingnews.com logoSomewhat Favorable Media Coverage Very Likely to Impact Medifast (MED) Share Price
www.americanbankingnews.com - April 26 at 10:33 PM
finance.yahoo.com logoMedifast, Inc. to Announce Financial Results for the First Quarter Ended March 31, 2017
finance.yahoo.com - April 24 at 5:15 PM
americanbankingnews.com logoMedifast (MED) Getting Somewhat Negative Press Coverage, AlphaOne Reports
www.americanbankingnews.com - April 21 at 9:23 PM
finance.yahoo.com logoMedifast, Inc. – Value Analysis (NYSE:MED) : April 19, 2017
finance.yahoo.com - April 19 at 6:33 PM
finance.yahoo.com logoMedifast, Inc. breached its 50 day moving average in a Bullish Manner : MED-US : April 18, 2017
finance.yahoo.com - April 18 at 10:29 AM
americanbankingnews.com logoMedifast (MED) Earns Daily Coverage Optimism Score of 0.57
www.americanbankingnews.com - April 17 at 10:31 AM
finance.yahoo.com logoMedifast CEO receives nearly $3 million in 2016
finance.yahoo.com - April 10 at 6:07 PM
finance.yahoo.com logoMedifast, Inc. breached its 50 day moving average in a Bearish Manner : MED-US : April 5, 2017
finance.yahoo.com - April 7 at 6:59 PM
americanbankingnews.com logoMedifast Inc (MED) Rating Increased to Buy at Zacks Investment Research
www.americanbankingnews.com - March 30 at 11:10 AM
biz.yahoo.com logoMEDIFAST INC Files SEC form 8-K, Change in Directors or Principal Officers
biz.yahoo.com - March 29 at 7:06 PM
americanbankingnews.com logoMedifast Inc (MED) Upgraded to Buy by Zacks Investment Research
www.americanbankingnews.com - March 24 at 3:01 PM
capitalcube.com logoMedifast, Inc. breached its 50 day moving average in a Bullish Manner : MED-US : March 23, 2017
us.rd.yahoo.com - March 24 at 12:04 AM
biz.yahoo.com logoMEDIFAST INC Files SEC form 10-K, Annual Report
biz.yahoo.com - March 16 at 7:12 PM
finance.yahoo.com logoEdited Transcript of MED earnings conference call or presentation 9-Mar-17 9:30pm GMT
finance.yahoo.com - March 10 at 9:54 AM
finance.yahoo.com logoMedifast, Inc. Announces Fourth Quarter and Full Year 2016 Financial Results
finance.yahoo.com - March 9 at 6:17 PM
biz.yahoo.com logoMEDIFAST INC Files SEC form 8-K, Results of Operations and Financial Condition
biz.yahoo.com - March 9 at 6:17 PM
finance.yahoo.com logo4:10 pm Medifast beats by $0.01, misses on revs; guides Q1 EPS below estimate, revs below estimate; guides FY17 EPS in-line, revs in-line
finance.yahoo.com - March 9 at 6:17 PM
americanbankingnews.com logoMedifast Inc (MED) Releases Earnings Results, Beats Estimates By $0.01 EPS
www.americanbankingnews.com - March 9 at 5:06 PM
biz.yahoo.com logoQ4 2016 Medifast Inc Earnings Release - After Market Close
biz.yahoo.com - March 9 at 8:45 AM
americanbankingnews.com logoMedifast Inc (MED) to Release Earnings on Thursday
www.americanbankingnews.com - March 8 at 9:19 AM
finance.yahoo.com logoMedifast, Inc. Announces Quarterly Dividend
finance.yahoo.com - March 7 at 6:17 PM
finance.yahoo.com logoMedifast, Inc. to Announce Financial Results for the Fourth Quarter and Fiscal Year Ended December 31, 2016
finance.yahoo.com - February 23 at 6:31 PM
finance.yahoo.com logoTake Shape For Life® Hosts Largest Go Global Leadership Conference Ever
finance.yahoo.com - February 20 at 5:52 PM
nasdaq.com logoInsiders Bullish on Certain Holdings of VDC
www.nasdaq.com - February 17 at 2:34 PM
bizjournals.com logoTerra's Kitchen is tripling in size, needs space to grow
www.bizjournals.com - February 14 at 8:04 PM
streetinsider.com logoForm SC 13G MEDIFAST INC Filed by: VANGUARD GROUP INC
www.streetinsider.com - February 10 at 7:18 PM
bloomberg.com logoCompany Overview of Medifast, Inc.
www.bloomberg.com - January 25 at 7:55 PM

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MEDIFAST INC (MED) Chart for Wednesday, June, 28, 2017

This page was last updated on 6/28/2017 by MarketBeat.com Staff