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NYSE:MED - Medifast Stock Price, Forecast & News

$83.11
-2.71 (-3.16 %)
(As of 02/28/2020 04:00 PM ET)
Today's Range
$81.64
Now: $83.11
$91.74
50-Day Range
$83.11
MA: $103.63
$116.89
52-Week Range
$66.50
Now: $83.11
$159.41
Volume493,851 shs
Average Volume288,553 shs
Market Capitalization$964.91 million
P/E Ratio12.93
Dividend Yield5.27%
Beta0.71
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$713.67 million
Cash Flow$4.92 per share
Book Value$9.03 per share

Profitability

Net Income$55.79 million

Miscellaneous

Employees420
Market Cap$964.91 million
Next Earnings Date5/6/2020 (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 announced a quarterly dividend on Thursday, December 5th. Investors of record on Friday, December 27th will be paid a dividend of $1.13 per share on Thursday, February 6th. This represents a $4.52 annualized dividend and a dividend yield of 5.44%. The ex-dividend date is Thursday, December 26th. This is an increase from Medifast's previous quarterly dividend of $0.75. View Medifast's Dividend History.

How were Medifast's earnings last quarter?

Medifast Inc (NYSE:MED) released its earnings results on Wednesday, February, 26th. The specialty retailer reported $1.66 EPS for the quarter, topping analysts' consensus estimates of $1.07 by $0.59. The specialty retailer earned $170.63 million during the quarter, compared to the consensus estimate of $162 million. Medifast had a return on equity of 62.24% and a net margin of 10.92%. View Medifast's Earnings History.

When is Medifast's next earnings date?

Medifast is scheduled to release their next quarterly earnings announcement on Wednesday, May 6th 2020. View Earnings Estimates for Medifast.

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

Medifast updated its FY20 earnings guidance on Wednesday, February, 26th. The company provided EPS guidance of $6.25 to $6.55 for the period, compared to the Thomson Reuters consensus EPS estimate of $6.84. The company issued revenue guidance of $715.0 million to $745.0 million, compared to the consensus revenue estimate of $798.90 million.

What price target have analysts set for MED?

3 brokerages have issued 1-year price objectives for Medifast's shares. Their forecasts range from $83.00 to $90.00. On average, they expect Medifast's share price to reach $86.50 in the next twelve months. This suggests a possible upside of 4.1% 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 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Medifast.

Has Medifast been receiving favorable news coverage?

Media stories about MED stock have been trending very negative on Saturday, according to InfoTrie. The research firm scores the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Medifast earned a news sentiment score of -3.4 on InfoTrie's scale. They also assigned media stories about the specialty retailer a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Medifast.

Are investors shorting Medifast?

Medifast saw a decrease in short interest in the month of January. As of January 31st, there was short interest totalling 3,660,000 shares, a decrease of 10.9% from the January 15th total of 4,110,000 shares. Based on an average daily trading volume, of 420,800 shares, the days-to-cover ratio is currently 8.7 days. Approximately 33.1% of the shares of the stock are short sold. 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), Alibaba Group (BABA), Micron Technology (MU), Paypal (PYPL), Home Depot (HD), AbbVie (ABBV), Boeing (BA), Mastercard (MA), Adobe (ADBE) and Visa (V).

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 retail and institutional investors. Top institutional investors include Renaissance Technologies LLC (8.03%), Rice Hall James & Associates LLC (3.67%), Pictet Asset Management Ltd. (3.39%), State Street Corp (2.85%), Bank of New York Mellon Corp (2.16%) and Acadian Asset Management LLC (2.10%). Company insiders that own Medifast stock include Carl E Sassano, Charles P Connolly, Constance J Hallquist, Daniel R Chard, Michael A Hoer, Michael C Macdonald and Scott Schlackman. View Institutional Ownership Trends for Medifast.

Which institutional investors are selling Medifast stock?

MED stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Victory Capital Management Inc., AQR Capital Management LLC, Acadian Asset Management LLC, Principal Financial Group Inc., Geode Capital Management LLC, Jacobs Levy Equity Management Inc. and Prudential Financial Inc.. Company insiders that have sold Medifast company stock in the last year include Carl E Sassano and Scott Schlackman. View Insider Buying and Selling for Medifast.

Which institutional investors are buying Medifast stock?

MED stock was acquired by a variety of institutional investors in the last quarter, including Rice Hall James & Associates LLC, Bank of New York Mellon Corp, Winmill & CO. Inc., Hotchkis & Wiley Capital Management LLC, Engine Capital Management LP, Snow Capital Management LP, Goodwin Daniel L and Man Group plc. 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 $83.11.

How big of a company is Medifast?

Medifast has a market capitalization of $964.91 million and generates $713.67 million in revenue each year. The specialty retailer earns $55.79 million in net income (profit) each year or $5.96 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:  2.4 out of 5 (star star)
Outperform Votes:  339 (Vote Outperform)
Underperform Votes:  353 (Vote Underperform)
Total Votes:  692
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 2/29/2020 by MarketBeat.com Staff

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