Medifast Company Profile (NYSE:MED)

About Medifast

Medifast logoMedifast, Inc. (Medifast) is engaged in the production, distribution and sale of weight loss, weight management and healthy living products, and other consumable health and diet products. The Company operates through its subsidiaries, Jason Pharmaceuticals, Inc., Take Shape For Life, Inc., Jason Enterprises, Inc., Medifast Franchise Systems (MFSI), Inc., Jason Properties, LLC, Medifast Nutrition, Inc. and Seven Crondall, LLC. Its product lines include weight loss, weight management, and healthy living meal replacements, snacks, hydration products and vitamins. It provides weight loss, weight management and healthy living products and programs through multiple channels of distribution: direct to consumer channel through its Website and in-house call centers; Take Shape For Life; Franchise Medifast Weight Control Centers, and a national network of physicians. It offers its products under the Medifast, Thrive by Medifast, Optimal Health by Take Shape For Life and Essential 1 brands.

Industry, Sector and Symbol:
  • Sector: Consumer Staples
  • Industry: Specialty Retail, Other
  • Sub-Industry: Personal Products
  • Exchange: NYSE
  • Symbol: MED
  • CUSIP: 58470H10
Key Metrics:
  • Previous Close: $38.36
  • 50 Day Moving Average: $36.68
  • 200 Day Moving Average: $33.36
  • 52-Week Range: $26.14 - $39.16
  • Trailing P/E Ratio: 26.81
  • Foreward P/E Ratio: 19.59
  • P/E Growth: 1.21
  • Market Cap: $452.59M
  • Outstanding Shares: 11,848,000
  • Beta: 0.63
Profitability:
  • Net Margins: 6.29%
  • Return on Equity: 24.46%
  • Return on Assets: 18.59%
Debt:
  • Current Ratio: 4.02%
  • Quick Ratio: 3.55%
Additional Links:
Companies Related to Medifast:

Analyst Ratings

Consensus Ratings for Medifast (NYSE:MED) (?)
Ratings Breakdown: 2 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $34.67 (9.25% downside)

Analysts' Ratings History for Medifast (NYSE:MED)
Show:
DateFirmActionRatingPrice TargetDetails
8/4/2016WunderlichBoost Price TargetHold$32.00 -> $36.00View Rating Details
1/11/2016SidotiUpgradeNeutral -> Buy$35.00View Rating Details
11/8/2015Canaccord GenuityReiterated RatingHold$33.00View Rating Details
11/7/2014Imperial CapitalDowngradeOutperform -> In-Line$34.00 -> $32.00View Rating Details
(Data available from 9/24/2014 forward)

Earnings

Earnings History for Medifast (NYSE:MED)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/3/2016        
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$0.39$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 (NYSE:MED)
Current Year EPS Consensus Estimate: $1.82 EPS
Next Year EPS Consensus Estimate: $1.95 EPS

Dividends

Current Dividend Information for Medifast (NYSE:MED)
Annual Dividend:$1.00
Dividend Yield:2.62%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:69.44% (Based on Trailing 12 Months of Earnings)
54.95% (Based on Current Year Consensus EPS Estimate)
51.28% (Based on Next Year Consensus EPS Estimate)

Dividend History for Medifast (NYSE:MED)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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 History for Medifast (NYSE:MED)
Insider Ownership Percentage: 6.47%
Institutional Ownership Percentage: 87.33%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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

Latest Headlines for Medifast (NYSE:MED)
DateHeadline
4-traders.com logoMEDIFAST INC : ex-dividend day (NYSE:MED)
www.4-traders.com - September 21 at 5:48 PM
seekingalpha.com logoMedifast declares $0.25 dividend (NYSE:MED)
seekingalpha.com - September 8 at 5:13 PM
News IconArmy Inks Agreement with Play By Play Sports (NYSE:MED)
www.goarmywestpoint.com - September 7 at 6:15 PM
News IconIndustry Opportunities for Weight Loss Services and Management Market (NYSE:MED)
reports.pr-inside.com - August 30 at 6:06 PM
capitalcube.com logoETF’s with exposure to Medifast, Inc. : August 19, 2016 (NYSE:MED)
www.capitalcube.com - August 19 at 6:03 PM
openpr.com logoWeight Loss Services Market - Recent industry trends and developments (NYSE:MED)
www.openpr.com - August 18 at 6:14 PM
News IconHow to Use Your Judaism to Lose Weight (NYSE:MED)
www.algemeiner.com - August 15 at 6:19 PM
News IconHow to Stay Fit on Vacation (NYSE:MED)
www.travelpulse.com - August 11 at 6:29 PM
capitalcube.com logoMedifast, Inc. :MED-US: Earnings Analysis: Q2, 2016 By the Numbers : August 10, 2016 (NYSE:MED)
www.capitalcube.com - August 10 at 6:33 PM
biz.yahoo.com logoMEDIFAST INC Files SEC form 10-Q, Quarterly Report (NYSE:MED)
biz.yahoo.com - August 9 at 6:22 PM
capitalcube.com logoMedasys SA :MED-FR: Earnings Analysis: For the six months ended December 31, 2015 : August 8, 2016 (NYSE:MED)
www.capitalcube.com - August 8 at 10:49 AM
sg.finance.yahoo.com logoMedifast posts 2Q profit (NYSE:MED)
sg.finance.yahoo.com - August 4 at 9:17 AM
bizjournals.com logoMedifast profit drops 45 percent in 2Q (NYSE:MED)
www.bizjournals.com - August 4 at 9:17 AM
finance.yahoo.com logoEdited Transcript of MED earnings conference call or presentation 3-Aug-16 8:30pm GMT (NYSE:MED)
finance.yahoo.com - August 4 at 9:17 AM
News IconMedifast sees growth in largest division, but overall revenue down in 2Q (NYSE:MED)
thedailyrecord.com - August 3 at 6:30 PM
twst.com logoMedifast Inc.: Medifast, Inc. Announces Second Quarter 2016 Financial Results (NYSE:MED)
www.twst.com - August 3 at 6:30 PM
biz.yahoo.com logoMEDIFAST INC Files SEC form 8-K, Results of Operations and Financial Condition (NYSE:MED)
biz.yahoo.com - August 3 at 6:29 PM
publicnow.com logoMedifast, Inc. Announces Second Quarter 2016 Financial Results (NYSE:MED)
www.publicnow.com - August 3 at 6:29 PM
finance.yahoo.com logo4:25 pm Medifast beats by $0.12, misses on revs; guides Q3 below two analyst estimate; raises FY16 EPS gudiance, reaffirms FY16 revs guidance (NYSE:MED)
finance.yahoo.com - August 3 at 6:29 PM
feeds.reuters.com logoBRIEF-Medifast raises FY adjusted earnings from cont ops forecast (NYSE:MED)
feeds.reuters.com - August 3 at 5:42 PM
sbwire.com logoWeight Management Market: Rising Awareness, Competition Significant Growth Factors (NYSE:MED)
www.sbwire.com - August 3 at 9:26 AM
biz.yahoo.com logoQ2 2016 Medifast Inc Earnings Release - After Market Close (NYSE:MED)
biz.yahoo.com - August 3 at 9:26 AM
finance.yahoo.com logoFood Stocks Earnings Lined Up for Aug 3: MED, MGPI & OME (NYSE:MED)
finance.yahoo.com - August 2 at 10:57 AM
News IconScentsy hires three new vice presidents (NYSE:MED)
idahobusinessreview.com - August 1 at 10:50 AM
bizjournals.com logoMedifast unveils a new product line for its biggest division (NYSE:MED)
www.bizjournals.com - July 28 at 6:22 AM
publicnow.com logoTake Shape For Life® Introduces Exclusive Product Line Under New OPTAVIA™ Lifestyle Brand (NYSE:MED)
www.publicnow.com - July 25 at 8:08 AM
4-traders.com logoMedifast : Take Shape for Life launches Optavia branded products (NYSE:MED)
www.4-traders.com - July 24 at 10:25 AM
News IconWeight loss company Medifast launches new products under Optavia brand (NYSE:MED)
www.baltimoresun.com - July 22 at 6:01 PM
4-traders.com logoMedifast : Weight loss company Medifast launches new products under Optavia brand (NYSE:MED)
www.4-traders.com - July 22 at 6:01 PM
News IconMedifast to release 2Q earnings report Aug. 3 (NYSE:MED)
thedailyrecord.com - July 12 at 6:24 PM
publicnow.com logoMedifast, Inc. to Announce Financial Results for the Second Quarter Ended June 30, 2016 (NYSE:MED)
www.publicnow.com - July 12 at 8:23 AM
einnews.com logoWeight Loss Services Market set to Grow in Coming Years; Driven by Huge Consumer Base-Transparency Market Research (NYSE:MED)
semiconductors.einnews.com - July 11 at 10:48 AM
4-traders.com logoMedifast : reg; Named to Forbes 100 Most Trustworthy Companies In America List (NYSE:MED)
www.4-traders.com - July 7 at 6:11 PM
publicnow.com logoMedifast® Named to Forbes 100 Most Trustworthy Companies In America List (NYSE:MED)
www.publicnow.com - July 7 at 5:41 PM
capitalcube.com logoMedifast, Inc. breached its 50 day moving average in a Bullish Manner : MED-US : July 1, 2016 (NYSE:MED)
www.capitalcube.com - July 1 at 8:23 AM
capitalcube.com logoMedifast, Inc. – Value Analysis (NYSE:MED) : June 21, 2016 (NYSE:MED)
www.capitalcube.com - June 21 at 11:32 AM
biz.yahoo.com logoMEDIFAST INC Files SEC form 8-K, Submission of Matters to a Vote of Security Holders (NYSE:MED)
biz.yahoo.com - June 20 at 4:11 PM
capitalcube.com logoMedifast, Inc. breached its 50 day moving average in a Bearish Manner : MED-US : June 20, 2016 (NYSE:MED)
www.capitalcube.com - June 20 at 8:22 AM
4-traders.com logoMedifast : Announces Quarterly Dividend (NYSE:MED)
www.4-traders.com - June 18 at 10:27 AM
publicnow.com logoMedifast, Inc. Announces Quarterly Dividend (NYSE:MED)
www.publicnow.com - June 15 at 4:29 PM
biz.yahoo.com logoMEDIFAST INC Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NYSE:MED)
biz.yahoo.com - June 15 at 4:07 PM
4-traders.com logoMedifast : Take Shape For Life Named To 2016 Direct Selling Association Top 20 (NYSE:MED)
www.4-traders.com - June 15 at 10:44 AM
finance.yahoo.com logoTake Shape For Life Named To 2016 Direct Selling Association Top 20 (NYSE:MED)
finance.yahoo.com - June 14 at 6:00 PM
capitalcube.com logoMedasys SA :MED-FR: Earnings Analysis: For the six months ended December 31, 2015 : June 10, 2016 (NYSE:MED)
www.capitalcube.com - June 10 at 2:41 AM
capitalcube.com logoMedasys SA :MED-FR: Earnings Analysis: 2015 By the Numbers : June 10, 2016 (NYSE:MED)
www.capitalcube.com - June 10 at 1:44 AM
gurufocus.com logo7 Stocks with 10 Years of Strong Returns (NYSE:MED)
www.gurufocus.com - June 9 at 8:59 AM
marketnewsvideo.com logoNoteworthy Monday Option Activity: OCUL, MED, MGM (NYSE:MED)
www.marketnewsvideo.com - June 7 at 8:46 AM
News IconHow Many Medifast Inc (NYSE:MED)'s Analysts Are Bullish? - HNN (NYSE:MED)
hintsnewsnetwork.com - May 28 at 11:56 PM
ftsenews.co.uk logoMEDIFAST INC (NYSE:MED) Updated Price Targets - FTSE News (NYSE:MED)
www.ftsenews.co.uk - May 26 at 10:18 AM
biz.yahoo.com logoMEDIFAST INC Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits (NYSE:MED)
biz.yahoo.com - May 25 at 3:51 PM

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Medifast (NYSE:MED) Chart for Saturday, September, 24, 2016


Last Updated on 9/24/2016 by MarketBeat.com Staff