NYSE:MED - Medifast Stock Price, News & Analysis

$106.53
-1.16 (-1.08 %)
(As of 09/20/2019 06:05 AM ET)
Today's Range
$104.3150
Now: $106.53
$109.14
50-Day Range
$97.37
MA: $103.22
$114.50
52-Week Range
$96.40
Now: $106.53
$228.76
Volume358,008 shs
Average Volume296,204 shs
Market Capitalization$1.26 billion
P/E Ratio23.06
Dividend Yield2.83%
Beta0.7
Medifast, Inc, through its subsidiaries, manufactures and distributes weight loss, weight management, healthy living products, and other consumable health and nutritional products. It offers bars, bites, pretzels, puffs, oatmeal and cereal crunch products, drinks, hearty choices, pancakes, puddings, soft serves, shakes, smoothies, soft bakes, and soups under the Medifast, OPTAVIA, Thrive by Medifast, Optimal Health by OPTAVIA, Flavors of Home, and Essential 1 brands. Read More…

Industry, Sector and Symbol

Industry Miscellaneous food preparations & kindred products
Sub-IndustryPersonal Products
SectorConsumer Staples
CUSIP58470H10
Phone410-581-8042

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$501 million
Cash Flow$5.1143 per share
Book Value$9.12 per share

Profitability

Net Income$55.79 million

Miscellaneous

Employees420
Market Cap$1.26 billion
Next Earnings Date11/5/2019 (Estimated)
OptionableOptionable

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Medifast (NYSE:MED) Frequently Asked Questions

What is Medifast's stock symbol?

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

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

Medifast declared a -- dividend on Friday, September 13th. Stockholders of record on Friday, September 27th will be paid a dividend of $0.75 per share on Thursday, November 7th. This represents a dividend yield of 2.8%. The ex-dividend date of this dividend is Thursday, September 26th. View Medifast's Dividend History.

How were Medifast's earnings last quarter?

Medifast Inc (NYSE:MED) posted its quarterly earnings data on Thursday, August, 1st. The specialty retailer reported $1.75 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.71 by $0.04. The specialty retailer had revenue of $187.10 million for the quarter, compared to the consensus estimate of $181.74 million. Medifast had a net margin of 11.22% and a return on equity of 61.06%. The company's quarterly revenue was up 59.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.16 earnings per share. View Medifast's Earnings History.

When is Medifast's next earnings date?

Medifast is scheduled to release their next quarterly earnings announcement on Tuesday, November 5th 2019. View Earnings Estimates for Medifast.

What guidance has Medifast issued on next quarter's earnings?

Medifast issued an update on its FY19 earnings guidance on Thursday, August, 1st. The company provided earnings per share guidance of $6.75-$6.95 for the period, compared to the Thomson Reuters consensus estimate of $6.78. The company issued revenue guidance of $730-$750 million, compared to the consensus revenue estimate of $738.02 million.

What price target have analysts set for MED?

3 analysts have issued twelve-month price objectives for Medifast's stock. Their forecasts range from $130.00 to $250.00. On average, they anticipate Medifast's stock price to reach $198.6667 in the next twelve months. This suggests a possible upside of 86.5% from the stock's current price. View Analyst Price Targets for Medifast.

What is the consensus analysts' recommendation for Medifast?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Medifast in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Medifast.

Has Medifast been receiving favorable news coverage?

News articles about MED stock have trended negative on Friday, according to InfoTrie. The research firm ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Medifast earned a media sentiment score of -2.9 on InfoTrie's scale. They also gave media headlines about the specialty retailer a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the next few days. View News Stories for Medifast.

Are investors shorting Medifast?

Medifast saw a increase in short interest during the month of August. As of August 31st, there was short interest totalling 2,482,800 shares, an increase of 28.0% from the July 31st total of 1,940,000 shares. Based on an average daily trading volume, of 276,300 shares, the short-interest ratio is currently 9.0 days. Currently, 21.7% of the company's shares are sold short. View Medifast's Current Options Chain.

Who are some of Medifast's key competitors?

What other stocks do shareholders of Medifast own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Medifast investors own include NVIDIA (NVDA), Micron Technology (MU), Boeing (BA), UnitedHealth Group (UNH), Paypal (PYPL), Mastercard (MA), Align Technology (ALGN), Lululemon Athletica (LULU), Home Depot (HD) and Alibaba Group (BABA).

Who are Medifast's key executives?

Medifast's management team includes the folowing people:
  • Mr. Daniel R. Chard, CEO & Director (Age 54)
  • Mr. Timothy G. Robinson CPA, CPA, Chief Financial Officer (Age 57)
  • Mr. William Baker IV, Exec. VP of Information Technology (Age 47)
  • Mr. Nicholas Johnson, Exec. VP of Coach Success Market Pres of OPTAVIA USA (Age 39)
  • Mr. Jason L. Groves, Exec. VP, Gen. Counsel & Corp. Sec. (Age 48)

Who are Medifast's major shareholders?

Medifast's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.43%), BlackRock Inc. (14.43%), Vanguard Group Inc. (12.44%), Renaissance Technologies LLC (5.83%), Hoplite Capital Management L.P. (3.45%) and Acadian Asset Management LLC (3.39%). Company insiders that own Medifast stock include Carl E Sassano, Charles P Connolly, Constance J Hallquist, Daniel R Chard, Glenn W Welling, Michael A Hoer, Michael C Macdonald, Ralph Rushton and Scott Schlackman. View Institutional Ownership Trends for Medifast.

Which major investors are selling Medifast stock?

MED stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, WINTON GROUP Ltd, Robeco Institutional Asset Management B.V., Man Group plc, Capital Fund Management S.A., Acadian Asset Management LLC, Balyasny Asset Management LLC and Russell Investments Group Ltd.. Company insiders that have sold Medifast company stock in the last year include Carl E Sassano, Constance J Hallquist and Scott Schlackman. View Insider Buying and Selling for Medifast.

Which major investors are buying Medifast stock?

MED stock was bought by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Hoplite Capital Management L.P., Pictet Asset Management Ltd., Pictet Asset Management Ltd., Victory Capital Management Inc., Royal Bank of Canada, Marshall Wace LLP and Allianz Asset Management GmbH. Company insiders that have bought Medifast stock in the last two years include Daniel R Chard and Michael A Hoer. View Insider Buying and Selling for Medifast.

How do I buy shares of Medifast?

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

What is Medifast's stock price today?

One share of MED stock can currently be purchased for approximately $106.53.

How big of a company is Medifast?

Medifast has a market capitalization of $1.26 billion and generates $501 million in revenue each year. The specialty retailer earns $55.79 million in net income (profit) each year or $4.62 on an earnings per share basis. Medifast employs 420 workers across the globe.View Additional Information About Medifast.

What is Medifast's official website?

The official website for Medifast is http://www.medifast1.com/.

How can I contact Medifast?

Medifast's mailing address is 100 International Drive, Baltimore MD, 21202. The specialty retailer can be reached via phone at 410-581-8042 or via email at [email protected]


MarketBeat Community Rating for Medifast (NYSE MED)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  305 (Vote Outperform)
Underperform Votes:  313 (Vote Underperform)
Total Votes:  618
MarketBeat's community ratings are surveys of what our community members think about Medifast and other stocks. Vote "Outperform" if you believe MED will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MED will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/20/2019 by MarketBeat.com Staff

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